Stock Earnings Estimates Under Consideration: NetSuite Inc (NYSE:N)

The shares of NetSuite Inc (NYSE:N) currently has mean rating of 2.62 while 4 analysts have recommended the shares as “BUY”, 7 recommended as “OUTPERFORM” and 10 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending June-16 is 230.54 million by 23 analysts. The means estimate of sales for the year ending Dec-16 is 966.76 million by 26 analysts.

The mean price target for the shares of NetSuite Inc (NYSE:N) is at 86.18 while the highest price target suggested by the analysts is 130.00 and low price target is 60.00. The mean price target is calculated keeping in view the consensus of 22 brokerage firms.

The average estimate of EPS for the current fiscal quarter for NetSuite Inc (NYSE:N) stands at 0.03 while the EPS for the current year is fixed at 0.46 by 24 analysts.

The next one year’s EPS estimate is set at 0.72 by 24 analysts while a year ago the analysts suggested the company’s EPS at 0.46. The analysts also projected the company’s long-term growth at 44.45% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, NetSuite Inc (NYSE:N) reported earnings of $0.11. The posted earnings topped the analyst’s consensus by $0.08 with the surprise factor of 266.70%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

NetSuite Inc. provides cloud-based financials/enterprise resource planning (ERP) and omnichannel commerce software suites in the United States and internationally. Its business management application suite includes NetSuite, a platform for financials/ERP, customer relationship management (CRM), professional services automation (PSA), and e-commerce capabilities that automates processes across departments; and NetSuite OneWorld to manage various companies or legal entities, with different currencies, taxation rules, and reporting requirements. The company also provides NetSuite CRM+ that provides sales force automation, marketing automation, customer support, and service management functionality; NetSuite OpenAir PSA, a PSA solution, which is used by professional services organizations, and provides a view into the services organization’s performance and profitability with dashboards and reports; and SuiteCommerce solution for retail and business-to-business businesses. In addition, it offers Bronto Marketing Platform, a commerce marketing automation platform; NetSuite InStore POS, a point-of-sale solution for retail businesses; LightCMS, a Web-based software platform; add-on modules; NetSuite industry editions; and SuiteCloud Platform that allows customers, partners, and developers to meet specific company, vertical, and industry requirements for personalization, business processes, and best practices. The company sells its products directly through professionals to medium-sized businesses and divisions of enterprises; and indirectly through its relationships with channel partners. It serves various industries, including wholesale/distribution; professional, consulting, and other services; computer software; e-commerce and retail; manufacturing; computer and IT services; telecommunications services; financial services; healthcare services; and education. NetSuite Inc. was founded in 1998 and is headquartered in San Mateo, California.