Pandora Media, Inc. (NYSE:P) most recently reported quarterly actual earnings per share of $-0.26 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $-0.3. The difference between the estimate and the actual EPS was $0.04 creating a surprise factor of 13.33%. Currently, the company has an impact score of 39. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.155. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $15.444 on the shares. The most bullish brokerage firm has a $18 target, while the most bearish sees the stock headed towards $10. This is according to the 18 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.21. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 18 recommendations taking into account in order to arrive at this number. Of the 18, 10 have a Strong Buy rating and 1 are rating it a Buy.
Historical stock prices for Peerless Systems Corp. (P). Pandora Media, Inc. (Pandora), is an Internet radio in the United States. As of January 31, 2012, it had over 125 million registered users. The Music Genome Project and its playlist generating algorithms predict listener music preferences, play music content suited to the tastes of each individual listener and introduce listeners to music they will love. When a listener enters a single song, artist or genre to start a station, a process it calls seeding, the Pandora service generates a station that plays music it think that listener will enjoy. It generates revenue from advertising. It also offers a subscription service to listeners. The Company’s service enables its listeners to create up to 100 personalized stations. Pandora provides service through two models: Free Service and Pandora One.
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