In the spreadsheet above I have tracked the earnings estimates for the top weighted Russell 2000 small cap stocks. I have columns for what the 2025 estimates were on 9/27/2024 and today.
The column under the date 11/26/2024 has a letter that represents the movement in 2025 earnings estimates since the most recent print (9/27/2024). “U” means 2025 estimates are UP in the last 60 days. “D” means 2025 estimates are DOWN in the last 60 days. “S” means 2025 estimates have remained the SAME in the last 60 days. The column entitled “1yr Target Est” is the Wall Street consensus 12 month price target for each stock.
What this table is telling us so far is that estimates are relatively flat. More estimates went UP for 2025 in the past 60 days than came DOWN – 16:13 UP:DOWN ratio. The rest remained the same.
The cumulative 2025 earnings power of these 30 stocks was revised DOWN by -0.55% in the past 60 days.