cricket betting quotesWomen’s U19 T20 Cricket World Cup call-up delight for Huntly’s Ailsa Lister

cricket betting quotesWall Street Analysts Think Couchbase, Inc. (BASE) Could Surge 29%: Read This Before Placing a Bet

  Shares of Couchbase, Inc. ( – ) have gained 9.8% over the past four weeks to close the last trading session at $14.29, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $18.50 indicates a potential upside of 29.5%.

  The average comprises eight short-term price targets ranging from a low of $17 to a high of $21, with a standard deviation of $1.31. While the lowest estimate indicates an increase of 19% from the current price level, the most optimistic estimate points to a 47% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

  While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That’s because the ability and unbiasedness of analysts in setting price targets have long been questionable.

  However, an impressive consensus price target is not the only factor that indicates a potential upside in BASE. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn’t give any idea as to how much the stock could surge, it has proven effective in predicting an upside.

  Price, Consensus and EPS Surprise

  Zacks Price, Consensus and EPS Surprise Chart for BASE

  Here’s What You May Not Know About Analysts’ Price Targets

  According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

  While Wall Street analysts have deep knowledge of a company’s fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

  They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

  However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock’s price movement. While that doesn’t necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

  That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

  Here’s Why There Could be Plenty of Upside Left in BASE

  Analysts’ growing optimism over the company’s earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That’s because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

  For the current year, five estimates have moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 5.8%.

  Moreover, BASE currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock’s potential upside in the near term. You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>>

  Therefore, while the consensus price target may not be a reliable indicator of how much BASE could gain, the direction of price movement it implies does appear to be a good guide.

cricket betting quotesWomen’s U19 T20 Cricket World Cup call-up delight for Huntly’s Ailsa Lister

  Huntly’s Ailsa Lister has been named in the Scotland squad for the inaugural ICC Women’s Under-19 T20 cricket World Cup.

  The Northern Lights/Stoneywood Dyce wicketkeeper will be part of the U19 player pool competing next month in Johannesburg, South Africa.

  In May, Lister made her senior Scotland debut as the Wildcats defeated Ireland in the first of four T20 internationals in Belfast.

  The U19 World Cup tournament is made up of 16 teams split into groups of four, and will be held between January 7-24.

  Scotland feature in group D alongside India, South Africa, and the UAE.

  The top three teams from each group will then progress to the Super Six round, which will consist of two groups of six. If Scotland qualify, they will move to Group 1, which will comprise of three teams, each from Groups A and D.

  The semi-finals on?January 27 will consist of the top two teams from each group and the final will be played at the same venue two days later.

  Peter Ross, Scotland women’s U19 head coach, cannot wait for the players to experience this historic competition.

  He said “It is a hugely exciting time ahead for this U19 Scotland Women squad as they prepare for the inaugural U19 Women’s T20 World Cup.

  “They will have the privilege of being the first Scottish female cricket team to ever participate in a World Cup and that is something which they can be proud of forever.

  “It is scheduled to be a brilliant tournament that will provide a number of opportunities for these players to learn more about themselves as people and as developing cricketers.

  “It was evident during their qualifying campaign? this is an extremely talented group who have the ability to deliver high quality performances.

  “I am confident that, if they can continue to play with that same style and mindset, they will showcase how good a team they are and will play some really exciting cricket.”

  The full squad is: Katherine Fraser (c) – Stewart’s Melville, Ailsa Lister (vc)(wk) – Northern Lights/Stoneywood Dyce, Molly Barbour-Smith – Gunnersbury Women, Olivia Bell – Stockport Georgians, Darcey Carter – Hayes and Whitstable, Maryam Faisal – Clydesdale/West of Scotland, Maisie Maceira – Carlton / Gala, Orla Montgomery – Dumfries, Niamh Muir – Dumfries/St Michael’s, Molly Paton – Stewart’s Melville, Niamh Robertson-Jack – Grange, Nayma Sheikh – West of Scotland/East Kilbride, Anne Sturgess – West of Scotland/Clydesdale, Emily Tucker – Watsonians, Emma Walsingham – Stewart’s Melville.

  As part of the tournament preparation, cricket betting quotesWomen’s U19 T20 Cricket World Cup call-up delight for Huntly’s Ailsa Lister the squad will be training at La Manga in Spain before Christmas and then will fly out to South Africa in early January to play some warm-up matches.

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