Gain Insights into Two-Week-Old Target Price Estimates

Use the “EarningsEstimates_targetPriceHistory_dateMostRecentEstimate_weeks2Ago” function to quickly retrieve the date of the latest target price estimate made two weeks prior. This helps you understand any recent shifts in analyst evaluations over time. Through MarketXLS, stay informed on the historical evolution of a stock’s target price estimates without manually tracking multiple data sources.

Why Use This Function?

• Monitor Changing Analyst Confidence: See when target price estimates were last updated and track how these estimates have changed over time.
• Historical Context for Price Targets: Compare current market sentiment to data from two weeks ago, giving you a more complete view of analyst projections.
• Better Decision-Making: Combine target price estimates with other key indicators to make well-informed investment decisions.
• Automate Data Retrieval: Save time by automating the process directly in Excel, instead of manually navigating multiple sites.
• Integrate Seamlessly: Works with other MarketXLS functions for more robust analysis and modeling.

How to Use in Excel

EarningsEstimates_targetPriceHistory_dateMostRecentEstimate_weeks2Ago(Symbol)

1. Open Excel with the MarketXLS add-in installed and licensed.
2. Select a cell where you want the date of the most recent two-week-old estimate to appear.
3. Enter the function name followed by the stock symbol in parentheses.
4. Press Enter to fetch and display the date.

Note: If the symbol is invalid or no data is available, the function returns “NA”.

Parameters Explained

Example Usage

Basic Examples

1. =EarningsEstimates_targetPriceHistory_dateMostRecentEstimate_weeks2Ago("AAPL")

   • Retrieves the date of the most recent target price estimate for Apple (AAPL) from two weeks ago.
   • Returns a string or date-like value, such as “2023-09-15”.

2. =EarningsEstimates_targetPriceHistory_dateMostRecentEstimate_weeks2Ago("MSFT")

   • Similar usage for Microsoft—pulls the date for MSFT’s most recent estimate from two weeks back.
   • Particularly useful to compare how analyst sentiment has evolved over different intervals.

3. =EarningsEstimates_targetPriceHistory_dateMostRecentEstimate_weeks2Ago("XYZ")

   • If XYZ is invalid or not tracked, the function will return “NA”.

Advanced Scenarios

1. Combining with Other Estimates:

   • Place the function side by side with other MarketXLS earnings estimate functions. For instance, track how one company’s date of last target price adjustment correlates with changes in quarterly earnings forecasts.

2. Building a Performance Tracker:

   • If you maintain a tracking sheet with daily or weekly updates, you can automate retrieval of historical target price estimate dates to measure changes over time. This helps you detect when major updates occurred relative to market movements.

3. Multi-Company Comparison:

   • Use multiple cells, each referencing a different stock symbol, to compare how often various companies undergo target price updates. Correlate these updates to market performance for deeper insights.

4. Trading Strategy Integration:

   • Some traders watch for patterns in target price revisions. You can combine these results with your entry/exit rules or signals, especially around earnings season, to make data-driven decisions.

Common Questions and Troubleshooting

• Q: “Why am I getting ‘NA’ for every function call?”
  A: Ensure you have a valid MarketXLS license and that the provided ticker symbol exists and is spelled correctly.

• Q: “I see ‘Refreshing’ sometimes!”
  A: This may appear if data is currently being refreshed. Allow MarketXLS time to complete the data request.

• Q: “The date seems off by a day or two—why?”
  A: Analyst updates may appear in different time zones or after market close. In most cases, the function adjusts to your system date/time, so slight variations can occur.

• Q: “Can I use this with non-U.S. symbols?”
  A: This feature primarily supports U.S. markets. Coverage may vary for international symbols; if data isn’t available, the function will return "NA."

Remember:
• Stay consistent in verifying valid tickers.
• Integrate the function with other Excel formulas to expand your market analysis.
• This function’s data depends on coverage from data providers and might differ for less frequently traded stocks.
• Always verify that your MarketXLS add-in is up to date to ensure its best performance.