Pandora Media, Inc. (NYSE:P) last session’s volume of 22.69 million shares was higher than its average volume of 8.88 million shares. The stock, after opening at $9.71, hit $9.42 through the close by scoring 5.49%.Pandora Media, Inc. (P) Analyst Opinion
Pandora Media, Inc. has a consensus outperform rating from 31 Wall Street analysts, and the number of shares currently sold short amount to at least 29.98% of shares outstanding. The stock sank -12.62% last month and is down -27.76 this year. Wall Street is only getting more bullish on the stock, with 15 of analysts who cover P having a buy-equivalent rating. Analysts have placed a $13.5 price target on Pandora Media, Inc., suggesting a 43.31% gain from recent close. It’s currently trading about -37.12% below its 52-week high.Pandora Media, Inc. Earnings Surprise
Pandora Media, Inc. (P) surprised the stock market in its last reported earnings when it earned -$0.24 a piece versus the consensus-estimated -$0.34. Its revenue totaled $318.15 million down -18.96% from the previous quarter.
This stock (P) is ahead of its 52-week low with 5.61%. Its last month’s stock price volatility remained 4.84% which for the week stands at 3.8%. The share price has moved backward from its 20 days moving average, trading at a distance of -9.24% and stays -14.95% away from its 50 days moving average. Over the last five days, shares have faced -0.84% losses and now is down -24.51% since hitting its 200-day moving average of $11.95. Pandora Media, Inc. (P) has made its way to a 12-month decline of -11.05%.
Turning to Rocket Fuel Inc. (NASDAQ:FUEL), its shares were trading at $2.92 a gain of $0.07, on the trading floor. The stock, after opening at $2.85, touched a high of $2.93 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Rocket Fuel Inc. has 0 buy ratings, 4 holds and 0 sells even after the stock tumbled -50.51% from its high of $5.9 to a $149.62 million market value through last close.Rocket Fuel Inc. (FUEL) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 3.2 to 3 during a month. Analysts set a 12-month price target of $3.58 a share. The target implies a 22.6% spike from where the shares are currently trading. Also, the current price highlights a discount of 71.23% to analysts’ high consensus price target.Rocket Fuel Inc. (NASDAQ:FUEL) Intraday Trading
The counter witnessed a trading volume of 1.11 million shares versus an average volume of 1.34 million shares during last trading session. Its last month’s stock price volatility remained 8.62% which for the week approaches 10.31%. The lowest price the stock reached in the last trading day was $2.71 and compares with the $1.7 52-week low. The stock recovered 71.76% since its low point and has performed 70.76% year-to-date.