Sotheby's (BID) EPS Estimated At $1.34

February 14, 2018 - By Michael Collier

 Sotheby's (BID) EPS Estimated At $1.34
Investors sentiment decreased to 0.72 in 2017 Q3. Its down 0.11, from 0.83 in 2017Q2. It dropped, as 30 investors sold Sotheby's shares while 77 reduced holdings. 26 funds opened positions while 51 raised stakes. 47.51 million shares or 2.32% more from 46.43 million shares in 2017Q2 were reported.
Ahl Prtn Llp stated it has 0.04% of its portfolio in Sotheby's (NYSE:BID). Marcato Management Limited Partnership holds 4.09% in Sotheby's (NYSE:BID) or 777,321 shares. Royal Commercial Bank Of Canada stated it has 0% in Sotheby's (NYSE:BID). Plante Moran Financial Ltd Liability Co owns 0% invested in Sotheby's (NYSE:BID) for 28 shares. Northern Tru reported 648,567 shares. Balyasny Asset Management Limited Liability holds 13,600 shares. 13D Management Limited Company holds 2.28% or 130,084 shares in its portfolio. Qs Invsts Ltd Liability Com stated it has 0.02% in Sotheby's (NYSE:BID). Bluecrest Cap Mgmt has invested 0.08% in Sotheby's (NYSE:BID). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 1,502 shares. Morgan Stanley holds 0% in Sotheby's (NYSE:BID) or 208,528 shares. Prudential Fin Incorporated holds 0.01% of its portfolio in Sotheby's (NYSE:BID) for 161,838 shares. Envestnet Asset Mgmt Inc accumulated 2,988 shares. Maverick Cap Limited invested 0.04% in Sotheby's (NYSE:BID). Teachers Retirement System Of The State Of Kentucky reported 7,870 shares.

Analysts expect Sotheby's (NYSE:BID) to report $1.34 EPS on February, 26.They anticipate $0.01 EPS change or 0.74 % from last quarter’s $1.35 EPS. BID’s profit would be $70.36 million giving it 8.63 P/E if the $1.34 EPS is correct. After having $-0.45 EPS previously, Sotheby's’s analysts see -397.78 % EPS growth. The stock decreased 0.37% or $0.17 during the last trading session, reaching $46.26. About 351,986 shares traded or 4.58% up from the average. Sotheby's (NYSE:BID) has risen 78.16% since February 14, 2017 and is uptrending. It has outperformed by 61.46% the S&P500.

Sotheby's (NYSE:BID) Ratings Coverage

Among 10 analysts covering Sotheby’s (NYSE:BID), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Sotheby’s had 17 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Sotheby's (NYSE:BID) has “Hold” rating given on Thursday, February 11 by Sitfel. The stock of Sotheby's (NYSE:BID) has “Hold” rating given on Thursday, April 14 by Standpoint Research. The company was maintained on Tuesday, November 10 by Stifel Nicolaus. The firm has “Outperform” rating by Cowen & Co given on Friday, December 16. The stock has “Hold” rating by TheStreet on Tuesday, July 28. The firm has “Buy” rating given on Thursday, September 3 by Williams Capital Group. The rating was downgraded by Barrington Research to “Mkt Perform” on Friday, February 26. Cowen & Co maintained Sotheby's (NYSE:BID) on Thursday, September 28 with “Buy” rating. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, February 11. The firm earned “Buy” rating on Friday, December 18 by Stifel Nicolaus.

Sotheby's operates as an auctioneer of authenticated fine art, decorative art, jewelry, wine, and collectibles in the United States, the United Kingdom, China, France, Switzerland, and internationally. The company has market cap of $2.43 billion. The firm operates through two divisions, Agency and Finance. It has a 23.16 P/E ratio. The Agency segment accepts property on consignment; and matches buyers and sellers of authenticated fine art, decorative art, jewelry, wine, and collectibles through the auction or private sale process.

More notable recent Sotheby's (NYSE:BID) news were published by: Bloomberg.com which released: “How Sotheby’s Persuaded Clients to Sex Up Their Art” on February 13, 2018, also Techcrunch.com with their article: “Sotheby’s acquires Thread Genius to build its image recognition and …” published on January 25, 2018, Prnewswire.com published: “Perchwell Announces Partnership With Sotheby’s International Realty, Inc.” on February 13, 2018. More interesting news about Sotheby's (NYSE:BID) were released by: Bloomberg.com and their article: “Sotheby’s Battles NY Art Dealer Over Keith Haring Winning Bid” published on February 05, 2018 as well as Barrons.com‘s news article titled: “Sotheby’s Buys Online Antique and Vintage Furniture Retailer Viyet” with publication date: February 13, 2018.

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