What Is the Institutional Brokers Estimate System (IBES)?
Contents
Unlocking the Power of IBES: A Comprehensive Guide
Exploring IBES: The Institutional Brokers Estimate System
The Institutional Brokers Estimate System (IBES), often abbreviated as I/B/E/S, is a vital database utilized by brokers and active investors to access estimates made by stock analysts regarding the future earnings of publicly traded American companies.
Delving into IBES: Understanding its Functionality
IBES acts as a centralized repository for current analyst estimates and company guidance for over 22,000 public companies. It provides a comprehensive overview of financial data, aiding decision-making processes for investors and analysts alike. Historical data within IBES dates back to its inception in 1976, offering valuable insights for long-term analysis.
Key Highlights of IBES: Insights into its Features
This database aggregates financial data from analysts and brokers worldwide, encompassing estimates on revenue, earnings per share, price targets, net debt, and more. Users can access detailed projections and recommendations on whether to buy, hold, or sell shares, helping them make informed investment decisions.
Utilizing IBES: Practical Applications
IBES serves as a fundamental tool for creating forecast models, conducting accounting research, and evaluating expectations for companies. Its versatility allows users to analyze data by year, fiscal quarter, and other relevant timeframes, enabling a deeper understanding of a company's performance.
IBES Spinoffs: Expanding the Reach
Thomson Reuters, the owner of IBES, offers additional databases derived from IBES data, catering to academic research and investment analysis. These spinoff databases, such as IBES guidance data and historical databases, provide valuable resources for academics and investors alike.