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Following is a list of 9 large cap companies for which sell side consensus EPS expectations for the current quarter have increased by over 10% in the last month with at least two sell side analysts increasing their estimates.

Tkr

Company Name

Consensus EPS Current Qtr 1m %ch (%)

No. of analyst increasing their estimates

M

MACY'S INC

14.9

8

MU

MICRON TECH

34.92

11

LTD

LIMITED BRANDS

11.79

14

DFS

DISCOVER FINANCI

25.11

15

PGR

PROGRESSIVE OHIO

11.61

13

MUR

MURPHY OIL CP

13.76

9

PPG

PPG INDS

16.64

9

STO

STATOIL ASA

16.28

2

RDS.A

ROYAL DUTCH SHEL

16.92

2

Here are some of the specifics about these companies, including a brief description of their business, growth rates (topline and bottomline) and Valuation:

Macy’s, Inc. (NYSE:M) is a retail organization operating retail stores and Internet Websites under two brands (Macy’s and Bloomingdale’s) that sell a range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods. Its EPS forecast for the current year is 2.33 and next year is 2.58. According to the consensus estimates, its topline is expected to grow 3.36% current year and 2.65% next year. It is trading at a forward P/E of 9.61. Out of 17 analysts covering the company, 10 are positive and have buy recommendations and 7 have hold ratings.

Micron Technology, Inc. (NASDAQ:MU) is a manufacturer and marketer of semiconductor devices, principally dynamic random access memory (DRAM), Nandi Flash memory (NAND Flash and NOR Flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Its EPS forecast for the current year is 0.58 and next year is 1.23. According to the consensus estimates, its topline is expected to grow 10.59% current year and 13.57% next year. It is trading at a forward P/E of 9.03. Out of 24 analysts covering the company, 16 are positive and have buy recommendations, 2 have sell recommendations and 6 have hold ratings.

Limited Brands, Inc. (LTD) is a specialty retailer of women’s intimate and other apparel, beauty and personal care products and accessories under various trade names. Its EPS forecast for the current year is 2.36 and next year is 2.68. According to the consensus estimates, its topline is expected to grow 6.76% current year and 4.39% next year. It is trading at a forward P/E of 13.89. Out of 19 analysts covering the company, 10 are positive and have buy recommendations, 1 has a sell recommendation and 8 have hold ratings.

Discover Financial Services (NYSE:DFS) is a direct banking and payment services company. Its EPS forecast for the current year is 2.67 and next year is 2.49. According to the consensus estimates, its topline is expected to grow 2.66% current year and 2.73% next year. It is trading at a forward P/E of 9.58. Out of 19 analysts covering the company, 9 are positive and have buy recommendations and 10 have hold ratings.

The Progressive Corporation (NYSE:PGR) is an insurance holding company. Through its insurance subsidiaries and affiliate, it provides personal and commercial automobile insurance and other specialty property-casualty insurance and related services. Its EPS forecast for the current year is 1.58 and next year is 1.67. According to the consensus estimates, its topline is expected to grow 6.39% current year and 4.09% next year. It is trading at a forward P/E of 12.71. Out of 22 analysts covering the company, 9 are positive and have buy recommendations and 13 have hold ratings.

Murphy Oil Corporation (NYSE:MUR) is an oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom. Its EPS forecast for the current year is 6.38 and next year is 7.73. According to the consensus estimates, its topline is expected to grow 11.57% current year and 8.93% next year. It is trading at a forward P/E of 9.96. Out of 17 analysts covering the company, 4 are positive and have buy recommendations, 3 have sell recommendations and 10 have hold ratings.

PPG Industries, Inc. (NYSE:PPG) is a producer and supplier of protective and decorative coatings, optical and speciality materials, commodity chemicals, and glass. Its EPS forecast for the current year is 6.34 and next year is 6.93. According to the consensus estimates, its topline is expected to grow 7.33% current year and 4.88% next year. It is trading at a forward P/E of 13.75. Out of 14 analysts covering the company, 4 are positive and have buy recommendations, 1 has a sell recommendation and 9 have hold ratings.

Statoil ASA (NYSE:STO), formerly StatoilHydro ASA is an integrated energy company based in Norway with locations in approximately 40 other countries worldwide. Its EPS forecast for the current year is 3.04 and next year is 3.49. According to the consensus estimates, its topline is expected to grow 68.36% current year and decline 5.68% next year. It is trading at a forward P/E of 8.47. Out of 4 analysts covering the company, 1 is positive and has a buy recommendation and 3 have hold ratings.

Royal Dutch Shell plc (NYSE:RDS.A) is an independent oil and gas company. Shell is engaged worldwide in aspects of the oil and gas industry and also has interests in chemicals and other energy-related businesses. The Company operates in three segments: Upstream, Downstream and Corporate. Its EPS forecast for the current year is 7.75 and next year is 9.33. According to the consensus estimates, its topline is expected to grow 6.99% current year and 2.76% next year. It is trading at a forward P/E of 8.04.

Source: 9 Large Caps With Upward Consensus EPS Expectations