> ## Documentation Index
> Fetch the complete documentation index at: https://financecontext.com/llms.txt
> Use this file to discover all available pages before exploring further.

# /research-equity

> Generate a comprehensive equity research snapshot with consensus estimates, fundamentals, and price performance

## What is Equity Research?

Equity research is the systematic analysis of publicly traded companies to form an investment view. Professional equity research analysts at investment banks ("sell-side") and asset management firms ("buy-side") study company fundamentals, industry trends, management quality, and valuation to determine whether a stock is worth buying, holding, or selling.

A key input to equity research is **consensus estimates** -- the average of all sell-side analysts' forecasts for a company's earnings, revenue, and other metrics. Consensus is important because stock prices move based on results vs. expectations, not absolute performance. A company that beats consensus estimates typically sees its stock rise; one that misses typically falls, even if the actual results were objectively good.

## Command

```bash theme={null}
/research-equity <ticker e.g. AAPL> [period e.g. FY2024-FY2026]
```

Generates a comprehensive equity research snapshot combining IBES consensus estimates, historical financials, price performance, and macroeconomic context.

## Workflow

<Steps>
  <Step title="Gather Consensus">Calls `qa_ibes_consensus` for EPS, Revenue, EBITDA, and DPS estimates. Notes analyst count and dispersion.</Step>
  <Step title="Pull Fundamentals">Calls `qa_company_fundamentals` for 3-5 years of revenue growth, margins, leverage, and returns.</Step>
  <Step title="Assess Price Performance">Calls `qa_historical_equity_price` for 1Y history, YTD return, beta, and 52-week range.</Step>
  <Step title="Recent Price Detail">Calls `tscc_historical_pricing_summaries` for 3M daily data with volume trends and momentum.</Step>
  <Step title="Macro Context">Calls `qa_macroeconomic` for GDP, CPI, and policy rate. Summarizes whether macro is tailwind or headwind.</Step>
  <Step title="Synthesize">Presents consensus tables, financials summary, valuation metrics (forward P/E), and investment thesis.</Step>
</Steps>

## Output

Lead with 1-2 sentence investment thesis summary. Follow with consensus estimates table, financials, valuation metrics, price performance, and macro backdrop.

## Related Skill

See the [Equity Research skill](/en/partner-built/lseg/skills/equity-research) for domain knowledge on fundamental analysis and estimate interpretation.