Agnico Eagle Mines (AEM) shut at $51.95 in the most up to date trading session, noting a -0.76% relocation from the previous day. This modification delayed the S&P 500’s everyday gain of 1.45%. Somewhere else, the Dow acquired 2.12%, while the tech-heavy Nasdaq included 5.41%.
Entering today, shares of the gold mining business had actually shed 13.33% in the previous month. Because very same time, the Basic Products field shed 5.72%, while the S&P 500 acquired 1.53%.
Wall surface Road will certainly be searching for positivity from Agnico Eagle Mines as it approaches its following revenues record day. Because record, experts anticipate Agnico Eagle Mines to publish revenues of $0.47 per share. This would certainly note a year-over-year decrease of 37.33%. Our latest agreement price quote is asking for quarterly earnings of $1.42 billion, down 9.92% from the year-ago duration.
Taking a look at the complete year, our Zacks Agreement Quotes recommend experts are anticipating revenues of $2.16 per share and also earnings of $6.33 billion. These total amounts would certainly note adjustments of -6.09% and also +10.34%, specifically, from in 2015.
Capitalists ought to additionally keep in mind any kind of current adjustments to expert quotes for Agnico Eagle Mines. Current modifications often tend to mirror the most up to date near-term service patterns. Because of this, favorable price quote modifications mirror expert positive outlook regarding the business’s service and also earnings.
Based upon our study, our team believe these price quote modifications are straight pertaining to near-team supply actions. To take advantage of this, we have actually established the Zacks Ranking, an exclusive design which takes these price quote become account and also supplies a workable ranking system.
Varying from # 1 (Solid Buy) to # 5 (Solid Offer), the Zacks Ranking system has a tried and tested, outside-audited record of outperformance, with # 1 supplies returning approximately +25% every year given that 1988. The Zacks Agreement EPS price quote has actually relocated 5.02% reduced within the previous month. Agnico Eagle Mines is presently a Zacks Ranking # 3 (Hold).
Going into assessment, Agnico Eagle Mines presently has an Ahead P/E proportion of 24.22. This stands for a no recognizable variance contrasted to its market’s typical Onward P/E of 24.22.
Capitalists ought to additionally keep in mind that AEM has a PEG proportion of 24.22 today. This statistics is made use of in a similar way to the well-known P/E proportion, yet the PEG proportion additionally takes into consideration the supply’s anticipated revenues development price. The Mining – Gold market presently had a typical PEG proportion of 5.29 since the other day’s close.
The Mining – Gold market becomes part of the Basic Products field. This market presently has a Zacks Sector Ranking of 75, which places it in the leading 30% of all 250+ markets.
The Zacks Sector Ranking assesses the toughness of our market teams by gauging the typical Zacks Ranking of the specific supplies within the teams. Our study reveals that the leading 50% ranked markets exceed the lower fifty percent by a variable of 2 to 1.
You can discover even more details on every one of these metrics, and also far more, on Zacks.com.
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Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report
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