Barrick Gold Corporation (NYSE:ABX) reported the earnings of $0.24/Share in the last quarter where the estimated EPS by analysts was $0.21/share. The difference between the expected and actual EPS was $0.03/share, which represents an Earnings surprise of 14.3%.
Many analysts are providing their Estimated Earnings analysis for Barrick Gold Corporation and for the current quarter 17 analysts have projected that the stock could give an Average Earnings estimate of $0.22/share. These analysts have also projected a Low Estimate of $0.15/share and a High Estimate of $0.27/share.
In case of Revenue Estimates, 7 analysts have provided their consensus Average Revenue Estimates for Barrick Gold Corporation as 2.23 Billion. According to these analysts, the Low Revenue Estimate for Barrick Gold Corporation is 1.94 Billion and the High Revenue Estimate is 2.48 Billion. The company had Year Ago Sales of 2.24 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for ABX to be 175%. They are projecting Next Quarter growth of 109.1%. For the next 5 years, Barrick Gold Corporation is expecting Growth of 39.28% per annum, whereas in the past 5 years the growth was -45.84% per annum.
Some buy side analysts are also providing their Analysis on Barrick Gold Corporation, where 4 analysts have rated the stock as Strong buy, 9 analysts have given a Buy signal, 11 said it’s a HOLD, 2 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 25 Analysts reported that the Price Target for Barrick Gold Corporation might touch $27.81 high while the Average Price Target and Low price Target is $21.93 and $13 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Barrick Gold Corporation got Upgrade on 3-Oct-16 where investment firm Deutsche Bank Upgrade the stock from Hold to Buy.
Barrick Gold Corporation closed its last trading session at $15.4 with the gain of 0.26%. The Market Capitalization of the company stands at 17.99 Billion. The Company has 52-week high of $23.47 and 52-week low of $6.94. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -4.89% where SMA50 and SMA200 are -6.9% and -11.65% respectively. The Company Touched its 52-Week High on Jul 6, 2016 and 52-Week Low on Dec 17, 2015.
The Relative Volume of the company is 0.85 and Average Volume (3 months) is 17.61 million. Barrick Gold Corporation P/E (price to earnings) ratio is 0 and Forward P/E ratio of 15.58.
The company shows its Return on Assets (ROA) value of -9.3%. The Return on Equity (ROE) value stands at -32.8%. While it’s Return on Investment (ROI) value is -13.5%.
While looking at the Stock’s Performance, Barrick Gold Corporation currently shows a Weekly Performance of 0.46%, where Monthly Performance is -9.48%, Quarterly performance is -11.25%, 6 Months performance is -8.41% and yearly performance percentage is 111.43%. Year to Date performance value (YTD perf) value is 110.29%. The Stock currently has a Weekly Volatility of 3.42% and Monthly Volatility of 4.75%.