New Gold, Inc. (NYSEMKT:NGD) reported the earnings of $0.03/Share in the last quarter where the estimated EPS by analysts was $0.02/share. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 50%.
Many analysts are providing their Estimated Earnings analysis for New Gold, Inc. and for the current quarter 12 analysts have projected that the stock could give an Average Earnings estimate of $0.02/share. These analysts have also projected a Low Estimate of $-0.01/share and a High Estimate of $0.04/share.
In case of Revenue Estimates, 4 analysts have provided their consensus Average Revenue Estimates for New Gold, Inc. as 170.32 Million. According to these analysts, the Low Revenue Estimate for New Gold, Inc. is 155.46 Million and the High Revenue Estimate is 191 Million. The company had Year Ago Sales of 199 Million.
Some buy side analysts are also providing their Analysis on New Gold, Inc., where 0 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 10 said it’s a HOLD, 0 reported it as Underperform and 1 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. 15 Analysts reported that the Price Target for New Gold, Inc. might touch $6.52 high while the Average Price Target and Low price Target is $5.19 and $3.73 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. New Gold, Inc. got Upgrade on 16-Sep-16 where investment firm Desjardins Upgrade the stock from Hold to Buy.
New Gold, Inc. closed its last trading session at $3.69 with the loss of -2.98%. The Market Capitalization of the company stands at 1.83 Billion. The Company has 52-week high of $6.04 and 52-week low of $1.76. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -8.22% where SMA50 and SMA200 are -11.79% and -16.82% respectively. The Company Touched its 52-Week High on Aug 10, 2016 and 52-Week Low on Jan 20, 2016.
The Relative Volume of the company is 0.75 and Average Volume (3 months) is 5.58 million. New Gold, Inc. P/E (price to earnings) ratio is 137.69 and Forward P/E ratio of 29.11.
The company shows its Return on Assets (ROA) value of 1.3%. The Return on Equity (ROE) value stands at 2.3%. While it’s Return on Investment (ROI) value is -2.8%.
While looking at the Stock’s Performance, New Gold, Inc. currently shows a Weekly Performance of -7.73%, where Monthly Performance is -9.6%, Quarterly performance is -25.26%, 6 Months performance is -4.28% and yearly performance percentage is 51.69%. Year to Date performance value (YTD perf) value is 54.31%. The Stock currently has a Weekly Volatility of 4.12% and Monthly Volatility of 5.99%.