Earnings Trend of the Stock: Newmont Mining Corp (NYSE:NEM)

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Newmont Mining Corp (NYSE:NEM):

The Company declined -1.23% and finished at $33.72. The daily volume was measured at 9.89 million. The 52-week high of the share price is $35.75 and the 52-week low is $15.39. The company has a market cap of $18.00 Billion. The stock has a P/E ratio of 179.96. Its latest closing price has a distance of 1.21% from SMA20 and is 12.08% up than SMA50. The stock currently has Price to Sales (P/S) value of 2.30 where Price to Book (P/B) value stands at 1.58. The company is currently showing ROA (Return on Assets) value of 0.40% where ROE (Return on Equity) is 0.80%. Return on equity (ROE) measures the rate of return on the ownership interest (shareholders’ equity) of the common stock owners. It measures a firm’s efficiency at generating profits from every unit of shareholders’ equity (also known as net assets or assets minus liabilities).

By looking at Newmont Mining Corp (NYSE:NEM) YTD (year to date) performance, the stock shows Positive value of 87.67%. If the YTD value is Negative, it means that the stock is trading poorly. If the YTD value is Positive, this means the stock is appreciating.

The High price target of the company’s Share is at $41.50 based on the calculations and analysis of 17 brokers. According to the analysts, the company has the Low Price target of $26.00 whereas, the Mean Target is estimated by the brokers is $35.35.

For an overview on Recommendation Trends, 0 Analysts assigned the stock as Strong Buy. 0 said it’s a Buy, 0 assigned Hold rating where 0 stated the stock as Underperform and 0 marked the stock as Sell.

Most Recent Upgrades & Downgradesfor Newmont Mining Corp (NYSE:NEM) was initiated On May 11.2016 where Goldman “Upgraded” the stock from “Neutral” to “Buy”.

While Looking at the Analyst Estimates of the company, The Average Earnings Estimate for the Current Fiscal quarter is measured as $0.27 by 15.00 analysts. They are also projecting the Low EPS estimate as $0.17 as compared to the Higher EPS estimate of $0.37.

Now when we talk about Revenue Estimate for the current Fiscal Quarter, Average Revenue Estimate of Newmont Mining Corp (NYSE:NEM) is projected as $1.93 Billion where Low Revenue estimate and High Revenue Estimates are $1.86 Billion and $2.03 Billion respectively by 7 Analysts.

The EPS (Earnings per share) Trend for the current Quarter is estimated at $0.27 per share while the Trend for 7 days ago was $0.27. The EPS Trend for 30, 60 and 90 Days ago were $0.23, $0.17 and $0.13.

Newmont Mining Corp (NYSE:NEM)  Profile:

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, silver, and copper. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

 

 

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