A correction may be in store for Agnico Eagle Mines Limited (NYSE:AEM) shares?

In other words, the price has increased by $0.00 from its previous closing price. On the day, 3151511 shares were traded. AEM stock price reached its highest trading level at $48.32 during the session, while it also had its lowest trading level at $47.15.

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To gain a deeper understanding of AEM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 454.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.

Upgrades & Downgrades

Valuation Measures:

As of this moment, Agnico’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.84, and their Forward P/E ratio for the next fiscal year is 23.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.79 while its Price-to-Book (P/B) ratio in mrq is 1.36.

Stock Price History:

Over the past 52 weeks, AEM has reached a high of $67.14, while it has fallen to a 52-week low of $36.69. The 50-Day Moving Average of the stock is 51.47, while the 200-Day Moving Average is calculated to be 47.34.

Shares Statistics:

It appears that AEM traded 2.91M shares on average per day over the past three months and 3.14M shares per day over the past ten days. A total of 456.27M shares are outstanding, with a floating share count of 454.93M. Insiders hold about 0.20% of the company’s shares, while institutions hold 78.10% stake in the company. Shares short for AEM as of Jan 30, 2023 were 12.3M with a Short Ratio of 24.58M, compared to 12.46M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.70% and a Short% of Float of 2.83%.

Dividends & Splits

With its trailing 12-month dividend rate of 1.10, AEM has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 2.28%, it implies a Forward Annual Dividend Yield of 3.10%. The stock’s 5-year Average Dividend Yield is 1.72.

Earnings Estimates

As of right now, 9 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.42 for the current quarter, with a high estimate of $0.45 and a low estimate of $0.39, while EPS last year was $0.46. The consensus estimate for the next quarter is $0.56, with high estimates of $0.85 and low estimates of $0.41.

Analysts are recommending an EPS of between $2.5 and $1.42 for the fiscal current year, implying an average EPS of $2.12. EPS for the following year is $2.22, with 17 analysts recommending between $2.81 and $1.73.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $1.42B. It ranges from a high estimate of $1.44B to a low estimate of $1.4B. As of the current estimate, Agnico Eagle Mines Limited’s year-ago sales were $949.1M, an estimated increase of 49.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.64B, an increase of 23.60% less than the figure of $49.80% in the same quarter last year. There is a high estimate of $1.72B for the next quarter, whereas the lowest estimate is $1.56B.

A total of 14 analysts have provided revenue estimates for AEM’s current fiscal year. The highest revenue estimate was $5.96B, while the lowest revenue estimate was $5.74B, resulting in an average revenue estimate of $5.83B. In the same quarter a year ago, actual revenue was $3.82B, up 52.40% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $6.21B in the next fiscal year. The high estimate is $6.62B and the low estimate is $5.57B. The average revenue growth estimate for next year is up 6.60% from the average revenue estimate for this year.