Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $11.34 in the prior trading day, Iamgold Corp (NYSE: IAG) closed at $11.97, up 5.56%. In other words, the price has increased by $5.56 from its previous closing price. On the day, 24.67 million shares were traded. IAG stock price reached its highest trading level at $12.0661 during the session, while it also had its lowest trading level at $11.25.
Ratios:
Our goal is to gain a better understanding of IAG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.34.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IAG now has a Market Capitalization of 6883353600 and an Enterprise Value of 7850753536. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.65, and their Forward P/E ratio for the next fiscal year is 9.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.45 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 3.992 whereas that against EBITDA is 10.155.
Stock Price History:
The Beta on a monthly basis for IAG is 1.21, which has changed by 1.1882999 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, IAG has reached a high of $11.58, while it has fallen to a 52-week low of $4.44. The 50-Day Moving Average of the stock is 39.41%, while the 200-Day Moving Average is calculated to be 73.07%.
Shares Statistics:
The stock has traded on average 13.23M shares per day over the past 3-months and 16671010 shares per day over the last 10 days, according to various share statistics. A total of 575.10M shares are outstanding, with a floating share count of 556.20M. Insiders hold about 3.29% of the company’s shares, while institutions hold 65.33% stake in the company. Shares short for IAG as of 1756425600 were 13543185 with a Short Ratio of 1.02, compared to 1753920000 on 13299557.
Earnings Estimates
At present, 5.0 analysts are actively evaluating the performance of Iamgold Corp (IAG) in the stock market.The consensus estimate for the next quarter is $0.34, with high estimates of $0.44 and low estimates of $0.18.
Analysts are recommending an EPS of between $1.04 and $0.57 for the fiscal current year, implying an average EPS of $0.83. EPS for the following year is $1.27, with 11.0 analysts recommending between $1.69 and $0.77.
Revenue Estimates
2 analysts predict $729.73M in revenue for the current quarter. It ranges from a high estimate of $759.45M to a low estimate of $700M. As of the current estimate, Iamgold Corp’s year-ago sales were $438.9MFor the next quarter, 2 analysts are estimating revenue of $872.14M. There is a high estimate of $872.14M for the next quarter, whereas the lowest estimate is $872.14M.
A total of 6 analysts have provided revenue estimates for IAG’s current fiscal year. The highest revenue estimate was $2.69B, while the lowest revenue estimate was $2.47B, resulting in an average revenue estimate of $2.58B. In the same quarter a year ago, actual revenue was $1.63BBased on 6 analysts’ estimates, the company’s revenue will be $3.02B in the next fiscal year. The high estimate is $3.16B and the low estimate is $2.87B.
