Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $36.13 in the prior trading day, Eldorado Gold Corp (NYSE: EGO) closed at $35.92, down -0.58%. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 1.24 million shares were traded. EGO stock price reached its highest trading level at $36.6671 during the session, while it also had its lowest trading level at $35.92.
Ratios:
Our goal is to gain a better understanding of EGO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.79. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.31.
Upgrades & Downgrades
In the most recent recommendation for the company, RBC Capital Mkts on May 29, 2024, Upgraded its rating to Outperform and sets its target price to $20 from $14 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EGO now has a Market Capitalization of 7252613120 and an Enterprise Value of 7431384576. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.92, and their Forward P/E ratio for the next fiscal year is 7.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 4.43 whereas that against EBITDA is 8.065.
Stock Price History:
The Beta on a monthly basis for EGO is 0.55, which has changed by 1.3129427 over the last 52 weeks, in comparison to a change of 0.15196204 over the same period for the S&P500. Over the past 52 weeks, EGO has reached a high of $37.59, while it has fallen to a 52-week low of $13.29. The 50-Day Moving Average of the stock is 18.88%, while the 200-Day Moving Average is calculated to be 49.95%.
Shares Statistics:
The stock has traded on average 1.94M shares per day over the past 3-months and 1490000 shares per day over the last 10 days, according to various share statistics. A total of 200.80M shares are outstanding, with a floating share count of 199.42M. Insiders hold about 0.54% of the company’s shares, while institutions hold 73.30% stake in the company. Shares short for EGO as of 1765756800 were 5452533 with a Short Ratio of 3.23, compared to 1763078400 on 6306679.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.85.. The current Payout Ratio is 0.00% for EGO, which recently paid a dividend on 2017-03-03 with an ex-dividend date of 2017-03-03. Stock splits for the company last occurred on 2018-12-31 when the company split stock in a 1:5 ratio.
Earnings Estimates
As of right now, 5.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $1.01, with high estimates of $1.05 and low estimates of $0.97.
Analysts are recommending an EPS of between $1.83 and $1.54 for the fiscal current year, implying an average EPS of $1.66. EPS for the following year is $4.71, with 10.0 analysts recommending between $6.15 and $3.02.
Revenue Estimates
1 analysts predict $519.08M in revenue for. The current quarter. It ranges from a high estimate of $519.08M to a low estimate of $519.08M. As of. The current estimate, Eldorado Gold Corp’s year-ago sales were $435.7M
A total of 5 analysts have provided revenue estimates for EGO’s current fiscal year. The highest revenue estimate was $1.76B, while the lowest revenue estimate was $1.66B, resulting in an average revenue estimate of $1.73B. In the same quarter a year ago, actual revenue was $1.32BBased on 4 analysts’ estimates, the company’s revenue will be $3.03B in the next fiscal year. The high estimate is $3.27B and the low estimate is $2.83B.
