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The price of Iamgold Corp. (NYSE: IAG) closed at $3.66 in the last session, up 3.39% from day before closing price of $3.54. In other words, the price has increased by $3.39 from its previous closing price. On the day, 14.33 million shares were traded. IAG stock price reached its highest trading level at $3.73 during the session, while it also had its lowest trading level at $3.575.
Ratios:
We take a closer look at IAG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on September 12, 2023, Upgraded its rating to Sector Perform and sets its target price to $2.75 from $1.75 previously.
On May 01, 2023, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $2 to $3.25.
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 1817680384 and an Enterprise Value of 2449676032. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.80, and their Forward P/E ratio for the next fiscal year is 11.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 2.482 whereas that against EBITDA is 27.837.
Stock Price History:
The Beta on a monthly basis for IAG is 1.69, which has changed by 0.24489796 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, IAG has reached a high of $3.92, while it has fallen to a 52-week low of $1.99. The 50-Day Moving Average of the stock is 21.89%, while the 200-Day Moving Average is calculated to be 42.17%.
Shares Statistics:
According to the various share statistics, IAG traded on average about 9.26M shares per day over the past 3-months and 14384480 shares per day over the past 10 days. A total of 493.60M shares are outstanding, with a floating share count of 492.29M. Insiders hold about 0.27% of the company’s shares, while institutions hold 53.23% stake in the company. Shares short for IAG as of 1711584000 were 8008469 with a Short Ratio of 0.86, compared to 1709164800 on 11426281.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.05.
Earnings Estimates
The current rating of Iamgold Corp. (IAG) is the result of assessments by 7 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.05 and a low estimate of -$0.05, while EPS last year was $0.02. The consensus estimate for the next quarter is $0.01, with high estimates of $0.05 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.41 and -$0.06 for the fiscal current year, implying an average EPS of $0.11. EPS for the following year is $0.32, with 10 analysts recommending between $0.5 and $0.03.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $267.16M. It ranges from a high estimate of $289.32M to a low estimate of $245M. As of the current estimate, Iamgold Corp.’s year-ago sales were $200.6M, an estimated increase of 33.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $405.14M, an increase of 69.70% over than the figure of $33.20% in the same quarter last year. There is a high estimate of $405.14M for the next quarter, whereas the lowest estimate is $405.14M.
A total of 8 analysts have provided revenue estimates for IAG’s current fiscal year. The highest revenue estimate was $1.55B, while the lowest revenue estimate was $1.21B, resulting in an average revenue estimate of $1.32B. In the same quarter a year ago, actual revenue was $987.1M, up 34.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.84B in the next fiscal year. The high estimate is $2.09B and the low estimate is $1.67B. The average revenue growth estimate for next year is up 39.20% from the average revenue estimate for this year.
