Financial Metrics Unveiled: Newmont Corp (NEM)’s Key Ratios in the Spotlight

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The price of Newmont Corp (NYSE: NEM) closed at $48.36 in the last session, down -0.12% from day before closing price of $48.42. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 14.69 million shares were traded. NEM stock price reached its highest trading level at $48.865 during the session, while it also had its lowest trading level at $48.06.

Ratios:

We take a closer look at NEM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 01 ’24 when Toth Peter sold 3,000 shares for $53.81 per share. The transaction valued at 161,430 led to the insider holds 91,596 shares of the business.

Palmer Thomas Ronald sold 20,000 shares of NEM for $1,076,200 on Oct 01 ’24. The President & CEO now owns 271,469 shares after completing the transaction at $53.81 per share. On Oct 01 ’24, another insider, Palmer Thomas Ronald, who serves as the Officer of the company, bought 20,000 shares for $53.81 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEM now has a Market Capitalization of 66252718080 and an Enterprise Value of 61279465472. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 3.607 whereas that against EBITDA is 10.198.

Stock Price History:

Over the past 52 weeks, NEM has reached a high of $58.72, while it has fallen to a 52-week low of $29.42. The 50-Day Moving Average of the stock is -9.25%, while the 200-Day Moving Average is calculated to be 12.15%.

Shares Statistics:

According to the various share statistics, NEM traded on average about 8.23M shares per day over the past 3-months and 13342970 shares per day over the past 10 days. A total of 1.15B shares are outstanding, with a floating share count of 1.14B. Insiders hold about 0.12% of the company’s shares, while institutions hold 73.19% stake in the company. Shares short for NEM as of 1728950400 were 18292344 with a Short Ratio of 2.22, compared to 1726185600 on 21144906. Therefore, it implies a Short% of Shares Outstanding of 18292344 and a Short% of Float of 2.0399998999999998.

Dividends & Splits

The forward annual dividend rate for NEM is 1.15, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.020652624The stock’s 5-year Average Dividend Yield is 3.1.

Earnings Estimates

A detailed examination of Newmont Corp (NEM) is currently in progress, with 11.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $1.0, with high estimates of $1.36 and low estimates of $0.72.

Analysts are recommending an EPS of between $3.36 and $2.94 for the fiscal current year, implying an average EPS of $3.15. EPS for the following year is $3.95, with 19.0 analysts recommending between $5.49 and $2.36.

Revenue Estimates

According to 5 analysts, the current quarter’s revenue is expected to be $5.14B. It ranges from a high estimate of $5.35B to a low estimate of $4.93B. As of the current estimate, Newmont Corp’s year-ago sales were $3.96BFor the next quarter, 5 analysts are estimating revenue of $5.07B. There is a high estimate of $5.43B for the next quarter, whereas the lowest estimate is $4.54B.

A total of 18 analysts have provided revenue estimates for NEM’s current fiscal year. The highest revenue estimate was $19.79B, while the lowest revenue estimate was $17.29B, resulting in an average revenue estimate of $18.19B. In the same quarter a year ago, actual revenue was $11.81BBased on 18 analysts’ estimates, the company’s revenue will be $19.33B in the next fiscal year. The high estimate is $22.41B and the low estimate is $16.13B.

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