I recommend waiting for a better discount before investing in Eldorado Gold Corp. (EGO).

As of close of business last night, Eldorado Gold Corp.’s stock clocked out at $12.30, up 1.15% from its previous closing price of $12.16. In other words, the price has increased by $+0.14 from its previous closing price. On the day, 1200369 shares were traded. EGO stock price reached its highest trading level at $12.36 during the session, while it also had its lowest trading level at $12.03.

Ratios:

To gain a deeper understanding of EGO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 3.39. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.

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 2.48B and an Enterprise Value of 2.60B. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.93, and their Forward P/E ratio for the next fiscal year is 15.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 2.57 whereas that against EBITDA is 5.47.

Stock Price History:

Over the past 52 weeks, EGO has reached a high of $13.71, while it has fallen to a 52-week low of $8.30. The 50-Day Moving Average of the stock is 11.97, while the 200-Day Moving Average is calculated to be 10.72.

Shares Statistics:

It appears that EGO traded 1.66M shares on average per day over the past three months and 2.35M shares per day over the past ten days. A total of 203.14M shares are outstanding, with a floating share count of 201.34M. Insiders hold about 0.89% of the company’s shares, while institutions hold 76.10% stake in the company. Shares short for EGO as of Feb 15, 2024 were 4.73M with a Short Ratio of 2.84, compared to 3.99M on Jan 12, 2024.

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 Dec 31, 2018 with an ex-dividend date of Mar 03, 2017. Stock splits for the company last occurred on Dec 31, 2018 when the company split stock in a 1:5 ratio.

Earnings Estimates

As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.09, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.12, with high estimates of $0.14 and low estimates of $0.09.

Analysts are recommending an EPS of between $1.02 and $0.35 for the fiscal current year, implying an average EPS of $0.67. EPS for the following year is $0.79, with 9 analysts recommending between $1.28 and $0.53.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $289.2M. It ranges from a high estimate of $298M to a low estimate of $280.41M. As of the current estimate, Eldorado Gold Corp.’s year-ago sales were $232.63M, an estimated increase of 24.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $280.61M, an increase of 6.40% less than the figure of $24.30% in the same quarter last year. There is a high estimate of $280.61M for the next quarter, whereas the lowest estimate is $280.61M.

A total of 8 analysts have provided revenue estimates for EGO’s current fiscal year. The highest revenue estimate was $1.21B, while the lowest revenue estimate was $1.09B, resulting in an average revenue estimate of $1.16B. In the same quarter a year ago, actual revenue was $1.01B, up 14.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.26B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.15B. The average revenue growth estimate for next year is up 8.50% from the average revenue estimate for this year.

Most Popular

[the_ad id="945"]