Is First Majestic Silver Corporation (NYSE:AG) an excellent stock to buy at the moment?

First Majestic Silver Corporation (NYSE: AG) closed the day trading at $5.32 down -0.56% from the previous closing price of $5.35. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 6783274 shares were traded.

Ratios:

For a better understanding of AG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.57. 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, AG now has a Market Capitalization of 1.54B and an Enterprise Value of 1.61B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 2.80 whereas that against EBITDA is -31.11.

Stock Price History:

Over the past 52 weeks, AG has reached a high of $8.07, while it has fallen to a 52-week low of $4.17. The 50-Day Moving Average of the stock is 4.89, while the 200-Day Moving Average is calculated to be 5.49.

Shares Statistics:

Over the past 3-months, AG traded about 7.35M shares per day on average, while over the past 10 days, AG traded about 8.28M shares per day. A total of 287.15M shares are outstanding, with a floating share count of 280.48M. Insiders hold about 2.35% of the company’s shares, while institutions hold 29.70% stake in the company. Shares short for AG as of Feb 29, 2024 were 20.35M with a Short Ratio of 2.77, compared to 18.57M on Jan 31, 2024.

Dividends & Splits

AG’s forward annual dividend rate is 0.02, up from 0.02 a year ago. Against a Trailing Annual Dividend Yield of 0.37%, it implies a Forward Annual Dividend Yield of 0.36%.

Earnings Estimates

Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.06, while EPS last year was $0. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.04 and low estimates of -$0.05.

Analysts are recommending an EPS of between $0.14 and -$0.16 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is $0.18, with 4 analysts recommending between $0.4 and $0.

Revenue Estimates

A total of 4 analysts have provided revenue estimates for AG’s current fiscal year. The highest revenue estimate was $479M, while the lowest revenue estimate was $448.68M, resulting in an average revenue estimate of $470.64M. In the same quarter a year ago, actual revenue was $573.8M, down -18.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $467.95M in the next fiscal year. The high estimate is $601M and the low estimate is $251.12M. The average revenue growth estimate for next year is down -0.60% from the average revenue estimate for this year.

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