Market Momentum: Kinross Gold Corp (KGC) Registers a 0.18 Increase, Closing at 11.29

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

Kinross Gold Corp (NYSE: KGC) closed the day trading at $11.29 up 0.18% from the previous closing price of $11.27. In other words, the price has increased by $0.18 from its previous closing price. On the day, 31.99 million shares were traded.

Ratios:

For a better understanding of KGC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18. BofA Securities Downgraded its Buy to Underperform on April 05, 2023, while the target price for the stock was maintained at $4.70.

Valuation Measures:

As of this moment, Kinross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.68, and their Forward P/E ratio for the next fiscal year is 13.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 38.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 2.02.

Stock Price History:

Over the past 52 weeks, KGC has reached a high of $12.28, while it has fallen to a 52-week low of $4.75. The 50-Day Moving Average of the stock is 8.31%, while the 200-Day Moving Average is calculated to be 21.57%.

Shares Statistics:

A total of 1.23B shares are outstanding, with a floating share count of 1.22B. Insiders hold about 0.66% of the company’s shares, while institutions hold 64.15% stake in the company.

Earnings Estimates

The stock of Kinross Gold Corp (KGC) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.2, with high estimates of $0.26 and low estimates of $0.16.

Analysts are recommending an EPS of between $0.94 and $0.63 for the fiscal current year, implying an average EPS of $0.78. EPS for the following year is $0.85, with 11.0 analysts recommending between $1.13 and $0.42.

Revenue Estimates

1 analysts predict $1.25B in revenue for the current quarter. It ranges from a high estimate of $1.25B to a low estimate of $1.25B. As of the current estimate, Kinross Gold Corp’s year-ago sales were $1.08BFor the next quarter, 1 analysts are estimating revenue of $1.38B. There is a high estimate of $1.38B for the next quarter, whereas the lowest estimate is $1.38B.

A total of 9 analysts have provided revenue estimates for KGC’s current fiscal year. The highest revenue estimate was $5.68B, while the lowest revenue estimate was $4.99B, resulting in an average revenue estimate of $5.48B. In the same quarter a year ago, actual revenue was $5.15BBased on 9 analysts’ estimates, the company’s revenue will be $5.46B in the next fiscal year. The high estimate is $5.98B and the low estimate is $4.29B.

Most Popular