Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Newmont Corp (NYSE: NEM) closed at $54.07 up 0.24% from its previous closing price of $53.94. In other words, the price has increased by $0.24 from its previous closing price. On the day, 9.37 million shares were traded. NEM stock price reached its highest trading level at $54.12 during the session, while it also had its lowest trading level at $53.1.
Ratios:
For a deeper understanding of Newmont Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.25.
On January 13, 2025, Goldman started tracking the stock assigning a Buy rating and target price of $47.20.Goldman initiated its Buy rating on January 13, 2025, with a $47.20 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 01 ’25 when Brook Bruce R sold 2,077 shares for $48.46 per share. The transaction valued at 100,651 led to the insider holds 45,839 shares of the business.
Toth Peter sold 3,000 shares of NEM for $145,380 on Apr 01 ’25. The EVP, Chief Sustain & Dev Off now owns 83,526 shares after completing the transaction at $48.46 per share. On Apr 01 ’25, another insider, Toth Peter, who serves as the Officer of the company, bought 3,000 shares for $48.46 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 62143188992 and an Enterprise Value of 63632744448. As of this moment, Newmont’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.14, and their Forward P/E ratio for the next fiscal year is 11.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.09 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 3.235 whereas that against EBITDA is 6.456.
Stock Price History:
The Beta on a monthly basis for NEM is 0.31, which has changed by 0.33046257 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. Over the past 52 weeks, NEM has reached a high of $58.72, while it has fallen to a 52-week low of $36.86. The 50-Day Moving Average of the stock is 12.92%, while the 200-Day Moving Average is calculated to be 14.96%.
Shares Statistics:
For the past three months, NEM has traded an average of 12.92M shares per day and 15339640 over the past ten days. A total of 1.13B shares are outstanding, with a floating share count of 1.13B. Insiders hold about 0.11% of the company’s shares, while institutions hold 73.75% stake in the company. Shares short for NEM as of 1744675200 were 23639106 with a Short Ratio of 1.83, compared to 1741910400 on 21645801. Therefore, it implies a Short% of Shares Outstanding of 23639106 and a Short% of Float of 2.76.
Dividends & Splits
According to the company, the forward annual dividend rate for NEM is 1.00, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.018539118The stock’s 5-year Average Dividend Yield is 3.21. The current Payout Ratio is 35.00% for NEM, which recently paid a dividend on 2025-03-04 with an ex-dividend date of 1748304000. Stock splits for the company last occurred on 1994-04-22 when the company split stock in a 5:4 ratio.
Earnings Estimates
Newmont Corp (NEM) is currently under the scrutiny of 8.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.99, with high estimates of $1.21 and low estimates of $0.83.
Analysts are recommending an EPS of between $4.91 and $3.58 for the fiscal current year, implying an average EPS of $4.33. EPS for the following year is $4.42, with 16.0 analysts recommending between $6.17 and $2.71.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $4.76B this quarter.It ranges from a high estimate of $5.06B to a low estimate of $4.41B. As of the current estimate, Newmont Corp’s year-ago sales were $4.4BFor the next quarter, 7 analysts are estimating revenue of $4.81B. There is a high estimate of $5.19B for the next quarter, whereas the lowest estimate is $4.64B.
A total of 12 analysts have provided revenue estimates for NEM’s current fiscal year. The highest revenue estimate was $20.68B, while the lowest revenue estimate was $18.48B, resulting in an average revenue estimate of $19.53B. In the same quarter a year ago, actual revenue was $18.68BBased on 12 analysts’ estimates, the company’s revenue will be $19.45B in the next fiscal year. The high estimate is $21.53B and the low estimate is $16.47B.
