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In the latest session, Iamgold Corp. (NYSE: IAG) closed at $4.94 down -4.26% from its previous closing price of $5.16. In other words, the price has decreased by -$4.26 from its previous closing price. On the day, 6.0 million shares were traded. IAG stock price reached its highest trading level at $5.1 during the session, while it also had its lowest trading level at $4.88.
Ratios:
For a deeper understanding of Iamgold Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.35.
On September 12, 2023, RBC Capital Mkts Upgraded its rating to Sector Perform which previously was Underperform and also upped its target price recommendation from $1.75 to $2.75.
BMO Capital Markets Upgraded its Market Perform to Outperform on May 01, 2023, whereas the target price for the stock was revised from $2 to $3.25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IAG now has a Market Capitalization of 2832630528 and an Enterprise Value of 3303382016. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.82, and their Forward P/E ratio for the next fiscal year is 7.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 2.651 whereas that against EBITDA is 11.052.
Stock Price History:
Over the past 52 weeks, IAG has reached a high of $5.31, while it has fallen to a 52-week low of $1.99. The 50-Day Moving Average of the stock is 17.78%, while the 200-Day Moving Average is calculated to be 48.76%.
Shares Statistics:
For the past three months, IAG has traded an average of 9.34M shares per day and 9016740 over the past ten days. A total of 497.28M shares are outstanding, with a floating share count of 495.93M. Insiders hold about 0.27% of the company’s shares, while institutions hold 71.04% stake in the company. Shares short for IAG as of 1723680000 were 5417472 with a Short Ratio of 0.58, compared to 1721001600 on 3786120.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.05.
Earnings Estimates
The current rating of Iamgold Corp. (IAG) reflects the combined expertise of 4.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.09, with high estimates of $0.17 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.57 and $0.27 for the fiscal current year, implying an average EPS of $0.46. EPS for the following year is $0.73, with 7.0 analysts recommending between $0.91 and $0.47.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $351.86M this quarter.It ranges from a high estimate of $351.86M to a low estimate of $351.86M. As of the current estimate, Iamgold Corp.’s year-ago sales were $233.75MFor the next quarter, 1 analysts are estimating revenue of $509.75M. There is a high estimate of $509.75M for the next quarter, whereas the lowest estimate is $509.75M.
A total of 4 analysts have provided revenue estimates for IAG’s current fiscal year. The highest revenue estimate was $1.61B, while the lowest revenue estimate was $1.58B, resulting in an average revenue estimate of $1.6B. In the same quarter a year ago, actual revenue was $987.1MBased on 4 analysts’ estimates, the company’s revenue will be $2.23B in the next fiscal year. The high estimate is $2.67B and the low estimate is $2B.
