Agnico Eagle Mines (AEM) ended the recent trading session at $169.57, demonstrating a +1.97% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.58%.
Shares of the gold mining company witnessed a gain of 8.86% over the previous month, beating the performance of the Basic Materials sector with its gain of 0.05%, and the S&P 500's gain of 3.68%.
The investment community will be paying close attention to the earnings performance of Agnico Eagle Mines in its upcoming release. The company is slated to reveal its earnings on October 29, 2025. It is anticipated that the company will report an EPS of $1.71, marking a 50% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $2.73 billion, up 26.52% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.14 per share and a revenue of $10.84 billion, signifying shifts of +68.79% and +30.81%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Agnico Eagle Mines. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 2.94% rise in the Zacks Consensus EPS estimate. Right now, Agnico Eagle Mines possesses a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Agnico Eagle Mines is currently trading at a Forward P/E ratio of 23.29. This denotes a premium relative to the industry average Forward P/E of 16.47.
One should further note that AEM currently holds a PEG ratio of 1.11. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Mining - Gold industry had an average PEG ratio of 0.81.
The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 48, putting it in the top 20% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Agnico Eagle Mines Limited (AEM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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