In the latest close session, Iamgold (IAG) was down 1.33% at $11.88. This change lagged the S&P 500's daily gain of 0.79%. Elsewhere, the Dow saw an upswing of 1.01%, while the tech-heavy Nasdaq appreciated by 1.15%.
The gold and niobium mining company's stock has climbed by 1.86% in the past month, exceeding the Basic Materials sector's loss of 2.89% and the S&P 500's gain of 1.27%.
The investment community will be paying close attention to the earnings performance of Iamgold in its upcoming release. The company is slated to reveal its earnings on November 4, 2025. The company is forecasted to report an EPS of $0.2, showcasing a 11.11% upward movement from the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.76 per share and revenue of $2.6 billion, which would represent changes of +38.18% and +59.22%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Iamgold. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.44% lower within the past month. Iamgold is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Iamgold currently has a Forward P/E ratio of 15.84. This represents a premium compared to its industry average Forward P/E of 15.5.
It is also worth noting that IAG currently has a PEG ratio of 0.43. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Mining - Gold industry was having an average PEG ratio of 0.55.
The Mining - Gold industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 28, finds itself in the top 12% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Iamgold Corporation (IAG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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