In the latest trading session, Iamgold (IAG) closed at $19.20, marking a -1.84% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.51%. At the same time, the Dow added 0.53%, and the tech-heavy Nasdaq lost 1.51%.
The stock of gold and niobium mining company has risen by 16.22% in the past month, leading the Basic Materials sector's gain of 16.13% and the S&P 500's gain of 0.93%.
The investment community will be closely monitoring the performance of Iamgold in its forthcoming earnings report. The company is scheduled to release its earnings on February 17, 2026. The company's upcoming EPS is projected at $0.53, signifying a 430.00% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.03 per share and revenue of $0 million, which would represent changes of +87.27% and 0%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Iamgold. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 15.8% higher within the past month. As of now, Iamgold holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Iamgold has a Forward P/E ratio of 10.43 right now. This denotes a discount relative to the industry average Forward P/E of 12.48.
We can additionally observe that IAG currently boasts a PEG ratio of 0.26. 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. The Mining - Gold was holding an average PEG ratio of 0.4 at yesterday's closing price.
The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 56, putting it in the top 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Iamgold Corporation (IAG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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