Economy

EPS Estimates Revision Screen: Barrick Gold Corporation (ABX)

Recent session action on shares of Barrick Gold Corporation (NYSE:ABX) puts the stock on today's active list.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. CNA Financial Corp increased its position in Barrick Gold Corporation by 17.1% during the second quarter. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. Finally, M&T Bank Corp boosted its holdings in shares of Barrick Gold Corporation by 0.7% during the second quarter.

Investors may also want to take a longer-term look at company shares. The company shares sank -43.35% from their peak of $9.25 and now has a $421.61 million market value of equity. Finally, Neuberger Berman Group LLC acquired a new position in Barrick Gold Corporation during the 2nd quarter worth $161,000. The stock now has Weekly Volatility of 1.15% and Monthly Volatility of 1.90%.

ILLEGAL ACTIVITY WARNING: "Sii Investments Inc". If you are reading this news story on another domain, it was illegally copied and reposted in violation of United States and global copyright & trademark legislation. The correct version of this story can be viewed at https://www.truebluetribune.com/2017/10/03/fore-research-management-lp-invests-397000-in-barrick-gold-corporation-abx-stock.html.

Barrick Gold Corp (NYSE:ABX) traded up 0.31% during mid-day trading on Tuesday, reaching $16.41. Company shares have been seen trading -64.79% off of the 52 week high and 6.64% away from the 52 week low. ABX fell -2.89%, plunged -10.45% and sank -16.57% in the week, one month and six months, respectively. The firm has a market cap of $19.01 billion, a P/E ratio of 8.072 and a beta of -0.33.

Whereas its latest closing price kept its distance from the SMA20 at -3.98% and -3.94% from SMA 20 while it was eased up -5.79% from the simple moving average price of 200 days. The co's performance for 6 months was slashed of -16.39%, 1-year performance stands at -6.44% and year to date showing moved up performance of 1.81%.

For the current quarter, 15 analysts are projecting a mean EPS of $0.17/share. The current consensus recommendation provided by covering analysts is 2.90. Barrick Gold Corporation had a return on equity of 8.91% and a net margin of 26.95%.

Barrick Gold Corporation's sales for the past 5 years rolls at -9.70%, exhibiting an EPS growth from quarter-to-quarter at 684.90%. With the constructive P/E value of Barrick Gold Corporation, the investors are able to forecast the positive earnings growth of the company. Shareholders of record on Thursday, August 31st were given a $0.03 dividend. The rating was initiated by Morgan Stanley with "Equal-Weight" on Tuesday, August 9. This represents a $0.12 annualized dividend and a yield of 0.74%.

Barrick Gold Corporation is a gold mining company.

A number of brokerages recently commented on ABX. Clarkson Capital downgraded shares of Barrick Gold Corp from a "buy" rating to a "neutral" rating in a research report on Wednesday, February 15th. Royal Bank Of Canada reissued an "outperform" rating on shares of Barrick Gold Corporation in a report on Thursday, September 7th. BidaskClub cut shares of Barrick Gold Corporation from a "hold" rating to a "sell" rating in a research report on Saturday, July 1st. BMO Capital Markets set a $18.00 target price on shares of Barrick Gold Corporation and gave the company a "hold" rating in a research report on Wednesday, August 23rd. Credit Suisse Group restated a "buy" rating and issued a $22.00 target price on shares of Barrick Gold Corporation in a research report on Sunday, September 24th. Analysts mean recommendation for the stock is 1.90.

Price targets show what analysts believes a stock will be worth at the end of a certain time period.

Among 23 analysts covering Barrick Gold Corp. The Firm is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company's divisions include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.



Like this

loading...
loading...

Latest


05 October 2017
143 arrested after protest blocks St. Louis highway traffic
SLMPD tweeted that protesters drove onto I-64 from Kingshighway and exited their cars, shutting down the highway. He stressed that the protest was a peaceful one, and that when officers began making arrests, "No one resisted".

05 October 2017
Reviewing Individual Broker Targets Of Danaher Corporation (NYSE:DHR)
Finally, Guardian Life Insurance Co. of America grew its stake in shares of Danaher Corporation by 1.0% during the first quarter. The conglomerate reported $0.99 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.97 by $0.02.

04 October 2017
Automakers' sales rise as Texas buyers begin replacing hurricane-flooded vehicles
Toyota and Honda are betting the new sedans win market share as their Detroit rivals shift focus to SUVs, crossovers and pickups. General Motors Co, the number one United States automaker, reported sales climbed 12 percent compared to the previous year.

04 October 2017
(NASDAQ:ATVI) and Micron Technology, Inc. (NASDAQ:MU)
The stock of Activision Blizzard, Inc . (NASDAQ: ATVI ) or 506,118 shares. (NASDAQ: ATVI ) advice adding it to buy candidate list. When investing in a volatile security, the risk of success is increased just as much as the risk of failure.

04 October 2017
Legoland is letting people with these names into the park for free
Everything is awesome - especially if you share your name with one of the Masters of Spinjitzu from the new Lego Ninjago movie. The theme park is giving away free tickets for children and adults this month, but there's an interesting catch.

04 October 2017
Check Out Marvel Vs Capcom Infinite's Black Panther and Sigma In Action
Capcom has also released images for each of the three characters' premium costumes , and can be viewed on the Capcom Blog post. All three will also be playable at New York Comic Con 2017! Hopefully, Black Panther and Sigma can shake things up a bit.

04 October 2017
Google Clips is a tiny AI-powered camera
Inside is an artificial intelligence engine that looks for moments that seem most relevant to you, the user. It learns faces over time and tries to take more photos of those people and fewer photos of strangers.

04 October 2017
The Witcher 3's Latest PS4 Update Adds Pro Support
Since CD Projekt Red missed the few days deadline, perhaps they're also prepared the Xbox One X update in time of launch? CD Projekt released the PS4 Pro update for The Witcher 3 this morning, according to various user reports online.

04 October 2017
Senators to discuss first findings in Russia probe
Schiff said that his committee will seek "to determine what groups and individuals were most heavily targeted and why". The White House is not up for grabs in the 2018 elections, but the midterm contests could have an impact on Congress.

04 October 2017
Las Vegas shooting suspect's father was once one of FBI's Most Wanted
Though Stephen and Eric Paddock are known to be his sons, only one Patrick Paddock was noted in his paid obituary. Court records show Paddock was married in 1977 - their divorce was finalised in 1980 in Los Angeles County.