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Iamgold (IAG) Stock Dips While Market Gains: Key Facts
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Iamgold (IAG - Free Report) ended the recent trading session at $7.28, demonstrating a -2.41% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.78%. On the other hand, the Dow registered a gain of 1.14%, and the technology-centric Nasdaq increased by 0.61%.
The stock of gold and niobium mining company has risen by 2.9% in the past month, lagging the Basic Materials sector's gain of 6.63% and the S&P 500's gain of 5.88%.
Market participants will be closely following the financial results of Iamgold in its upcoming release. The company plans to announce its earnings on August 7, 2025. The company is expected to report EPS of $0.15, down 6.25% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.79 per share and revenue of $2.42 billion, indicating changes of +43.64% and +48.44%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Iamgold should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.72% higher. At present, Iamgold boasts a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Iamgold is currently exchanging hands at a Forward P/E ratio of 9.46. This expresses a discount compared to the average Forward P/E of 12.14 of its industry.
Also, we should mention that IAG has a PEG ratio of 0.36. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Mining - Gold industry had an average PEG ratio of 0.57 as trading concluded yesterday.
The Mining - Gold industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 12, finds itself in the top 5% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Iamgold (IAG) Stock Dips While Market Gains: Key Facts
Iamgold (IAG - Free Report) ended the recent trading session at $7.28, demonstrating a -2.41% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.78%. On the other hand, the Dow registered a gain of 1.14%, and the technology-centric Nasdaq increased by 0.61%.
The stock of gold and niobium mining company has risen by 2.9% in the past month, lagging the Basic Materials sector's gain of 6.63% and the S&P 500's gain of 5.88%.
Market participants will be closely following the financial results of Iamgold in its upcoming release. The company plans to announce its earnings on August 7, 2025. The company is expected to report EPS of $0.15, down 6.25% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.79 per share and revenue of $2.42 billion, indicating changes of +43.64% and +48.44%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Iamgold should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.72% higher. At present, Iamgold boasts a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Iamgold is currently exchanging hands at a Forward P/E ratio of 9.46. This expresses a discount compared to the average Forward P/E of 12.14 of its industry.
Also, we should mention that IAG has a PEG ratio of 0.36. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Mining - Gold industry had an average PEG ratio of 0.57 as trading concluded yesterday.
The Mining - Gold industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 12, finds itself in the top 5% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.