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Newmont Corporation (NEM) Dips More Than Broader Market: What You Should Know
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Newmont Corporation (NEM - Free Report) closed at $86.95 in the latest trading session, marking a -1.76% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.38%. On the other hand, the Dow registered a loss of 0.2%, and the technology-centric Nasdaq decreased by 0.67%.
Shares of the gold and copper miner have appreciated by 16.84% over the course of the past month, outperforming the Basic Materials sector's gain of 0.97%, and the S&P 500's gain of 4.06%.
The upcoming earnings release of Newmont Corporation will be of great interest to investors. The company's earnings report is expected on October 23, 2025. It is anticipated that the company will report an EPS of $1.23, marking a 51.85% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $4.92 billion, reflecting a 6.75% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.44 per share and a revenue of $20.75 billion, indicating changes of +56.32% and +11.06%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Newmont Corporation. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, 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. Within the past 30 days, our consensus EPS projection has moved 3.33% higher. Newmont Corporation is currently a Zacks Rank #3 (Hold).
From a valuation perspective, Newmont Corporation is currently exchanging hands at a Forward P/E ratio of 16.27. For comparison, its industry has an average Forward P/E of 16.91, which means Newmont Corporation is trading at a discount to the group.
Investors should also note that NEM has a PEG ratio of 0.99 right now. 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. The Mining - Gold was holding an average PEG ratio of 0.81 at yesterday's closing price.
The Mining - Gold industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 48, positioning it in the top 20% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Newmont Corporation (NEM) Dips More Than Broader Market: What You Should Know
Newmont Corporation (NEM - Free Report) closed at $86.95 in the latest trading session, marking a -1.76% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.38%. On the other hand, the Dow registered a loss of 0.2%, and the technology-centric Nasdaq decreased by 0.67%.
Shares of the gold and copper miner have appreciated by 16.84% over the course of the past month, outperforming the Basic Materials sector's gain of 0.97%, and the S&P 500's gain of 4.06%.
The upcoming earnings release of Newmont Corporation will be of great interest to investors. The company's earnings report is expected on October 23, 2025. It is anticipated that the company will report an EPS of $1.23, marking a 51.85% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $4.92 billion, reflecting a 6.75% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.44 per share and a revenue of $20.75 billion, indicating changes of +56.32% and +11.06%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Newmont Corporation. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, 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. Within the past 30 days, our consensus EPS projection has moved 3.33% higher. Newmont Corporation is currently a Zacks Rank #3 (Hold).
From a valuation perspective, Newmont Corporation is currently exchanging hands at a Forward P/E ratio of 16.27. For comparison, its industry has an average Forward P/E of 16.91, which means Newmont Corporation is trading at a discount to the group.
Investors should also note that NEM has a PEG ratio of 0.99 right now. 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. The Mining - Gold was holding an average PEG ratio of 0.81 at yesterday's closing price.
The Mining - Gold industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 48, positioning it in the top 20% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.