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Newmont Corporation (NEM) Ascends While Market Falls: Some Facts to Note
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In the latest close session, Newmont Corporation (NEM - Free Report) was up +1.28% at $90.54. This move outpaced the S&P 500's daily loss of 0.16%. On the other hand, the Dow registered a gain of 0.44%, and the technology-centric Nasdaq decreased by 0.76%.
Shares of the gold and copper miner have appreciated by 12.65% over the course of the past month, outperforming the Basic Materials sector's gain of 0.02%, and the S&P 500's gain of 1.14%.
The investment community will be closely monitoring the performance of Newmont Corporation in its forthcoming earnings report. The company is scheduled to release its earnings on October 23, 2025. In that report, analysts expect Newmont Corporation to post earnings of $1.28 per share. This would mark year-over-year growth of 58.02%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.92 billion, up 6.75% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.5 per share and a revenue of $20.75 billion, signifying shifts of +58.05% and +11.06%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Newmont Corporation. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
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. Over the past month, the Zacks Consensus EPS estimate has moved 0.98% higher. Newmont Corporation currently has a Zacks Rank of #2 (Buy).
From a valuation perspective, Newmont Corporation is currently exchanging hands at a Forward P/E ratio of 16.26. For comparison, its industry has an average Forward P/E of 16.28, which means Newmont Corporation is trading at a discount to the group.
We can additionally observe that NEM currently boasts a PEG ratio of 0.99. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Mining - Gold industry currently had an average PEG ratio of 0.81 as of yesterday's close.
The Mining - Gold industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 35, placing it within the top 15% of over 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Newmont Corporation (NEM) Ascends While Market Falls: Some Facts to Note
In the latest close session, Newmont Corporation (NEM - Free Report) was up +1.28% at $90.54. This move outpaced the S&P 500's daily loss of 0.16%. On the other hand, the Dow registered a gain of 0.44%, and the technology-centric Nasdaq decreased by 0.76%.
Shares of the gold and copper miner have appreciated by 12.65% over the course of the past month, outperforming the Basic Materials sector's gain of 0.02%, and the S&P 500's gain of 1.14%.
The investment community will be closely monitoring the performance of Newmont Corporation in its forthcoming earnings report. The company is scheduled to release its earnings on October 23, 2025. In that report, analysts expect Newmont Corporation to post earnings of $1.28 per share. This would mark year-over-year growth of 58.02%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.92 billion, up 6.75% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.5 per share and a revenue of $20.75 billion, signifying shifts of +58.05% and +11.06%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Newmont Corporation. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
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. Over the past month, the Zacks Consensus EPS estimate has moved 0.98% higher. Newmont Corporation currently has a Zacks Rank of #2 (Buy).
From a valuation perspective, Newmont Corporation is currently exchanging hands at a Forward P/E ratio of 16.26. For comparison, its industry has an average Forward P/E of 16.28, which means Newmont Corporation is trading at a discount to the group.
We can additionally observe that NEM currently boasts a PEG ratio of 0.99. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Mining - Gold industry currently had an average PEG ratio of 0.81 as of yesterday's close.
The Mining - Gold industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 35, placing it within the top 15% of over 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.