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Why Newmont Corporation (NEM) Outpaced the Stock Market Today
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Newmont Corporation (NEM - Free Report) ended the recent trading session at $121.69, demonstrating a +2.34% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.55%. Elsewhere, the Dow gained 0.63%, while the tech-heavy Nasdaq added 0.91%.
Prior to today's trading, shares of the gold and copper miner had gained 13.54% outpaced the Basic Materials sector's gain of 9.86% and the S&P 500's gain of 0.71%.
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 February 19, 2026. It is anticipated that the company will report an EPS of $1.81, marking a 29.29% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $5.75 billion, showing a 1.78% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $6.34 per share and a revenue of $21.6 billion, demonstrating changes of +82.18% and 0%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Newmont Corporation. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, 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 4.16% higher. Right now, Newmont Corporation possesses a Zacks Rank of #3 (Hold).
Looking at its valuation, Newmont Corporation is holding a Forward P/E ratio of 15.39. This signifies a premium in comparison to the average Forward P/E of 13.23 for its industry.
Also, we should mention that NEM has a PEG ratio of 0.9. 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. As the market closed yesterday, the Mining - Gold industry was having an average PEG ratio of 0.43.
The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 42, putting it in the top 18% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Why Newmont Corporation (NEM) Outpaced the Stock Market Today
Newmont Corporation (NEM - Free Report) ended the recent trading session at $121.69, demonstrating a +2.34% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.55%. Elsewhere, the Dow gained 0.63%, while the tech-heavy Nasdaq added 0.91%.
Prior to today's trading, shares of the gold and copper miner had gained 13.54% outpaced the Basic Materials sector's gain of 9.86% and the S&P 500's gain of 0.71%.
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 February 19, 2026. It is anticipated that the company will report an EPS of $1.81, marking a 29.29% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $5.75 billion, showing a 1.78% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $6.34 per share and a revenue of $21.6 billion, demonstrating changes of +82.18% and 0%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Newmont Corporation. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, 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 4.16% higher. Right now, Newmont Corporation possesses a Zacks Rank of #3 (Hold).
Looking at its valuation, Newmont Corporation is holding a Forward P/E ratio of 15.39. This signifies a premium in comparison to the average Forward P/E of 13.23 for its industry.
Also, we should mention that NEM has a PEG ratio of 0.9. 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. As the market closed yesterday, the Mining - Gold industry was having an average PEG ratio of 0.43.
The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 42, putting it in the top 18% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.