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AngloGold Ashanti (AU) Stock Drops Despite Market Gains: Important Facts to Note
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In the latest close session, AngloGold Ashanti (AU - Free Report) was down 1.38% at $92.44. This change lagged the S&P 500's 0.29% gain on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.89%.
The stock of gold miner has fallen by 7.4% in the past month, lagging the Basic Materials sector's gain of 1.95% and the S&P 500's gain of 10.54%.
The upcoming earnings release of AngloGold Ashanti will be of great interest to investors. The company's earnings report is expected on May 8, 2026. In that report, analysts expect AngloGold Ashanti to post earnings of $2.21 per share. This would mark year-over-year growth of 151.14%. Our most recent consensus estimate is calling for quarterly revenue of $3.34 billion, up 73.22% from the year-ago period.
AU's full-year Zacks Consensus Estimates are calling for earnings of $8.79 per share and revenue of $12 billion. These results would represent year-over-year changes of +63.69% and +23.28%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AngloGold Ashanti. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.94% lower. AngloGold Ashanti currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, AngloGold Ashanti is currently exchanging hands at a Forward P/E ratio of 10.66. Its industry sports an average Forward P/E of 10.09, so one might conclude that AngloGold Ashanti is trading at a premium comparatively.
The Mining - Gold industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 152, placing it within the bottom 38% of over 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.
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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AngloGold Ashanti (AU) Stock Drops Despite Market Gains: Important Facts to Note
In the latest close session, AngloGold Ashanti (AU - Free Report) was down 1.38% at $92.44. This change lagged the S&P 500's 0.29% gain on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.89%.
The stock of gold miner has fallen by 7.4% in the past month, lagging the Basic Materials sector's gain of 1.95% and the S&P 500's gain of 10.54%.
The upcoming earnings release of AngloGold Ashanti will be of great interest to investors. The company's earnings report is expected on May 8, 2026. In that report, analysts expect AngloGold Ashanti to post earnings of $2.21 per share. This would mark year-over-year growth of 151.14%. Our most recent consensus estimate is calling for quarterly revenue of $3.34 billion, up 73.22% from the year-ago period.
AU's full-year Zacks Consensus Estimates are calling for earnings of $8.79 per share and revenue of $12 billion. These results would represent year-over-year changes of +63.69% and +23.28%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AngloGold Ashanti. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.94% lower. AngloGold Ashanti currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, AngloGold Ashanti is currently exchanging hands at a Forward P/E ratio of 10.66. Its industry sports an average Forward P/E of 10.09, so one might conclude that AngloGold Ashanti is trading at a premium comparatively.
The Mining - Gold industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 152, placing it within the bottom 38% of over 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.