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Agnico Eagle Mines (AEM) Exceeds Market Returns: Some Facts to Consider
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In the latest close session, Agnico Eagle Mines (AEM - Free Report) was up +1.72% at $183.69. The stock's performance was ahead of the S&P 500's daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 1.19%.
Coming into today, shares of the gold mining company had lost 12.81% in the past month. In that same time, the Basic Materials sector lost 7.27%, while the S&P 500 gained 0.55%.
The investment community will be closely monitoring the performance of Agnico Eagle Mines in its forthcoming earnings report. The company is scheduled to release its earnings on October 28, 2026. The company is expected to report EPS of $2.45, up 13.43% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $3.53 billion, reflecting a 15.49% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $11.46 per share and revenue of $15.04 billion. These totals would mark changes of +38.41% and +26.28%, respectively, from last year.
Any recent changes to analyst estimates for Agnico Eagle Mines should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.79% lower. Agnico Eagle Mines currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Agnico Eagle Mines is currently being traded at a Forward P/E ratio of 15.75. For comparison, its industry has an average Forward P/E of 11.9, which means Agnico Eagle Mines is trading at a premium to the group.
We can additionally observe that AEM currently boasts a PEG ratio of 2.26. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. AEM's industry had an average PEG ratio of 0.94 as of yesterday's close.
The Mining - Gold industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 199, which puts it in the bottom 20% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Agnico Eagle Mines (AEM) Exceeds Market Returns: Some Facts to Consider
In the latest close session, Agnico Eagle Mines (AEM - Free Report) was up +1.72% at $183.69. The stock's performance was ahead of the S&P 500's daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 1.19%.
Coming into today, shares of the gold mining company had lost 12.81% in the past month. In that same time, the Basic Materials sector lost 7.27%, while the S&P 500 gained 0.55%.
The investment community will be closely monitoring the performance of Agnico Eagle Mines in its forthcoming earnings report. The company is scheduled to release its earnings on October 28, 2026. The company is expected to report EPS of $2.45, up 13.43% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $3.53 billion, reflecting a 15.49% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $11.46 per share and revenue of $15.04 billion. These totals would mark changes of +38.41% and +26.28%, respectively, from last year.
Any recent changes to analyst estimates for Agnico Eagle Mines should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.79% lower. Agnico Eagle Mines currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Agnico Eagle Mines is currently being traded at a Forward P/E ratio of 15.75. For comparison, its industry has an average Forward P/E of 11.9, which means Agnico Eagle Mines is trading at a premium to the group.
We can additionally observe that AEM currently boasts a PEG ratio of 2.26. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. AEM's industry had an average PEG ratio of 0.94 as of yesterday's close.
The Mining - Gold industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 199, which puts it in the bottom 20% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.