We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Agnico Eagle Mines (AEM) Laps the Stock Market: Here's Why
Read MoreHide Full Article
Agnico Eagle Mines (AEM - Free Report) closed at $189.02 in the latest trading session, marking a +2.8% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.6%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.64%.
Coming into today, shares of the gold mining company had lost 6.51% in the past month. In that same time, the Basic Materials sector lost 9.48%, while the S&P 500 gained 1.34%.
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. It is anticipated that the company will report an EPS of $2.45, marking a 13.43% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $3.53 billion, indicating a 15.49% upward movement from the same quarter last year.
AEM's full-year Zacks Consensus Estimates are calling for earnings of $11.46 per share and revenue of $15.04 billion. These results would represent year-over-year changes of +38.41% and +26.28%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Agnico Eagle Mines. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, 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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.96% decrease. Currently, Agnico Eagle Mines is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Agnico Eagle Mines is currently exchanging hands at a Forward P/E ratio of 16.04. This denotes a premium relative to the industry average Forward P/E of 11.61.
Investors should also note that AEM has a PEG ratio of 2.3 right now. 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. As of the close of trade yesterday, the Mining - Gold industry held an average PEG ratio of 0.93.
The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 214, putting it in the bottom 14% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Agnico Eagle Mines (AEM) Laps the Stock Market: Here's Why
Agnico Eagle Mines (AEM - Free Report) closed at $189.02 in the latest trading session, marking a +2.8% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.6%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.64%.
Coming into today, shares of the gold mining company had lost 6.51% in the past month. In that same time, the Basic Materials sector lost 9.48%, while the S&P 500 gained 1.34%.
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. It is anticipated that the company will report an EPS of $2.45, marking a 13.43% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $3.53 billion, indicating a 15.49% upward movement from the same quarter last year.
AEM's full-year Zacks Consensus Estimates are calling for earnings of $11.46 per share and revenue of $15.04 billion. These results would represent year-over-year changes of +38.41% and +26.28%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Agnico Eagle Mines. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, 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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.96% decrease. Currently, Agnico Eagle Mines is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Agnico Eagle Mines is currently exchanging hands at a Forward P/E ratio of 16.04. This denotes a premium relative to the industry average Forward P/E of 11.61.
Investors should also note that AEM has a PEG ratio of 2.3 right now. 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. As of the close of trade yesterday, the Mining - Gold industry held an average PEG ratio of 0.93.
The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 214, putting it in the bottom 14% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.