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AngloGold Ashanti (AU) Registers a Bigger Fall Than the Market: Important Facts to Note
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AngloGold Ashanti (AU - Free Report) closed at $85.08 in the latest trading session, marking a -2.49% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.31%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.38%.
Shares of the gold miner have depreciated by 7.13% over the course of the past month, underperforming the Basic Materials sector's loss of 3.42%, and the S&P 500's gain of 0.87%.
The investment community will be paying close attention to the earnings performance of AngloGold Ashanti in its upcoming release. The company is slated to reveal its earnings on November 5, 2026. The company's upcoming EPS is projected at $1.7, signifying a 28.79% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.84 billion, indicating a 19.55% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.13 per share and a revenue of $12.19 billion, signifying shifts of +51.4% and +25.33%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for AngloGold Ashanti. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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 last 30 days, the Zacks Consensus EPS estimate has moved 0.29% lower. At present, AngloGold Ashanti boasts a Zacks Rank of #3 (Hold).
With respect to valuation, AngloGold Ashanti is currently being traded at a Forward P/E ratio of 10.73. This expresses a discount compared to the average Forward P/E of 11.4 of its industry.
The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 190, putting it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
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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AngloGold Ashanti (AU) Registers a Bigger Fall Than the Market: Important Facts to Note
AngloGold Ashanti (AU - Free Report) closed at $85.08 in the latest trading session, marking a -2.49% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.31%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.38%.
Shares of the gold miner have depreciated by 7.13% over the course of the past month, underperforming the Basic Materials sector's loss of 3.42%, and the S&P 500's gain of 0.87%.
The investment community will be paying close attention to the earnings performance of AngloGold Ashanti in its upcoming release. The company is slated to reveal its earnings on November 5, 2026. The company's upcoming EPS is projected at $1.7, signifying a 28.79% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.84 billion, indicating a 19.55% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.13 per share and a revenue of $12.19 billion, signifying shifts of +51.4% and +25.33%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for AngloGold Ashanti. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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 last 30 days, the Zacks Consensus EPS estimate has moved 0.29% lower. At present, AngloGold Ashanti boasts a Zacks Rank of #3 (Hold).
With respect to valuation, AngloGold Ashanti is currently being traded at a Forward P/E ratio of 10.73. This expresses a discount compared to the average Forward P/E of 11.4 of its industry.
The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 190, putting it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.