Top Performer of the day: Barrick Gold Corporation (NYSE:ABX)

u.s stocks , earnings estimates, stock overview, earning reaction history, nasdaq, nyse

Barrick Gold Corporation (NYSE:ABX) Belonging to the Basic Materials sector which declined -1.23% and closed its last trading session at $17.72.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 10/26/2016. Currently, the stock has a 1 Year Price Target of $23.21.

The consensus recommendation, according to Zacks Investment research, is 2.88. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.71 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.69 and 2.73 respectively.

Barrick Gold Corporation on 6/30/2016 reported its EPS as $0.14 with the analysts projecting the EPS of the stock as $0.14. The company beat the analyst EPS Estimate with the difference of $0. This shows a surprise factor of 0%.

Many analysts have provided their estimated foresights on Barrick Gold Corporation Earnings, with 17 analysts believing the company would generate an Average Estimate of $0.21. Whereas they predicted High and Low Earnings Estimate as $0.25 and $0.14 respectively. While in the same Quarter Previous year, the Actual EPS was $0.11.

Analysts are also projecting an Average Revenue Estimate for Barrick Gold Corporation as $2.25 Billion in the Current Quarter. This estimate is provided by 6 analysts. The High Revenue estimate is predicted as 2.55 Billion, while the Low Revenue Estimate prediction stands at 2.04 Billion. The company’s last year sales total was 2.32 Billion.

For the Current Quarter, the growth estimate for Barrick Gold Corporation is 90.9%, while for the Next Quarter the stock growth estimate is 187.5%. In the past 5 years, the stock showed growth of -48.75% per annum. While for the next 5 years, the growth estimate is 30.65%.

The Company got Initiated by Berenberg on 7-Sep-16 to Sell.

24 analysts projected Price Targets for Barrick Gold Corporation. The analysts believe that the company stock price could grow as high as $29. The Low Price target projection by analysts is $13 and the Mean Price Target is $23.21.

Barrick Gold Corporation (NYSE:ABX) has the market capitalization of $20.91 Billion. The company rocked its 52-Week High of $23.47 on Jul 6, 2016 and touched its 52-Week Low of $6.61 on Oct 5, 2015. The stock has Return on Assets (ROA) of -10.3 percent. Return on Equity (ROE) stands at -36% and Return on Investment (ROI) of -13.5 percent.

The stock is currently showing YTD performance of 141.01 Percent. The company has Beta Value of -0.04 and ATR value of 0.8. The Weekly and Monthly Volatility stands at 3.51% and 4.26%.

Company profile:

Barrick Gold Corporation is a leading international gold producer with low-cost mines in North and South America.