Price Target Analysis of Silver Standard Resources Inc. (NASDAQ:SSRI)

Silver Standard Resources Inc. (NASDAQ:SSRI) belonging to the Basic Materials sector which declined -2.07% and closed its last trading session at $11.81.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/3/2016. Currently, the stock has a 1 Year Price Target of $16.95.

The consensus recommendation, according to Zacks Investment research, is 2. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.25 and 1.75 respectively.

Silver Standard Resources Inc. on 6/30/2016 reported its EPS as $0.25 with the analysts projecting the EPS of the stock as $0.09. The company beat the analyst EPS Estimate with the difference of $0.16. This shows a surprise factor of 177.8%.

Many analysts have provided their estimated foresights on Silver Standard Resources Inc. Earnings, with 6 analysts believing the company would generate an Average Estimate of $0.22. Whereas they predicted High and Low Earnings Estimate as $0.34 and $0.06 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.13.

Analysts are also projecting an Average Revenue Estimate for Silver Standard Resources Inc. as $138.32 Million in the Current Quarter. This estimate is provided by 2 analysts. The High Revenue estimate is predicted as 143.2 Million, while the Low Revenue Estimate prediction stands at 133.43 Million. The company’s last year sales total was 77.19 Million.

For the Current Quarter, the growth estimate for Silver Standard Resources Inc. is 269.2%, while for the Next Quarter the stock growth estimate is 366.7%. In the past 5 years, the stock showed growth of 0% per annum. While for the next 5 years, the growth estimate is -88.37%.

The Company got Initiated by Citigroup on 2-Aug-16 to Neutral.

5 analysts projected Price Targets for Silver Standard Resources Inc. The analysts believe that the company stock price could grow as high as $19. The Low Price target projection by analysts is $14.25 and the Mean Price Target is $16.95.

Silver Standard Resources Inc. (NASDAQ:SSRI) has the market capitalization of $1.42 Billion. The company rocked its 52-Week High of $15.84 on Aug 12, 2016 and touched its 52-Week Low of $3.66 on Jan 21, 2016. The stock has Return on Assets (ROA) of -10.8 percent. Return on Equity (ROE) stands at -19.2% and Return on Investment (ROI) of -12.4 percent.

The stock is currently showing YTD performance of 127.99 Percent. The company has Beta Value of 0.43 and ATR value of 0.71. The Weekly and Monthly Volatility stands at 5.07% and 5.43%.

Company profile:

Silver Standard is focused on the acquisition, exploration and development of silver-dominant projects. They have a quality portfolio of core properties in the development pipeline in Argentina, Mexico, Chile, the United States and Australia.