With 24.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 19.62 million shares. The 52-week range on KGC shows that it touched its highest point at $12.28 and its lowest point at $4.75 during that stretch. It currently has a 1-year price target of $13.39. With its current market cap of 13.62 billion, KGC has annualized dividend of $0.12 while the current yield stands at 1.08%. Beta for the stock currently stands at 1.29.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KGC was down-trending over the past week, with a drop of -2.29%, but this was up by 4.33% over a month. Three-month performance surged to 9.92% while six-month performance rose 21.09%. The stock gained 122.49% in the past year, while it has gained 19.53% so far this year. A look at the trailing 12-month EPS for KGC yields 0.77 with Next year EPS estimates of 0.82. For the next quarter, that number is 0.20. This implies an EPS growth rate of 20.26% for this year and 0.65% for next year. EPS is expected to grow by 3.24% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.28%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KGC since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.83507 being high and $0.64158 being low. For KGC, this leads to a yearly average estimate of $0.74342. Based on analyst estimates, the high estimate for the next quarter is $0.26 and the low estimate is $0.16. The average estimate for the next quarter is thus $0.21.
