With 2.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.97 million shares. The 52-week range on AEM shows that it touched its highest point at $101.45 and its lowest point at $47.73 during that stretch. It currently has a 1-year price target of $109.41. With its current market cap of 47.69 billion, AEM has annualized dividend of $1.60 while the current yield stands at 1.68%. Beta for the stock currently stands at 0.99.
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 AEM was down-trending over the past week, with a drop of -3.01%, but this was up by 5.69% over a month. Three-month performance surged to 12.80% while six-month performance rose 15.51%. The stock gained 94.54% in the past year, while it has gained 21.58% so far this year. A look at the trailing 12-month EPS for AEM yields 3.78 with Next year EPS estimates of 5.03. For the next quarter, that number is 1.22. This implies an EPS growth rate of 19.88% for this year and -0.74% for next year. EPS is expected to grow by 1.28% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.68%.
Float and Shares Shorts:
At present, 501.73 million AEM shares are outstanding with a float of 500.96 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AEM since 9 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $4.27791 being high and $3.856 being low. For AEM, this leads to a yearly average estimate of $4.06205.
