The most recent trading session ended with Pan American Silver (PAAS) standing at $25.07, reflecting a -0.71% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 1.04%. Elsewhere, the Dow gained 0.77%, while the tech-heavy Nasdaq added 1.51%.
Prior to today's trading, shares of the silver mining company had gained 19.05% over the past month. This has outpaced the Basic Materials sector's gain of 7.68% and the S&P 500's gain of 3.92% in that time.
The investment community will be paying close attention to the earnings performance of Pan American Silver in its upcoming release. The company is slated to reveal its earnings on February 19, 2025. In that report, analysts expect Pan American Silver to post earnings of $0.35 per share. This would mark year-over-year growth of 975%. In the meantime, our current consensus estimate forecasts the revenue to be $812.87 million, indicating a 21.4% growth compared to the corresponding quarter of the prior year.
Investors should also note any recent changes to analyst estimates for Pan American Silver. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 18.03% lower within the past month. Pan American Silver is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Pan American Silver is holding a Forward P/E ratio of 20.08. This denotes a premium relative to the industry's average Forward P/E of 19.33.
The Mining - Silver industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 25, finds itself in the top 10% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Pan American Silver Corp. (PAAS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。