HeffX-LTN Analysts for Barrick Gold Corp. (NYSE:ABX)

HeffX-LTN Analysts for Barrick Gold Corp. (NYSE:ABX)

HeffX-LTN Analysts for Barrick Gold Corp. (NYSE:ABX)


Barrick Gold Corp. (NYSE:ABX) reported the earnings of 0.24/share in the last Quarter where the estimated EPS by analysts was 0.21/share. The difference between the expected and actual EPS was 0.03/share, which represents a surprise of 14.3%.

Analysts are providing their estimated earnings analysis for Barrick Gold, and for the current quarter 18 analysts have projected that the stock could give an average earnings estimate of 0.19/share. They project a Low of 0.11/share and a High of 0.27/share.

The Revenue Estimates

There at 7 analysts that have consensus average revenue estimates for Barrick Gold as $2.19-B. According to these analysts, the Low for Barrick Gold is $1.88-B and the High is $2.48-B. Year age sales were $2.24-B.

These analysts also forecast growth estimates for this Quarter for to be 137.5%.

They are projecting next Quarter growth of 63.6%.

For the next 5 years, Barrick Gold is expecting growth of 36.85% per annum, whereas in the past 5 years the growth was at -45.84% per annum.

Buy side analysts are also providing their analysis on Barrick Gold, where 4 analysts have rated the stock as Strong buy, 9 analysts have given a Buy signal, 10 said it’s a Hold, 2 reported it as Underperform and No analysts rated the stock as Sell.

When it comes to the analysis of a stock, target prices plays a Key role.

23 Analysts reported that the price target for Barrick Gold at 28.6 high while the Average and Low targets are  20.04 and 15 respectively.

Barrick Gold saw a Downgrade on 21-December 2016, where investment firm TD Securities Downgrade the stock from Buy to Hold.

Barrick Gold closed Friday, 20 January 2017 at trading session at 17.11 or +0.19.

The Market Cap of the company stands at $19.71-B.

The stock trades in a 52-wk range of 23.47 – 8.09. The stock’s current distance from 20-Day SMA is 5.99% where the 50-Day SMA and 200-Day SMA are 7.75% and -5.11% respectively.

Barrick Gold Corp’s P/E Ratio is 0 and Forward P/E Ratio of 20.86.

The company shows its ROA value of -9.3%, the ROE value stands at -32.8%, and the ROI value is -13.5%.

YTD performance value value is 5.88%.

HeffX-LTN Analysis for ABX: Overall Short Intermediate Long
Neutral (0.15) Bullish (0.40) Neutral (0.10) Neutral (-0.04)

Have a terrific weekend.


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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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