Sprint Corp (NYSE:S), Barrick Gold Corp (USA) (NYSE:ABX)
- Author: Zachary Reyes May 19, 2017,
May 19, 2017, 17:30
The company's expected revenue in the current quarter to be 2.14 Billion, seeing a projected current quarter growth of 28.6%, and per annum growth estimates over the next 5 year period of around -9.75%. Jefferies Group now has a "Buy" rating and a $24.00 target price on the stock.
Let's take a look at analyst target price estimates on the stock. BMO Capital Markets reaffirmed a "buy" rating on shares of Barrick Gold Corp in a research note on Friday, March 31st. Finally, Scotiabank reiterated a "sector perform" rating and set a $22.50 target price on shares of Barrick Gold Corp in a report on Tuesday, April 25th. A rating of 1 would be equivalent to a Strong Buy, and a rating of 5 would indicate a Strong Sell rating. Vetr cut shares of Barrick Gold Corp from a "buy" rating to a "hold" rating and set a $19.65 target price for the company.in a report on Monday, February 6th. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.58 on scale of 1-5.
Currently, EPS of Barrick Gold Corporation (ABX) is 0.14 while the analysts predicted the EPS of the stock to be 0.2 suggesting the company fell short of the analysts' expectations.
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A lawsuit was filed on behalf of investors in Barrick Gold Corporation (USA) (NYSE:ABX) shares.
Return on assets, on the other hand, measures a company's ability to turn assets such as cash, buildings, equipment, or inventory into more assets. The company rocked its 52-Week High of $23.47 and touched its 52-Week Low of $13.81. ABX having beta value of -0.27 and second company's beta stand at -0.27. The firm has a 50-day moving average of $18.03 and a 200-day moving average of $17.45.
Barrick Gold Corp (NYSE:ABX) (TSE:ABX) was the target of unusually large options trading activity on Tuesday. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.07. Barrick Gold Corp (USA) (NYSE:ABX) has risen 6.00% since April 18, 2017 and is uptrending. According to these analysts, the Low Revenue Estimate for Barrick Gold Corporation is 1.96 Billion and the High Revenue Estimate is 2.32 Billion. These analysts have also projected a Low Estimate of $0.13/share and a High Estimate of $0.27/share. Barrick Gold Corp's quarterly revenue was up 3.3% compared to the same quarter previous year. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. FNY Managed Accounts LLC purchased a new position in Barrick Gold Corp during the first quarter valued at approximately $116,000. The company has market cap of $19.82 billion. Inside the closing six months period the stock's performance raised 17.21% while overall yearly performance lost -11.21%. Deutsche Bank has "Buy" rating and $12 target. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. Acrospire Investment Management LLC boosted its position in shares of Barrick Gold Corp by 43.5% in the third quarter. If you are looking for dividend paying stocks, the most reliable companies to add to your portfolio are those that don't just pay dividends, but that raise them regularly. Stockholders of record on Wednesday, May 31st will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend is Friday, May 26th. Barrick Gold Corp's dividend payout ratio is presently -3.90%.