| Why Earnings Season Could Be Great for First Majestic Silver (AG) - Tale of the Tape | |
| | |
|
Investors are always looking for stocks that are poised to beat at earnings season and First Majestic Silver Corp. (AG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because First Majestic Silveris seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for AG in this report. In fact, the Most Accurate Estimate for the current quarter is currently at 1 cent per share for AG, compared to a broader Zacks Consensus Estimate of a loss of 1 cent per share. This suggests that analysts have very recently bumped up their estimates for AG, giving the stock a significant Zacks Earnings ESP heading into earnings season. Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here). Given that AG has a Zacks Rank #3 (Hold) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for First Majestic Silver, and that a beat might be in the cards for the upcoming report. 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 >> 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 FIRST MAJESTIC (AG): Free Stock Analysis Report To read this article on Zacks.com click here.
|
|
|
First Majestic Silver Corp.
|
|
PRODUCTEUR |
CODE : FR.TO |
ISIN : CA32076R1029 |
CUSIP : 32076R1029 |
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
First Majestic est une société de production minière d'argent basée au Canada. First Majestic est productrice d'argent, d'or, de plomb et de zinc au Mexique, et détient divers projets d'exploration au Canada et au Mexique. Ses principaux projets en production sont LA PARRILLA SILVER MINE, LA ENCANTADA (FIRST MAJESTIC SILVER), SAN MARTIN et LA ENCANTADA SILVER MINE au Mexique et ses principaux projets en exploration sont REAL DE CATORCE, DEL TORO et CUITABOCA au Mexique et PITT ISLAND, PINCOURT, DOMPIERRE et DESJARDINS au Canada. First Majestic est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,6 milliards CA$ (1,1 milliards US$, 1,1 milliards €). La valeur de son action a atteint son plus bas niveau récent le 02 novembre 2001 à 0,01 CA$, et son plus haut niveau récent le 22 décembre 2017 à 9,99 CA$. First Majestic possède 164 340 000 actions en circulation. |