Core Viewpoint - Newmont Corporation (NEM) is experiencing solid improvements in earnings estimates, which may lead to continued short-term price momentum for the stock [1][2]. Earnings Estimate Revisions - There is a rising trend in estimate revisions due to growing analyst optimism regarding Newmont's earnings prospects, which is expected to positively impact its stock price [2]. - The Zacks Rank system indicates a strong correlation between earnings estimate revisions and near-term stock price movements [2]. - Current-quarter earnings are estimated at $1.18 per share, reflecting a +45.7% change from the previous year [6]. - The consensus estimate for the current quarter has increased by 23.09% over the last 30 days, with two estimates moving higher and one lower [6]. - For the full year, earnings are expected to be $5.10 per share, representing a +46.6% change from the prior year [7]. - Over the past month, five estimates for the current year have been revised upward, with no negative revisions [7]. Zacks Rank and Performance - Newmont has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which is a reliable tool for investors to make informed decisions [8]. - Historically, Zacks 1 Ranked stocks have generated an average annual return of +25% since 2008 [3]. - Stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [8]. Stock Performance - Newmont shares have increased by 8.7% over the past four weeks, indicating investor confidence in its earnings growth prospects [9].

GE Aerospace (GE) Analysis - GE Aerospace operates through commercial engines and services, and defense propulsion technologies segments [2] - The company raised its dividend by over 28% to 36 cents per share in February [4] - GE Aerospace bought back shares for 17 billion in the second quarter [5] - For 2025, GE Aerospace expects organic revenues to grow in the mid-teens digit range [5] - Full year estimates have been increased by 653% over the past 60 days [10] - The 2025 Zach's consensus estimate now stands at $587 per share, reflecting potential growth of over 27% relative to last year [10] Pneumont (NEM) Analysis - Pneumont's average realized gold price was $3,320 per ounce in the second quarter, compared to $2,347 per ounce last year [13] - The company had record free cash flows of 17 billion in the second quarter [13] - Pneumont increased its share buyback plan to 3 billion [15] - The company reduced debt by 372 million since the prior earnings call [23]

Core Insights - Companies are increasingly engaging in share buybacks as a response to stock price fluctuations, either when shares are dropping or rising [1][2][3] Group 1: Share Buybacks in Response to Stock Price Drops - Deckers Outdoor has seen its stock drop nearly 50% in 2025 and responded with a record $266 million in buybacks in Q1 and $183 million in Q2 [2] - This strategy indicates management's belief that the market is overreacting to negative news [2] Group 2: Share Buybacks Amid Rising Stock Prices - Spotify, VeriSign, and Newmont are all experiencing stock price increases and have announced significant increases in their share buyback capacities [3] - Spotify's stock is up approximately 40% in 2025, significantly outperforming the S&P 500's less than 7% return, and has authorized an additional $1 billion for buybacks [4][5] - VeriSign has provided a total return of about 29% in 2025 and announced a $913 million increase in buyback authorization, totaling around $1.5 billion, which is roughly 6% of its market value [7][8] - Newmont has achieved a 70% return in 2025 and added $3 billion to its buyback capacity, bringing the total to $3.2 billion, around 4.6% of its market capitalization [10] Group 3: Market Sentiment and Future Expectations - The buyback increases from these companies signal management's confidence in continued stock price rallies [5][10] - Analysts predict gold prices may rise to $4,000 per ounce by mid-2026, supporting Newmont's rationale for increasing buyback capacity [10] - Overall, substantial buyback increases are seen as positive indicators for investors, especially when aligned with strong cash flow [11]

Looking more specifically, Barrick Mining belongs to the Mining - Gold industry, which includes 39 individual stocks and currently sits at #43 in the Zacks Industry Rank. Stocks in this group have gained about 53% so far this year, so B is slightly underperforming its industry this group in terms of year-to-date returns. Newmont Corporation is also part of the same industry. Going forward, investors interested in Basic Materials stocks should continue to pay close attention to Barrick Mining and Newmont Cor ...

Core Insights - Newmont Corporation (NEM) achieved a significant milestone by reducing its all-in sustaining costs (AISC) to $1,593 per ounce in Q2 2025, a 4% decrease from the previous quarter, primarily due to lower direct operating costs and sustaining capital spending [1][6] - Despite the reduction, NEM anticipates a modest increase in AISC for its core portfolio in Q3 2025 due to higher sustaining capital spending, with a full-year guidance of $1,630 per ounce for 2025, up from $1,516 per ounce in 2024 [2][6] - NEM's operational efficiency is highlighted by its ability to lower AISC amid industry-wide cost pressures, contrasting with peers like Barrick Mining Corporation, which experienced a 22% increase in AISC to $1,775 per ounce in Q1 2025 [2][3] Financial Performance - NEM's shares have surged 71.9% year-to-date, outperforming the Zacks Mining – Gold industry's rise of 55.4%, largely driven by a rally in gold prices [5] - The Zacks Consensus Estimate indicates a year-over-year earnings rise of 39.4% for 2025 and 3.1% for 2026, with EPS estimates trending higher over the past 60 days [7] Valuation Metrics - NEM is currently trading at a forward 12-month earnings multiple of 13.21, representing a 6.5% premium to the industry average of 12.4X, and carries a Value Score of B [8]

Core Insights - Newmont Corporation (NEM) achieved a record quarterly free cash flow of $1.7 billion in Q2 2025, marking a nearly threefold increase year over year and a 42% rise from the previous quarter, driven by higher net cash from operating activities and reduced capital investment [1][7] - Despite the strong performance, there are concerns regarding the sustainability of cash flow into Q3 due to anticipated higher capital spending, increased cash tax payments, and ongoing costs related to the Yanacocha water treatment facilities [2][7] - Newmont's solid balance sheet enables it to fund growth projects and meet debt obligations, indicating that near-term cash flow pressures do not reflect deteriorating fundamentals [3] Financial Performance - Newmont's net cash from operating activities increased by 17% from the prior quarter to $2.4 billion, contributing to the record free cash flow [1] - In comparison, Barrick Mining Corporation reported a free cash flow of $375 million for Q1, a nearly 12-fold increase year over year, while Agnico Eagle Mines Limited generated $594 million in free cash flow, up around 50% year over year [4][5] - Newmont's shares have risen 76.7% year to date, outperforming the Zacks Mining – Gold industry's increase of 58.7% [6] Future Outlook - The Zacks Consensus Estimate projects a year-over-year earnings rise of 35.6% for 2025 and 4.6% for 2026, with EPS estimates trending higher over the past 60 days [8] - Newmont is currently trading at a forward 12-month earnings multiple of 13.57, which is approximately 6.6% above the industry average of 12.73 [9][10] - The stock carries a Zacks Rank 3 (Hold), indicating a neutral outlook [11]

智通财经7月28日电，加拿大丰业银行将纽曼矿业目标价从69美元上调至72美元。 ...

Group 1 - Morgan Stanley maintains an "overweight" rating on Newmont Corporation (NEM.US) and raises the target price to $104 [1] - Newmont's Q2 gold equivalent ounce production exceeded expectations, surpassing Morgan Stanley's forecast by 4%, driven by strong output from Cadia and Peñasquito, leading to a 14% revenue growth and a 33% increase in adjusted EBITDA [1] - The company's net debt of $1.4 billion is significantly lower than Morgan Stanley's expectation of $2.7 billion, attributed to lower-than-expected capital expenditures and the release of working capital during the quarter [1] Group 2 - Newmont announced a new $3 billion share buyback plan [1] - The attributable gold production was 8% higher than Morgan Stanley's expectations, while by-product gold equivalent ounces (GEO) were 9% lower than expected, resulting in a total gold equivalent production that was 4% above expectations [1] - The company provided guidance for Q3, expecting core production to remain flat compared to the previous quarter, with certain joint venture assets and specific mines projected to increase while others are expected to decline [1][2] Group 3 - Morgan Stanley views the current production guidance as conservative and models an annual core production of 5.7 million ounces with a total sustaining cost of $1,526 per ounce [2] - The firm remains optimistic about the outlook for gold and considers Newmont a compelling income choice in the current environment [3]

Group 1: Hong Kong Stock Market Highlights - New China Life Insurance (01336) rose over 5%, reaching a historical high, while China Life (2628.HK) increased by 4.4%, AIA (1299.HK) by 3.5%, and China Pacific Insurance (2601.HK) by nearly 2% following the release of the 2Q25 predetermined interest rate of 1.99% by the insurance industry association [1] - Heng Rui Pharmaceutical (1276.HK) opened up 10.65% after announcing a global exclusive licensing agreement with GSK for the HRS-9821 project, excluding mainland China and certain regions [1] - Guangshen Railway (00525.HK) saw a peak increase of over 9% after signing a cooperation agreement for the Guangzhou East Station renovation project, with a total investment of approximately 16.66 billion yuan [1] Group 2: Other Notable Stock Movements - MicroPort Medical (00853.HK) surged over 8% as major shareholders agreed to sell a total of 291 million shares to various buyers, including funds under Shanghai Industrial Capital [2] - China Tobacco Hong Kong (06055.HK) rose over 5% following the release of a draft management regulation for domestic duty-free tobacco products by the National Tobacco Monopoly Administration [2] - Shenghua Land (08106) saw its stock price soar over 200% after a share acquisition agreement was reached [2] - Jiufang Zhitu Holdings (09636) increased over 10% after announcing a profit forecast for the first half of the year, expecting a net profit of 830 to 870 million yuan, a turnaround from a net loss of 174 million yuan in the same period last year [2] - Lianlian Digital (02598) rose over 7% as a report highlighted the significant role of third-party payment institutions in cross-border and multi-currency settlement services [2] Group 3: Macau Gaming Sector Performance - Gaming stocks saw a general increase, with Amax Holdings (00880) up 10.39%, Melco International Development (00200) up 5.64%, and Sands China (01928) up 3.25%. UBS reported that the average daily gaming revenue in Macau for the past week was 657 million patacas, a slight decline due to typhoon impacts, but still showing a year-on-year growth of approximately 14% [3] Group 4: US Stock Market Highlights - AMD (AMD.US) rose 2.68% as it achieved a 50% market share in the server CPU market, matching Intel for the first time [4] - Newmont Corporation (NEM.US) increased by 6.89%, reporting a second-quarter earnings per share of $1.85, up from 73 cents year-on-year [5] - Berkshire Hathaway's holding Verisign (VRSN.US) rose 6.67% despite Q2 revenue falling short of market expectations, as the company raised its full-year revenue guidance [5] - Tesla (TSLA.US) increased by 3.52% with plans to launch Robotaxi services in San Francisco [6]

Financial Performance - Newmont's quarterly profits exceeded analysts' estimates [1] - Profits were boosted by higher gold prices [1] Market Dynamics - Newmont shares increased following the release of the quarterly profits [1]