Pan American Silver(US:PAAS) ZACKSยท2024-10-28 23:21Company Performance - Pan American Silver (PAAS) ended the recent trading session at $24.44, showing a -1.17% change from the previous day's closing price, while the S&P 500 gained 0.27% [1] - Over the past month, shares of Pan American Silver have increased by 15.29%, outperforming the Basic Materials sector, which saw a loss of 3.73%, and the S&P 500's gain of 2% [1] Upcoming Earnings - The company's earnings report is scheduled for November 5, 2024, with an expected EPS of $0.21, indicating a 2000% growth compared to the same quarter last year [2] - The consensus estimate projects revenue of $743.03 million, reflecting a 20.56% increase from the equivalent quarter last year [2] Full Year Estimates - For the full year, analysts expect earnings of $0.66 per share and revenue of $2.82 billion, marking changes of +450% and +21.75% respectively from the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Pan American Silver are important as they reflect the shifting dynamics of short-term business patterns, with positive revisions indicating analyst optimism about the company's profitability [4] Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Pan American Silver at 2 (Buy), with an average upward shift of 11.22% in the EPS estimate over the past month [6] - Pan American Silver is trading at a Forward P/E ratio of 37.41, which is a premium compared to the industry average Forward P/E of 32 [7] Industry Context - The Mining - Silver industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 70, placing it in the top 28% of over 250 industries [7][8]