Iamgold (IAG) Registers a Bigger Fall Than the Market: Important Facts to Note
IAMGOLDIAMGOLD(US:IAG) ZACKS·2025-02-01 00:16

Company Performance - Iamgold (IAG) closed at $6.24, reflecting a -0.79% change from the previous session, underperforming compared to the S&P 500's loss of 0.51% [1] - The stock has increased by 12.72% over the past month, outperforming the Basic Materials sector's gain of 4.34% and the S&P 500's gain of 2.87% [1] Upcoming Earnings - Iamgold's earnings report is scheduled for February 20, 2025, with projected earnings per share (EPS) of $0.17, indicating a 183.33% increase from the same quarter last year [2] Analyst Estimates - Recent modifications to analyst estimates for Iamgold are crucial as they reflect changing business trends, with upward revisions indicating analysts' positive outlook on the company's profitability [3] - The Zacks Consensus EPS estimate has decreased by 11.73% over the last 30 days, and Iamgold currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Iamgold is trading at a Forward P/E ratio of 9.12, which is lower than the industry average Forward P/E of 10.76, suggesting that Iamgold is trading at a discount compared to its peers [6] - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [6][7]