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Is Trending Stock Agnico Eagle Mines Limited (AEM) a Buy Now?
AEMAgnico Eagle(AEM) ZACKS·2025-03-06 15:06

Core Viewpoint - Agnico Eagle Mines (AEM) has shown a positive stock performance of +1% over the past month, contrasting with the Zacks S&P 500 composite's -4.1% change, indicating potential resilience in the gold mining sector [1] Earnings Estimates Revisions - Agnico is expected to report earnings of 1.05pershareforthecurrentquarter,reflectingayearoveryearincreaseof+38.21.05 per share for the current quarter, reflecting a year-over-year increase of +38.2%, with a recent consensus estimate change of +9.2% [4] - For the current fiscal year, the consensus earnings estimate stands at 4.70, indicating a year-over-year change of +11.1%, although this estimate has decreased by -1.2% over the last 30 days [4] - The next fiscal year's consensus earnings estimate is 4.13,suggestingadeclineof12.14.13, suggesting a decline of -12.1% from the previous year, with a slight increase of +0.5% in the last month [5] Revenue Growth Forecast - The consensus sales estimate for Agnico is 2.24 billion for the current quarter, representing a year-over-year growth of +22.4% [8] - For the current fiscal year, revenue estimates are 9.22billion,indicatingagrowthof+11.39.22 billion, indicating a growth of +11.3%, while the next fiscal year's estimate of 8.9 billion reflects a decline of -3.5% [8] Last Reported Results and Surprise History - In the last reported quarter, Agnico achieved revenues of 2.22billion,markingayearoveryearincreaseof+26.62.22 billion, marking a year-over-year increase of +26.6%, with an EPS of 1.26 compared to 0.57ayearago[9]ThereportedrevenuesexceededtheZacksConsensusEstimateof0.57 a year ago [9] - The reported revenues exceeded the Zacks Consensus Estimate of 2.1 billion by +6.03%, and the EPS surprise was +7.69% [10] - Agnico has consistently beaten consensus EPS and revenue estimates in the last four quarters [10] Valuation - Agnico holds a Zacks Rank 3 (Hold), indicating it may perform in line with the broader market in the near term [6][15] - The Zacks Value Style Score grades Agnico as C, suggesting it is trading at par with its peers [14]