Core Viewpoint - Pan American Silver (PAAS) has shown strong stock performance recently, with significant gains in both the short and long term, and upcoming earnings are expected to reflect substantial growth in earnings per share (EPS) and revenue. Group 1: Stock Performance - PAAS closed at $28.96, up 1.05% from the previous trading session, outperforming the S&P 500, which gained 0.38% [1] - The stock has increased by 26.76% over the past month, leading the Basic Materials sector's gain of 4.23% and the S&P 500's gain of 6.6% [1] Group 2: Earnings Expectations - Analysts predict PAAS will report an EPS of $0.33, indicating a 200% growth compared to the same quarter last year [2] - Revenue is expected to reach $740.32 million, reflecting a 7.87% increase from the year-ago quarter [2] - For the full year, earnings are projected at $1.47 per share and revenue at $3 billion, marking changes of +86.08% and +6.44% respectively from last year [3] Group 3: Analyst Forecasts - Recent revisions to analyst forecasts for PAAS are important as they indicate changing business trends, with upward revisions suggesting positive sentiment towards the company's operations [4] - The Zacks Consensus EPS estimate has increased by 2.58% in the past month, and PAAS currently holds a Zacks Rank of 3 (Hold) [6] Group 4: Valuation Metrics - PAAS has a Forward P/E ratio of 19.46, which is a discount compared to the industry average Forward P/E of 25.8 [7] - The company has a PEG ratio of 0.53, indicating favorable valuation relative to its expected earnings growth [7] Group 5: Industry Context - The Mining - Silver industry, part of the Basic Materials sector, has a Zacks Industry Rank of 26, placing it in the top 11% of over 250 industries [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a strong industry outlook [8]
Pan American Silver (PAAS) Beats Stock Market Upswing: What Investors Need to Know