AngloGold Ashanti (AU) Declines More Than Market: Some Information for Investors

Group 1: Company Performance - AngloGold Ashanti's recent trading session ended at $47.46, reflecting a -1.06% change from the previous day's closing price, underperforming compared to the S&P 500's daily loss of 0.4% [1] - The company's shares experienced a loss of 3.44% over the previous month, lagging behind the Basic Materials sector's gain of 2.16% and the S&P 500's gain of 4.97% [1] Group 2: Earnings Forecast - AngloGold Ashanti is projected to report earnings of $1.31 per share, indicating a year-over-year growth of 118.33%, with revenue expected to be $2.32 billion, showing a 67.73% increase compared to the same quarter last year [2] - For the entire year, the Zacks Consensus Estimates forecast earnings of $4.99 per share and revenue of $8.85 billion, representing changes of +125.79% and +52.81%, respectively, compared to the previous year [3] Group 3: Analyst Sentiment - Recent revisions to analyst forecasts for AngloGold Ashanti are important as they reflect changing near-term business trends, with positive estimate revisions indicating analyst optimism about the company's profitability [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that AngloGold Ashanti currently holds a Zacks Rank of 1 (Strong Buy), with a 1.56% upward shift in the consensus EPS estimate over the past month [6] Group 4: Valuation Metrics - AngloGold Ashanti is currently traded at a Forward P/E ratio of 9.62, which is a discount compared to the industry average Forward P/E of 13.31 [7] - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 15, placing it in the top 7% of over 250 industries [7]