Company Performance - Pan American Silver (PAAS) stock increased by 2.22% to $54.27, outperforming the S&P 500's daily gain of 0.65% [1] - Over the last month, PAAS shares rose by 5.44%, lagging behind the Basic Materials sector's gain of 7.44% but surpassing the S&P 500's gain of 1.15% [1] Earnings Projections - The upcoming EPS for Pan American Silver is projected at $0.87, indicating a significant increase of 148.57% compared to the same quarter last year [2] - Revenue for the upcoming quarter is estimated at $1.1 billion, reflecting a 34.81% rise from the equivalent quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $2.21 per share, representing a change of +179.75% from the prior year, while revenue is expected to remain at $3.53 billion, showing no change [3] Analyst Sentiment - Recent modifications to analyst estimates for Pan American Silver indicate changing business trends, with positive revisions reflecting optimism about the company's profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Pan American Silver as 1 (Strong Buy), suggesting strong analyst support [6] Valuation Metrics - Pan American Silver has a Forward P/E ratio of 14.48, which is lower than the industry average of 17.91, indicating it may be trading at a discount [7] - The company's PEG ratio is currently 0.32, matching the average for the Mining - Silver industry, which also stands at 0.32 [8] Industry Ranking - The Mining - Silver industry, part of the Basic Materials sector, has a Zacks Industry Rank of 110, placing it in the top 45% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the potential for investment in this sector [9]
Why Pan American Silver (PAAS) Outpaced the Stock Market Today