Iamgold Corp (NYSE:IAG) shares traded during most recent session to reach at the closing price of $3.68. The stock exchanged hands on average of 3.62 Million shares, yielding a market cap of $1.72 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $7.65 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Iamgold Corp (NYSE:IAG) high price target of $9.05 and with a conservative view have low price target of $6.25.
Desjardins “Downgrades” Iamgold Corp (NYSE:IAG) in a research note issued to investors on 6/07/18 to Hold with price target of $0.
Additionally on 4/13/18 Bank of America “Upgrades” Iamgold Corp (NYSE:IAG) to Buy setting price target at $ and on 9/29/17 Canaccord Genuity “Downgrades” the stock to Hold at $. Furthermore on 9/06/17 CIBC “Upgrades” the stock to Outperformer at $.
On the other hand the company has Relative Strength Index (RSI 14) of 38.82 along with Average True Range (ATR 14) of 0.18, Consequently Iamgold Corp (NYSE:IAG)’s weekly and monthly volatility is 4.35%, 4.64% respectively. The company’s beta value is at -0.36.
In terms of Buy, Sell or Hold recommendations, Iamgold Corp (NYSE:IAG) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Iamgold Corp (NYSE:IAG)’s minimum EPS for the current quarter is at $-0.01 and can go high up to $0.06. The consensus mean EPS for the current quarter is at $0.01 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.01 earnings per share for the same quarter during last year.
Previously Iamgold Corp (NYSE:IAG) reported $-0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $-0.05. The company posted an earnings surprise of -250%.
Iamgold Corp (NYSE:IAG)’s revenue estimates for the current quarter are $301.19 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $314.92 Million in contradiction of low revenue estimates of $287.46 Million. For the current year the company’s revenue estimates are $1.16 Billion compared to low analyst estimates of $1.11 Billion and high estimates of $1.24 Billion according to 10 number of analysts.
Currently Iamgold Corp (NYSE:IAG)’s shares owned by insiders are 1.7%, whereas shares owned by institutional owners are 76.8%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.1%.
Iamgold Corp (NYSE:IAG)’s trailing twelve month revenues are $1.15 Billion, whereas its price to sales ratio for the same period is 1.49. Its book value per share for the most recent quarter is $6.03 while its price to book ratio for the same period is 0.61, as for as the company’s cash per share for the most recent quarter is $1.66, however its price to cash per share ratio for the same period is 2.22. The stock has 5 year expected PEG ratio of 20.11 whereas its trailing twelve month P/E ratio is 60.33.