In the latest close session, Agnico Eagle Mines (AEM) was down 3.47% at $137.29. The stock's performance was behind the S&P 500's daily loss of 0.51%. At the same time, the Dow lost 0.2%, and the tech-heavy Nasdaq lost 1.47%.
Shares of the gold mining company have depreciated by 17.78% over the course of the past month, underperforming the Basic Materials sector's loss of 8.52%, and the S&P 500's gain of 0.53%.
The upcoming earnings release of Agnico Eagle Mines will be of great interest to investors. The company's earnings report is expected on July 29, 2026. In that report, analysts expect Agnico Eagle Mines to post earnings of $3.06 per share. This would mark year-over-year growth of 57.73%. Alongside, our most recent consensus estimate is anticipating revenue of $3.94 billion, indicating a 39.96% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.44 per share and a revenue of $16.35 billion, signifying shifts of +50.24% and +37.27%, respectively, from the last year.
Any recent changes to analyst estimates for Agnico Eagle Mines should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 5.78% lower. Agnico Eagle Mines presently features a Zacks Rank of #4 (Sell).
Looking at valuation, Agnico Eagle Mines is presently trading at a Forward P/E ratio of 11.43. This signifies a premium in comparison to the average Forward P/E of 9.55 for its industry.
It's also important to note that AEM currently trades at a PEG ratio of 1.87. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Mining - Gold industry was having an average PEG ratio of 0.64.
The Mining - Gold industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 228, this industry ranks in the bottom 8% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report
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