Analysts See $0.24 EPS for Barrick Gold Corp (USA) (ABX)

19 July, 2017, 12:32 | Author: Pamela Mathis

Bluestein R H & Company decreased its stake in Barrick Gold Corp (ABX) by 31.7% based on its latest 2016Q4 regulatory filing with the SEC. Bennicas & Associates Inc. increased its stake in Barrick Gold Corporation by 4.3% in the first quarter. Candriam Luxembourg S.C.A. now owns 32,133 shares of the basic materials company's stock worth $609,000 after buying an additional 5,030 shares in the last quarter. Gemmer Asset Management LLC bought a new stake in Barrick Gold Corporation during the first quarter valued at about $155,000. Legal & General Group Plc now owns 5,124,109 shares of the basic materials company's stock valued at $97,047,000 after buying an additional 5,122,085 shares in the last quarter. Zacks Investment Research downgraded Barrick Gold Corporation from a hold rating to a sell rating in a report on Tuesday, July 11th.

The stock increased 1.04% or $0.08 during the last trading session, reaching $7.79. Arlington Capital Management Inc. increased its stake in Barrick Gold Corporation by 4.4% in the first quarter. Hedge funds and other institutional investors own 57.95% of the company's stock. Barrick Gold Corp has a one year low of $18.52 and a one year high of $29.97. The company's 50-day moving average is $21.92 and its 200 day moving average is $23.35. Amici Capital Llc who had been investing in Barrick Gold Corp (Call) for a number of months, seems to be bullish on the $19.11B market cap company.

Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) last announced its quarterly earnings results on Monday, April 24th.

While looking at the Stock's Performance, Barrick Gold Corporation now shows a Weekly Performance of 4.17%, where Monthly Performance is 0.25%, Quarterly performance is -19.36%, 6 Months performance is -5.33% and yearly performance percentage is -25.52%. The firm had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $2.22 billion.

06/23/2017 - Barrick Gold Corporation had its " rating reiterated by analysts at Deutsche Bank.

The Amarin Corporation PLC (AMRN) Lifted to "Strong-Buy" at BidaskClub
The stock of McCormick & Company, Incorporated (NYSE:MKC) has "Mkt Perform" rating given on Friday, September 16 by Bernstein. State Of New Jersey Common Pension Fund D owns 0% invested in Amarin Corporation plc (ADR) (NASDAQ:AMRN) for 226,033 shares.


As of late the company also disclosed a divided for the quarter, to be paid on Early Thur, Jun 15th. During the same period past year, the company earned $0.11 earnings per share. Barrick Gold Corp. had 63 analyst reports since August 6, 2015 according to SRatingsIntel. The ex-dividend date was Friday, May 26th.

At present the return on equity (ROE) stands at 18.10% and the debt to equity stands at 0.9. Barrick Gold Corporation's dividend payout ratio (DPR) is presently 9.92%. The original version of this news story can be accessed at https://www.com-unik.info/2017/07/17/barrick-gold-corporation-abx-receives-buy-rating-from-jefferies-group-llc.html. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of worldwide copyright & trademark laws. Fool.ca's news article titled: "Will Barrick Gold Corp".

Other analysts have also issued reports about the stock. The stock of Barrick Gold Corp (USA) (NYSE:ABX) has "Hold" rating given on Thursday, May 25 by TD Securities. Scotiabank restated a "sector perform" rating and set a C$30.00 price objective on shares of Barrick Gold Corp in a research report on Friday, April 7th. RBC Capital Markets maintained Barrick Gold Corp (USA) (NYSE:ABX) on Monday, June 12 with "Buy" rating.

Stock market analysts watching Barrick Gold Corporation (NYSE:ABX) have recently changed their ratings on the stock. Barrick Gold Corp now has an average rating of "Hold" and a consensus price target of C$26.00.

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Barrick Gold Corporation as 2.16 Billion. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development.

Recommended:

  • TCI Wealth Advisors Inc. Has $612000 Position in Medtronic PLC (MDT)

    Following the completion of the transaction, the director now owns 71,910 shares of the company's stock, valued at $6,392,799. It improved, as 115 investors sold MDT shares while 468 reduced holdings. 123 funds opened positions while 351 raised stakes.
    Europe To Get 128GB Premium Version Of The Honor 9

    Europe To Get 128GB Premium Version Of The Honor 9

    Connectivity suite of the phone offers Bluetooth, Wi-Fi, NFC, GPS/ A-GPS, 3G, 4G with VoLTE, GPRS/ EDGE, and a USB Type-C port. Now, it has come to light that the 6GB/128GB variant will be available in Europe as the Honor 9 Premium.

    Quarterly Financial Review of Amarin Corporation PLC (NASDAQ:AMRN)

    Oxford Asset Management acquired a new stake in Amarin Corporation PLC during the fourth quarter worth $230,000. Renaissance Technologies LLC increased its position in Amarin Corporation PLC by 662.8% in the fourth quarter.
  • British Airways Reveals New Celebrity-Filled Safety Video

    British Airways Reveals New Celebrity-Filled Safety Video

    Bean and fumbles around his seat for loose change to place in a Flying Start envelope. To end the safety video, Rowan Atkinson channels his inner Mr.
    Clinton less popular than Trump

    Clinton less popular than Trump

    Twenty-one percent said their view of President Trump was "very favorable;" 13 percent had "very favorable" opinions of Clinton. Her lowest favorability number ever recorded was 38 percent in a Gallup poll , just one point lower than this poll.
    Boy, 9, among 11 killed in weekend Chicago shootings

    Boy, 9, among 11 killed in weekend Chicago shootings

    A second victim, a 31-year-old man was shot in the back, face and chest and listed in critical condition at Advocate Christ Medical Center, police said.
  • Stock Showing Surging Activity: Tenet Healthcare Corp. (THC)

    Morgan Stanley initiated coverage on shares of Tenet Healthcare Corporation in a research note on Tuesday, June 6th. The analysts estimated mean EPS at 1.55 while the high and low EPS estimate stand at 1.81 and 1.15 respectively.
    Samsung to manufacture A12 chipset for Apple iPhones

    Samsung to manufacture A12 chipset for Apple iPhones

    From the report , the 2017 model will be valued at about $300 less the price of iPhone 8, which should be a decent price tag. Reports have indicated the iPhone 8 will come with a bezel-less OLED display, and 3D face scanning for unlocking the device.
    Rajkumar Hirani to play cameo in Ranbir Kapoor starrer Sanjay Dutt biopic?

    Rajkumar Hirani to play cameo in Ranbir Kapoor starrer Sanjay Dutt biopic?

    Talking about her part in Dutt's biopic, she said, " I am doing a cameo in the film but you all should be very excited for it. Meanwhile, Anushka Sharma's Jab Harry Met Sejal , co-starring Shah Rukh Khan, is set to release in theatres on August 4.
  • BBC publishes salaries of highest earning stars

    BBC publishes salaries of highest earning stars

    In a video sent to staff, Lord Hall said: 'Of the talent earning over £150,000 - two thirds are men and one third are women. It will make it enormously hard for them to remain competitive and could mean they cannot retain talent.
    The Open: Schwartzel tees off alongside Johnson, McIlroy

    The Open: Schwartzel tees off alongside Johnson, McIlroy

    In golf, I guess you're only a couple of good shots and picking up some nice solid feelings away from having a really good week. Nor would many realise he finished T5 at the 2006 Open at Hoylake, all of which makes him the nearly flawless long shot.

    Marvell Technology Group (NASDAQ:MRVL) Earning Somewhat Positive Media Coverage, Accern Reports

    The Firm develops System-on-a-Chip devices. 6/18/2017 - Marvell Technology Group had its "buy" rating reaffirmed by analysts at B. It increased, as 25 investors sold MRVL shares while 106 reduced holdings. 58 funds opened positions while 77 raised stakes.


Popular

Card surcharges to be banned
A typical charge could be as high as 3% (with Flybe), 50p (with Hungry House and Just Eat) or 2.5% (many local authorities). Credit card surcharges are to be outlawed by the government, after new rules were unveiled today to ban the practice.

USA seeks to recover $144m in Nigeria oil industry bribery case
President Buhari cancelled the oil swap contracts in November 2015. "I remember we had this open discussion a couple of times ". Following a mortgage default, lender Banque Havilland SA launched foreclosure proceedings on the condominium in January.

Arab states vow to maintain boycotts on Qatar
The officials said it remains unclear whether the UAE carried out the hacks itself or contracted to have them done. Funding, supporting, and enabling extremists from the Taliban to Hamas and Gaddafi .

European Union considers additional sanctions against North Korea
South Korea usually refers to loudspeaker propaganda broadcasts by both sides, while the North wants a halt to routine joint U.S. But he has achieved little progress, with North Korea test-firing a series of newly developed missiles.

Biogen Breaks Above 200-Day Moving Average - Bullish for BIIB
BIIB's current price-earnings ratio amounts to 17.61 times earnings, above the average P/E ratio of 11.84 times earnings. Premier Inc now has $4.98 billion valuation. (NVAX) stock showed the move of 0.00% with the closing price of $1.17.

Saturna Capital CORP Buys Shares of 6620 National Oilwell Varco, Inc. (NOV)
FNY Partners Fund LP bought a new stake in National Oilwell Varco during the first quarter valued at approximately $120,000. National Oilwell Varco had 81 analyst reports since July 31, 2015 according to SRatingsIntel. (NYSE:NOV) for 3.40M shares.

France calls for lifting of sanctions on Qatar citizens
They also highlighted that terrorism had distorted the image of Islam, due to the policies of the states that support and fund extremist groups.

Disney Cruise Line orders third LNG-powered cruise ship for 2022
Disney's adventure is included in the seven-day trips that the cruise, which departs from NY , has to offer. What is known is that the three new ships will be powered by clean-burning liquefied natural gas (LNG).

The KLA-Tencor Corporation (KLAC) Shares Sold by Paloma Partners Management Co
The semiconductor company reported $1.62 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.54 by $0.08. The firm has "Sector Perform" rating by Scotia Capital given on Friday, April 7. (NASDAQ:AMZN) rating on Friday, January 29.

Data shows cities are finding an alarming number of discarded needles
The Clean River Project on the Merrimack River in Lowell, Mass. has collected needles floating down the river. The country's opioid epidemic is posing pollution problems due to used needles.