The shares of Agnico Eagle Mines Limited (NYSE:AEM) has been pegged with a rating of Outperform by Credit Suisse in its latest research note that was published on September 10th, 2018. Credit Suisse wasn’t the only research firm that published a report of Agnico Eagle Mines Limited, with other equities research analysts also giving their opinion on the stock. National Bank Financial advised investors in its research note published on August 9th, 2018, to Outperform the AEM stock. The stock had earned Outperform rating from RBC Capital Mkts when it published its report on July 30th, 2018. The stock was given Buy rating by TD Securities in its report released on February 28th, 2018. National Bank Financial was of a view that AEM is Sector Perform in its latest report on February 16th, 2018. Citigroup thinks that AEM is worth Neutral rating. This was contained in the firm’s report on November 30th, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $47.71. The price of the stock the last time has raised by 14.01% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 56.84.
The shares of the company added by 2.34% during the trading session on Tuesday, reaching a low of $36.12 while ending the day at $36.69. During the trading session, a total of 2.97 million shares were traded which represents a -74.54% decline from the average session volume which is 1.70M shares. AEM had ended its last session trading at 35.85. Agnico Eagle Mines Limited currently has a market cap of $8.56B, while its P/E ratio stands at 84.34, while its P/E earnings growth sits at 3.86, with a beta of -0.56. Agnico Eagle Mines Limited debt-to-equity ratio currently stands at 0.35, while its quick ratio hovers at 1.90. AEM 52-week low price stands at $32.18 while its 52-week high price is $49.80.
The company in its last quarterly report recorded $0.01 earnings per share which is above the -$0.03 predicted by most analysts. The Agnico Eagle Mines Limited generated $518.68 million in revenue during the last quarter, which is slightly higher than the $510.73 million predicted by analysts. In the second quarter last year, the firm recorded $0.01 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by 0%. Agnico Eagle Mines Limited has the potential to record 0.44 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Robert W. Baird published a research note on December 3rd, 2018 where it informed investors and clients that Stanley Black & Decker, Inc. (NYSE:SWK) is now rated as Outperform. National Bank Financial also rated SWK as Upgrade on August 9th, 2018, with its price target of $9 suggesting that SWK could surge by 14.3% from its current share price. Even though the stock has been trading at $136.02/share, analysts expect it to surge higher by -7.11% to reach $147.43/share. It started the day trading at $135.75 and traded between $126 and $126.35 throughout the trading session.
A look at its technical shows that SWK’s 50-day SMA is 128.68 while its 200-day SMA stands at 141.25. The stock has a high of $176.62 for the year while the low is $106.41. The company’s P/E ratio currently sits at 18.53, while the P/B ratio is 2.55. The company’s average trading volume currently stands at 1.62M shares, which means that the short-interest ratio is just 2.21 days. Over the past seven days, the company moved, with its shift of 0.38%. Looking further, the stock has dropped -11.24% over the past 90 days while it lost -11.46% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more SWK shares, decreasing its portfolio by -0.41% during the last quarter. This move now sees The Vanguard Group Inc selling -48,276 shares in the last quarter, thus it now holds 11,753,203 shares of SWK, with a total valuation of $1,369,483,214. JPMorgan Investment Management I meanwhile bought more SWK shares in the recently filed quarter, changing its stake to $1,004,613,185 worth of shares. SSgA Funds Management Inc followed the path by increasing its SWK portfolio by +5.24% in the quarter. This means that SSgA Funds Management Inc bought 350,874 shares in the last quarter and now controls 7,052,760 shares of the SWK stock, with the valuation hitting $821,787,595.
Similarly, Massachusetts Financial Services decreased its Stanley Black & Decker, Inc. shares by -1.22% during the recently filed quarter. Following these latest developments, around 0.20% of Stanley Black & Decker, Inc. stocks are owned by institutional investors and hedge funds.