Newmont Goldcorp Corp Stock Analysis
NEM Stock | USD 35.84 0.59 1.67% |
Newmont Goldcorp Corp is undervalued with Real Value of 45.77 and Target Price of 75.9. The main objective of Newmont Goldcorp stock analysis is to determine its intrinsic value, which is an estimate of what Newmont Goldcorp Corp is worth, separate from its market price. There are two main types of Newmont Goldcorp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Newmont Goldcorp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Newmont Goldcorp's stock to identify patterns and trends that may indicate its future price movements.
The Newmont Goldcorp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Newmont Goldcorp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Newmont Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Newmont Goldcorp's ongoing operational relationships across important fundamental and technical indicators.
Newmont |
Newmont Stock Analysis Notes
About 72.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.4. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Newmont Goldcorp Corp has Price/Earnings To Growth (PEG) ratio of 0.79. The entity recorded a loss per share of 3.05. The firm last dividend was issued on the 4th of March 2024. Newmont Goldcorp had 5:4 split on the 22nd of April 1994. Newmont Corporation engages in the production and exploration of gold. The company was founded in 1916 and is headquartered in Denver, Colorado. Newmont operates under Gold classification in the United States and is traded on New York Stock Exchange. It employs 14400 people. To find out more about Newmont Goldcorp Corp contact Gary Goldberg at 303 863 7414 or learn more at https://www.newmont.com.Newmont Goldcorp Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Newmont Goldcorp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Newmont Goldcorp Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Newmont Goldcorp generated a negative expected return over the last 90 days | |
The company reported the last year's revenue of 11.78 B. Reported Net Loss for the year was (2.52 B) with profit before taxes, overhead, and interest of 4.53 B. | |
About 72.0% of the company shares are owned by institutional investors | |
On 28th of March 2024 Newmont Goldcorp paid $ 0.25 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: METALLA REPORTS FINANCIAL RESULTS FOR THE 2023 FISCAL YEAR AND PROVIDES ASSET UPDATES |
Newmont Goldcorp Corp Upcoming and Recent Events
Earnings reports are used by Newmont Goldcorp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Newmont Goldcorp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024 Upcoming Quarterly Report | View | |
25th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
22nd of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Newmont Largest EPS Surprises
Earnings surprises can significantly impact Newmont Goldcorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2001-05-01 | 2001-03-31 | -0.04 | -0.03 | 0.01 | 25 | ||
1999-11-10 | 1999-09-30 | 0.01 | 0.02 | 0.01 | 100 | ||
1999-07-29 | 1999-06-30 | 0.03 | 0.02 | -0.01 | 33 |
Newmont Goldcorp Thematic Classifications
In addition to having Newmont Goldcorp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
CompulsionAddiction driven consumer products and services | ||
Precious MetalsUSA Equities from Precious Metals industry as classified by Fama & French | ||
Gold and Gold MiningStocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas |
Newmont Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Newmont Goldcorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Newmont Goldcorp Corp backward and forwards among themselves. Newmont Goldcorp's institutional investor refers to the entity that pools money to purchase Newmont Goldcorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Amundi | 2023-12-31 | 10.7 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 10.3 M | Fmr Inc | 2023-12-31 | 9.1 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 8.6 M | Amvescap Plc. | 2023-12-31 | 8.3 M | Legal & General Group Plc | 2023-12-31 | 8.2 M | Neuberger Berman Group Llc | 2023-12-31 | 7.9 M | Barclays Plc | 2023-12-31 | 7.8 M | Goldman Sachs Group Inc | 2023-12-31 | 6.8 M | Blackrock Inc | 2023-12-31 | 119.1 M | Vanguard Group Inc | 2023-12-31 | 118.7 M |
Newmont Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 41.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newmont Goldcorp's market, we take the total number of its shares issued and multiply it by Newmont Goldcorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Newmont Profitablity
Newmont Goldcorp's profitability indicators refer to fundamental financial ratios that showcase Newmont Goldcorp's ability to generate income relative to its revenue or operating costs. If, let's say, Newmont Goldcorp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Newmont Goldcorp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Newmont Goldcorp's profitability requires more research than a typical breakdown of Newmont Goldcorp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (0.21) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.12) %, which entails that for every $100 of revenue, it lost $0.12. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.01 | 0.01 | |
Return On Assets | (0.05) | (0.04) | |
Return On Equity | (0.09) | (0.08) |
Management Efficiency
As of the 29th of March 2024, Return On Capital Employed is likely to drop to 0.01. In addition to that, Return On Assets is likely to grow to -0.04. At this time, Newmont Goldcorp's Total Assets are very stable compared to the past year. As of the 29th of March 2024, Non Current Assets Total is likely to grow to about 50.4 B, while Other Current Assets are likely to drop about 323 M. Newmont Goldcorp's management efficiency ratios could be used to measure how well Newmont Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 1.20 | 1.14 | |
Enterprise Value Multiple | 9.64 | 12.54 | |
Price Fair Value | 1.20 | 1.14 |
The analysis of Newmont Goldcorp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Newmont Goldcorp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Newmont Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0284 | Forward Dividend Yield 0.0284 | Forward Dividend Rate 1 | Beta 0.498 |
Technical Drivers
As of the 29th of March, Newmont Goldcorp secures the Standard Deviation of 2.32, risk adjusted performance of (0.04), and Mean Deviation of 1.7. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newmont Goldcorp Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Newmont Goldcorp, which can be compared to its peers in the industry. Please verify Newmont Goldcorp Corp market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Newmont Goldcorp Corp is priced some-what accurately, providing market reflects its recent price of 35.84 per share. Given that Newmont Goldcorp Corp has information ratio of (0.15), we recommend you to check Newmont Goldcorp's last-minute market performance to make sure the company can sustain itself at a future point.Newmont Goldcorp Corp Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Newmont Goldcorp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Newmont Goldcorp Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Newmont Goldcorp Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Newmont Goldcorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Newmont Goldcorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Newmont Goldcorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Susan Story over three months ago Acquisition by Susan Story of tradable shares of Newmont Goldcorp subject to Rule 16b-3 | ||
Viljoen Natascha over three months ago Acquisition by Viljoen Natascha of 150155 shares of Newmont Goldcorp subject to Rule 16b-3 |
Newmont Goldcorp Outstanding Bonds
Newmont Goldcorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Newmont Goldcorp Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Newmont bonds can be classified according to their maturity, which is the date when Newmont Goldcorp Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
NEWMONT MNG P Corp BondUS651639AM86 | View | |
NEWMONT MNG P Corp BondUS651639AP18 | View | |
NEWMONT MNG P Corp BondUS651639AE60 | View | |
NEM 26 15 JUL 32 Corp BondUS651639AZ99 | View | |
US651639AV85 Corp BondUS651639AV85 | View | |
US651639AX42 Corp BondUS651639AX42 | View | |
US651639AW68 Corp BondUS651639AW68 | View | |
NEWMONT PORATION Corp BondUS651639AY25 | View |
Newmont Goldcorp Predictive Daily Indicators
Newmont Goldcorp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Newmont Goldcorp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 408582.0 | |||
Daily Balance Of Power | 0.59 | |||
Rate Of Daily Change | 1.02 | |||
Day Median Price | 35.87 | |||
Day Typical Price | 35.86 | |||
Price Action Indicator | 0.27 | |||
Period Momentum Indicator | 0.59 |
Newmont Goldcorp Corporate Filings
F3 | 19th of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
11th of March 2024 Other Reports | ViewVerify | |
8K | 8th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 5th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10K | 29th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F4 | 28th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 26th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 22nd of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Newmont Goldcorp Forecast Models
Newmont Goldcorp's time-series forecasting models are one of many Newmont Goldcorp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Newmont Goldcorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Newmont Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Newmont Goldcorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Newmont shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Newmont Goldcorp. By using and applying Newmont Stock analysis, traders can create a robust methodology for identifying Newmont entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | (0.17) | (0.16) | |
Operating Profit Margin | 0.06 | 0.05 | |
Net Loss | (0.21) | (0.20) | |
Gross Profit Margin | 0.1 | 0.09 |
Current Newmont Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Newmont analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Newmont analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
75.9 | Buy | 24 | Odds |
Most Newmont analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Newmont stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Newmont Goldcorp Corp, talking to its executives and customers, or listening to Newmont conference calls.
Newmont Stock Analysis Indicators
Newmont Goldcorp Corp stock analysis indicators help investors evaluate how Newmont Goldcorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Newmont Goldcorp shares will generate the highest return on investment. By understating and applying Newmont Goldcorp stock analysis, traders can identify Newmont Goldcorp position entry and exit signals to maximize returns.
Begin Period Cash Flow | 2.9 B | |
Long Term Debt | 7 B | |
Common Stock Shares Outstanding | 841 M | |
Total Stockholder Equity | 29 B | |
Tax Provision | 561 M | |
Quarterly Earnings Growth Y O Y | -0.259 | |
Property Plant And Equipment Net | 37.6 B | |
Cash And Short Term Investments | 3 B | |
Cash | 3 B | |
Accounts Payable | 960 M | |
Net Debt | 6.5 B | |
50 Day M A | 33.5488 | |
Total Current Liabilities | 6 B | |
Other Operating Expenses | 11.1 B | |
Non Current Assets Total | 48 B | |
Forward Price Earnings | 14.0056 | |
Non Currrent Assets Other | 2.5 B | |
Stock Based Compensation | 80 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Newmont Goldcorp Corp information on this page should be used as a complementary analysis to other Newmont Goldcorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Newmont Stock analysis
When running Newmont Goldcorp's price analysis, check to measure Newmont Goldcorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newmont Goldcorp is operating at the current time. Most of Newmont Goldcorp's value examination focuses on studying past and present price action to predict the probability of Newmont Goldcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newmont Goldcorp's price. Additionally, you may evaluate how the addition of Newmont Goldcorp to your portfolios can decrease your overall portfolio volatility.
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Is Newmont Goldcorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 1.45 | Earnings Share (3.05) | Revenue Per Share 14.045 | Quarterly Revenue Growth 0.237 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.