Newmont Stock Analysis

NEM -  USA Stock  

USD 62.82  0.10  0.16%

The small pull down in market price for the last few months may encourage stakeholders to take a closer look at the firm as it is trading at a share price of 62.82 on 5,480,400 in trading volume. The company directors and management did not add much value to Newmont investors in July. However, diversifying your holdings with Newmont or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.56. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Additionally, see Stocks Correlation.

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The Newmont stock analysis report makes it easy to digest most publicly released information about Newmont and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Newmont Stock analysis module also helps to analyze the Newmont price relationship with some important fundamental indicators such as market cap and management efficiency.

Newmont Stock Analysis Notes

About 83.0% of the company shares are owned by institutional investors. The book value of Newmont was now reported as 28.87. The company has Price/Earnings To Growth (PEG) ratio of 2.28. Newmont next dividend is scheduled to be issued on the 2nd of June 2021. The entity had 1241:1000 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 14300 people. To find out more about Newmont contact Gary Goldberg at 303 837-5837 or learn more at www.newmont.com.

Newmont Quarterly Cost of Revenue

1.28 BillionShare

Newmont 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's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Newmont or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Newmont generates negative expected return over the last 90 days
Newmont has a strong financial position based on the latest SEC filings
Over 83.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Payment of 585 shares by Rhodes Blake of Newmont subject to Rule 16b-3

Newmont Upcoming and Recent Events

Earnings reports are used by Newmont 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 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.
Upcoming Quarterly Report4th of November 2021
Next Earnings Report17th of February 2022
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End17th of February 2022
Last Quarter Report30th of June 2021
Last Earning Announcement30th of September 2020

Newmont Largest EPS Surprises

Earnings surprises can significantly impact Newmont'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
2001-03-31-0.04-0.030.0125 
1999-11-10
1999-09-300.010.020.01100 
1999-07-29
1999-06-300.030.02-0.0133 
View All Earnings Estimates

Newmont SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Newmont prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Newmont investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Newmont specific information freely available to individual and institutional investors to make a timely investment decision.
22nd of July 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
29th of April 2021
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Results of Operations and Financial Condition
View
31st of March 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
19th of March 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
18th of February 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
10th of February 2021
Unclassified Corporate Event
View
27th of January 2021
Unclassified Corporate Event
View
29th of October 2020
Financial Statements and Exhibits. Results of Operations and Financial Condition
View

Newmont Thematic Classifications

In addition to having Newmont 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.
Gold and Gold Mining IdeaGold and Gold Mining
Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas
Precious Metals IdeaPrecious Metals
USA Equities from Precious Metals industry as classified by Fama & French

Newmont Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Newmont is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Newmont backward and forwards among themselves. Newmont's institutional investor refers to the entity that pools money to purchase Newmont'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.
Security TypeSharesValue
Lgt Capital Partners LtdCommon Shares1.6 M98.4 M
Alliancebernstein LpCommon Shares1.2 M77.8 M
Manning Napier Group LlcCommon Shares1.2 M75.3 M
Davenport Co Llc 1Common Shares951.1 K60.3 M
New York State Teachers Retirement SystemCommon Shares882.3 K55.9 M
Foundation Resource Management IncCommon Shares610.7 K38.7 M
Bank Julius Baer Co Ltd ZurichCommon Shares572.7 K36.3 M
Note, although Newmont's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Newmont Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 50.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newmont's market, we take the total number of its shares issued and multiply it by Newmont'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 these looking for more risk prefer small-cap and mid-cap equities.

Newmont Profitablity

Newmont's profitability indicators refer to fundamental financial ratios that showcase Newmont's ability to generate income relative to its revenue or operating costs. If, let's say, Newmont is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Newmont'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's profitability requires more research than a typical breakdown of Newmont'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 21.77 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 50.82 %, which entails that for every 100 dollars of revenue, it generated 0.51 of operating income.
Last ReportedProjected for 2021
Return on Investment 9.68  8.99 
Return on Average Assets 0.07  0.08 
Return on Average Equity 0.13  0.13 
Return on Invested Capital 0.10  0.09 
Return on Sales 0.33  0.27 

Management Efficiency

The entity has Return on Asset of 5.69 % which means that on every $100 spent on asset, it made $5.69 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 10.04 %, implying that it generated $10.04 on every 100 dollars invested. Newmont management efficiency ratios could be used to measure how well newmont manages its routine affairs as well as how well it operates its assets and liabilities. Newmont Return on Average Assets are relatively stable at the moment as compared to the past year. The company's current value of Return on Average Assets is estimated at 0.08. Return on Average Equity is expected to hike to 0.13 this year, although the value of Return on Investment will most likely fall to 8.99. Newmont Return on Average Assets are relatively stable at the moment as compared to the past year. The company's current value of Return on Average Assets is estimated at 0.08
Last ReportedProjected for 2021
Book Value per Share 28.64  24.97 
Enterprise Value over EBIT 13.00  18.47 
Enterprise Value over EBITDA 8.14  8.36 
Price to Book Value 2.09  1.80 
Tangible Assets Book Value per Share 48.05  45.37 
Enterprise Value50 B41.3 B
Tangible Asset Value38.6 B35.8 B

Technical Drivers

As of the 31st of July, Newmont secures the risk adjusted performance of (0.003454), and Mean Deviation of 1.11. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newmont, 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 nineteen technical drivers for Newmont, which can be compared to its peers in the industry. Please verify Newmont jensen alpha and downside variance to decide if Newmont is priced some-what accurately, providing market reflects its recent price of 62.82 per share. Given that Newmont has jensen alpha of (0.06), we recommend you to check Newmont's last-minute market performance to make sure the company can sustain itself at a future point.

Newmont Price Movement Analysis

The output start index for this execution was fifty-nine with a total number of output elements of two. The Moving Average is predictive technique used to analyze Newmont price data points by creating a series of averages of different subsets of Newmont entire price series. View also all equity analysis or get more info about all moving average overlap studies indicator.

Newmont 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 insiders, such as employees or executives, is commonly permitted as long as it does not rely on Newmont'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 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.

Newmont Outstanding Bonds

Newmont 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 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 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.
MaturityCouponRating
NEWMONT MNG CORP04/01/20355.875
BBB
NEWMONT MNG CORP10/01/20396.25
BBB
NEWMONT MNG CORP03/15/20223.5
BBB
NEWMONT MNG CORP03/15/20424.875
BBB

Newmont Predictive Daily Indicators

Newmont 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 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.

Newmont Forecast Models

Newmont time-series forecasting models is one of many Newmont's stock analysis techniquest aimed to predict 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'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 stock 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 stock is reacting to, or reflecting on a current stock 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. By using and applying Newmont Stock analysis, traders can create a robust methodology for identifying Newmont entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 24.41  20.29 
EBITDA Margin 0.53  0.47 
Gross Margin 0.56  0.50 
Profit Margin 0.25  0.27 
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 14300 people.

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 PriceAdvice# of Analysts
74.89Buy7Odds
Newmont current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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, talking to its executives and customers, or listening to Newmont conference calls.
Newmont Analyst Advice Details

Newmont Stock Analysis Indicators

Newmont stock analysis indicators help investors evaluate how Newmont 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 shares will generate the highest return on investment. By understating and applying Newmont stock analysis, traders can identify Newmont position entry and exit signals to maximize returns.
Quick Ratio1.73
Trailing Annual Dividend Rate1.75
Fifty Two Week Low54.18
Revenue Growth11.30%
Payout Ratio49.32%
Average Daily Volume Last 10 Day6.09M
Shares Short Prior Month9M
Average Daily Volume In Three Month6.76M
Earnings Growth-31.70%
Shares Percent Shares Out1.53%
Earnings Quarterly Growth-32.00%
Gross Margins55.29%
Forward Price Earnings16.33
Short Percent Of Float1.73%
Float Shares798.89M
Fifty Two Week High75.31
Fifty Day Average64.20
Enterprise Value To Ebitda8.70
Two Hundred Day Average63.30
Enterprise Value To Revenue4.42
Trailing Annual Dividend Yield2.83%
Additionally, see Stocks Correlation. Note that the Newmont information on this page should be used as a complementary analysis to other Newmont'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Newmont price analysis, check to measure Newmont'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 is operating at the current time. Most of Newmont's value examination focuses on studying past and present price action to predict the probability of Newmont's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Newmont's price. Additionally, you may evaluate how the addition of Newmont to your portfolios can decrease your overall portfolio volatility.
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The market value of Newmont 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's value that differs from its market value or its book value, called intrinsic value, which is Newmont'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's market value can be influenced by many factors that don't directly affect Newmont underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont's value and its price as these two are different measures arrived at by different means. Investors typically determine Newmont value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont'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.