National Bank Financial Weighs in on Alamos Gold FY2027 Earnings

Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI - Analysts at National Bank Financial issued their FY2027 earnings estimates for shares of Alamos Gold in a note issued to investors on Thursday, May 1st. National Bank Financial analyst D. Demarco forecasts that the basic materials company will post earnings of $1.42 per share for the year. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Alamos Gold's current full-year earnings is $1.29 per share.

A number of other analysts have also commented on the stock. Bank of America lowered their target price on shares of Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Scotiabank reaffirmed an "outperform" rating on shares of Alamos Gold in a research note on Monday, April 14th. StockNews.com lowered Alamos Gold from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. Finally, Royal Bank of Canada boosted their target price on Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $30.38.

Alamos Gold Trading Up 1.7 %

Shares of NYSE:AGI traded up $0.45 during trading on Monday, hitting $27.06. 3,654,965 shares of the company's stock were exchanged, compared to its average volume of 2,662,708. The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.08. The firm has a market cap of $11.38 billion, a P/E ratio of 39.22, a PEG ratio of 0.40 and a beta of 0.60. The firm has a 50-day moving average price of $26.61 and a two-hundred day moving average price of $22.33. Alamos Gold has a 1-year low of $15.01 and a 1-year high of $31.00.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last posted its quarterly earnings results on Wednesday, April 30th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.05). The firm had revenue of $333.00 million during the quarter, compared to the consensus estimate of $324.98 million. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%. Alamos Gold's revenue was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.13 EPS.

Institutional Investors Weigh In On Alamos Gold

A number of hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its stake in Alamos Gold by 296.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,375,892 shares of the basic materials company's stock worth $136,011,000 after purchasing an additional 5,516,186 shares in the last quarter. Norges Bank bought a new stake in shares of Alamos Gold during the fourth quarter worth $100,694,000. CIBC Asset Management Inc raised its holdings in shares of Alamos Gold by 59.0% during the fourth quarter. CIBC Asset Management Inc now owns 7,726,726 shares of the basic materials company's stock worth $142,936,000 after acquiring an additional 2,867,027 shares during the period. Addenda Capital Inc. acquired a new stake in shares of Alamos Gold during the fourth quarter worth $34,869,000. Finally, Raymond James Financial Inc. bought a new stake in Alamos Gold in the 4th quarter valued at $28,950,000. Institutional investors and hedge funds own 64.33% of the company's stock.

Alamos Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a yield of 0.37%. Alamos Gold's payout ratio is 16.13%.

Alamos Gold Company Profile

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.