FY2025 EPS Estimates for Alamos Gold Lowered by Analyst

Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI - Investment analysts at National Bank Financial dropped their FY2025 earnings estimates for shares of Alamos Gold in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco now expects that the basic materials company will post earnings of $1.52 per share for the year, down from their previous forecast of $1.98. 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. National Bank Financial also issued estimates for Alamos Gold's FY2026 earnings at $2.19 EPS.

Other equities research analysts have also issued reports about the stock. Bank of America reduced their target price on shares of Alamos Gold from $31.00 to $30.50 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Scotiabank reissued an "outperform" rating on shares of Alamos Gold in a report on Monday, April 14th. Wall Street Zen lowered shares of Alamos Gold from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Royal Bank Of Canada boosted their target price on shares of Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a report on Friday, April 4th. Finally, Stifel Nicolaus began coverage on shares of Alamos Gold in a report on Wednesday, July 9th. They set a "buy" rating on the stock. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $30.38.

Alamos Gold Price Performance

Shares of Alamos Gold stock traded down $0.47 during midday trading on Friday, hitting $24.91. 1,002,634 shares of the company traded hands, compared to its average volume of 2,948,016. The stock has a market cap of $10.47 billion, a price-to-earnings ratio of 40.24, a PEG ratio of 0.54 and a beta of 0.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.94 and a current ratio of 1.49. The firm's fifty day moving average price is $26.29 and its 200-day moving average price is $24.74. Alamos Gold has a 12 month low of $15.74 and a 12 month high of $31.00.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last issued its earnings results on Wednesday, April 30th. The basic materials company reported $0.14 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 analyst estimates of $324.98 million. Alamos Gold had a net margin of 18.36% and a return on equity of 9.83%. Alamos Gold's quarterly revenue was up 20.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.13 earnings per share.

Alamos Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, June 12th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $0.10 annualized dividend and a yield of 0.40%. Alamos Gold's payout ratio is 16.13%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Banque Transatlantique SA purchased a new stake in shares of Alamos Gold in the first quarter valued at about $31,000. Sunbelt Securities Inc. purchased a new stake in shares of Alamos Gold in the first quarter valued at about $41,000. SBI Securities Co. Ltd. raised its holdings in shares of Alamos Gold by 67.0% in the first quarter. SBI Securities Co. Ltd. now owns 1,645 shares of the basic materials company's stock valued at $44,000 after purchasing an additional 660 shares during the last quarter. SVB Wealth LLC purchased a new stake in shares of Alamos Gold in the first quarter valued at about $67,000. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Alamos Gold in the first quarter valued at about $68,000. Institutional investors and hedge funds own 64.33% of the company's stock.

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.

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