FY2027 EPS Estimates for Alamos Gold Increased by Scotiabank

Key Points

• Scotiabank raised its FY2027 EPS estimate for Alamos Gold to $3.89 from $3.87, versus the current consensus full-year EPS of $1.48.
• Multiple brokers (TD, Stifel, Canaccord) have recently lifted price targets and the stock holds a consensus "Buy" rating with a consensus target price of C$76.20.

Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Analysts at Scotiabank increased their FY2027 earnings estimates for Alamos Gold in a research note issued on Thursday, April 23rd. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $3.89 for the year, up from their prior forecast of $3.87. The consensus estimate for Alamos Gold's current full-year earnings is $1.48 per share.

Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last announced its quarterly earnings results on Thursday, February 19th. The company reported C$0.74 EPS for the quarter. The firm had revenue of C$765.13 million during the quarter. Alamos Gold had a net margin of 49.07% and a return on equity of 22.48%.

A number of other analysts have also recently commented on the stock. TD increased their price target on shares of Alamos Gold from C$70.00 to C$78.00 and gave the company a "buy" rating in a research note on Tuesday, April 21st. Stifel Nicolaus increased their price target on shares of Alamos Gold from C$65.00 to C$80.00 in a research note on Tuesday, February 10th. Canaccord Genuity Group increased their price target on shares of Alamos Gold from C$72.00 to C$80.00 in a research note on Wednesday, April 8th. TD Securities increased their price target on shares of Alamos Gold from C$55.00 to C$66.00 in a research note on Thursday, January 22nd. Finally, Haywood Securities cut their price target on shares of Alamos Gold from C$77.50 to C$71.50 in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of C$76.20.

Alamos Gold Stock Performance

Shares of AGI stock opened at C$59.37 on Tuesday. The stock has a market cap of C$24.93 billion, a P/E ratio of 28.27, a P/E/G ratio of -2.10 and a beta of 1.77. The company has a debt-to-equity ratio of 5.27, a current ratio of 1.72 and a quick ratio of 1.06. The company has a fifty day moving average price of C$64.07 and a two-hundred day moving average price of C$56.03. Alamos Gold has a one year low of C$32.90 and a one year high of C$75.78.

Alamos Gold Company Profile

Alamos is a Canadian-based intermediate gold producer with diversified production from three operations in North America. This includes the Island Gold District and Young-Davidson mine in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development.

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