National Bank Financial Comments on AEM FY2025 Earnings

Key Points

• National Bank Financial has increased its FY2025 earnings per share (EPS) estimate for Agnico Eagle Mines to $7.73 from $7.50, with a projected FY2026 EPS of $9.26.
• The company reported a strong quarterly performance, achieving earnings of $1.94 per share and revenue of $2.86 billion, surpassing analyst expectations.
• Analyst ratings for Agnico Eagle Mines show a consensus of "Buy" with five analysts rating it as a "Strong Buy," indicating positive market sentiment.

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Investment analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for Agnico Eagle Mines in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the mining company will earn $7.73 per share for the year, up from their previous forecast of $7.50. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share. National Bank Financial also issued estimates for Agnico Eagle Mines' FY2026 earnings at $9.26 EPS.

Several other research analysts also recently commented on the company. TD Securities raised Agnico Eagle Mines to a "strong-buy" rating in a report on Thursday, July 17th. Bank of America raised their price target on Agnico Eagle Mines from $170.00 to $173.00 and gave the company a "buy" rating in a research note on Monday, June 23rd. CIBC reiterated an "outperform" rating on shares of Agnico Eagle Mines in a research report on Tuesday, July 15th. Zacks Research cut Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 2nd. Finally, National Bankshares reissued an "outperform" rating on shares of Agnico Eagle Mines in a research note on Tuesday, June 24th. Five equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $141.40.

Agnico Eagle Mines Price Performance

NYSE AEM opened at $160.02 on Friday. The stock has a market capitalization of $80.46 billion, a PE ratio of 27.21, a P/E/G ratio of 1.06 and a beta of 0.45. Agnico Eagle Mines has a twelve month low of $75.17 and a twelve month high of $164.64. The stock has a 50-day simple moving average of $140.22 and a 200 day simple moving average of $123.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.16 and a current ratio of 2.03.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last posted its quarterly earnings data on Wednesday, July 30th. The mining company reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.11. The firm had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.46 billion. Agnico Eagle Mines had a net margin of 30.63% and a return on equity of 13.79%. The company's quarterly revenue was up 35.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 EPS.

Institutional Trading of Agnico Eagle Mines

A number of large investors have recently modified their holdings of AEM. Norges Bank acquired a new position in Agnico Eagle Mines during the 2nd quarter valued at about $938,644,000. TD Asset Management Inc raised its position in Agnico Eagle Mines by 42.8% during the first quarter. TD Asset Management Inc now owns 9,033,296 shares of the mining company's stock worth $978,553,000 after acquiring an additional 2,709,005 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Agnico Eagle Mines by 38.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 8,296,796 shares of the mining company's stock valued at $987,398,000 after acquiring an additional 2,319,131 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in Agnico Eagle Mines by 48.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,528,022 shares of the mining company's stock valued at $538,506,000 after acquiring an additional 1,474,385 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Agnico Eagle Mines by 53.1% in the second quarter. Invesco Ltd. now owns 4,164,046 shares of the mining company's stock valued at $495,230,000 after purchasing an additional 1,444,746 shares during the period. Hedge funds and other institutional investors own 68.34% of the company's stock.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.

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