Scotiabank Estimates Alamos Gold's FY2027 Earnings (TSE:AGI)

Key Points

• Scotiabank slightly trimmed its FY2027 EPS estimate for Alamos Gold to $3.87 from $3.89 per share in a May 6 research note.
• Most other analysts have raised price targets (Bank of America, Canaccord, CIBC, TD), leaving the stock with an average target of C$76.20 and a consensus rating of Buy, versus a recent share price around C$57.88.
• Alamos reported a strong quarter with C$0.76 EPS, C$829.6M revenue, a 51.4% net margin and 25.2% return on equity, supporting its premium valuation (market cap ~C$24.3B, P/E ~23.1).

Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Stock analysts at Scotiabank decreased their FY2027 EPS estimates for Alamos Gold in a research report issued to clients and investors on Wednesday, May 6th. Scotiabank analyst O. Habib now expects that the company will earn $3.87 per share for the year, down from their previous forecast of $3.89. 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 issued its quarterly earnings data on Wednesday, April 29th. The company reported C$0.76 EPS for the quarter. The business had revenue of C$829.59 million for the quarter. Alamos Gold had a net margin of 51.42% and a return on equity of 25.24%.

A number of other analysts have also commented on the company. Bank of America boosted their price target on Alamos Gold from C$67.00 to C$78.50 in a report on Thursday, February 26th. Canaccord Genuity Group lifted their target price on Alamos Gold from C$72.00 to C$80.00 in a research report on Wednesday, April 8th. Haywood Securities cut their target price on Alamos Gold from C$77.50 to C$71.50 in a research note on Friday, February 6th. Canadian Imperial Bank of Commerce upped their price target on Alamos Gold from C$80.00 to C$90.00 in a research report on Thursday, February 26th. Finally, TD raised their price target on shares of Alamos Gold from C$70.00 to C$78.00 and gave the stock a "buy" rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$76.20.

Alamos Gold Price Performance

AGI stock opened at C$57.88 on Friday. The stock has a 50-day moving average price of C$63.09 and a two-hundred day moving average price of C$56.34. Alamos Gold has a 1 year low of C$33.11 and a 1 year high of C$75.78. The stock has a market cap of C$24.31 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of -2.10 and a beta of 1.78. The company has a current ratio of 1.74, a quick ratio of 1.06 and a debt-to-equity ratio of 4.77.

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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