Scotiabank Has Weak Forecast for Alamos Gold FY2027 Earnings

Key Points

• Scotiabank cut its FY2027 EPS estimate for Alamos Gold slightly to $3.87 from $3.94, a modest downgrade reported on April 10.
• Most other analysts have raised target prices recently and MarketBeat shows a consensus "Buy" rating with a target of C$74.67, while the stock trades around C$66.58 (52‑week range C$32.90–C$75.78).
• Alamos reported C$0.74 EPS for the most recent quarter with a 49.07% net margin and 22.48% ROE, and it continues to pursue growth projects including the Island Gold Phase 3+ expansion and Lynn Lake.

Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Analysts at Scotiabank reduced their FY2027 EPS estimates for shares of Alamos Gold in a research report issued to clients and investors on Friday, April 10th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $3.87 per share for the year, down from their previous forecast of $3.94. The consensus estimate for Alamos Gold's current full-year earnings is $1.48 per share.

Several other research analysts also recently weighed in on AGI. Haywood Securities cut their target price on shares of Alamos Gold from C$77.50 to C$71.50 in a research note on Friday, February 6th. Bank of America boosted their target price on shares of Alamos Gold from C$67.00 to C$78.50 in a research note on Thursday, February 26th. TD Securities boosted their target price on shares of Alamos Gold from C$55.00 to C$66.00 in a research note on Thursday, January 22nd. National Bank Financial boosted their target price on shares of Alamos Gold from C$68.00 to C$75.00 and gave the company an "outperform" rating in a research note on Wednesday, January 14th. Finally, Stifel Nicolaus boosted their target price on shares of Alamos Gold from C$65.00 to C$80.00 in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat, Alamos Gold has a consensus rating of "Buy" and a consensus target price of C$74.67.

Alamos Gold Price Performance

Alamos Gold stock opened at C$66.58 on Tuesday. Alamos Gold has a 52 week low of C$32.90 and a 52 week high of C$75.78. The company has a quick ratio of 1.06, a current ratio of 1.72 and a debt-to-equity ratio of 5.27. The firm's 50-day simple moving average is C$62.89 and its 200 day simple moving average is C$54.91. The firm has a market capitalization of C$27.96 billion, a PE ratio of 31.70, a P/E/G ratio of -2.10 and a beta of 1.77.

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

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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