Were Analysts Bearish Agnico Eagle Mines Limited (NYSE:AEM) This Week?

Lester Mason
April 25, 2018

The company reported C$0.27 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of C$0.24 by C$0.03. About 628,200 shares traded. About 296,269 shares traded. The Bidvest Group Limited (OTCMKTS:BDVSY) has 0.00% since April 23, 2017 and is. It has outperformed by 0.01% the S&P500.

Agnico Eagle Mines Limited (NYSE:AEM) had an increase of 62.51% in short interest. Moreover, Karpus Management Inc. has 2.17% invested in the company for 3.42 million shares. Bank Of Ny Mellon Corp stated it has 10.25M shares. The Gross Margin Score of Agnico Eagle Mines Limited (NYSE:AEM) is 20. The Price to Book ratio for Agnico Eagle Mines Limited NYSE:AEM is 2.06029. Its up 0.28, from 1.14 in 2017Q3. It has underperformed by 17.67% the S&P500. Agnico Eagle Mines Limited (NYSE:AEM) has declined 6.12% since April 22, 2017 and is downtrending. Therefore 40% are positive. Canaccord Genuity cut their price target on shares of Agnico Eagle Mines from C$77.00 to C$68.00 in a report on Monday. The stock has an average rating of "Hold" and an average price target of C$67.17. The price index of Agnico Eagle Mines Limited (NYSE:AEM) for last month was 1.1018. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. The firm has "Outperform" rating given on Thursday, June 15 by Raymond James. The rating was maintained by RBC Capital Markets with "Hold" on Sunday, December 3.

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. The company has a market cap of $10,299.66, a price-to-earnings ratio of 39.78, a PEG ratio of 71.03 and a beta of -0.43. It operates through three divisions: Northern Business, Southern Business, and Exploration. It has a 18.5 P/E ratio. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits.

Since April 11, 2018, it had 0 buys, and 4 sales for $1.61 million activity. Essex Fincl holds 0.11% in Valero Energy Corporation (NYSE:VLO) or 5,053 shares. Stewart Michael J sold 2,219 shares worth $94,529. On Tuesday, January 23 the insider BALLARD WILLIAM C JR sold $2.46M. The stock decreased 1.34% or $0.59 during the last trading session, reaching $43.57. The insider Deputy Christine sold 8,122 shares worth $398,140.

Among 27 analysts covering UnitedHealth Group (NYSE:UNH), 27 have Buy rating, 0 Sell and 0 Hold. Therefore 41% are positive. Sabra Health Care REIT had 51 analyst reports since July 21, 2015 according to SRatingsIntel. GMP Securities downgraded Agnico Eagle Mines from a "buy" rating to a "hold" rating in a research note on Wednesday, February 21st. The firm earned "Buy" rating on Thursday, August 6 by Mizuho. Van ECK Associates Corp now owns 16,405,344 shares of the mining company's stock valued at $689,024,000 after buying an additional 1,211,074 shares during the period. Stifel Nicolaus maintained it with "Hold" rating and $26.0 target in Friday, September 15 report. JP Morgan upgraded the stock to "Overweight" rating in Wednesday, March 29 report. The firm has "Buy" rating by Piper Jaffray given on Tuesday, April 17. RBC Capital Markets maintained the stock with "Buy" rating in Wednesday, July 19 report.

Nuveen Amt-free Municipal Value Fund (NYSE:NUW) institutional sentiment increased to 1.42 in 2017 Q4. Its up 0.05, from 0.91 in 2017Q3. It turned negative, as 68 investors sold Nordstrom, Inc. shares while 144 reduced holdings. 138 funds opened positions while 426 raised stakes. The hedge fund run by Eric Sprott held 169,264 shares of the precious metals company at the end of 2017Q4, valued at $7.82 million, down from 177,830 at the end of the previous reported quarter.

Castine Capital Management Llc decreased its stake in First Merchants Corp (FRME) by 5.57% based on its latest 2017Q4 regulatory filing with the SEC. Tru Of Toledo Na Oh reported 0.12% stake. Given that its average daily volume over the 30 days has been 1.54 million shares a day, this signifies a pretty significant change over the norm.

In addition to ROA, there are a number of additional ratios and Quant signals available to investors in order to decipher if the shares are a good fit for their portfolio. (NYSE:JWN) for 10,950 shares. Srb has invested 0.03% in Nordstrom, Inc. Centurylink Investment reported 11,418 shares. Renaissance Grp Limited owns 166,095 shares. Neuberger Berman Gp Lc owns 230,263 shares or 0.01% of their USA portfolio.

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