Analysis Newmont Goldcorp Corp (NEM)
6/3/2024
Analysis of Newmont Goldcorp Corp (NEM)
Newmont Goldcorp Corp, also known as NEM, has shown some interesting trends in the past few days:1. **Price Movement**: The closing prices have been fluctuating between $41.23 and $44.44, showing some volatility in the stock.
2. **Relative Strength Index (RSI)**: The RSI values have been hovering around 50-70, indicating a moderate to strong bullish momentum in the stock.
3. **Moving Average Convergence Divergence (MACD)**: The MACD line has been above the signal line, suggesting a bullish trend. However, the MACD histogram has shown some decrease, indicating a possible weakening of the bullish momentum.
4. **Moving Averages (MA)**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) have been relatively close to each other, indicating a stable trend.
Overall, Newmont Goldcorp Corp seems to be in a bullish phase with some signs of potential consolidation or a slight pullback in the near future. Traders and investors should keep an eye on the MACD histogram for any changes in momentum.
Earnings
The company's results for the most recent quarter ending on April 30, 2025, have not been provided at this time. The previous results were reported on February 27, 2025, through the Transfer Agent. Before that, on January 31, 2025, the results were released after hours. The results for October 31, 2024, were not provided at the time. On August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a positive current ratio. The profit margin and operating margin are also healthy, indicating efficient operations. The company's fiscal year ends in September 2023, and it has shown a positive return on assets and return on equity.
Looking at stock statistics, the company has a low short ratio and a significant percentage of shares held by institutions. The stock price has fluctuated between a fifty-two-week low and high, with a positive change over the period.
Valuation metrics show a relatively high PEG ratio and price-to-book ratio, while the forward and trailing P/E ratios are moderate. The company's market capitalization and enterprise value are substantial, with a reasonable price-to-sales ratio.
The stock price summary includes beta, moving averages, and the range of prices over the past year. Dividends and splits information shows the company's dividend history, payout ratio, and dividend yield metrics.
Overall, the data provides a comprehensive overview of the company's financial performance, stock statistics, valuation, stock price movements, and dividend policy.
Income statement 💸
These are the revenues. Here are the conclusions:1. The company's sales have been increasing steadily over the past four years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. The gross profit margin has been relatively stable, with gross profit ranging from $105 billion to $169 billion.
3. Operating income has also shown a consistent growth trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020.
4. Net income has increased from $57.4 billion in 2020 to $97 billion in 2023, indicating improving profitability.
5. Earnings per share (EPS) have also been on the rise, with both basic and diluted EPS showing an upward trajectory.
6. The company has been able to maintain a healthy EBITDA margin, with EBITDA increasing from $81 billion in 2020 to $129.2 billion in 2023.
7. Despite an increase in income tax expenses, the company has managed to grow its net income consistently.
8. The number of shares outstanding has remained relatively stable over the years, indicating no significant dilution of shares.
9. Overall, the financial performance of the company has been positive, with increasing revenues, profitability, and earnings per share.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching the highest value in 2023 at $352,583,000,000.
2. Current assets fluctuate but show an overall increasing trend.
3. Non-current assets have been increasing steadily.
4. Total liabilities have also been increasing, with a slight decrease in 2023 compared to 2022.
5. Shareholders' equity has been fluctuating but generally increasing.
6. The company has been investing more in non-current assets over the years.
7. There is a significant amount of cash and cash equivalents in the current assets.
8. Long-term debt is a substantial part of the non-current liabilities.
9. Retained earnings have been positive in most years, contributing to the shareholders' equity.
10. The company seems to be in a stable financial position with a healthy balance between assets, liabilities, and equity.
Cash Flow 💶
This is a cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. The operating cash flow has been generally increasing over the years, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2020.
5. The company has been actively involved in financing activities, including common stock repurchases, debt issuances, and dividend payments.
6. Investing activities show a mix of acquisitions, investments, and capital expenditures over the years.
7. Overall, the company's financial performance seems to be stable, with some fluctuations in key financial metrics.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average estimated EPS is $1.23, with a low estimate of $1.18 and a high estimate of $1.26. This shows an improvement compared to the EPS of $1.17 from the same quarter a year ago.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.42, with a low estimate of $1.33 and a high estimate of $1.51. This is higher than the EPS of $1.35 from the same quarter last year.
3. Looking at the estimates for the current year ending on September 30, 2024, the average EPS is projected to be $6.10, ranging from a low estimate of $5.95 to a high estimate of $6.41. This indicates growth compared to the EPS of $5.67 from the previous year.
4. For the next year ending on September 30, 2025, analysts forecast an average EPS of $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This suggests a slight increase from the EPS of $6.10 for the current year.
Overall, the analysts' estimates point towards a positive outlook for the company's earnings per share, showing a trend of growth and improvement in the upcoming quarters and years.
Revenue estimate
The analysts' estimates for the future quarterly and annual sales of the company indicate a moderate growth trend.For the current quarter ending on June 30, 2024, the average estimate is $77,545,400,000, with a sales growth of 2% compared to the same period last year. The estimates range from $75,869,000,000 to $79,035,500,000.
Looking at the next quarter ending on September 30, 2024, the average estimate is $85,501,800,000, showing a sales growth of 3% year-over-year. The estimates vary between $81,634,900,000 and $91,144,800,000.
For the current fiscal year ending on September 30, 2024, the average estimate is $357,772,000,000, with a sales growth of 1% compared to the previous year. The estimates range from $350,189,000,000 to $364,505,000,000.
In the following fiscal year ending on September 30, 2025, the average estimate is $380,772,000,000, indicating a more significant sales growth of 6% year-over-year. The estimates vary between $353,721,000,000 and $403,636,000,000.
Overall, the estimates suggest a steady growth trajectory for the company's sales in the upcoming quarters and years, with a more substantial increase expected in the next fiscal year.
Growth estimates
Based on the consensus estimates provided by analysts, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.1%.
2. Next Quarter: The estimated growth rate for the next quarter is 5.2%.
3. Current Year: The estimated growth rate for the current year is 7.6%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 9.7%.
These estimates suggest that the company has been experiencing strong growth in the past, but analysts expect the growth rate to moderate slightly in the coming years, although it is still expected to be healthy.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $275
- Median: $201.43
- Average: $204.58
- Current price: $192.25
Based on these forecasts, it appears that the analysts are generally optimistic about the future price of the security, with a median and average price above the current price. However, there is a wide range of forecasts, from a low of $164 to a high of $275, indicating some uncertainty or differing opinions among analysts.
MACD of NEM
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
