Home / Street Sector / Momentum Stocks Try To Beat Analysts’ Views: Kinross Gold Corporation (NYSE:KGC), Harmony Gold Mining Company Limited (NYSE:HMY)

Momentum Stocks Try To Beat Analysts’ Views: Kinross Gold Corporation (NYSE:KGC), Harmony Gold Mining Company Limited (NYSE:HMY)

Several matter pinch shares of Kinross Gold Corporation (NYSE:KGC) [Trend Analysis], as shares surging 0.57% to $3.52 with a share volume of 17.49 Million. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked KGC in recent few months. In ratings table the KGC given BUY ratings by 6 analysts in current phase and 1 analyst suggest it as overweight security. The 1 number of analyst/s have SELL recommendation for current month on KGC. While 14 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, consensus pool recommends it as Hold security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.05 at current month while compared with $0.05 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.06 and on annual basis FY 2016 estimate trends at current was for $0.10 as compared to one month ago of $0.10, and for next year per share earnings estimates have $0.21.

The stock is going forward its 52-week low with 168.70% and moving down from its 52-week high price with -39.52%. To have technical analysis views, liquidity ratio of a company was calculated 2.90 as evaluated with its debt to equity ratio of 0.46. The float short ratio was 1.25%, as compared to sentiment indicator; Short Ratio was 0.96.

Harmony Gold Mining Company Limited (NYSE:HMY) [Trend Analysis] luring active investment momentum, shares an increase remains unchanged to $3.00. The HMY held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The HMY ratings chart showed that 5 gave HOLD ratings for the current month. For stocks’ current month, 2 analysts opted for BUY ratings as compared to 1 opting for SELL in the same period. The stock price target chart showed average price target of 4.27 as compared to current price of 3.

On annual basis FY 2016 estimate trends at current was for $0.45 as compared to one month ago of $0.51, and for next year per share earnings estimates have $0.31. The total volume of 5.09 Million shares held in the session was surprisingly higher than its average volume of 4632.90 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 120.40%, and looking further price to next year’s EPS is -39.13%. While take a short look on price to sales ratio, that was 0.99 and price to earning ratio of 20.41 attracting passive investors.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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