Home / Street Sector / Stocks Turns on Analysts Forecast: Barrick Gold Corporation (NYSE:ABX), BHP Billiton Limited (NYSE:BHP)

Stocks Turns on Analysts Forecast: Barrick Gold Corporation (NYSE:ABX), BHP Billiton Limited (NYSE:BHP)

Several matter pinch shares of Barrick Gold Corporation (NYSE:ABX) [Trend Analysis], as shares surging 0.06% to $17.73 with a share volume of 1.34 Million. The ABX 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 ABX ratings chart showed that 12 gave HOLD ratings for the current month as 1 analyst opting for Overweight option for same period, whereas, 1 analyst out of pool gave UNDERWEIGHT rating. For stocks’ current month, 12 analysts opted for BUY ratings as compared to 2 opting for SELL in the same period. The stock price target chart showed average price target of 23.24 as compared to current price of 17.72.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $0.23 and on annual basis FY 2016 estimate trends at current was for $0.68 as compared to one month ago of $0.68, and for next year per share earnings estimates have $1.00.

The stock is going forward its 52-week low with 190.95% and moving down from its 52-week high price with -24.42%. To have technical analysis views, liquidity ratio of a company was calculated 2.80 as evaluated with its debt to equity ratio of 1.23. The float short ratio was 1.74%, as compared to sentiment indicator; Short Ratio was 1.19.

BHP Billiton Limited (NYSE:BHP) [Trend Analysis] luring active investment momentum, shares a gain 0.61% to $34.86. The stock prices target chart showed high target of 41.46 kept by analysts at WSJ while the average price target was for 32.22 as compared to current price of 34.81. Somehow, the stock managed to gain BUY ratings by 9 analysts in current tenure as 0 analysts having overweight ratings, 7 recommend as HOLD, 1 stands at Underweight and 1 gave it as a SELL security for current period. Overall, the consensus ratings were for Overweight by the pool of analysts.

The total volume of 348897 shares held in the session was surprisingly higher than its average volume of 3771.87 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -287.00%, and looking further price to next year’s EPS is 30.56%. While take a short look on price to sales ratio, that was 2.83.


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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