Finance

Active Stocks in Review: IAMGOLD Corp. (NYSE:IAG), Halliburton Company (NYSE:HAL)

IAMGOLD Corp. (NYSE:IAG)
IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine. Both are located in Mali, West Africa. Measured and indicated resources at Sadiola and Yatela are 5.5 million ounces of gold (including reserves of 5.2 million ounces). Inferred resources are 5.9 million ounces. IAMGOLD is actively exploring highly prospective ground in Africa and South America.
IAMGOLD Corp. (NYSE:IAG)’s Financial Overview
IAMGOLD Corp. (NYSE:IAG) surged 0.43% yesterday to close its trading session at $4.69. The company has 1 year Price Target of $5.31. IAMGOLD Corp. has 52-Week high of $5.87 and 52-Week Low of $1.95. The stock touched its 52-Week High on Aug 4, 2016 and 52-Week Low on Mar 15, 2016. The stock traded with the volume of 11.14 Million shares yesterday. The firm shows the market capitalization of $2.16 Billion.
IAMGOLD Corp. (NYSE:IAG) reported its last quarterly earnings on Sep 16 where the firm reported its Actual EPS of $0.05/share against the analyst consensus estimate of $0.01/share. The difference between the actual and expected EPS is $0.04 a share with a surprise factor of 400%.
The firm is trading with SMA20 of 0.29 Percent, SMA50 of 10.84 Percent and SMA200 of 13.55 percent. IAMGOLD Corp. has P/S value of 2.22 while its P/B value stands at 0.9. Similarly, the company has Return on Assets of -18.6 percent, Return on Equity of -30.5 percent and Return on Investment of -29.7 Percent. The company shows Gross Margin and Operating Margin of 3.9 percent and -67.6 percent respectively.
Many brokerage firms are involved in issuing their ratings on IAMGOLD Corp. (NYSE:IAG). On 13-Jan-17 Credit Suisse Downgrade IAMGOLD Corp. Stock to Underperform. Another firm also rated the stock on 8-Nov-16 where TD Securities Upgrade the stock to Buy.
The Stock currently has Analyst’ mean Recommendation of 2.8 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.
The 16 analysts offering 12-month price forecasts for IAMGOLD Corp have a median target of 5.07, with a high estimate of 7.63 and a low estimate of 3.41. The median estimate represents a +8.08% increase from the last price of 4.69.
Iamgold Corporation is expected* to report earnings on 02/22/2017 after market close. The report will be for the fiscal Quarter ending Dec 2016. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.01. The reported EPS for the same quarter last year was $-0.16.
Halliburton Company (NYSE:HAL)
Halliburton is one of the world’s largest providers of products and services to the energy industry. The company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. The company operates under two main segments: Completion and Production, and Drilling and Evaluation.
Halliburton Company (NYSE:HAL)’s Financial Outlook
The 38 analysts offering 12-month price forecasts for Halliburton have a median target of 65.00, with a high estimate of 73.00 and a low estimate of 38.00. The median estimate represents a +19.68% increase from the last price of 54.31.
Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.
According to Zacks Investment Research, Halliburton Company has a Consensus Recommendation of 1.32. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).
Halliburton Company (NYSE:HAL) in the last quarter reported its actual EPS of $0.04/share where the analyst estimated EPS was $0.02/share. The difference between the actual and Estimated EPS is $0.02. This shows a surprise factor of 100 percent.

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