Agnico-Eagle Stock Buy Hold or Sell Recommendation

AEM
 Stock
  

USD 42.23  0.80  1.93%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Agnico-Eagle Mines is 'Cautious Hold'. Macroaxis provides Agnico-Eagle Mines buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AEM positions. The advice algorithm takes into account all of Agnico-Eagle Mines' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Agnico-Eagle Mines' buy-and-hold perspective. Please continue to Agnico-Eagle Mines Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Agnico-Eagle and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Agnico-Eagle Mines.

Execute Agnico-Eagle Mines Buy or Sell Advice

The Agnico-Eagle recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Agnico-Eagle Mines. Macroaxis does not own or have any residual interests in Agnico-Eagle Mines or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Agnico-Eagle Mines' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Agnico-Eagle MinesBuy Agnico-Eagle Mines
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

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Analyst Consensus

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Reporting Quality (M-Score)

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For the selected time horizon Agnico-Eagle Mines has a Mean Deviation of 2.08, Standard Deviation of 2.71 and Variance of 7.33
Agnico-Eagle Mines advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Agnico-Eagle Mines is not overpriced, please confirm all Agnico-Eagle Mines fundamentals, including its cash and equivalents, earnings per share, and the relationship between the revenue and current ratio . Given that Agnico-Eagle Mines has a price to earning of 13.74 X, we suggest you to validate Agnico-Eagle Mines market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Agnico-Eagle Mines Trading Alerts and Improvement Suggestions

Agnico-Eagle Mines generated a negative expected return over the last 90 days
About 65.0% of the company shares are held by institutions such as insurance companies
On 15th of September 2022 Agnico-Eagle Mines paid $ 0.4 per share dividend to its current shareholders
Latest headline from www.nasdaq.com: CANADA STOCKS-TSX ends flat in volatile trade, gold stocks gain - Nasdaq

Agnico-Eagle Mines current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Agnico-Eagle analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Agnico-Eagle analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price87.31
Target Median Price85.87
Target High Price104.59
Recommendation Mean1.70
Number Of Analyst Opinions13
Target Low Price76.90
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Agnico-Eagle Mines Returns Distribution Density

The distribution of Agnico-Eagle Mines' historical returns is an attempt to chart the uncertainty of Agnico-Eagle Mines' future price movements. The chart of the probability distribution of Agnico-Eagle Mines stock daily returns describes the distribution of returns around its average expected value. We use Agnico-Eagle Mines price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Agnico-Eagle Mines returns is essential to provide solid investment advice for Agnico-Eagle Mines.
Mean Return-0.14Value At Risk-4.51
Potential Upside3.53Standard Deviation2.71
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Agnico-Eagle Mines historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Agnico-Eagle Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Agnico-Eagle Mines is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Agnico-Eagle Mines backward and forwards among themselves. Agnico-Eagle Mines' institutional investor refers to the entity that pools money to purchase Agnico-Eagle Mines' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Van Eck Associates CorpCommon Shares20.1 M919.7 M
Gqg Partners LlcCommon Shares17.5 M798.5 M
Vanguard Group IncCommon Shares15.5 M708.9 M
Royal Bank Of CanadaCommon Shares14 M639.6 M
Fil LtdCommon Shares12.9 M590.5 M
Massachusetts Financial Services CoCommon Shares12.6 M576.7 M
Fmr LlcCommon Shares10.6 M483.2 M
Note, although Agnico-Eagle Mines' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Agnico-Eagle Mines Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Agnico-Eagle Mines or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Agnico-Eagle Mines' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Agnico-Eagle stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.01
β
Beta against DOW1.09
σ
Overall volatility
2.62
Ir
Information ratio -0.0094

Agnico-Eagle Mines Volatility Alert

Agnico-Eagle Mines exhibits very low volatility with skewness of 0.25 and kurtosis of 0.39. However, we advise investors to further study Agnico-Eagle Mines technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Agnico-Eagle Mines' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Agnico-Eagle Mines' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Agnico-Eagle Mines Implied Volatility

Agnico-Eagle Mines' implied volatility exposes the market's sentiment of Agnico-Eagle Mines stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Agnico-Eagle Mines' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Agnico-Eagle Mines stock will not fluctuate a lot when Agnico-Eagle Mines' options are near their expiration.

Agnico-Eagle Mines Fundamentals Vs Peers

Comparing Agnico-Eagle Mines' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Agnico-Eagle Mines' direct or indirect competition across all of the common fundamentals between Agnico-Eagle Mines and the related equities. This way, we can detect undervalued stocks with similar characteristics as Agnico-Eagle Mines or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Agnico-Eagle Mines' fundamental indicators could also be used in its relative valuation, which is a method of valuing Agnico-Eagle Mines by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Agnico-Eagle Mines to competition
FundamentalsAgnico-Eagle MinesPeer Average
Return On Equity5.36 %(0.31) %
Return On Asset4.61 %(0.14) %
Profit Margin12.33 %(1.27) %
Operating Margin44.52 %(5.51) %
Current Valuation20.01 B16.62 B
Shares Outstanding244.87 M571.82 M
Shares Owned by Insiders0.10 %10.09 %
Shares Owned by Institutions64.57 %39.21 %
Number of Shares Shorted7.08 M4.71 M
Price to Earning13.74 X28.72 X
Price to Book1.61 X9.51 X
Price to Sales1.91 X11.42 X
Revenue4.81 B9.43 B
Gross Profit2.1 B27.38 B
EBITDA2.14 B3.9 B
Net Income593.81 M570.98 M
Cash and Equivalents1.01 B2.7 B
Cash per Share2.23 X5.01 X
Total Debt1.58 B5.32 B
Debt to Equity0.1 %48.70 %
Current Ratio2.58 X2.16 X
Book Value Per Share23.41 X1.93 K
Cash Flow from Operations1.68 B971.22 M
Short Ratio2.60 X4.00 X
Earnings Per Share2.74 X3.12 X
Price to Earnings To Growth29.22 X4.89 X
Number of Employees6.81 K18.84 K
Beta0.86-0.15
Market Capitalization9.22 B19.03 B
Total Asset6.68 B29.47 B
Retained Earnings(698.43 M)9.33 B
Working Capital517.9 M1.48 B
Current Asset829.42 M9.34 B

About Agnico-Eagle Mines Buy or Sell Advice

When is the right time to buy or sell Agnico-Eagle Mines? Buying financial instruments such as Agnico-Eagle Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Agnico-Eagle Mines in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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SRI Sustainable Growth
SRI Sustainable Growth Theme
Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. The SRI Sustainable Growth theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize SRI Sustainable Growth Theme or any other thematic opportunities.
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Please continue to Agnico-Eagle Mines Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Agnico-Eagle Mines information on this page should be used as a complementary analysis to other Agnico-Eagle Mines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Agnico-Eagle Mines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico-Eagle Mines. If investors know Agnico-Eagle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico-Eagle Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Agnico-Eagle Mines is measured differently than its book value, which is the value of Agnico-Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico-Eagle Mines' value that differs from its market value or its book value, called intrinsic value, which is Agnico-Eagle Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico-Eagle Mines' market value can be influenced by many factors that don't directly affect Agnico-Eagle Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico-Eagle Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine Agnico-Eagle Mines value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico-Eagle Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.