Agnico Eagle Stock Target Price and Analyst Consensus

AEM
 Stock
  

USD 51.77  0.40  0.77%   

The current analyst and expert consensus on Agnico Eagle is Buy, with 3 strong buy opinions. The current projected Agnico Eagle target price consensus is 75.0 with 9 analyst opinions. The most common way Agnico Eagle Mines analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Agnico Eagle executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Agnico Eagle. We strongly encourage you to use your own analysis of Agnico Eagle Mines to validate this buy or sell advice. Agnico Eagle buy-or-sell recommendation module provides average expert sentiment on the projected Agnico Eagle Mines target price to derive its highest and lowest estimates based on projected price volatility of 16.03. Please continue to Macroaxis Advice on Agnico Eagle to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
Profit Margin is expected to hike to 0.15 this year, although the value of Gross Profit will most likely fall to nearly 1.8 B. Agnico Eagle Goodwill and Intangible Assets are relatively stable at the moment as compared to the past year. The company's current value of Goodwill and Intangible Assets is estimated at 505.56 Million. Investments is expected to hike to about 370.6 M this year, although the value of Current Assets will most likely fall to nearly 1.3 B.

Agnico Eagle Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Agnico target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts performance other than comparing it to the past results via a very sophisticated attribution analysis. Agnico target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions9
Lowered Outlook1
Raized Outlook0
Buy
Most Agnico analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Agnico stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Agnico Eagle Mines, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Agnico Eagle Target Price Projection

Agnico Eagle's current and average target prices are 51.77 and 75.00, respectively. The current price of Agnico Eagle is the price at which Agnico Eagle Mines is currently trading. On the other hand, Agnico Eagle's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Agnico Eagle Market Quote on 2nd of December 2022

Low Price50.62Odds
High Price52.03Odds

51.77

Target Price

Analyst Consensus On Agnico Eagle Target Price

Low Estimate63.0Odds
High Estimate110.0Odds
Number of Analysts9
Standard Deviation16.03

74.997

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Agnico Eagle Mines and the information provided on this page.

Agnico Eagle Analyst Ratings

Agnico Eagle's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Agnico Eagle stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Agnico Eagle's financials, market performance, and future outlook by experienced professionals. Agnico Eagle's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Agnico Eagle Target Price Projections

Agnico Eagle's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Agnico Eagle Mines and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Agnico depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Agnico Eagle Mines including analysis of its current option contracts.
Agnico Eagle's latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 54.75 with a put-to-call open interest ratio of 0.34 over 24 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2022-12-16. The current put volume is at 697, with calls trading at the volume of 2305. This yields a 0.3 put-to-call volume ratio. The Agnico Eagle option chain provides detailed quote and price information for the current Agnico Eagle Mines option contracts. It shows all of Agnico Eagle's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

Agnico Eagle option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Agnico Eagle's lending market. For example, when Agnico Eagle's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Agnico Eagle, he or she must hedge the risk by shorting Agnico Eagle stock over its option's life.
The chart above shows Agnico Eagle's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Agnico Eagle's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Agnico Eagle's option, there is no secondary market available for investors to trade.

Agnico Eagle Maximum Pain Price across 2022-12-16 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Agnico Eagle close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Agnico Eagle's stock options are financial instruments that give investors the right to buy or sell shares of Agnico Eagle Mines common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Agnico stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Agnico Eagle's stock price goes up or down, the stock options follow.
Please continue to Macroaxis Advice on Agnico Eagle to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Agnico Eagle Mines In The Money Call Balance

When Agnico Eagle's strike price is surpassing the current stock price, the option contract against Agnico Eagle Mines stock is said to be in the money. When it comes to buying Agnico Eagle's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Agnico Eagle Mines are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Agnico Current Options Market Mood

Agnico Eagle's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Agnico Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Agnico Eagle's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Agnico Eagle's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Agnico Eagle's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Agnico Eagle Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Agnico Eagle is a key component of Agnico Eagle valuation and have some predictive power on the future returns of a Agnico Eagle.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Agnico Eagle's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Agnico Eagle in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
48.4751.6354.79
Details
Intrinsic
Valuation
LowReal ValueHigh
46.6759.2862.44
Details
Earnings
Estimates (7)
LowProjected EPSHigh
2.472.592.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Agnico Eagle. Your research has to be compared to or analyzed against Agnico Eagle's peers to derive any actionable benefits. When done correctly, Agnico Eagle's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Agnico Eagle Mines.

Additional Agnico Eagle Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Agnico Eagle is a key component of Agnico Eagle valuation and have some predictive power on the future returns of a Agnico Eagle.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Agnico Eagle's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Agnico Eagle in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
48.4751.6354.79
Details
Intrinsic
Valuation
LowReal ValueHigh
46.6759.2862.44
Details
Earnings
Estimates (7)
LowProjected EPSHigh
2.472.592.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Agnico Eagle. Your research has to be compared to or analyzed against Agnico Eagle's peers to derive any actionable benefits. When done correctly, Agnico Eagle's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Agnico Eagle Mines.

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Please continue to Macroaxis Advice on Agnico Eagle to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle's 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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The data published in Agnico Eagle's official financial statements usually reflect Agnico Eagle's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Agnico Eagle Mines. For example, before you start analyzing numbers published by Agnico accountants, it's critical to develop an understanding of what Agnico Eagle's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Agnico Eagle's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Agnico Eagle's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Agnico Eagle's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Agnico Eagle Mines. Please utilize our Beneish M Score to check the likelihood of Agnico Eagle's management to manipulate its earnings.