15 July, 2017
Goldcorp Inc. (NYSE:GG) (TSE:G) saw some unusual options trading activity on Friday. The company now has an average rating of "Hold" and a consensus price target of $17.75.
A number of research analysts have issued reports on GG shares. Jefferies Group LLC set a $15.00 price objective on shares of Goldcorp and gave the company a "hold" rating in a research note on Tuesday, March 14th. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Deutsche Bank AG reaffirmed a "hold" rating and issued a $15.00 price objective (down from $16.00) on shares of Goldcorp in a research note on Sunday, June 25th. BidaskClub downgraded shares of Goldcorp from a "sell" rating to a "strong sell" rating in a research report on Saturday, June 17th. As per Friday, October 30, the company rating was downgraded by TD Securities. 1 expert has recommended the share with a sell recommendation, around ten have published a hold recommendation, around seven has issued a buy recommendation and 1 has given a strong buy recommendation to the firms shares. The stock has a consensus rating of "Buy" and an average price target of C$22.92.
Goldcorp (GG) traded up 1.01% on Thursday, reaching $13.02. Federated Investors Inc. PA now owns 121,570 shares of the basic materials company's stock worth $1,653,000 after buying an additional 49,430 shares during the period.
Goldcorp Inc. has a 12-month low of $11.91 and a 12-month high of $20.14.
The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -10.54% and has no so good Year to Date (YTD) Performance of -4.49% which means the stock is constantly adding to its value from previous fiscal year end price. The company has a market capitalization of $11.21 billion, a P/E ratio of 44.846 and a beta of 0.02.
Goldcorp (NYSE:GG) (TSE:G) last released its quarterly earnings data on Wednesday, April 26th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.11.
Talking about profitability of the company, the profit margin percentage is 7.31% while its operating margin for the trailing twelve month is at 7.77%. During the same quarter in the previous year, the business posted $0.10 earnings per share. Equities analysts predict that Goldcorp will post $0.37 earnings per share for the current fiscal year.
As of late the company also announced a periodic dividend, to be paid on early Fri, Jun 23rd. (USA) (NYSE:GG) on Thursday, June 15 with "Market Perform" rating. The ex-dividend date was Tuesday, June 13th.
Goldcorp Inc (NYSE:GG) shows a Forward Annual Dividend Rate of $0.08 and Trailing Annual Dividend Yield of 0.62% according to MorningStar Inc.
The ability for Goldcorp Inc., to deal with debt, means it current ratio is 1.3, and quick ratio is 1. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of worldwide copyright & trademark laws.
WARNING: "Positive News Coverage Somewhat Likely to Impact Goldcorp (GG) Stock Price" was posted by Sports Perspectives and is the property of of Sports Perspectives. Hedge funds and other institutional investors own 56.85% of the company's stock. GSA Capital Partners LLP purchased a new position in Goldcorp during the fourth quarter valued at $137,000. Federated Investors Inc. PA increased its stake in Goldcorp by 68.5% in the fourth quarter. Cidel Asset Management Inc. now owns 3,318,517 shares of the basic materials company's stock valued at $46,174,000 after buying an additional 498,751 shares during the period. Alliancebernstein L.P. boosted its position in Goldcorp by 0.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 16,381 shares of the basic materials company's stock worth $223,000 after buying an additional 4,600 shares during the period. State Board of Administration of Florida Retirement System boosted its stake in Goldcorp by 39.0% in the fourth quarter. Regal Investment Advisors LLC boosted its stake in Goldcorp by 2.8% in the first quarter. Russell Investments Group Ltd. bought a new position in shares of Goldcorp during the fourth quarter worth about $15,139,000. Dimensional Fund Advisors LP now owns 3,030,884 shares of the basic materials company's stock worth $41,220,000 after buying an additional 236,271 shares in the last quarter.
