HSBC Securities raised the price target for the AngloGold Ashanti Plc. (NYSE:AU) stock from “a Reduce” to “a Hold”. The rating was released on November 14, 2023, according to finviz. In their research brief published March 07, 2022, JP Morgan analysts upgraded the AngloGold Ashanti Plc. stock from Neutral to Overweight with a price target of $24.20.
Historical Earnings Surprises and Revenue Forecasts
This is an average of 0 analysts’ earnings, where the high earnings per share estimate is $0 and the low earnings per share estimate is $0.
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The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated -4.60% within the last five trades and 19.48% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 13.82% in the last 6 months and 12.37% was added to its value over the previous 3 months. AU stock is trading at a margin of 2.65%, 13.64% and 11.70% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, AU deals in the Basic Materials domain. The stock is trading -30.08 percent below its 52-week high and 41.92 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -0.6. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does AngloGold Ashanti Plc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 18.42 percent and the profit margin is 0.85 percent, and the company has reported a gross margin of 20.32 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $8.88 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for AngloGold Ashanti Plc. (NYSE:AU) is 228.51. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 9.71. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.94 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.20, which equates the market value of a stock with its book value.
