EPS is commonly considered to be one of the most important factors when evaluating the price of a share. Taking a look at the current quarter consensus earnings per share estimate provided by Zacks Research, we can see that the number for Yamana Gold Inc. (NYSE:AUY) is 0.01. This estimate is using projections provided by 3 Wall Street analysts. Last quarter, the company notched a quarterly EPS of 0.02. Trading around earnings reports can be difficult. Gauging which direction a stock will shift after earnings can sometimes be a toss up. Sometimes, companies may report great numbers with a solid beat, and the stock will head lower. Other times, a stock will miss projections, but the price will rise. Traders who are able to take on the risk may be able to withstand the high volatility that could follow after the report is released.
New traders may face many challenges when entering the stock market. One of the bigger challenges involves not repeating mistakes. As with any new endeavor, there will be a learning curve. Paying attention to historical trades can help the trader figure out where they might have gone astray. Repeating the same mistakes over and over again can lead to the demise of the trader’s confidence and hard earned money. Traders who are able to move forward and learn from previous errors may find themselves making much better decisions in the future.
Sell-side Street analysts often offer stock ratings for companies that they cover. Based on analysts polled by Zacks Research, the present average broker rating on shares of Yamana Gold Inc. (NYSE:AUY) is presently 2.78. This average rating includes analysts who have given Sell, Buy and Hold ratings on the equity. This rating uses a numerical recommendation scale from 1 to 5. A score of 1 would represent a Buy recommendation, and a score of 5 would indicate a Sell recommendation. Out of all the analysts providing recommendations, 3 have rated the stock a Strong Buy or Buy, based on data provided by Zacks Research.
Taking a look at some target price information, we note that shares of Yamana Gold Inc. (NYSE:AUY) presently have an average target price of $3.46. This is the consensus target price using estimates offered by analysts polled by Zacks Research. Sell-side analysts can calculate price target projections using various methods. Many investors will track stock target prices, especially when analysts make changes to the target. A thorough research report will generally give detailed reasoning for a certain target projection. Some investors may watch sell-side targets very closely and use the data to help with their own stock research.
Let’s shift the focus and look at some historical stock price action on shares of Yamana Gold Inc. (NYSE:AUY). After a recent market scan, we have seen that the stock has been trading near the $3.31 level. Investors may also be tracking the current stock price in relation to its 52-week high and low. The 52-week high is currently sitting at $3.54, and the 52-week low is $1.8. When the stock starts moving towards the 52-week high or 52-week low, investors may pay added attention to see if there will be a breakthrough that level. Over the last 12 weeks, the stock has moved 74.21%. Since the beginning of the calendar year, we can see that shares have changed 40.25%. Over the past 4 weeks, shares have moved 20.36%. Over the previous 5 sessions, the stock has moved -6.23%.
Most people highly dislike losing. This is no different for individuals trading the stock market. Successful traders tend to be highly adept at managing risk and creating detailed trading plans. Consistently beating the market is no easy task. Many traders and investors will spend countless hours trying to figure it all out. Some people will continue to do their homework and put in the required time and effort. Others may burn out hot and fast wondering what happened. Markets can be cruel, and being prepared for various scenarios can help the trader better manage the trading seas when markets become rocky.