Iamgold Corp [IAG] stock is trading at $7.25, up 5.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The IAG shares have gain 4.77% over the last week, with a monthly amount drifted -3.07%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On December 02, 2024, upgrade upgraded it’s rating to Sector Outperform. CIBC downgraded its rating to a Neutral. Canaccord Genuity upgraded its rating to a Buy. National Bank Financial upgraded its rating to Outperform for this stock on October 10, 2024.
Iamgold Corp [IAG] stock has fluctuated between $3.44 and $8.38 over the past year. Currently, Wall Street analysts expect the stock to reach $8.2 within the next 12 months. Iamgold Corp [NYSE: IAG] shares were valued at $7.25 at the most recent close of the market. An investor can expect a potential return of 13.1% based on the average IAG price forecast.
Analyzing the IAG fundamentals
Iamgold Corp [NYSE:IAG] reported sales of 1.80B for the trailing twelve months, which represents a growth of 40.78%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.55%, Pretax Profit Margin comes in at 0.55%, and Net Profit Margin reading is 0.45%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.25 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Iamgold Corp’s Current Ratio is 1.41. On the other hand, the Quick Ratio is 0.83, and the Cash Ratio is 0.66. Considering the valuation of this stock, the price to sales ratio is 2.31, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 5.15.
