Newmont Mining Corporation (NYSE:NEM) Valuation According To Analysts


Thrivent Financial For Lutherans trimmed its position in Newmont Mining Corporation (NYSE:NEM) by 99.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). NEM's profit will be $153.82M for 32.88 P/E if the $0.29 EPS becomes a reality. Meanwhile, the average 12-month price target from Wall Street analysts is now 38.08, this means that the stock is underpriced by 0.473%. Another trade for 3.00 million shares valued at $207.65 million was made by GATES WILLIAM H III on Monday, May 1. Newmont Mining Corp (NEM) has declined 1.49% since October 12, 2016 and is downtrending. It has underperformed by 18.19% the S&P500.

Among 20 analysts covering Exelon Corporation (NYSE:EXC), 13 have Buy rating, 2 Sell and 5 Hold. Therefore 0 are positive. Microsoft Corporation had 120 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Exelon Corporation (NYSE:EXC) has "Neutral" rating given on Thursday, October 13 by UBS. Royal Bank Of Canada set a $41.00 target price on Newmont Mining Corporation and gave the stock a "hold" rating in a report on Monday, August 28th. The firm has "Outperform" rating given on Friday, July 31 by Oppenheimer. The stock of Newmont Mining Corp (NYSE:NEM) has "Buy" rating given on Tuesday, January 12 by Jefferies. BMO Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, July 13. As per Tuesday, June 20, the company rating was maintained by Jefferies. The rating was initiated by Canaccord Genuity with "Hold" on Monday, May 16.

Out of 5 Wall Street analysts rating Newmont Mining, 3 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". Therefore 65% are positive.

06/16/2017 - Raymond James began new coverage on Newmont Mining Corporation giving the company a "outperform" rating. Morgan Stanley reinitiated it with "Equal-Weight" rating and $38 target in Wednesday, April 6 report. Smith Affiliated Capital Corp. raised its stake in Newmont Mining Corporation by 8.6% during the 2nd quarter. The firm has "Outperform" rating given on Friday, January 27 by BMO Capital Markets. The firm has "Hold" rating by HSBC given on Monday, October 26. The firm has "Buy" rating by Topeka Capital Markets given on Monday, November 16. The stock of Newmont Mining Corp (NYSE:NEM) earned "Outperform" rating by Scotia Capital on Tuesday, September 1. The firm has "Mkt Perform" rating given on Monday, December 7 by FBR Capital. It last reported revenues of $577 million and EPS of $0.52 for the June 2017, representing 22% top-line growth and 0.48 EPS growth. Its down 0.02, from 0.84 in 2017Q1. Cubist Systematic Strategies Llc acquired 21,594 shares as Newmont Mining Corp (NEM)'s stock declined 9.13%. Sun Life Financial INC raised its stake in Newmont Mining Corporation by 43,144.4% during the 2nd quarter. 337.68 million shares or 4.93% more from 321.82 million shares in 2017Q1 were reported. Shareholders of record on Thursday, September 14th were paid a dividend of $0.075 per share. Louisiana State Employees Retirement accumulated 0.1% or 57,400 shares. Jackson Wealth Mgmt Ltd Liability owns 81,404 shares for 1.87% of their portfolio. 12,027 were reported by Advisor Ptnrs Ltd Liability.

The Southern Company (NYSE:SO) shares were trading higher by 0.48 percent ($0.24) at $50.48 a piece in Wednesday's session. About 72 shares traded. Aperio Gp Ltd Liability holds 0.01% or 29,730 shares in its portfolio.

07/14/2017 - Newmont Mining Corporation had its "hold" rating reiterated by analysts at Jefferies.

Investors sentiment decreased to 0.82 in 2017 Q2.

Asa Gold & Precious Metals Ltd holds 11.45% of its portfolio in Newmont Mining Corp for 570,368 shares. Caisse De Depot Et Placement Du Quebec reported 0.01% in Newmont Mining Corp (NYSE:NEM).

Newmont Mining Corporation (NYSE:NEM) last posted its earnings results on Tuesday, July 25th. Gam Ag stated it has 1.44 million shares or 0.69% of all its holdings. Currently, 275.41 million total shares are owned by the public and among those 273.41 million shares have been available to trade.

Newmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Firm is primarily a gold producer with activities and/or assets in the United States, Australia, Peru, Ghana and Suriname. It has a 7.19 P/E ratio. The Company's segments include North America, South America, Asia Pacific and Africa. The other 10, though not evenly; between analysts who think you should buy The Southern Company versus those who think you should sell it. 2,006 shares were sold by MacGowan William N, worth $70,210. Over the last quarter, insiders have sold 29,707 shares of company stock worth $1,120,866. Also, insider Gary J. Goldberg sold 1,000 shares of the company's stock in a transaction dated Tuesday, August 1st. Omnicell, Inc. (NASDAQ:OMCL) has risen 33.21% since October 11, 2016 and is uptrending.

Since May 9, 2017, it had 0 insider buys, and 7 selling transactions for $4.88 million activity. 107,299 shares were sold by Silver Point Capital L.P.