Analyst Ratings for First Majestic Silver Corp. (AG)

Updated: 2017-07-27

Shares of First Majestic Silver Corp. (NYSE:AG) have received a consensus rating of Overweight from Wall Street analysts. AG had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 3 analysts, 1 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for AG. The most optimistic price target was 14, implying a possible profit of 70.32 percent. The minimum price target given was 7.58, implying a possible loss of -7.79 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -33.33 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.17 percent. Meanwhile, fiscal year estimates have been revised downwards by -13.64 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -13.64 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

Analysts estimate earnings of AG to grow at a rate of 13.25 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. AG has a PEG ratio of 3.96.

AG has a 52-week high of 19.15 and a 52-week low of 6.62. The current market price is above the trailing year's low by 24.17 percent, and 57.08 percent below the high. AG has a price/earnings ratio of 52.49. Investors typically compare the P/E ratio to a company's peers in the industry. The AG value stock report compares AG to some of its peers using value stock charts. The market cap of AG is $1.62 billion. AG's next earnings release will be on 0000-00-00, which is days away.