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.

Many analysts weighed in on price targets for AG. The most optimistic price target was 14, implying a possible profit of 70.32 percent. The most pessimistic price target was 7.58, implying potential capital losses of -7.79 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -33.33 percent. The average change in earnings estimates over the last 90 days is -4.17 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -13.64 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -13.64 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. 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. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of AG is 3.96.

In the last 52-weeks, AG has achieved a high of 19.15 and a 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 stock has a market capitalization of $1.62 billion. AG will post this quarters earnings in days, on 0000-00-00.