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 maximum price target given was 14, which equates to a potential upside of 70.32 percent. The most pessimistic price target was 7.58, implying a possible loss of -7.79 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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. Over the past 30 days, FY earnings estimates have also changed downwards by -13.64 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -13.64 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AG is 3.96.

In the trailing 52-weeks, AG hit 19.15 at the highest peak, while it's lowest trading point was 6.62. Currently the stock is 24.17 percent higher than its low, and 57.08 percent below the high. AG has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.