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.

Several price targets were given for AG by the analysts covering the stock. The maximum price target given was 14, which equates to a potential upside of 70.32 percent. The most pessimistic analyst gave a price target of 7.58, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -33.33 percent. That number becomes -4.17 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of AG's earnings is estimated by analysts to be 13.25 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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.

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 lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.