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 highest price target was 14, which equates to a potential upside of 70.32 percent. The most pessimistic analyst gave a price target of 7.58, implying potential capital losses of -7.79 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -33.33 percent on average, compared to last month. 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. If we look at the last 90 days instead, we find a net average change of -13.64 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, 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, compared to 1 analysts that revised their FY estimates downwards.

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, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.