Analyst Ratings for Fortuna Silver Mines Inc. (FSM)

Updated: 2017-07-27

An average rating of Overweight has been given to Fortuna Silver Mines Inc. (NYSE:FSM) by analysts covering the stock. A consensus rating of Buy was previously issued for FSM last month.

5 analysts issued ratings on the stock, where 3 gave FSM a buy rating, 0 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 2 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 FSM by the analysts covering the stock. The most optimistic analyst gave a price target of 9.75, implying a possible profit of 96.57 percent. The most pessimistic analyst gave a price target of 8, which equates to a potential downside of 61.29 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 -11.11 percent. The average change in earnings estimates over the last 90 days is -26.25 percent. Meanwhile, fiscal year estimates have been revised downwards by -5.13 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -14.9 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of FSM to grow at a rate of 21.68 percent. Another measure frequently examined by investors is the PEG ratio. 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. The PEG ratio of FSM is 1.

FSM has traded between a high of 9.75 and a low of 4.11 over the past year. Today's price is 20.68 percent above the 52-week low, and below the high by 49.13 percent. FSM has a P/E ratio of 21.72. Investors typically compare the P/E ratio to a company's peers in the industry. The FSM value stock report compares FSM to some of its peers using value stock charts. The market cap of FSM is $0.96011 billion. FSM's next earnings release will be on 0000-00-00, which is days away.