Analyst Ratings for Pretium Resources Inc. (PVG)Updated: 2017-07-27
An average rating of Buy has been given to Pretium Resources Inc. (NYSE:PVG) by analysts covering the stock. About 30 days ago, PVG was issued an average rating of Buy.
11 analysts issued ratings on the stock, where 8 gave PVG a buy rating, 1 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for PVG. The most optimistic analyst gave a price target of 21, implying a possible profit of 115.83 percent. The lowest price target was 15.75, which equates to a potential downside of 61.87 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -233.33 percent. The average change in earnings estimates over the last 90 days is -233.33 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -37.87 percent. If we look at the last 90 days instead, we find a net average change of -22.89 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
PVG has a 52-week high of 12.53 and a 52-week low of 6.82. The current market price is above the trailing year's low by 42.67 percent, and 22.35 percent below the high. PVG has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PVG value stock report compares PVG to some of its peers using value stock charts. The market cap of PVG is $2.25 billion. PVG will post this quarters earnings in days, on 0000-00-00.