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.

Investment analysts gave a few price targets for PVG. The most optimistic analyst gave a price target of 21, which equates to a potential upside of 115.83 percent. The most pessimistic price target was 15.75, which equates to a potential downside of 61.87 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -233.33 percent. That number becomes -233.33 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -37.87 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -22.89 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, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

In the trailing 52-weeks, PVG hit 12.53 at the highest peak, while it's lowest trading point was 6.82. Currently the stock is 42.67 percent higher than its low, and below the high by 22.35 percent. PVG has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.