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.

Many analysts weighed in on price targets for PVG. The highest price target was 21, which equates to a potential upside of 115.83 percent. The most pessimistic price target was 15.75, implying potential capital losses 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -233.33 percent on average, compared to last month. 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. If we look at the last 90 days instead, we find a net average change of -22.89 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

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 stock has a market capitalization of $2.25 billion. PVG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.