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 maximum price target given was 21, implying potential capital gains of 115.83 percent. The most pessimistic analyst gave a price target of 15.75, implying a possible loss 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -233.33 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -37.87 percent, as compared to a month ago. 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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

In the last 52-weeks, PVG has achieved a high of 12.53 and a low of 6.82. Today's price is 42.67 percent above the 52-week 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 stock has a market capitalization of $2.25 billion. PVG will post this quarters earnings in days, on 0000-00-00.