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.

PVG was given price targets by several analysts. The most optimistic analyst gave a price target of 21, implying potential capital gains of 115.83 percent. The lowest price target was 15.75, implying potential capital losses of 61.87 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -233.33 percent. The average change in earnings estimates over the last 90 days is -233.33 percent. Meanwhile, fiscal year estimates have been revised downwards by -37.87 percent, compared to last month. 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, which can be compared to the 2 analysts that decreased their estimates. 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. The current market price is above the trailing year's low by 42.67 percent, and 22.35 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.