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42
NEM Quote, Financials, Valuation and Earnings
Last price:
$38.10
Seasonality move
:
5.26%
Day range:
$37.87 - $38.32
52-week range:
$29.42 - $58.72
Dividend yield:
2.61%
P/E ratio:
--
P/S ratio:
2.50x
P/B ratio:
1.47x
Volume:
3.5M
Avg. volume:
10.9M
1-year change:
-8.92%
Market cap:
$43.6B
Revenue:
$11.8B
EPS (TTM):
-$1.52
Analysts' Opinion
-
Consensus RatingNewmont has received a consensus rating of Leans Bullish. The company's average rating is a Leans Bullish based on 8 Buy ratings, 8 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $54.13, Newmont has an estimated upside of 41.3% from its current price of $38.31.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $45.00 representing 100% downside risk from its current price of $38.31.
Fair Value
-
According to the consensus of 16 analysts, Newmont has 41.3% upside to fair value with a price target of $54.13 per share.
NEM vs. S&P 500
-
Over the past 5 trading days, Newmont has underperformed the S&P 500 by -6.5% suggesting its relative strength compared to the major market average is weak at this time.
Share Buyback
-
Newmont does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Newmont has grown year-over-year revenues for 4 quarters straight. In the most recent quarter Newmont reported revenues of $4.6B.
Earnings Growth
-
Newmont has grown year-over-year earnings for 2 quarters straight. In the most recent quarter Newmont reported earnings per share of $0.80.
Enterprise value:
49.3B
EV / Invested capital:
1.28x
Price / LTM sales:
2.50x
EV / EBIT:
--
EV / Revenue:
2.90x
PEG ratio (5yr expected):
-0.53x
EV / Free cash flow:
48.28x
Price / Operating cash flow:
41.61x
Enterprise value / EBITDA:
20.96x
Gross Profit (TTM):
$5.5B
Return On Assets:
-2.33%
Net Income Margin (TTM):
-7.14%
Return On Equity:
-4.43%
Return On Invested Capital:
-3.42%
Operating Margin:
28.19%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $12.1B | $11.1B | $17B | $2.5B | $4.6B | |
| Gross Profit | $3.6B | $2.9B | $5.5B | $642M | $1.7B | |
| Operating Income | $1.1B | $1.1B | $3.1B | $275M | $1.3B | |
| EBITDA | $3.3B | $1.9B | $2.4B | $760M | $1.8B | |
| Diluted EPS | $1.26 | -$1.03 | -$1.52 | $0.20 | $0.80 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $7.7B | $7.5B | $6.3B | $6B | $12.6B | |
| Total Assets | $40.6B | $39.9B | $39.1B | $38.1B | $56.2B | |
| Current Liabilities | $2.7B | $2.8B | $2.3B | $2.8B | $6.4B | |
| Total Liabilities | $16.9B | $16.6B | $17.7B | $18.8B | $26.3B | |
| Total Equity | $23.6B | $23.3B | $21.4B | $19.3B | $29.9B | |
| Total Debt | $6B | $5.5B | $5.6B | $5.6B | $8.6B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $3.5B | $3.2B | $4.5B | $1B | $1.6B | |
| Cash From Investing | -$2.6B | -$1.5B | -$2.3B | -$253M | -$562M | |
| Cash From Financing | -$2.5B | -$1.5B | -$2.3B | -$381M | -$789M | |
| Free Cash Flow | $1.6B | $765M | $1B | $399M | $771M | |
NEM
Sector
Market Cap
$43.6B
$18.9M
Price % of 52-Week High
65.24%
57.66%
Dividend Yield
2.61%
0%
Shareholder Yield
--
1.61%
1-Year Price Total Return
-8.92%
-18.53%
Beta (5-Year)
0.496
1.064
Dividend yield:
2.61%
Annualized payout:
$1.60
Payout ratio:
-109.15%
Growth streak:
0 years
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Technicals
8-day SMA
Sell
Level
$38.69
200-day SMA
Sell
Level
$44.74
Bollinger Bands (100)
Sell
Level
42.58 - 53.9
Chaikin Money Flow
Sell
Level
-302.5M
20-day SMA
Sell
Level
$40.44
Relative Strength Index (RSI14)
Sell
Level
33.06
ADX Line
Sell
Level
6.67
Williams %R
Neutral
Level
-75.448
50-day SMA
Sell
Level
$44.59
MACD (12, 26)
Sell
Level
-1.70
25-day Aroon Oscillator
Sell
Level
-72
On Balance Volume
Sell
Level
-187.5M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (1.1519)
Sell
CA Score
(Annual)
Level (-0.4708)
Sell
Beneish M-Score
(Annual)
Level (-1.9414)
Buy
Momentum Score
Level (7)
Buy
Ohlson Score
Level (-1.4089)
Sell
Piotroski F Score
(Annual)
Level (3)
Sell
Quality Ratio Score
Level (2)
Buy
Fundamental Score
Level (7)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
Stock Forecast FAQ
In the current month, NEM has received 8 Buy ratings 8 Hold ratings, and 0 Sell ratings. The NEM average analyst price target in the past 3 months is $54.13.
-
Where Will Newmont Stock Be In 1 Year?
According to analysts, the consensus estimate is that Newmont share price will rise to $54.13 per share over the next 12 months.
-
What Do Analysts Say About Newmont?
Analysts are divided on their view about Newmont share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Newmont is a Sell and believe this share price will drop from its current level to $45.00.
-
What Is Newmont's Price Target?
The price target for Newmont over the next 1-year time period is forecast to be $54.13 according to 16 Wall Street analysts, 8 of them rate the stock a Buy, 0 rate the stock a Sell, and 8 analysts rate the stock a Hold.
-
Is NEM A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Newmont is a Leans Bullish. 8 of 16 analysts rate the stock a Leans Bullish at this time.
-
How Can I Buy Shares Of NEM?
You can purchase shares of Newmont via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Newmont shares.
-
What Is The Newmont Share Price Today?
Newmont was last trading at $38.10 per share. This represents the most recent stock quote for Newmont. Yesterday, Newmont closed at $38.31 per share.
-
How To Buy Newmont Stock Online?
In order to purchase Newmont stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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