Pan American Silver stock outperforms, analysts predict earnings growth, premium industry ranking.
Pan American Silver (PAAS) closed at $19.29, up 1.74% from the previous day, outperforming the S&P 500. In the past month, the stock dropped by 4.44%, falling short of the Basic Materials sector and S&P 500. Analysts expect earnings of $0.20 per share and revenue of $724.96 million in the upcoming report, showing significant growth.
For the full year, Zacks Consensus Estimates project earnings of $0.59 per share and revenue of $2.75 billion, up significantly from the previous year. Analyst estimate changes directly impact stock prices, with positive revisions indicating optimism. Pan American Silver currently holds a Zacks Rank of #3 (Hold) with a 6.06% decrease in EPS projection in the past 30 days.
Pan American Silver is trading at a premium to its industry with a Forward P/E ratio of 32.19. The Mining – Silver industry has a Zacks Industry Rank of 51, ranking in the top 21% of all industries. The Zacks Industry Rank shows that top-rated industries outperform the bottom half by 2 to 1. Investors can monitor stock-influencing metrics on Zacks.com for future trading sessions.
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Read more at Nasdaq: Pan American Silver (PAAS) Outperforms Broader Market: What You Need to Know