Zack: Analysts anticipate Pan American Silver Corp. (PAAS) to announce earnings of $ 0.16 per share



[ad_1]

  Pan American Silver logo "title =" Pan American Silver logo "clbad =" companylogo "/> Stock Research Analysts predict that Pan American Silver Corp. (NASDAQ: PAAS) (TSE: PAAS) will announce a profit per share of $ 0.16 For the current quarter, according to Zacks Investment Research, three badysts have made estimates for Pan American Silver's earnings: $ 0.18 for EPS and $ 0.13 for Pan American Silver, or $ 0.15 per share in the same quarter of last year.The company is expected to announce its next results after the close of the market on Wednesday, August 8. </p>
<p>  On average, badysts said they would are expecting Pan American Silver to report Earnings per share of $ 0.67 per share for the current year, with earnings per share estimates of $ 0.57 per share $ 0.76, according to badysts, who expect earnings per share of $ 0.68 per share. e $ 0.49 to $ 0.77 Zacks Investment Research earnings per share calculations are based on a survey of badysts covering Pan American Silver. </p>
<p>  Pan American Silver (NASDAQ: PAAS) (TSE: PAAS) announced its quarterly results on Wednesday, May 9. The base materials company posted earnings per share (EPS) of $ 0.20 for the quarter, exceeding $ 0.04 from Zack's consensus estimate of $ 0.16. Pan American Silver had a return on equity of 6.35% and a net margin of 18.19%. The company achieved a turnover of $ 206.96 million during the quarter, compared to the consensus estimate of $ 215.73 million. During the same period of the previous year, the company posted a profit of $ 0.06 per share. The Pan American Silver business figure for the quarter increased 4.2% year on year. </p>
<p>  The PAAS has been the subject of several reports by badysts. BidaskClub upgraded Pan American Silver from a "sell" rating to a "hold" rating in a report on Thursday, June 28th. Canaccord Genuity re-evaluated its "buy" rating and issued a price target of $ 19.50 on Pan American Silver shares in a research report on Wednesday, April 4. Zacks Investment Research lowered Pan American Silver from a "hold" rating to a "sell" rating in a research report on Sunday, July 15th. Scotiabank reduced Pan American Silver from an "outperformance" rating to a "sector performer" rating and set a target price of $ 18.00 for the company. in a research report on Monday, July 16th. Finally, Deutsche Bank lowered Pan American Silver from a "buy" rating to a "hold" note and set a price target of $ 19.00 for the company. in a research report on Wednesday 11 July. Two equity research badysts rated the stock with a sales note, four badigned a reserve rating and nine gave a buy-to-action rating from the company. Pan American Silver currently has an average "Hold" rating and a consensus price target of $ 20.85. </p>
<p>  Institutional investors recently bought and sold shares in the company. Verition Fund Management LLC acquired a new stake in Pan American Silver in the first quarter, valued at approximately $ 276,000. Teza Capital Management LLC has bought a new stake in Pan American Silver during the first quarter worth about $ 397,000. First Republic Investment Management Inc. increased its position in Pan American Silver shares by 66.4% in the first quarter. First Republic Investment Management Inc. now holds 35,100 shares of the core materials business worth $ 567,000 after purchasing an additional 14,000 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in Pan American Silver shares by 109.5% in the first quarter. BNP Paribas Arbitrage SA now holds 36,807 shares of the base company, valued at $ 594,000, after purchasing 19,239 additional shares in the last quarter. Finally, Legal & General Group Plc increased its position in Pan American Silver shares by 33.7% in the first quarter. Legal & General Group Plc now holds 41,121 shares in the base materials company valued at $ 662,000 after purchasing an additional 10,368 shares in the last quarter. Institutional investors and hedge funds own 49.58% of the company's shares. </p>
<p>  Pan American Silver shares opened Friday at $ 16.52, reports MarketBeat Ratings. Pan American Silver has a 12-month low of $ 13.99 and a high of $ 12.56 in 12 months. The company has a market capitalization of $ 2.53 billion, a price / earnings ratio of 32.39, a P / E / G ratio of 6.21 and a beta of 0.30. </p>
<p>  <strong> Pan American Silver Company Profile </strong> </p>
<p>  Pan American Silver Corp., with its subsidiaries, is dedicated to the exploration, extraction, processing , refining and upgrading of silver mines. The company owns and operates silver mines in Peru, Mexico, Argentina and Bolivia. It also produces and sells gold, zinc, lead and copper. The company holds interests in La Colorada, Dolores, Alamo Dorado, Huaron, Morococha, Manantial Espejo and San Vicente mines. </p>
<p>  Feature article: The Basics of the Price-Earnings Ratio (PE) <br /> <!--ViewCount:type=c&secondary=1&id=435026--> <!--Keyword: Pan American Silver,NASDAQ:PAAS,PAAS,Basic Material,Ratings,Consensus--> <!--Ratings:4,12,NASDAQ:PAAS--> </p>
<p>  Get a free copy of Zacks's research report on Pan American Silver (PAAS) </p>
<p>  ] For more information on Zacks Investment Research's research opportunities, visit Zacks.com </p>
<p style=  (NASDAQ: PAAS) "title =" History and earnings estimates for Pan American Silver (NASDAQ: PAAS) "/> </p>
<p>			 	<!-- end inline unit --></p>
<p>				<!-- end main text --></p>
<p>				<!-- Invalidate Article --></p>
<p>				<!-- End Invalidate --></p>
<p><!--Begin Footer Opt-In--></p>
<p style= Receive news and ratings of Pan American Silver Daily – Enter your email address below to receive a concise daily summary of the latest news and badyst ratings for Pan American Silver and the related companies with MarketBeat.com's free daily e-newsletter.

[ad_2]
Source link