Agnico Eagle Mines Stock Buy Hold or Sell Recommendation
| AEM Stock | USD 63.47 0.98 1.57% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Agnico Eagle Mines is 'Buy'. Macroaxis provides Agnico Eagle buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AEM positions. The advice algorithm takes into account all of Agnico Eagle's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Agnico Eagle's buy or sell advice are summarized below:
Real Value 68.05 | Target Price 66.79 | Hype Value 63.39 | Market Value 63.47 | Naive Value 64.25 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Agnico Eagle Mines given historical horizon and risk tolerance towards Agnico Eagle. When Macroaxis issues a 'buy' or 'sell' recommendation for Agnico Eagle Mines, the advice is generated through an automated system that utilizes algorithms and statistical models.
Agnico |
Execute Agnico Eagle Buy or Sell Advice
The Agnico recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Agnico Eagle Mines. Macroaxis does not own or have any residual interests in Agnico Eagle Mines or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Agnico Eagle's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Agnico Eagle Trading Alerts and Improvement Suggestions
| Agnico Eagle Mines is unlikely to experience financial distress in the next 2 years | |
| About 72.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of March 2024 Agnico Eagle paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Agnico Eagle Mines Gains As Market Dips What You Should Know |
Agnico Eagle Returns Distribution Density
The distribution of Agnico Eagle's historical returns is an attempt to chart the uncertainty of Agnico Eagle's future price movements. The chart of the probability distribution of Agnico Eagle daily returns describes the distribution of returns around its average expected value. We use Agnico Eagle Mines price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Agnico Eagle returns is essential to provide solid investment advice for Agnico Eagle.
| Mean Return | 0.39 | Value At Risk | -2.43 | Potential Upside | 3.11 | Standard Deviation | 1.82 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Agnico Eagle historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Agnico Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Agnico Eagle is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Agnico Eagle Mines backward and forwards among themselves. Agnico Eagle's institutional investor refers to the entity that pools money to purchase Agnico Eagle's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amundi | 2023-12-31 | 6.4 M | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 6.2 M | Norges Bank | 2023-12-31 | 5.9 M | Cibc Global Asset Management Inc | 2023-12-31 | 5.7 M | Manufacturers Life Insurance Co | 2023-12-31 | 5.5 M | Amvescap Plc. | 2023-12-31 | 4.9 M | Td Asset Management Inc | 2023-12-31 | 4.3 M | Neuberger Berman Group Llc | 2023-12-31 | 3.9 M | Millennium Management Llc | 2023-12-31 | 3.9 M | Van Eck Associates Corporation | 2023-12-31 | 23.1 M | Fidelity International Ltd | 2023-12-31 | 20.1 M |
Agnico Eagle Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 20.1M | 80.6M | (216.7M) | 472.8M | (321.4M) | (305.3M) | |
| Free Cash Flow | (972K) | 432.7M | 398.3M | 558.4M | 953.7M | 1.0B | |
| Depreciation | 546.1M | 631.1M | 738.1M | 1.1B | 1.6B | 1.6B | |
| Other Non Cash Items | (358.8M) | (61.8M) | 79.7M | 134.3M | (855.7M) | (813.0M) | |
| Dividends Paid | 105.4M | 190.3M | 275.2M | 608.3M | (650.4M) | (617.8M) | |
| Capital Expenditures | 882.7M | 759.3M | 917.7M | 1.5B | 1.7B | 1.8B | |
| Net Income | 473.2M | 511.6M | 543.0M | 670.2M | 2.0B | 2.1B | |
| End Period Cash Flow | 321.9M | 402.5M | 185.8M | 658.6M | 336.9M | 224.4M | |
| Change To Inventory | (91.4M) | (82.9M) | (185.1M) | (46.2M) | (172.3M) | (163.7M) | |
| Investments | (873.9M) | (50.4M) | (51.9M) | (710.5M) | (2.7B) | (2.6B) | |
| Net Borrowings | (15.5M) | (175.9M) | (25.0M) | (258.7M) | (232.8M) | (221.2M) | |
| Change To Netincome | 193.9M | 68.4M | 316.1M | 350.9M | 403.6M | 203.6M |
Agnico Eagle Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Agnico Eagle or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Agnico Eagle's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Agnico stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.30 | |
β | Beta against NYSE Composite | 1.36 | |
σ | Overall volatility | 1.84 | |
Ir | Information ratio | 0.17 |
Agnico Eagle Volatility Alert
Agnico Eagle Mines has relatively low volatility with skewness of -0.14 and kurtosis of -0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Agnico Eagle's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Agnico Eagle's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Agnico Eagle Implied Volatility
Agnico Eagle's implied volatility exposes the market's sentiment of Agnico Eagle Mines stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Agnico Eagle's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Agnico Eagle stock will not fluctuate a lot when Agnico Eagle's options are near their expiration.
Agnico Eagle Fundamentals Vs Peers
Comparing Agnico Eagle's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Agnico Eagle's direct or indirect competition across all of the common fundamentals between Agnico Eagle and the related equities. This way, we can detect undervalued stocks with similar characteristics as Agnico Eagle or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Agnico Eagle's fundamental indicators could also be used in its relative valuation, which is a method of valuing Agnico Eagle by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Agnico Eagle to competition |
| Fundamentals | Agnico Eagle | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0342 | -0.14 |
| Profit Margin | 0.29 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 32.42 B | 16.62 B |
| Shares Outstanding | 498.27 M | 571.82 M |
| Shares Owned By Insiders | 0.12 % | 10.09 % |
| Shares Owned By Institutions | 71.59 % | 39.21 % |
| Number Of Shares Shorted | 6.94 M | 4.71 M |
| Price To Earning | 18.20 X | 28.72 X |
| Price To Book | 1.58 X | 9.51 X |
| Price To Sales | 4.65 X | 11.42 X |
| Revenue | 6.75 B | 9.43 B |
| Gross Profit | 3.1 B | 27.38 B |
| EBITDA | 3.28 B | 3.9 B |
| Net Income | 1.98 B | 570.98 M |
| Cash And Equivalents | 658.62 M | 2.7 B |
| Cash Per Share | 1.82 X | 5.01 X |
| Total Debt | 1.99 B | 5.32 B |
| Debt To Equity | 0.09 % | 48.70 % |
| Current Ratio | 2.17 X | 2.16 X |
| Book Value Per Share | 39.06 X | 1.93 K |
| Cash Flow From Operations | 2.65 B | 971.22 M |
| Short Ratio | 1.98 X | 4.00 X |
| Earnings Per Share | 3.95 X | 3.12 X |
| Price To Earnings To Growth | 28.15 X | 4.89 X |
| Target Price | 69.05 | |
| Beta | 1.07 | -0.15 |
| Market Capitalization | 30.83 B | 19.03 B |
| Total Asset | 28.54 B | 29.47 B |
| Retained Earnings | 958.24 M | 9.33 B |
| Working Capital | 1.14 B | 1.48 B |
| Current Asset | 829.42 M | 9.34 B |
Agnico Eagle Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Agnico . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Agnico Eagle Buy or Sell Advice
When is the right time to buy or sell Agnico Eagle Mines? Buying financial instruments such as Agnico Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 22.1M | 137.5M | 500.0M | 524.9M | Total Assets | 10.2B | 23.5B | 28.5B | 30.0B |
Use Investing Ideas to Build Portfolios
In addition to having Agnico Eagle in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Check out Agnico Eagle Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Agnico Stock analysis
When running Agnico Eagle's price analysis, check to measure Agnico Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
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| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is Agnico Eagle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.431 | Dividend Share 1.6 | Earnings Share 3.95 | Revenue Per Share 13.56 | Quarterly Revenue Growth 0.269 |
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.