First Majestic Stock Target Price and Analyst Consensus

AG Stock  USD 6.73  0.04  0.59%   
The current analyst and expert consensus on First Majestic is Buy with 5 hold recommendations. The current projected First Majestic target price consensus is 9.77 with 6 analyst opinions. One of the most common ways First Majestic Silver analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to First Majestic vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on First Majestic. We strongly encourage you to use your own analysis of First Majestic Silver to validate this buy or sell advice. First Majestic recommendation module provides expert sentiment on the projected First Majestic Silver target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on First Majestic to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
8.89
Highest Forecast
10.84
Target Price
9.77
The current Gross Profit is estimated to decrease to about 15.3 M. The current Pretax Profit Margin is estimated to decrease to -0.36. At this time, First Majestic's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The First Majestic's current Property Plant And Equipment Net is estimated to increase to about 1.5 B, while Accounts Payable is projected to decrease to roughly 24.9 M.
  
It's important to approach First Majestic's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize First Majestic price targets

First Majestic's stock target price is an estimate of its future price, usually made by analysts. Using First Majestic's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at First Majestic's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if First Majestic's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional First Majestic Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of First Majestic is a key component of First Majestic valuation and have some predictive power on the future returns of a First Majestic.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Majestic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.946.8710.80
Details
Intrinsic
Valuation
LowRealHigh
4.208.1212.06
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.070.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Majestic. Your research has to be compared to or analyzed against First Majestic's peers to derive any actionable benefits. When done correctly, First Majestic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in First Majestic Silver.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Macroaxis Advice on First Majestic to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running First Majestic's price analysis, check to measure First Majestic'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 First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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The data published in First Majestic's official financial statements usually reflect First Majestic's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of First Majestic Silver. For example, before you start analyzing numbers published by First accountants, it's critical to develop an understanding of what First Majestic's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of First Majestic's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Majestic's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in First Majestic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Majestic Silver. Please utilize our Beneish M Score to check the likelihood of First Majestic's management manipulating its earnings.