New Pacific Stock Target Price and Analyst Consensus

NEWP Stock  USD 2.29  0.17  8.02%   
The current analyst and expert consensus on New Pacific is Strong Buy, with 2 strong buy opinions. The current projected New Pacific target price consensus is 4.75 with 4 analyst opinions. The most common way New Pacific Metals analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview New Pacific executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on New Pacific. We encourage you to use your own analysis of New Pacific Metals to validate this buy or sell advice. New Pacific buy-or-sell recommendation module provides average expert sentiment on the projected New Pacific Metals target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on New Pacific to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
4.32
Highest Forecast
5.27
Target Price
4.75
As of 05/19/2024, Gross Profit is likely to grow to about (198.7 K). In addition to that, Pretax Profit Margin is likely to drop to -50.25. At this time, New Pacific's Non Current Assets Total are relatively stable compared to the past year. As of 05/19/2024, Common Stock Shares Outstanding is likely to grow to about 189.6 M, while Total Stockholder Equity is likely to drop slightly above 72 M.
  
It's important to approach New Pacific'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.

New Pacific Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. New target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. New Pacific's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   4  Strong Buy
Most New analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand New stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of New Pacific Metals, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

New Pacific Target Price Projection

New Pacific's current and average target prices are 2.29 and 4.75, respectively. The current price of New Pacific is the price at which New Pacific Metals is currently trading. On the other hand, New Pacific's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

New Pacific Market Quote on 19th of May 2024

Low Price2.16Odds
High Price2.3Odds

2.29

Target Price

Analyst Consensus On New Pacific Target Price

Low Estimate4.32Odds
High Estimate5.27Odds

4.75

Historical Lowest Forecast  4.32 Target Price  4.75 Highest Forecast  5.27
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on New Pacific Metals and the information provided on this page.

New Pacific Analyst Ratings

New Pacific's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about New Pacific stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of New Pacific's financials, market performance, and future outlook by experienced professionals. New Pacific's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

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 New Pacific price targets

New Pacific's stock target price is an estimate of its future price, usually made by analysts. Using New Pacific's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at New Pacific'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 New Pacific'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 New Pacific 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 New Pacific is a key component of New Pacific valuation and have some predictive power on the future returns of a New Pacific.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Pacific'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
0.112.297.24
Details
Intrinsic
Valuation
LowRealHigh
0.081.646.59
Details
Naive
Forecast
LowNextHigh
0.052.487.43
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.01-0.01-0.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Pacific. Your research has to be compared to or analyzed against New Pacific's peers to derive any actionable benefits. When done correctly, New Pacific'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 New Pacific Metals.

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 New Pacific Metals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Pacific Metals Stock. Highlighted below are key reports to facilitate an investment decision about New Pacific Metals Stock:
Check out Macroaxis Advice on New Pacific to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running New Pacific's price analysis, check to measure New Pacific'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 New Pacific is operating at the current time. Most of New Pacific's value examination focuses on studying past and present price action to predict the probability of New Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Pacific's price. Additionally, you may evaluate how the addition of New Pacific to your portfolios can decrease your overall portfolio volatility.
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The data published in New Pacific's official financial statements usually reflect New Pacific'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 New Pacific Metals. For example, before you start analyzing numbers published by New accountants, it's critical to develop an understanding of what New Pacific's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of New Pacific'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, New Pacific's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in New Pacific's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of New Pacific Metals. Please utilize our Beneish M Score to check the likelihood of New Pacific's management manipulating its earnings.