First Majestic Silver Corporation (AG) Stock Forecast & Predictions

First Majestic Silver Corporation AG: $10.7

925 West Georgia Street, Vancouver, British Columbia, Canada. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.firstmajestic.com

  • Market Cap$2.78B
  • Change (52 Weeks)-9.30%
  • Low (52 Weeks)$9.86
  • First Majestic Silver Corporation (AG) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for First Majestic Silver Corporation (AG) is based on 14 Institutional Analyst Ratings where 50.00% are on Strong Buy, 21.43% on Moderate Buy, 28.57% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 14 Institutional Analysts, majority recommended AG stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of First Majestic Silver Corporation.

    First Majestic Silver Corporation (AG) Stock Price Prediction By Analysts


    HighLowAverage
    $26.23$10.69$16.20
    $16.2051.36% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for AG set by the institutional analysts is $16.20 where High Estimate is $26.23, Median $14.875975609756097 and Low $10.69.

    The average price target for AG by Institutional Analysts is $16.20, which is 51.36% Upside from the current price. So according to the Institutional Analysts, AG Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    First Majestic Silver Corporation (AG) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    National Bank of Canada FinancialMarket PerformDowngraded
    TDNewcrestBuyDowngraded
    NationalBankFinancialMarket PerformInitiated
    CormarkFinancialBuyMaintained
    Cormark SecuritiesBuyMaintained
    Cormark SecuritiesUpgraded
    SbankSector PerformMaintained
    National Bank FinancialSector PerformUpgraded
    SbankSector PerformInitiated
    HC WainwrightBuyReiterated
    BMO Capital MarketsUpgraded
    National Bank FinancialSector PerformDowngraded
    Cormark SecuritiesBuyDowngraded
    TD SecuritiesHoldDowngraded
    TD SecuritiesUpgraded
    Cormark SecuritiesDowngraded
    National Bank FinancialSector PerformUpgraded
    BMO Capital MarketsUpgraded
    TD SecuritiesHoldDowngraded
    HC Wainwright & Co.BuyMaintained
    National Bank FinancialSector PerformUpgraded
    TD SecuritiesBuyUpgraded
    HC Wainwright & Co.BuyMaintained
    National Bank FinancialUpgraded
    HC Wainwright & Co.BuyMaintained
    Cormark SecuritiesUpgraded
    BMO Capital MarketsUpgraded
    TD SecuritiesHoldDowngraded
    National Bank FinancialSector PerformUpgraded
    Cormark SecuritiesUpgraded
    National Bank FinancialSector PerformUpgraded
    B. Riley FBRNeutralMaintained
    HC Wainwright & Co.BuyReiterated
    B. Riley FBRNeutralMaintained
    National Bank FinancialSector PerformUpgraded
    B. Riley FBRNeutralMaintained
    National Bank FinancialSector PerformDowngraded
    B. Riley FBRNeutralMaintained
    National Bank FinancialSector PerformDowngraded
    B. Riley FBRNeutralMaintained
    H.C. WainwrightBuyMaintained
    B. Riley FBRNeutralMaintained
    Cormark SecuritiesDowngraded
    BMO Capital MarketsDowngraded
    National Bank FinancialDowngraded
    B. RileyNeutralMaintained
    National Bank FinancialSector PerformUpgraded
    National Bank FinancialSector PerformUpgraded
    HC WainwrightBuyUpgraded
    H.C. WainwrightBuyMaintained
    TD SecuritiesBuyUpgraded
    BMO Capital MarketsUpgraded
    National Bank FinancialUpgraded
    National Bank FinancialSector PerformUpgraded
    BMO Capital MarketsMarket PerformInitiated
    National Bank FinancialSector PerformUpgraded
    B. RileyNeutralInitiated
    National Bank FinancialSector PerformDowngraded
    Cormark Securities10Initiated
    BMO Capital MarketsMarket PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    BMO Capital MarketsOutperformUpgraded
    BMO CapitalOutperformUpgraded
    TD SecuritiesBuyDowngraded
    National Bank FinancialSector PerformDowngraded
    BMO Capital MarketsMarket PerformDowngraded
    H.C. WainwrightBuyMaintained
    National Bank FinancialUpgraded
    TD SecuritiesBuyUpgraded
    BMO CapitalMarket PerformUpgraded
    Roth CapitalBuyInitiated
    National Bank FinancialSector PerformDowngraded
    BMO Capital MarketsUnderperformDowngraded
    BMO CapitalUnderperformDowngraded
    National Bank FinancialOutperformDowngraded
    National Bank FinancialOutperformDowngraded
    TD SecuritiesHoldDowngraded
    TD SecuritiesHoldMaintained
    Raymond James FinancialMarket PerformMaintained
    Raymond JamesMarket PerformUpgraded
    TD SecuritiesSector PerformMaintained
    SbankHoldMaintained
    Raymond JamesUnderperformDowngraded
    SbankSector PerformMaintained
    Raymond James FinancialMaintained
    Desjardins SecuritiesMaintained
    BMO Capital MarketsAt Market PerformMaintained
    Raymond JamesMarket PerformUpgraded
    Desjardins SecuritiesMaintained
    Desjardins SecuritiesMaintained
    TD SecuritiesMaintained
    National Bank FinancialMaintained
    TD SecuritiesHoldMaintained
    Raymond James FinancialMaintained
    Raymond James FinancialUnderperformMaintained
    Raymond JamesUnderperformDowngraded
    Rodman & RenshawBuyMaintained
    Desjardins SecuritiesMaintained
    DesjardinsSellDowngraded
    Raymond James FinancialMaintained
    BMO Capital MarketsMaintained
    BMO CapitalUnderperformDowngraded
    TD SecuritiesBuyUpgraded
    Rodman & RenshawBuyInitiated
    Desjardins SecuritiesMaintained
    SbankMaintained
    Desjardins SecuritiesHoldMaintained
    SbankMaintained
    TD SecuritiesHoldMaintained
    SbankMaintained
    BMO Capital MarketsAt Market PerformMaintained
    National Bank FinancialSector PerformInitiated
    DesjardinsBuyUpgraded
    DesjardinsHoldDowngraded
    Desjardins SecuritiesBuyUpgraded
    SbankSector PerformDowngraded
    Raymond James FinancialAt Market PerformDowngraded
    Raymond James FinancialOutperformMaintained
    Dundee SecuritiesBuyMaintained
    Raymond James FinancialOutperformMaintained
    TD SecuritiesHoldMaintained
    CowenAt Market PerformMaintained
    Raymond James FinancialOutperformMaintained
    Dundee SecuritiesBuyMaintained
    TD SecuritiesHoldMaintained
    CowenMaintained
    CowenMaintained
    TD SecuritiesBuyMaintained
    Dundee SecuritiesMaintained
    BMO Capital MarketsAt Market PerformMaintained
    TD SecuritiesBuyMaintained
    Raymond James FinancialStrong BuyMaintained
    BMO Capital MarketsMaintained
    Desjardins SecuritiesBuyMaintained
    CowenMaintained
    TD SecuritiesBuyMaintained
    Raymond James FinancialOutperformMaintained
    Dundee SecuritiesBuyMaintained
    BMO Capital MarketsOutperformMaintained
    BMO CapitalOutperformUpgraded
    Raymond James FinancialMaintained
    Raymond James FinancialMaintained
    Raymond JamesOutperformMaintained
    TD SecuritiesBuyInitiated
    Raymond James FinancialMaintained

    First Majestic Silver Corporation (AG) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.151
    The average consensus EPS for AG is $0.151 with a high estimate of $0.189 and Low of $0.098 for the period 2022-03-31 and based on 6 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.05$0.08242021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.07$02021-09-30
    $0.05$0.08242021-06-30
    $0.03$0.07552021-03-31
    $0.11$0.10922020-12-31
    $0.12$0.14012020-09-30
    $-0.1$-0.03092020-06-30
    $0.04$0.01652020-03-31
    $0$0.04982019-12-31
    $0.06$0.03352019-09-30
    $-0.02$-0.01652019-06-30
    $-0.01$-0.0182019-03-31
    $-0.05$-0.05922018-12-31
    $$2018-09-30
    $$2018-06-30
    $$2018-03-31
    $$2017-12-31
    $0$0.01032017-09-30
    $-0.02$0.02082017-06-30
    $$2017-03-31
    $$2016-12-31
    $$2016-09-30
    $$2016-06-30
    $$2016-03-31
    $-0.02$-0.02582015-12-31
    $-0.06$-0.04292015-09-30
    $-0.03$-0.01772015-06-30
    $0$0.00152015-03-31
    $0.04$0.04272014-12-31
    $-0.04$-0.00522014-09-30
    $0.02$0.06522014-06-30
    $0.06$0.10452014-03-31
    $0.05$0.11182013-12-31
    $0.22$0.15012013-09-30
    $0.03$0.0672013-06-30
    $$2013-03-31
    $0.19$0.2762012-12-31
    $0.21$0.22492012-09-30
    $0.19$0.21122012-06-30
    $0.26$0.23952012-03-31
    $0.1953$0.24382011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).