Analysts Issue Forecasts for Alamos Gold FY2025 Earnings

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Analysts at Scotiabank increased their FY2025 earnings per share estimates for Alamos Gold in a research report issued on Tuesday, October 28th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings per share of $1.52 for the year, up from their prior forecast of $1.32. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.29 per share. Scotiabank also issued estimates for Alamos Gold’s FY2026 earnings at $2.22 EPS.

A number of other research analysts have also weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Alamos Gold in a research report on Wednesday, October 8th. Stifel Canada upgraded shares of Alamos Gold to a “strong-buy” rating in a research note on Tuesday, July 8th. Zacks Research raised shares of Alamos Gold from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 3rd. BMO Capital Markets reaffirmed an “outperform” rating on shares of Alamos Gold in a report on Tuesday, September 16th. Finally, Stifel Nicolaus assumed coverage on Alamos Gold in a research report on Wednesday, July 9th. They set a “buy” rating for the company. Three investment analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $41.00.

Alamos Gold Stock Performance

NYSE AGI opened at $30.80 on Friday. The company has a fifty day moving average price of $32.69 and a 200-day moving average price of $28.66. The firm has a market cap of $12.95 billion, a price-to-earnings ratio of 24.06, a PEG ratio of 0.50 and a beta of 0.50. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.00. Alamos Gold has a 1 year low of $17.42 and a 1 year high of $37.54.

Alamos Gold (NYSE:AGI) (TSE:AGI) last released its quarterly earnings results on Wednesday, October 29th. The basic materials company reported $0.37 EPS for the quarter, meeting analysts’ consensus estimates of $0.37. Alamos Gold had a return on equity of 12.69% and a net margin of 33.46%.The business had revenue of $462.30 million during the quarter, compared to analyst estimates of $490.96 million. During the same period in the prior year, the firm posted $0.19 EPS. Alamos Gold’s quarterly revenue was up 28.1% compared to the same quarter last year.

Alamos Gold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Thursday, September 11th. Alamos Gold’s payout ratio is presently 12.05%.

Institutional Investors Weigh In On Alamos Gold

Several large investors have recently modified their holdings of the stock. 1620 Investment Advisors Inc. purchased a new position in Alamos Gold in the third quarter valued at approximately $35,000. Ameritas Advisory Services LLC purchased a new stake in Alamos Gold in the second quarter worth $30,000. Banque Transatlantique SA bought a new stake in shares of Alamos Gold in the first quarter valued at $31,000. SBI Securities Co. Ltd. lifted its position in shares of Alamos Gold by 67.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,645 shares of the basic materials company’s stock valued at $44,000 after buying an additional 660 shares during the last quarter. Finally, SVB Wealth LLC purchased a new position in shares of Alamos Gold during the 1st quarter valued at $67,000. Hedge funds and other institutional investors own 64.33% of the company’s stock.

About Alamos Gold

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.