Goldcorp Inc. (NYSE:GG) Stock Rating Lowered by BidaskClub

Goldcorp Inc. (NYSE:GG) Stock Rating Lowered by BidaskClub

Stocks with higher EPS growth rates are generally more preferred by investors than those with slower earnings-per-share growth rates, though in general high growth rates have a propensity to revert over the longer term to more even growth rates.

Harbour Capital Advisors, LLC bolstered its stake by buying 189,415 shares an increase of 1,148.0% in the quarter. Next quarter's EPS is forecasted to be $0.10 with next year's EPS anticipated to be $0.49. Zacks' sales averages are a mean average based on a survey of research analysts that cover Goldcorp.

Goldcorp (NYSE:GG) (TSE:G) last announced its quarterly earnings data on Wednesday, April 26th. Jefferies Group also issued estimates for Goldcorp's FY2018 earnings at $0.58 EPS, FY2019 earnings at $0.80 EPS and FY2020 earnings at $0.95 EPS. Goldcorp had a return on equity of 3.46% and a net margin of 13.22%.

In the last reported quarter, Goldcorp Inc reported its Actual EPS (earnings per share) of $0.12/share where most of the analysts working on this stock were estimating the EPS to be $0.09/share.

In addition to BidaskClub reporting its stock price target, a total of 20 brokerages have issued a research note on the company. Jefferies Group LLC boosted their price target on shares of Goldcorp from $14.50 to $15.00 and gave the company a hold rating in a research report on Wednesday, April 19th. Royal Bank Of Canada restated a hold rating and set a $16.00 price target on shares of Goldcorp in a research report on Tuesday, June 13th. They noted that the move was a valuation call. While looking the figure depicted by the Price to Earning we can suggest that the shares of Goldcorp Inc. The latest reports which are outstanding on Saturday 29th of July state 1 analyst has a rating of "strong buy", 10 analysts "buy", 12 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell". The company now has an average rating of "Hold" and an average price target of C$22.33.

Several large investors have recently bought and sold shares of GG.

09/07/2016 - Berenberg Bank began new coverage on Goldcorp Inc. giving the company a "hold" rating. Comerica Bank boosted its stake in Goldcorp by 9.1% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 24,252 shares of the basic materials company's stock worth $354,000 after buying an additional 312 shares during the period. FMR LLC now owns 17,612,338 shares of the basic materials company's stock worth $256,931,000 after buying an additional 10,937,064 shares during the last quarter. Winslow Evans & Crocker Inc. raised its stake in Goldcorp by 1.3% in the first quarter. Bennicas & Associates Inc. now owns 115,560 shares of the basic materials company's stock worth $1,686,000 after buying an additional 900 shares during the period. Investors measure stock performance on the basis of a company's earnings power.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Transcript Daily and is the property of of Transcript Daily. If you are viewing this piece on another website, it was stolen and reposted in violation of U.S. and global trademark and copyright legislation. The legal version of this story can be accessed at

TRADEMARK VIOLATION NOTICE: This story was posted by Sports Perspectives and is the sole property of of Sports Perspectives. (GG) now has a value of $13.79 while the company's 52 week low is at $11.91, the shares dropped to the 52 week low on 12/15/16.

Shares last traded at $13.07 barely below the 50 day moving average which is $13.23 and slightly below the 200 day moving average of $14.60.

The company's P/E ratio is 44.66 and market cap is 11.16B.



Related Posts

US Vice President to visit Georgia tomorrow
The U.S. military displayed Patriot missiles in Lithuania earlier this month after having used them in an exercise there. Kelly said Pence's visit will be a strong message that USA supports Georgia's sovereignty and territorial integrity.

Angelina Jolie denies 'child abuse' in First They Killed My Father auditions
The children were also asked to pretend they had been caught and had to come up with a lie. Jolie's reps did not immediately respond to request for comment.

Inter Milan Spot Chelsea An Astounding 50-Yard Own Goal, Win Anyway
Roberto Gagliardini was the next to test Courtois and blazed narrowly wide as Batshuayi looked like Chelsea's biggest goal threat. Thibaut Courtois saved the spot-kick, but Jovetic pounced on the rebound to give his side the lead.

Senators plan legislation to insulate Mueller from firing
Graham is now investigating Russian meddling in his role leading the Judiciary panel's subcommittee on crime and terrorism, along with Democratic Sen.

Trump will sign Russian Federation sanctions bill, White House says
The first face-to-face meeting between Trump and Putin, in Hamburg, Germany, earlier this month, failed to yield a breakthrough. Congress gave bilateral approval to a new slate of sanctions on Russian Federation over its interference in the 2016 election.

Anifah To Attend OIC Meeting On Israeli Violation Against Al Aqsa Mosque
The revered site is the third-holiest site in Islam and the most sacred for Jews as the site of the first and second ancient temples.

BT pitches $788m plan for faster United Kingdom rural broadband
Fixed coverage would be the priority and BT expects to complete the roll-out by 2021 or 2022. The offer is being considered by the government.

Wenger: Alexis Sanchez returns to Arsenal action this week
Wenger also refused to say if he would make another bid for £50 million-rated ($65 million, 56 million euro) Monaco winger Thomas Lemar after having several offers rejected.

Scaramucci divorce: 'Fed up' wife files for divorce nine-months-pregnant
The New York Daily News confirmed that Deidre had filed for divorce when she was still pregnant. On Saturday morning, Scaramucci tweeted, "Family does not need to be drawn into this".

US Finally Ends Laptop Ban Due To 'Enhanced Security Measures In Place'
KELLY: We tested it on a real airplane on the ground, pressurized. But this isn't the end for scrutiny of devices on airplanes. And to say the least, it destroyed the airplane.

© 2015 ExpressNewsline. All Rights reserved.