Newmont Goldcorp Corp Stock Buy Hold or Sell Recommendation
| NEM Stock | USD 43.38 0.06 0.14% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding Newmont Goldcorp Corp is 'Strong Hold'. The recommendation algorithm takes into account all of Newmont Goldcorp's available fundamental, technical, and predictive indicators you will find on this site.
Check out Newmont Goldcorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Newmont and provide practical buy, sell, or hold advice based on investors' constraints. Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Newmont |
Execute Newmont Goldcorp Buy or Sell Advice
The Newmont recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Newmont Goldcorp Corp. Macroaxis does not own or have any residual interests in Newmont Goldcorp Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Newmont Goldcorp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Newmont Goldcorp Trading Alerts and Improvement Suggestions
| Newmont Goldcorp generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 11.81 B. Reported Net Loss for the year was (2.52 B) with profit before taxes, overhead, and interest of 4.53 B. | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Newmont Goldcorp paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from bnnbloomberg.ca: Gold just topped 2,700 an ounce, but heres why that price could double over the next half decade |
Newmont Goldcorp Returns Distribution Density
The distribution of Newmont Goldcorp's historical returns is an attempt to chart the uncertainty of Newmont Goldcorp's future price movements. The chart of the probability distribution of Newmont Goldcorp daily returns describes the distribution of returns around its average expected value. We use Newmont Goldcorp Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Newmont Goldcorp returns is essential to provide solid investment advice for Newmont Goldcorp.
| Mean Return | -0.22 | Value At Risk | -3.2 | Potential Upside | 2.51 | Standard Deviation | 2.49 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Newmont Goldcorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Newmont Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Newmont Goldcorp, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Newmont Goldcorp Corp back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Amundi | 2024-06-30 | 10.9 M | Nuveen Asset Management, Llc | 2024-06-30 | 10 M | Orbis Allan Gray Ltd | 2024-09-30 | 9.2 M | Ameriprise Financial Inc | 2024-06-30 | 8.8 M | Ubs Group Ag | 2024-06-30 | 8.3 M | Amvescap Plc. | 2024-06-30 | 8.1 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 8.1 M | Legal & General Group Plc | 2024-06-30 | 8.1 M | Fmr Inc | 2024-09-30 | 7.1 M | Vanguard Group Inc | 2024-09-30 | 135.6 M | Blackrock Inc | 2024-06-30 | 119.3 M |
Newmont Goldcorp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (132M) | (139M) | (136M) | (161M) | (187M) | (196.4M) | |
| Change In Cash | (1.1B) | 3.3B | (555M) | (2.1B) | 156M | 113.4M | |
| Free Cash Flow | 1.4B | 3.6B | 2.6B | 1.1B | 97M | 92.2M | |
| Depreciation | 2.0B | 2.3B | 2.3B | 2.2B | 2.1B | 2.2B | |
| Other Non Cash Items | (2.1B) | (354M) | 2.3B | 2.5B | 3.7B | 3.9B | |
| Dividends Paid | 889M | 834M | 1.8B | 1.7B | 1.4B | 1.5B | |
| Capital Expenditures | 1.5B | 1.3B | 1.7B | 2.1B | 2.7B | 2.8B | |
| Net Income | 2.9B | 2.8B | 233M | (399M) | (2.5B) | (2.4B) | |
| End Period Cash Flow | 2.3B | 5.6B | 5.1B | 2.9B | 3.1B | 1.7B | |
| Investments | 112M | 210M | (15M) | (3.0B) | (1.5B) | (1.4B) | |
| Net Borrowings | 1.9B | (175M) | (390M) | (89M) | (80.1M) | (76.1M) | |
| Change To Netincome | (1.8B) | (944M) | 437M | (104M) | (93.6M) | (88.9M) |
Newmont Goldcorp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Newmont Goldcorp or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Newmont Goldcorp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Newmont stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 2.52 | |
Ir | Information ratio | -0.14 |
Newmont Goldcorp Volatility Alert
Newmont Goldcorp Corp exhibits very low volatility with skewness of -3.18 and kurtosis of 17.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Newmont Goldcorp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Newmont Goldcorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Newmont Goldcorp Fundamentals Vs Peers
Comparing Newmont Goldcorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Newmont Goldcorp's direct or indirect competition across all of the common fundamentals between Newmont Goldcorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Newmont Goldcorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Newmont Goldcorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Newmont Goldcorp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Newmont Goldcorp to competition |
| Fundamentals | Newmont Goldcorp | Peer Average |
| Return On Equity | -0.0516 | -0.31 |
| Return On Asset | 0.0413 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | 0.28 % | (5.51) % |
| Current Valuation | 55.43 B | 16.62 B |
| Shares Outstanding | 1.14 B | 571.82 M |
| Shares Owned By Insiders | 0.08 % | 10.09 % |
| Shares Owned By Institutions | 73.86 % | 39.21 % |
| Number Of Shares Shorted | 18.54 M | 4.71 M |
| Price To Earning | 37.91 X | 28.72 X |
| Price To Book | 1.66 X | 9.51 X |
| Price To Sales | 2.91 X | 11.42 X |
| Revenue | 11.81 B | 9.43 B |
| Gross Profit | 4.53 B | 27.38 B |
| EBITDA | (166 M) | 3.9 B |
| Net Income | (2.52 B) | 570.98 M |
| Cash And Equivalents | 2.88 B | 2.7 B |
| Cash Per Share | 4.80 X | 5.01 X |
| Total Debt | 9.44 B | 5.32 B |
| Debt To Equity | 0.29 % | 48.70 % |
| Current Ratio | 2.72 X | 2.16 X |
| Book Value Per Share | 25.97 X | 1.93 K |
| Cash Flow From Operations | 2.76 B | 971.22 M |
| Short Ratio | 1.78 X | 4.00 X |
| Earnings Per Share | (2.19) X | 3.12 X |
| Price To Earnings To Growth | 0.79 X | 4.89 X |
| Target Price | 57.53 | |
| Number Of Employees | 21.7 K | 18.84 K |
| Beta | 0.53 | -0.15 |
| Market Capitalization | 49.39 B | 19.03 B |
| Total Asset | 55.51 B | 29.47 B |
| Retained Earnings | (3 B) | 9.33 B |
| Working Capital | 1.51 B | 1.48 B |
Note: Acquisition by Dean Gehring of 9903 shares of Newmont Goldcorp subject to Rule 16b-3 [view details]
Newmont Goldcorp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Newmont . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Newmont Goldcorp Buy or Sell Advice
When is the right time to buy or sell Newmont Goldcorp Corp? Buying financial instruments such as Newmont Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Newmont Goldcorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Newmont Goldcorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.039 | Dividend Share 1 | Earnings Share (2.19) | Revenue Per Share 15.331 | Quarterly Revenue Growth 0.847 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.