In-Depth Examination Of 5 Analyst Recommendations For Coeur Mining

During the last three months, 5 analysts shared their evaluations of Coeur Mining CDE, revealing diverse outlooks from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 3 0 0
Last 30D 0 1 0 0 0
1M Ago 1 0 2 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 1 0 0

In the assessment of 12-month price targets, analysts unveil insights for Coeur Mining, presenting an average target of $4.58, a high estimate of $5.50, and a low estimate of $3.75. This upward trend is apparent, with the current average reflecting a 18.04% increase from the previous average price target of $3.88.

price target chart

Decoding Analyst Ratings: A Detailed Look

The standing of Coeur Mining among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Kevin O'Halloran BMO Capital Raises Outperform $5.50 $4.25
Kevin O'Halloran BMO Capital Raises Market Perform $4.25 $3.50
Joe Reagor Roth MKM Announces Buy $5.40 -
Brian MacArthur Raymond James Raises Market Perform $4.00 $3.75
Brian MacArthur Raymond James Lowers Market Perform $3.75 $4.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Coeur Mining. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Coeur Mining compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Coeur Mining's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Coeur Mining's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Coeur Mining analyst ratings.

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Delving into Coeur Mining's Background

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.

Financial Milestones: Coeur Mining's Journey

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Coeur Mining's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 24.74% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.

Net Margin: Coeur Mining's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -9.73%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Coeur Mining's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -2.46%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Coeur Mining's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.23%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Coeur Mining's debt-to-equity ratio surpasses industry norms, standing at 0.54. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: Simplified

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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