NEW YORK (TheStreet) -- Shares of Goldcorp Inc. are up by 1.46% to $23.65 in early afternoon trading on Friday, as some stocks within the gold and mining sectors rise along with the price of the precious metal. Gold for April delivery is ticking up slightly by 0.67% to $1,228.90 on the COMEX this afternoon. The yellow metal is on the move forward this afternoon due to a weaker dollar resulting from disappointing U.S. economic data on retail sales, Reuters reports. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Despite today's gain gold is still heading for a third week of losses as expectations of a hike in U.S. interest rates increase and Greece is anticipated to reach a deal with its creditors. "We are in a holding pattern between $1,150 and $1,300 just because there isn't enough clarity around when the Fed is going to be hiking interest rates and what is going to be happening with Greece," an ING senior bank strategist told Reuters. "So until we see what is going to happen in the long term, gold is likely to remain in this range," the strategist added. Separately, TheStreet Ratings team rates GOLDCORP INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation: "We rate GOLDCORP INC (GG) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share." Highlights from the analysis by TheStreet Ratings Team goes as follows: The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Metals & Mining industry. The net income has significantly decreased by 980.0% when compared to the same quarter one year ago, falling from $5.00 million to -$44.00 million. This stock has managed to decline in share value by 1.13% over the past twelve months. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time. Net operating cash flow has decreased to $192.00 million or 29.92% when compared to the same quarter last year. Despite a decrease in cash flow of 29.92%, GOLDCORP INC is in line with the industry average cash flow growth rate of -38.98%. GOLDCORP INC's earnings have gone downhill when comparing its most recently reported quarter with the same quarter a year earlier. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, GOLDCORP INC swung to a loss, reporting -$3.30 versus $1.78 in the prior year. This year, the market expects an improvement in earnings ($0.71 versus -$3.30). The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Metals & Mining industry and the overall market on the basis of return on equity, GOLDCORP INC underperformed against that of the industry average and is significantly less than that of the S&P 500. You can view the full analysis from the report here: GG Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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