Compania de Minas Buenaventura S.A.A. (NYSE:BVN) is trading up 297.93% versus 12-month low of 3.29 and stands -20.17% lower from its 1-year peak of $16.41. The consensus price target (PT) of $13.57 means that the market expects Company shares to increase by 6.1% in the short run. The sell-side target prices range from $11.9 to $17. In the last month the stock has moved in price 9.81%, with a one year change of 219.50%. The last trading session volume compares with the 1.72M average and market worth floats around 3.25B.
Compania de Minas Buenaventura S.A.A. (NYSE:BVN) gained 2.42% to reach at the trading price of $13.10 as it is set to release its next quarterly earnings report on March 02, 2017. Compania de Minas Buenaventura S.A.A. stock trades in the range of $12.76 to $13.18 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $0.18 a share with $290M in revenue.
Compania de Minas Buenaventura S.A.A. (BVN) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast Compania de Minas Buenaventura S.A.A. to earn $0.24 per share (EPS).
While if we look at the Earnings Track Record, Compania de Minas Buenaventura S.A.A. (BVN) managed to surpass quarterly earnings per share estimates in 5 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 41%. Last time the company reported, Compania de Minas Buenaventura S.A.A. (BVN) generated $-0.10 in earnings per share, missing the consensus estimate of $0.12. Revenues hit $257.48M in the September 2017 quarter, which was below the consensus $262M projection. On the other hand, in the June 2017 quarter the company recorded a net $220.79M revenue with earnings per share of $0.23. Wall Street had anticipated $257M and $0.11, respectively. For comparison, there was a revenue of $215.08M and EPS of $0.21 in the March 2016 period.
Compania de Minas Buenaventura S.A.A. (NYSE:BVN) Analyst Insights
The buoyancy in the outlook of Compania de Minas Buenaventura S.A.A. (BVN) is getting weaker by the somewhat negative sentiment (2.80 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Neutral. BofA/Merrill has been covering shares of BVN, so it is most recent view is worth a look. In a research note issued on Dec 13, 2016, analysts at HSBC Securities lifted the stock to Buy from Hold. Another noteworthy analyst activity was recorded on Jun 28, 2016. BofA/Merrill Analysts lifted the stock to Buy from Neutral.