Barrick Gold FY2025 EPS Estimate Lowered by Raymond James

Barrick Gold Corp (NYSE:GOLD) (TSE:ABX) – Equities researchers at Raymond James cut their FY2025 earnings estimates for shares of Barrick Gold in a research report issued on Thursday, February 6th. Raymond James analyst B. Macarthur now expects that the gold and copper producer will earn $1.34 per share for the year, down from their prior estimate of $1.36. Raymond James has a “Outperform” rating and a $24.00 price target on the stock. The consensus estimate for Barrick Gold’s current full-year earnings is $1.23 per share. Raymond James also issued estimates for Barrick Gold’s Q4 2025 earnings at $0.36 EPS.

Other research analysts also recently issued reports about the stock. Berenberg Bank upped their target price on shares of Barrick Gold from $37.00 to $38.00 in a research note on Tuesday, November 26th. Bank of America lowered Barrick Gold from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $21.00 to $18.00 in a research report on Monday, January 27th. UBS Group downgraded shares of Barrick Gold from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $23.00 to $22.00 in a research report on Wednesday, October 30th. CIBC downgraded Barrick Gold from a “sector outperform” rating to a “neutral” rating in a research note on Monday, November 25th. Finally, TD Securities dropped their price target on shares of Barrick Gold from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Tuesday, November 26th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $23.83.

Barrick Gold Price Performance

Shares of NYSE GOLD opened at $17.44 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.65 and a quick ratio of 2.06. Barrick Gold has a 1-year low of $13.76 and a 1-year high of $21.35. The company has a market capitalization of $30.11 billion, a price-to-earnings ratio of 18.75, a PEG ratio of 0.39 and a beta of 0.55. The business has a 50-day moving average of $16.19 and a 200-day moving average of $18.17.

Institutional Trading of Barrick Gold

Large investors have recently modified their holdings of the stock. Principal Financial Group Inc. grew its stake in shares of Barrick Gold by 19.9% in the third quarter. Principal Financial Group Inc. now owns 483,613 shares of the gold and copper producer’s stock worth $9,630,000 after purchasing an additional 80,366 shares during the last quarter. Mizuho Markets Americas LLC boosted its position in shares of Barrick Gold by 21.7% during the third quarter. Mizuho Markets Americas LLC now owns 2,317,580 shares of the gold and copper producer’s stock valued at $46,097,000 after buying an additional 413,012 shares during the last quarter. Entropy Technologies LP bought a new stake in Barrick Gold during the third quarter worth $3,711,000. Aigen Investment Management LP raised its position in Barrick Gold by 330.5% in the 3rd quarter. Aigen Investment Management LP now owns 99,240 shares of the gold and copper producer’s stock valued at $1,974,000 after buying an additional 76,186 shares during the last quarter. Finally, Crocodile Capital Partners GmbH lifted its stake in Barrick Gold by 97.3% during the 4th quarter. Crocodile Capital Partners GmbH now owns 1,460,000 shares of the gold and copper producer’s stock valued at $22,630,000 after acquiring an additional 720,000 shares in the last quarter. 62.85% of the stock is owned by institutional investors and hedge funds.

Barrick Gold Company Profile

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.
 
In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.