New Gold Inc. (USA) (NYSEMKT:NGD) plunged -1.60% or -0.05 points during previous trade after opening at the price of $3.23, a total of 7.10M shares exchanged hands compared with its average trading volume of 7.87M shares. The stock has a market capitalization of $1.64B and it has 513.71M outstanding shares.
According to consensus agreement of 14 analysts New Gold Inc. (USA) (NYSEMKT:NGD) will report earnings per share of $0.01 in their quarterly report and it is expected to announce the company’s results on 2/15/17 After Market Close. The stock lost almost -17.5% in price since last earning report, when its share price was $3.78. For the current quarter the company has highest EPS estimates of $0.03 and low forecast is $-0.02. However a year ago for the same quarter the company has reported $0.01 earnings per share.
Earnings reaction history indicates that share price went up 4 times out of last 7 quarters. In New Gold Inc. (USA) (NYSEMKT:NGD)’s last 12 earnings reports, it has beaten EPS estimates 41% of the time. However it has meet the estimates 2 times and missed 5 times.
If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 9/2016, the consensus mean EPS was $0.02 while New Gold Inc. (USA) (NYSEMKT:NGD) reported $0.03 EPS on 10/27/2016 After Market Close with a difference of 0.01 marking a surprise factor of 50.00%. The stock’s next day closing price was $4.01 with the gain of 6.08% in its share price. On seventh day of the earnings report price change of the stock was 9.79%.
Previously for the quarter ended on 6/2016, New Gold Inc. (USA) (NYSEMKT:NGD)’s expected mean EPS was $0.00, the company reported its quarterly earnings per share of $0.03 on 7/27/2016 After Market Close, meeting the analysts’ consensus estimate by 0.00 with surprise factor of 0.00%. The stock’s closing price was $4.82 with the gain of 0.84% in its share price on the day following the earning announcement. However price change of the stock was 17.36% on seventh day of the earnings report.
New Gold Inc. (USA) (NYSEMKT:NGD)’s mean EPS estimate was $0.00 for the quarter ended on 3/2016, while it reported EPS of $0.05 on 4/27/2016 After Market Close, meeting the analysts’ consensus estimate by 0.00 with surprise factor of 0.00%. On next day when data was publically announced, the stock’s closing price was $4.48 with -1.54% decline in its share price. On seventh day of the earnings report price change of the stock was down -7.25%.
Back on 2/17/2016 the company’s estimated EPS value was $0.01 and it reported $0.01 earnings per share (EPS) for the quarter ended on 12/2015. The company posted a meeting surprise factor of 0.00% by 0.00.
Average EPS forecast for the current year is $0.06 according to 14 analysts making projections for New Gold Inc. (USA) (NYSEMKT:NGD). The most expectant earnings per share estimate of the stock is set at $0.1 while the conservative estimates kept at $0.04 over the current year. Having a look at the historical EPS report, the company attained $-0.02 EPS for the previous year. While revenue estimates for the current year is $686.46M, New Gold Inc. (USA) (NYSEMKT:NGD) setting the highest revenues estimates of $716M and indicating lowest revenues at $669.25M according to agreement of 13 number of analysts. Current quarter revenue movements show that, the company has set average revenue estimates of $167.24M covering forecast of 4 analysts. The company indicates a peak revenue level of $176M and $155.75M at bottom level.
Having a glance at growth estimates of the company, Its forecasts over growth are 400.00% during current year while analysts’ growth estimation for the next year is -33.30%. Past 5 years growth of New Gold Inc. (USA) (NYSEMKT:NGD) observed at -31.59%, and for the next five years the analysts that follow this company are expecting its growth at -25.31%.
New Gold Inc. (USA) (NYSEMKT:NGD) reached at $3.07 price level during last trade its distance from 20 days simple moving average is -10.87%, and its distance from 50 days simple moving average is -13.56% while it has a distance of -27.61% from the 200 days simple moving average. One year trading price range hit the peak level of $6.04 and touched the lowest level of $2.39. The company’s distance from 52-week high price is -49.17% and current price is above +28.45% from 52-week low price.