AngloGold Ashanti Limited (ADR) (NYSE:AU): Check on Rating and Recommendations

AngloGold Ashanti Limited (ADR) (NYSE:AU) fell -5.71% during previous trade. RBC Capital Mkts issued rating on the stock of AngloGold Ashanti Limited (ADR) (NYSE:AU) in a research note issued to investors on Apr-24-17, the stock received “Downgrade” rating from Outperform to Sector Perform. Additionally BofA/Merrill issued their verdict on the stock of the company, on record date of Apr-05-17 the stock was “Upgraded” from Neutral to Buy besides that on Feb-22-17 AngloGold Ashanti Limited (ADR) (NYSE:AU) was “Downgraded” by Citigroup from Neutral to Sell. Furthermore on May-10-16 the stock was “Downgraded” by Citigroup from Neutral to Sell.

AngloGold Ashanti Limited (ADR) (NYSE:AU) shares ended last trading session at the price of $11.72 whereas a number of traders indicating mean target price will hit $13.70 over the next twelve months, mean value of price target most recently revised on 04/09/17. AngloGold Ashanti Limited (ADR) (NYSE:AU)’s highest estimates of price target are $15.53 and low forecast is $11.63 based on the opinion of 4 analysts. The price target estimates represents a standard deviation of 1.68. However brokerage recommendations suggests an ABR of 1.67 based on calls of 3 experts, where 2 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 1 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

The stock exchanged hands 4.79M shares versus average trading capacity of 3.81M shares, while its shares’ total market worth is $4.84B along with 409M outstanding shares. AngloGold Ashanti Limited (ADR) (NYSE:AU) shares were trading -48.39% below from the 52-week high price mark of $22.71 and +27.41% above from the 52-week price bottom of $9.20. However the company observed 52 week high price on 08/04/16 and witnessed 52 week low price on 12/15/16. The company’s price sits 1.51% above from its 50-day moving average of $11.36 and -16.14% away from the stock’s 200-day moving average which is $11.87. AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price to sales ratio for trailing twelve month stands at 1.21, whereas its price to book ratio for most recent quarter sits at 1.79. However the company’s price to cash per share for most recent quarter stands at 22.51. Its price to free cash flow for trailing twelve months is 10.43.

Eye-Catching Stock: AngloGold Ashanti Limited (NYSE:AU)

AngloGold Ashanti Limited (NYSE:AU) share price soared 5.66% or 0.61 points to reach at $11.38 during previous trading session. The stock’s price fluctuated within the range of $10.81 – $11.45 during previous trading session. A total of 5.21M shares exchanged hands, whereas the company’s average trading volume stands at 3.99M shares. AngloGold Ashanti Limited (NYSE:AU) has a market capitalization of $4.72B and most recently 408.91M outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for AngloGold Ashanti Limited (NYSE:AU) is at 54.33.

According to sentiments of 4 analysts the mean estimates of short term price target for the company’s stock is marked at $13.23. The most optimistic analyst sees the stock reaching $14.50 while the most conventional predicts the target price at $11.63.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 3.00 on the shares of AngloGold Ashanti Limited (NYSE:AU). Out of rating recommendations 0 have given the stock a Buy while 0 recommend the stock as Outperform. 4 have given the stock a Hold rating, 0 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. AngloGold Ashanti Limited (NYSE:AU) distance from 20 day simple moving average is 7.4% whereas its distance from 50 day simple moving average is -1.76% along with -20.46% distance from 200 day simple moving average.

An important factor to consider when evaluating a stock’s current and future value is the 52 week price high and low levels. AngloGold Ashanti Limited (NYSE:AU) shares were trading -49.89% below from the 52-week high mark of $22.71 and 23.71% above from the 52-week bottom of $9.20. The stock hit its 52-week high price on 08/04/16, and 52-week low price on 12/15/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -0.09% in the past one week and soared 8.31% during previous one month drive, the stock went up 9.23% during past quarter. In the last six months the stock’s performance fell -27.89% while yearly performance of the company fell -13.49%. The company’s year to date (YTD) performance is at 9.23%.

While taking a glance at financials, we can look at a number of key indicators. AngloGold Ashanti Limited (NYSE:AU) has a Return on Assets (ROA) of 0.90%. The company currently has a Return on Equity (ROE) of 2.50% and a Return on Investment (ROI) of 6.30%. Average true range (ATR-14) of the company sets at 0.44, along with its weekly and monthly volatility of 3.94%, 3.55% respectively. Beta value of the stock stands at -1.29.

The company’s price to free cash flow for trailing twelve months is 10.56. Its quick ratio for most recent quarter is 0.70 along with current ratio for most recent quarter of 1.50. Total debt to equity ratio of the company for most recent quarter is 0.80 whereas long term debt to equity ratio for most recent quarter 0.79.

Brokers Alert: AngloGold Ashanti Limited (ADR) (NYSE:AU)

AngloGold Ashanti Limited (ADR) (NYSE:AU) fell -5.75% during previous trade. Citigroup issued rating on the stock of AngloGold Ashanti Limited (ADR) (NYSE:AU) in a research note issued to investors on Feb-22-17, the stock received “Downgrade” rating from Neutral to Sell. Additionally Citigroup issued their verdict on the stock of the company, on record date of May-10-16 the stock was “Downgraded” from Neutral to Sell besides that on Apr-11-16 AngloGold Ashanti Limited (ADR) (NYSE:AU) was “Upgraded” by RBC Capital Mkts from Sector Perform to Outperform. Furthermore on Mar-08-16 the stock was “Downgraded” by RBC Capital Mkts from Outperform to Sector Perform.

AngloGold Ashanti Limited (ADR) (NYSE:AU) shares ended last trading session at the price of $11.81 whereas a number of traders indicating mean target price will hit $15.78 over the next twelve months, mean value of price target most recently revised on 02/05/17. AngloGold Ashanti Limited (ADR) (NYSE:AU)’s highest estimates of price target are $22.58 and low forecast is $11.63 based on the opinion of 4 analysts. The price target estimates represents a standard deviation of 6.40. However brokerage recommendations suggests an ABR of 1.75 based on calls of 4 experts, where 2 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 1 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

AngloGold Ashanti Limited (ADR) (NYSE:AU)’s average revenue estimates for the current quarter are $4.53B according to 3 number of analysts. However its lowest revenue estimates are $4.14B and highest revenue estimates are $4.89B. A year ago the company’s sales were $4.25B. Its yearly sales growth estimates are 6.40%. For the next quarter the company has anticipated average revenues of $4.53B, according to the sentiments of 3 analysts. For the current year the company has fixed $4.53B revenues, as per the opinion of 3 analysts. For the current year the company has low revenue estimates of $4.14B in contradiction of high revenue estimates of $4.89B. Whereas for the next year revenues are set at $4.51B by 4 analysts.

The stock exchanged hands 5.60M shares versus average trading capacity of 4.04M shares, while its shares’ total market worth is $4.73B along with 408.24M outstanding shares. AngloGold Ashanti Limited (ADR) (NYSE:AU) shares were trading -48.45% below from the 52-week high price mark of $22.91 and +27.26% above from the 52-week price bottom of $9.28. However the company observed 52 week high price on 07/13/16 and witnessed 52 week low price on 12/20/16. The company’s price sits 1.01% above from its 50-day moving average of $12.42 and -21.36% away from the stock’s 200-day moving average which is $13.78. AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price to sales ratio for trailing twelve month stands at 1.27, whereas its price to book ratio for most recent quarter sits at 1.84. However the company’s price to cash per share for most recent quarter stands at 10.56. Its price to free cash flow for trailing twelve months is 43.

Changes to Broker Targets on AngloGold Ashanti Limited (ADR) (NYSE:AU)

AngloGold Ashanti Limited (ADR) (NYSE:AU) plunged -5.88% during previous trade, a total of 4,273,800 shares exchanged hands compared with its average trading volume of 3.99M shares whereas its relative volume is 1.08. The stock has a market capitalization of $6.52B along with 408.16M outstanding shares. Stock’s intraday price range hit the peak level of $16.91 and touched the lowest level of $16.12.

Most recently AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price target was revised on 09/02/16 and according to 4 analysts stock’s price will reach at $22.95 during 52 weeks with standard deviation of 8.05. Stock’s minimum price target estimates has been figured out at $21.88 while the maximum price target forecast is established at $24.00, if we look at the price target with an optimistic approach it has upside potential of 83% from its latest closing price of $16.16.

Historically, if we look at price target revisions, three weeks ago AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price target was revised on 08/15/16 by the analysts, however the bullish price estimates of the stock set at $24.00 while the bearish estimates kept at $10.50 over the next one year. Stock’s 52-week target was retained at $17.06, the estimates indicates a standard deviation of 9.27.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.00. ABR value is precisely based on brokerage recommendations, where out of 3 brokerage recommendations 1 rate AngloGold Ashanti Limited (ADR) (NYSE:AU) stock a Strong Buy, 1 rate the stocks of the company a Buy, 1 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 5/10/2016 the stock of AngloGold Ashanti Limited (ADR) (NYSE:AU) downgraded by Citigroup from Neutral to Sell. However previously on 4/11/2016 it was upgraded by RBC Capital Mkts from Sector Perform to Outperform. A research note issued on 3/8/2016 the stock was downgraded by RBC Capital Mkts from Outperform to Sector Perform.

AngloGold Ashanti Limited (ADR) (NYSE:AU) performance over the past one year advanced 112.07% whereas its year to date (YTD) performance indicated a bullish trend of 127.61%. During the last six months the stock rose 19.97%. Quarterly performance of the company shows declining momentum of -3.00% while its last one month trend is negative with -27.17%. Stock’s weekly performance expressed down trend of -2.77%.

The company’s price sits -18.91% below from its 50-day moving average of $19.65 and 16.26% far from the stock’s 200-day moving average which is $16.53. AngloGold Ashanti Limited (ADR) (NYSE:AU)’s shares are currently trading -29.46% away from the 52-week high price of $22.91 and +160.65% far from the 52-week low price of $6.20.

Stock on Analysts Radar: AngloGold Ashanti Limited (ADR) (NYSE:AU)

AngloGold Ashanti Limited (ADR) (NYSE:AU) plunged -5.02% during previous trade, a total of 3.56M shares exchanged hands compared with its average trading volume of 3.17M shares whereas its relative volume is 0.90. The stock has a market capitalization of $6.75B along with 407.81M outstanding shares. Stock’s intraday price range hit the peak level of $17.41 and touched the lowest level of $16.50.

Most recently AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price target was revised on 08/15/16 and according to 4 analysts stock’s price will reach at $23.38 during 52 weeks with standard deviation of 9.27. Stock’s minimum price target estimates has been figured out at $22.58 while the maximum price target forecast is established at $24.00, if we look at the price target with an optimistic approach it has upside potential of 78% from its latest closing price of $16.64.

Historically, if we look at price target revisions, three weeks ago AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price target was revised on 07/08/16 by the analysts, however the bullish price estimates of the stock set at $24.31 while the bearish estimates kept at $10.50 over the next one year. Stock’s 52-week target was retained at $16.59, the estimates indicates a standard deviation of 7.05.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.00. ABR value is precisely based on brokerage recommendations, where out of 3 brokerage recommendations 1 rate AngloGold Ashanti Limited (ADR) (NYSE:AU) stock a Strong Buy, 1 rate the stocks of the company a Buy, 1 rate Hold, 1 rate Sell and 1 recommend a Strong Sell. Most recently on 5/10/2016 the stock of AngloGold Ashanti Limited (ADR) (NYSE:AU) downgraded by Citigroup from Neutral to Sell. However previously on 4/11/2016 it was upgraded by RBC Capital Mkts from Sector Perform to Outperform. A research note issued on 3/8/2016 the stock was downgraded by RBC Capital Mkts from Outperform to Sector Perform.

AngloGold Ashanti Limited (ADR) (NYSE:AU) performance over the past one year advanced 104.93%, during the last six months the stock rose 30.41%. Quarterly performance of the company shows optimistic momentum of 21.19% while its last one month trend is negative with -25.58%. Stock’s weekly performance expressed down trend of -8.57%.

The company’s price sits -16.15% below from its 50-day moving average of $20.49 and 22.88% far from the stock’s 200-day moving average which is $16.24. AngloGold Ashanti Limited (ADR) (NYSE:AU)’s shares are currently trading -27.37% away from the 52-week high price of $22.91 and +168.39% far from the 52-week low price of $6.20.

For the current year the company’s revenue estimates are $4.01B compared to low analyst estimates of $4.06B and high estimates of $4.17B according to the projection of 3 analysts.

Earnings Alert: AngloGold Ashanti Limited (ADR) (NYSE:AU)

Shares of AngloGold Ashanti Limited (ADR) (NYSE:AU) fell -5.25% to reach at $20.76 during the course of session. The company has experienced volume of 3.88M shares while on average the company has a capacity of trading 3.50M shares.

AngloGold Ashanti Limited (ADR) (NYSE:AU) on August 15, 2016 provided the public with its H1 2016 results.

During H1 2016, AU reported higher net profit attributable to equity shareholders of $52 million, compared with a net loss from continuing operations of $23 million a year earlier.

In spite of a 7% decline in H1 2016 gold production (from 1,878koz to 1,745koz), but in line with full-year guidance range of 3.6-3.8 million ounces, due to unforeseen challenges faced by AU at the Kibali joint venture and planned reduction in output from the Tropicana, Geita and Obuasi mines, the company reported higher earnings thanks to:

  • the higher gold price, which rose 1.5% year-over-year basis (from an average of $1,204/oz in H1 2015 to an average of $1,222/oz. in H1 2016),
  • weaker operating currencies in Brazil, Australia, and Argentina, from which the company’s international operations benefited with a production of 1.259Moz at AISC of $873/oz.
  • continued focus on controlling the cost across its entire portfolio of operations (AISC decreased with 1.4% from $924/oz in H1 2015 to $911/oz in H2 2015),
  • interest saving of $33 million, after the repurchase of 8.5% bonds with a face value of $779 million due in 2020, with the proceeds from the sale of its Cripple Creek & Victor mine in the U.S. to Newmont Mining Corp. As a consequence of deleverage, the net debt fell by 32% to $2.1 billion on June 30 of this year from $3.1 billion at the end of June last year.

AngloGold Ashanti is proving to be a good player in the mining industry, as the company continues to cut operating costs and reduce debt. In line with its strategy to reduce its annual interest charge, on Aug. 1, AngloGold Ashanti also completed the redemption of the remaining 8.5%, seven year bonds outstanding, at a total cost of the $503 million.

The success of AngloGold Ashanti’s continued efforts to deleverage and sustainably improve cash flow, which tripled to $108 million at the end of H1 2016, is reflected in the improvement of the ratio of net debt to adjusted EBITDA at the end of June 2016, that was 1.44 times, compared to the 1.47 times recorded at the end March 2016 and 1.95 times at the end of June 2015.

The postponement of interest hikes by the Federal Reserve is putting more pressure on the price of gold and AngloGold Ashanti is well positioned to benefit from it. The company is considering resuming dividend payments next year.

AngloGold Ashanti Limited (ADR) (NYSE:AU) holds the market capitalization of $8.56B along with 407.81M outstanding shares. During the last trade, stock’s minimum price has been reached out at $20.70 while the maximum trading price moved at $21.58. Currently the stock price is moving -9.38% off from the highest level of twelve months and +234.84% above from twelve months low. AngloGold Ashanti Limited (ADR) (NYSE:AU)  marked highest price level of $22.91 on 08/04/16 and lowest price level of $6.20 on 12/02/15.

As of current trade, AngloGold Ashanti Limited (ADR) (NYSE:AU) has shown weekly downbeat performance of -3.35%. Its six months performance indicated a bullish movement while its yearly performance reflected a positive trend of 232.16%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 192.39%. Shares of AngloGold Ashanti Limited (ADR) (NYSE:AU) currently have an ABR of 1.75, derived from a total of 4 opinions. The company’s price sits 7.66% above from its 50-day moving average of $20.75 and 60.46% above from the stock’s 200-day moving average of $15.57. The company has Relative Strength Index (RSI 14) of 49.52 along with Average True Range (ATR 14) of 0.78. Its weekly and monthly volatility is 2.63%, 2.99% respectively. The company’s beta value is at -0.78.

AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price to sales ratio for trailing twelve months is 2.04 and price to book ratio for most recent quarter is 3.56, whereas price to cash per share for the most recent quarter is 22.16. AngloGold Ashanti Limited (ADR) (NYSE:AU)’s quick ratio for most recent quarter is 0.90 along with current ratio for most recent quarter of 1.80. Total debt to equity ratio of the company for most recent quarter is 1.16 whereas long term debt to equity ratio for most recent quarter is 1.13. AngloGold Ashanti Limited (ADR) (NYSE:AU) has a Return on Assets of -3.20%. The company currently has a Return on Equity of -10.30% and Return on Investment of 4.00%.