TheStreet Upgrades First Majestic Silver Corp

Finally, Scotiabank restated an outperform rating and issued a C$35.00 price objective on shares of Silver Wheaton Corp.in a research report on Friday, November 11th.

Silver Wheaton Corp. (NYSE:SLW) reported its previous quarter on 11/09/2016 where it reported the Actual Earnings of $0.19. The stock gained a consensus recommendation of 2 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.

Over the couple years AG has established a strong pattern of missing Street earnings views 50% of the time, according to historical earnings data, met predictions on 2 occasions and surpassed estimates 4 times over the last couple years. This firm now has YTD (year to date) performance of 17.44 Percent which is awesome. Thus the company showed an Earnings Surprise of 0 Percent. 12 analysts projected on average Earnings. (AG) reported Q2 earnings of $0.03, matching consensus estimates of $0.03.

TRADEMARK VIOLATION NOTICE: "Desjardins Equities Analysts Decrease Earnings Estimates for First Majestic Silver Corp". The company had Year Ago Sales of $525.73 Million. There may be various price targets for a stock. Scotiabank reaffirmed a "sector perform" rating and set a C$9.75 price objective on shares of First Majestic Silver Corp.in a research note on Wednesday, January 18th. The Market Cap of the company stands at 9.83 Billion.

First Majestic Silver Corp. has a 12 month low of $3.94 and a 12 month high of $24.96. The stock touched its high share price of $19.15 on Aug 10, 2016 and the stock also touched its Lowest price in the last 52-weeks of trading on Feb 12, 2016 as $3.87. The company's P/E is 17.73 and Forward P/E ratio is 15.22. The Closing Price of the stock before earnings was $19.36 while on the Next day the stock closed its trading session at $18.07 with a percentage change of -6.66% from the price of 19.36 before Earnings. The company's Relative strength index is 47.89.

TheStreet upgraded shares of First Majestic Silver Corp. (NYSE:SLW) will release its earnings at about 5%. Post opening the session at $21.04, the shares hit an intraday low of $20.39 and an intraday high of $21.19 and the price was in this range throughout the day. The mean price target is $29.36 (according to consensus of 17 analysts). And immediately on the next day after earnings announcement, the stock inclined 1.33% and closed its trading session at $30.42. The Return on Assets stands at 0%, Return on Equity shows 0% and Return on Investment value is 0%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Silver Wheaton Corp.

On February 25, 2016, it announced earnings per share at $-0.02 versus the consensus estimate of $-0.03 per share (positive surprise of 33.33%). (NYSE:AG) in which Raymond James Downgrades First Majestic Silver Corp. The high end of the revenue guidance is $237.39 Million and the low end is $204.32 Million. TD Securities reissued a "hold" rating and issued a C$13.00 price target on shares of First Majestic Silver Corp.in a report on Thursday, November 10th.

Brief Synopsis About Silver Wheaton Corp. The companys revenue was down -11.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.13 EPS.