News headlines about Goldcorp (NYSE:GG) (TSE:G) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Goldcorp earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 46.1938490864723 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
A number of research analysts have weighed in on GG shares. Scotiabank upped their price objective on shares of Goldcorp from $17.00 to $17.50 and gave the stock an “outperform” rating in a research report on Wednesday, January 17th. Zacks Investment Research upgraded shares of Goldcorp from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Monday, January 8th. CIBC upped their price objective on shares of Goldcorp from $17.50 to $20.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 17th. TD Securities upgraded shares of Goldcorp from a “buy” rating to an “action list buy” rating and upped their price objective for the stock from $20.00 to $22.00 in a research report on Wednesday, January 17th. Finally, Raymond James Financial upped their price objective on shares of Goldcorp from $17.00 to $18.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $17.51.
Shares of GG traded up $0.03 during mid-day trading on Friday, hitting $14.05. 3,613,647 shares of the company were exchanged, compared to its average volume of 5,719,359. Goldcorp has a 1-year low of $11.64 and a 1-year high of $15.63. The company has a quick ratio of 0.56, a current ratio of 0.91 and a debt-to-equity ratio of 0.16. The company has a market cap of $12,181.59, a PE ratio of 35.13, a price-to-earnings-growth ratio of 3.23 and a beta of 0.06.
Goldcorp (NYSE:GG) (TSE:G) last released its quarterly earnings results on Wednesday, February 14th. The basic materials company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). Goldcorp had a return on equity of 3.08% and a net margin of 19.22%. The company had revenue of $853.00 million for the quarter, compared to analyst estimates of $869.94 million. sell-side analysts expect that Goldcorp will post 0.43 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Thursday, March 15th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Wednesday, March 14th. This represents a $0.08 annualized dividend and a dividend yield of 0.57%. Goldcorp’s dividend payout ratio (DPR) is presently 20.00%.
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Goldcorp Company Profile
Goldcorp Inc acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America. It primarily explores for gold, silver, lead, zinc, and copper deposits. The company's principal producing mining properties include the Éléonore, Musselwhite, Porcupine, and Red Lake mines in Canada; the Peñasquito mine in Mexico; the Cerro Negro mine in Argentina; and the Pueblo Viejo mine in the Dominican Republic.
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