FY2025 EPS Estimate for Eldorado Gold Increased by Analyst

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Stifel Canada boosted their FY2025 earnings per share estimates for Eldorado Gold in a note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now expects that the basic materials company will earn $2.20 per share for the year, up from their previous estimate of $1.60. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.41 per share. Stifel Canada also issued estimates for Eldorado Gold’s FY2026 earnings at $2.89 EPS.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last posted its earnings results on Thursday, July 25th. The basic materials company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.26 by $0.07. Eldorado Gold had a return on equity of 5.82% and a net margin of 15.67%. The company had revenue of $297.14 million for the quarter. During the same period in the previous year, the company posted $0.09 EPS.

EGO has been the topic of several other research reports. Scotiabank upped their target price on Eldorado Gold from $18.00 to $20.00 and gave the company a “sector perform” rating in a research report on Monday, August 19th. CIBC boosted their price target on Eldorado Gold from $18.00 to $22.50 and gave the company an “outperformer” rating in a research note on Wednesday, July 10th. StockNews.com upgraded Eldorado Gold from a “hold” rating to a “buy” rating in a research note on Monday, July 1st. Finally, Royal Bank of Canada boosted their price target on Eldorado Gold from $20.00 to $22.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Eldorado Gold currently has an average rating of “Hold” and an average target price of $19.38.

Eldorado Gold Price Performance

Eldorado Gold stock opened at $18.14 on Thursday. Eldorado Gold has a 12 month low of $9.72 and a 12 month high of $19.06. The stock’s 50 day moving average is $17.46 and its 200-day moving average is $16.23. The company has a current ratio of 3.62, a quick ratio of 2.65 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 31.82 and a beta of 0.95.

Institutional Investors Weigh In On Eldorado Gold

Several institutional investors and hedge funds have recently added to or reduced their stakes in EGO. Vanguard Group Inc. lifted its stake in Eldorado Gold by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 6,774,270 shares of the basic materials company’s stock worth $87,862,000 after purchasing an additional 79,670 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of Eldorado Gold by 1.7% in the 1st quarter. Van ECK Associates Corp now owns 22,526,713 shares of the basic materials company’s stock valued at $316,950,000 after acquiring an additional 380,991 shares during the last quarter. Jennison Associates LLC bought a new position in shares of Eldorado Gold in the 1st quarter valued at $36,374,000. SG Americas Securities LLC lifted its stake in shares of Eldorado Gold by 59.6% in the 1st quarter. SG Americas Securities LLC now owns 22,303 shares of the basic materials company’s stock valued at $314,000 after acquiring an additional 8,326 shares during the last quarter. Finally, Donald Smith & CO. Inc. lifted its stake in shares of Eldorado Gold by 9.8% in the 1st quarter. Donald Smith & CO. Inc. now owns 13,948,916 shares of the basic materials company’s stock valued at $196,261,000 after acquiring an additional 1,240,732 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.