Wall Street analysts forecast that Coeur Mining Inc (NYSE:CDE) will post sales of $173.32 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Coeur Mining’s earnings. The highest sales estimate is $174.83 million and the lowest is $171.80 million. Coeur Mining reported sales of $206.14 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 15.9%. The company is expected to announce its next quarterly earnings results on Wednesday, April 25th.

On average, analysts expect that Coeur Mining will report full-year sales of $173.32 million for the current year, with estimates ranging from $725.26 million to $747.30 million. For the next fiscal year, analysts anticipate that the firm will report sales of $889.37 million per share, with estimates ranging from $821.54 million to $957.20 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Coeur Mining.

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Coeur Mining (NYSE:CDE) last released its quarterly earnings data on Wednesday, February 7th. The basic materials company reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. The firm had revenue of $214.60 million during the quarter, compared to the consensus estimate of $228.64 million. Coeur Mining had a positive return on equity of 1.51% and a negative net margin of 0.17%. Coeur Mining’s quarterly revenue was up 54.2% on a year-over-year basis. During the same period last year, the business posted $0.34 EPS.

CDE has been the topic of a number of analyst reports. Canaccord Genuity cut Coeur Mining from a “buy” rating to a “hold” rating and increased their target price for the company from $7.86 to $8.50 in a report on Tuesday, March 6th. ValuEngine cut Coeur Mining from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Royal Bank of Canada set a $10.00 target price on Coeur Mining and gave the company a “buy” rating in a report on Tuesday, December 5th. BMO Capital Markets set a $10.00 target price on Coeur Mining and gave the company a “buy” rating in a report on Tuesday, February 27th. Finally, Zacks Investment Research cut Coeur Mining from a “hold” rating to a “sell” rating in a report on Thursday, January 11th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $9.67.

In other Coeur Mining news, COO Frank L. Jr. Hanagarne sold 5,684 shares of Coeur Mining stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $8.50, for a total value of $48,314.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Hans John Rasmussen sold 10,000 shares of Coeur Mining stock in a transaction that occurred on Friday, March 16th. The shares were sold at an average price of $8.15, for a total value of $81,500.00. The disclosure for this sale can be found here. Insiders sold 25,684 shares of company stock valued at $209,514 over the last quarter. Insiders own 1.30% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Xact Kapitalforvaltning AB acquired a new position in Coeur Mining in the fourth quarter valued at approximately $166,000. MetLife Investment Advisors LLC acquired a new position in Coeur Mining in the fourth quarter valued at approximately $645,000. TIAA CREF Investment Management LLC boosted its stake in Coeur Mining by 4.5% in the fourth quarter. TIAA CREF Investment Management LLC now owns 849,116 shares of the basic materials company’s stock valued at $6,368,000 after acquiring an additional 36,408 shares during the period. Teachers Advisors LLC boosted its stake in Coeur Mining by 0.6% in the fourth quarter. Teachers Advisors LLC now owns 1,161,397 shares of the basic materials company’s stock valued at $8,710,000 after acquiring an additional 6,563 shares during the period. Finally, Raymond James & Associates acquired a new position in Coeur Mining in the fourth quarter valued at approximately $133,000. Institutional investors own 75.12% of the company’s stock.

Shares of Coeur Mining stock traded up $0.39 during trading hours on Friday, reaching $7.78. The company’s stock had a trading volume of 4,419,501 shares, compared to its average volume of 3,489,426. The firm has a market cap of $1,450.16, a PE ratio of -778.00 and a beta of 0.58. The company has a current ratio of 1.97, a quick ratio of 1.39 and a debt-to-equity ratio of 0.47. Coeur Mining has a 52-week low of $6.71 and a 52-week high of $10.24.

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Coeur Mining Company Profile

Coeur Mining, Inc is a gold and silver producer. The Company has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. Its segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other. The Palmarejo complex is located in the state of Chihuahua, Mexico.

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Earnings History and Estimates for Coeur Mining (NYSE:CDE)

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