FY2025 EPS Estimates for Eldorado Gold Reduced by Scotiabank

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Stock analysts at Scotiabank reduced their FY2025 earnings per share (EPS) estimates for shares of Eldorado Gold in a research report issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will earn $1.26 per share for the year, down from their prior forecast of $1.57. Scotiabank currently has a “Sector Perform” rating and a $16.50 target price on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.50 per share. Scotiabank also issued estimates for Eldorado Gold’s FY2026 earnings at $0.95 EPS.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last announced its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.49 by $0.13. The company had revenue of $435.70 million during the quarter, compared to analyst estimates of $440.43 million. Eldorado Gold had a return on equity of 8.74% and a net margin of 21.86%.

Separately, StockNews.com raised shares of Eldorado Gold from a “hold” rating to a “buy” rating in a research report on Friday, February 28th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Eldorado Gold currently has a consensus rating of “Moderate Buy” and an average price target of $20.00.

Eldorado Gold Stock Up 0.5 %

EGO opened at $15.72 on Monday. The company has a market cap of $3.22 billion, a PE ratio of 11.23 and a beta of 1.11. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.54 and a current ratio of 3.37. Eldorado Gold has a 1 year low of $13.29 and a 1 year high of $19.06. The firm has a 50 day moving average price of $14.74 and a 200 day moving average price of $15.92.

Hedge Funds Weigh In On Eldorado Gold

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Banque Cantonale Vaudoise purchased a new stake in shares of Eldorado Gold during the third quarter valued at approximately $36,000. TD Waterhouse Canada Inc. increased its stake in Eldorado Gold by 26.5% during the 4th quarter. TD Waterhouse Canada Inc. now owns 3,252 shares of the basic materials company’s stock worth $48,000 after buying an additional 682 shares during the period. SBI Securities Co. Ltd. acquired a new position in Eldorado Gold in the 4th quarter worth $55,000. Generali Investments CEE investicni spolecnost a.s. purchased a new position in Eldorado Gold in the 4th quarter valued at about $113,000. Finally, Tradition Wealth Management LLC acquired a new stake in shares of Eldorado Gold during the fourth quarter valued at about $153,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

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.