Newcrest Mining Limited (NCM.CA) Forecast, Price Target & Analyst Ratings

TSX:NCM • AU000000NCM7

Current stock price

20.65 CAD
+0.41 (+2.03%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Newcrest Mining Limited (NCM.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$24.34
+ 17.85% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q2 / 2024
EPS Estimate
$0.35
Revenue Estimate
2.305B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
69.23%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$24.34
Upside
+ 17.85%
From current price of CA$20.65 to mean target of CA$24.34, Based on 13 analyst forecasts
Low
CA$20.14
Median
CA$23.87
High
CA$29.12

Price Target Revisions

1 Month
-0.22%
3 Months
-3.14%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for NCM.CA. The average price target is 24.34 CAD. This implies a price increase of 17.85% is expected in the next year compared to the current price of 20.65.
The average price target has been revised downward by 3.14% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NCM Current Analyst RatingNCM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

NCM Historical Analyst RatingsNCM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
69.23%
NCM.CA was analyzed by 13 analysts. The buy percentage consensus is at 69. So analysts seem to be have mildly positive about NCM.CA.
In the previous month the buy percentage consensus was at a similar level.
NCM.CA was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-10-11Morningstar Inc.Downgrade Buy
2022-10-11STA ResearchDowngrade Hold
2022-08-30Morningstar Inc.Maintains Buy
2022-08-22Morningstar Inc.Downgrade Buy
2022-08-22STA ResearchMaintains Hold
2022-07-07MorningstarUpgrade Buy
2022-04-21MorningstarDowngrade Hold
2022-04-13MorningstarUpgrade Buy
2022-01-25CIBC Capital MarketsMaintains Buy
2021-12-23MorningstarMaintains Buy
2021-08-20RBC CapitalInitiate Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q2 / 2024
EPS Estimate
$0.35
Revenue Estimate
2.305B
Revenue Q2Q
8.68%
EPS Q2Q
8.41%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
NCM.CA revenue by date.NCM.CA revenue by date.
4.576B
16.68%		4.207B
-8.06%		4.508B
7.15%		4.818B
6.88%		4.947B
2.68%		5.413B
9.42%		5.758B
6.37%		5.861B
1.79%
EBITDA
YoY % growth
NCM.CA ebitda by date.NCM.CA ebitda by date.
2.35B
29.55%		1.958B
-16.68%		2.057B
5.06%		2.126B
3.35%		2.408B
13.26%		2.724B
13.12%		3.012B
10.57%		2.85B
-5.38%
EBIT
YoY % growth
NCM.CA ebit by date.NCM.CA ebit by date.
1.677B
43.33%		1.208B
-27.97%		1.166B
-3.48%		1.211B
3.86%		1.463B
20.81%		1.767B
20.78%		1.894B
7.19%		1.546B
-18.37%
Operating Margin
NCM.CA operating margin by date.NCM.CA operating margin by date.
36.65%28.71%25.87%25.13%29.57%32.64%32.89%26.38%
EPS
YoY % growth
NCM.CA eps by date.NCM.CA eps by date.
1.42
47.46%		1.03
-27.39%		0.87
-15.81%		0.92
6.18%		1.07
16.40%		1.47
36.79%		1.39
-5.46%		1.17
-15.51%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q4 / 24 Q2 / 25 Q4 / 25
EPS
Q2Q % growth		0.35
8.41%		0.37
-31.67%		0.43
22.22%		0.60
63.11%
Revenue
Q2Q % growth		2.305B
8.68%		2.399B
0.50%		2.449B
6.25%		2.745B
14.42%
EBITDA
Q2Q % growth		1.044B
13.48%		1.122B
-29.70%		1.257B
20.40%		1.396B
24.42%
EBIT
Q2Q % growth		499.95M
8.45%		518.13M
-26.51%		595.9M
19.19%		808M
55.95%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NCM.CA Yearly Revenue VS EstimatesNCM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B 5B
NCM.CA Yearly EPS VS EstimatesNCM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
19.13%
EPS Next 5 Year
6.19%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.34%
Revenue Next 5 Year
4.82%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
35.13%
EBIT Next 5 Year
20.89%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Newcrest Mining Limited / NCM.CA Forecast FAQ

Can you provide the average price target for Newcrest Mining Limited stock?

13 analysts have analysed NCM.CA and the average price target is 24.34 CAD. This implies a price increase of 17.85% is expected in the next year compared to the current price of 20.65.

Can you provide the consensus estimates for Newcrest Mining Limited next earnings?

The consensus EPS estimate for the next earnings of Newcrest Mining Limited (NCM.CA) is 0.35 CAD and the consensus revenue estimate is 2.31B CAD.

Can you provide the analyst count for Newcrest Mining Limited stock?

The number of analysts covering Newcrest Mining Limited (NCM.CA) is 13.