Iamgold (IAG) shares fell 3.3% to $6.74, underperforming the S&P 500's 0.13% loss and the Dow's 0.39% drop. The company is set to announce earnings on August 7, 2025, with a forecasted EPS of $0.14, a 12.5% decrease YoY. For the year, Zacks Consensus Estimates predict earnings of $0.81 per share and revenue of $2.42 billion, up 47.27% and 48.44%, respectively, compared to the previous year. The Zacks Rank system rates Iamgold as a #3 (Hold) with a Forward P/E ratio of 8.59, a discount compared to its industry average.
Title: Iamgold (IAG) Shares Fall Amid Mixed Analyst Sentiment
Iamgold (IAG) shares experienced a 3.3% drop to $6.74 on July 2, 2025, lagging behind the S&P 500's 0.13% loss and the Dow's 0.39% decline. This underperformance follows a 4.26% loss in the past month, while the Basic Materials sector gained 1.43% and the S&P 500 increased by 3.39% over the same period [1].
The company is scheduled to release its earnings on August 7, 2025, with analysts forecasting an EPS of $0.14, a 12.5% year-over-year (YoY) decrease. For the full year, Zacks Consensus Estimates predict earnings of $0.81 per share and revenue of $2.42 billion, representing increases of 47.27% and 48.44%, respectively, compared to the previous year [1].
Iamgold is currently rated as a #3 (Hold) by the Zacks Rank system, with a Forward P/E ratio of 8.59, which is lower than the industry average of 11.96. The company's PEG ratio stands at 0.21, indicating a valuation discount compared to its peers in the Mining - Gold industry, which has an average PEG ratio of 0.56 [1].
Analyst sentiment towards Iamgold is mixed. While BMO Capital Markets upgraded the stock to a "strong-buy" rating with a consensus price target of C$13.50, Raymond James Financial cut their FY2025 EPS estimates from $1.36 to $1.12, maintaining a "Hold" rating [2]. Other analysts have provided varying ratings and price targets, with some upgrading the stock while others maintaining a neutral stance.
Iamgold's market capitalization stands at C$3.91 billion, with shares currently trading at around C$9.62. The company's operations span intermediate gold production and development in Canada and Burkina Faso, with key projects including the Westwood, Côté, and Essakane mines [2].
Investors will be closely monitoring Iamgold's earnings report and analyst revisions for insights into the company's near-term business trends and share price momentum. The Zacks Rank system, which incorporates estimate changes, has shown a track record of outperformance, with #1 ranked stocks yielding an average annual return of +25% since 1988 [1].
References
[1] https://finance.yahoo.com/news/iamgold-iag-registers-bigger-fall-221502891.html
[2] https://www.marketbeat.com/instant-alerts/brokers-issue-forecasts-for-iamgold-fy2025-earnings-2025-07-28/
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