IAMGOLD-Iamgold (IAG) Stock Dips While Market Gains: Key Facts

Company Performance - Iamgold (IAG) stock closed at $6.54, reflecting a -1.06% change compared to the previous day, underperforming the S&P 500's 1.04% gain [1] - Over the past month, Iamgold's stock has increased by 23.78%, outperforming the Basic Materials sector's gain of 7.68% and the S&P 500's gain of 3.92% [1] Earnings Forecast - Iamgold is expected to release its earnings on February 20, 2025, with a predicted EPS of$ 0.14, indicating a 133.33% growth compared to the same quarter last year [2] Analyst Projections - Recent shifts in analyst projections for Iamgold should be monitored, as positive estimate revisions can indicate optimism about the company's business outlook [3] - The Zacks Rank system, which assesses estimate changes, can provide actionable insights for investors [4] Zacks Rank and Valuation - Iamgold currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having moved 18.11% lower over the last 30 days [5] - The company is trading at a Forward P/E ratio of 9.96, which is below the industry's average Forward P/E of 11.92 [6] Industry Context - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 83, placing it in the top 34% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]