Compania de Minas Buenaventura S.A.A. (NYSE: BVN) is -18.95% lower on its value in year-to-date trading and has touched a low of $6.89 and a high of $14.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BVN stock was last observed hovering at around $9.95 in the last trading session, with the day’s loss setting it -0.07% off its average median price target of $11.85 for the next 12 months. It is also 41.4% off the consensus price target high of $16.86 offered by 6 analysts, but current levels are 10.18% higher than the price target low of $11.00 for the same period.
Currently trading at $9.88, the stock is -4.37% and -7.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing -0.70% at the moment leaves the stock -15.25% off its SMA200. BVN registered 40.34% gain for a year compared to 6-month loss of -23.35%. The firm has a 50-day simple moving average (SMA 50) of $10.53 and a 200-day simple moving average (SMA200) of $11.35.
The stock witnessed a -3.42% gain in the last 1 month and extending the period to 3 months gives it a -0.50%, and is -6.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.36% over the week and 3.66% over the month.
Compania de Minas Buenaventura S.A.A. (BVN) has around 2043 employees, a market worth around $2.53B and $676.50M in sales. Fwd P/E is 13.39. Profit margin for the company is -20.10%. Distance from 52-week low is 43.40% and -31.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.30%).
Compania de Minas Buenaventura S.A.A. (BVN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Compania de Minas Buenaventura S.A.A. (BVN) is a “Hold”. 6 analysts offering their recommendations for the stock have an average rating of 2.70, where 2 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Compania de Minas Buenaventura S.A.A. is expected to release its quarterly report on 07/29/2021 and quarterly earnings per share for the current quarter are estimated at -$0.24 with sales reaching $236M over the same period.The EPS is expected to shrink by -40.00% this year, but quarterly earnings will post -16.30% year-over-year. Quarterly sales are estimated to grow 0.20% in year-over-year returns.
Compania de Minas Buenaventura S.A.A. (BVN) Top Institutional Holders
278 institutions hold shares in Compania de Minas Buenaventura S.A.A. (BVN), with institutional investors hold 70.07% of the company’s shares. The shares outstanding are 253.99M, and float is at 251.45M with Short Float at 1.69%. Institutions hold 70.07% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 25.72 million shares valued at $313.48 million. The investor’s holdings represent 9.36% of the BVN Shares outstanding. As of Dec 30, 2020, the second largest holder is Price (T.Rowe) Associates Inc with 18.24 million shares valued at $222.4 million to account for 6.64% of the shares outstanding. The other top investors are FMR, LLC which holds 12.99 million shares representing 4.73% and valued at over $158.33 million, while Blackrock Inc. holds 4.65% of the shares totaling 12.79 million with a market value of $155.89 million.
Compania de Minas Buenaventura S.A.A. (BVN): Who are the competitors?
The company’s main competitors (and peers) include Freeport-McMoRan Inc. (FCX) that is trading 341.14% up over the past 12 months. Coeur Mining Inc. (CDE) is 137.28% up on the 1-year trading charts. Short interest in the company’s stock has risen 15.0% from the last report on Apr 14, 2021 to stand at a total of 4.25 million short shares sold with a short interest ratio of 5.04.