FY2026 EPS Estimate for AngloGold Ashanti Lowered by Analyst

AngloGold Ashanti PLC (NYSE:AU) – Equities research analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for shares of AngloGold Ashanti in a research note issued on Monday, November 2nd. Scotiabank analyst T. Jakusconek now expects that the mining company will post earnings of $8.22 per share for the year, down from their prior estimate of $8.28. Scotiabank currently has a “Sector Outperform” rating and a $128.00 price target on the stock. The consensus estimate for AngloGold Ashanti’s current full-year earnings is $8.08 per share. Scotiabank also issued estimates for AngloGold Ashanti’s FY2027 earnings at $8.57 EPS.

AngloGold Ashanti (NYSE:AU) last issued its earnings results on Thursday, November 5th. The mining company reported $1.54 EPS for the quarter, missing the consensus estimate of $1.76 by ($0.22). The company had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.89 billion. AngloGold Ashanti had a return on equity of 38.77% and a net margin of 32.19%.

A number of other equities analysts have also commented on AU. TD Securities assumed coverage on shares of AngloGold Ashanti in a research report on Monday. They issued a “strong-buy” rating for the company. Royal Bank Of Canada upped their target price on shares of AngloGold Ashanti from $111.00 to $119.00 and gave the stock an “outperform” rating in a report on Wednesday, September 16th. TD Cowen assumed coverage on shares of AngloGold Ashanti in a report on Monday. They set a “buy” rating and a $123.00 target price on the stock. Freedom Broker increased their target price on shares of AngloGold Ashanti from $107.00 to $111.50 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. Finally, Weiss Ratings downgraded shares of AngloGold Ashanti from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, October 27th. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $118.35.

AngloGold Ashanti Trading Up 8.0%

Shares of AU opened at $87.95 on Thursday. The business’s 50-day moving average price is $96.80 and its 200-day moving average price is $96.64. AngloGold Ashanti has a twelve month low of $65.48 and a twelve month high of $129.14. The stock has a market cap of $44.40 billion, a PE ratio of 11.79 and a beta of 0.72. The company has a quick ratio of 2.07, a current ratio of 2.71 and a debt-to-equity ratio of 0.15.

Institutional Trading of AngloGold Ashanti

A number of large investors have recently modified their holdings of the business. Ninety One SA Pty Ltd grew its holdings in shares of AngloGold Ashanti by 1.8% during the third quarter. Ninety One SA Pty Ltd now owns 11,398,551 shares of the mining company’s stock worth $1,069,147,000 after purchasing an additional 203,418 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in AngloGold Ashanti by 1.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 6,386,503 shares of the mining company’s stock valued at $620,874,000 after purchasing an additional 98,250 shares in the last quarter. Wellington Management Group LLP raised its stake in AngloGold Ashanti by 8.7% in the second quarter. Wellington Management Group LLP now owns 1,930,737 shares of the mining company’s stock valued at $156,214,000 after purchasing an additional 154,726 shares in the last quarter. ARGA Investment Management LP lifted its position in AngloGold Ashanti by 27.4% during the third quarter. ARGA Investment Management LP now owns 1,137,018 shares of the mining company’s stock valued at $106,823,000 after purchasing an additional 244,212 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in AngloGold Ashanti during the second quarter valued at approximately $100,848,000. Institutional investors own 36.09% of the company’s stock.

About AngloGold Ashanti

AngloGold Ashanti plc is a global gold mining company engaged in the exploration, development, and operation of gold mines. Its principal product is refined gold, and the company also produces related byproducts at certain operations. In addition to operating mines, AngloGold Ashanti maintains exploration and development projects intended to expand and sustain its production portfolio.

The company has a geographically diversified portfolio spanning Africa, Australia, and the Americas. Its operations and projects have included assets in Ghana, Tanzania, Guinea, Côte d’Ivoire, the Democratic Republic of the Congo, Australia, Brazil, and Argentina.