FY2026 EPS Estimate for AngloGold Ashanti Raised by Analyst

AngloGold Ashanti PLC (NYSE:AU) – Scotiabank boosted their FY2026 EPS estimates for shares of AngloGold Ashanti in a research report issued on Friday, November 28th. Scotiabank analyst T. Jakusconek now forecasts that the mining company will post earnings per share of $6.48 for the year, up from their previous estimate of $6.44. Scotiabank currently has a “Sector Outperform” rating and a $92.00 target price on the stock. The consensus estimate for AngloGold Ashanti’s current full-year earnings is $3.83 per share.

Several other equities research analysts also recently weighed in on the company. Zacks Research upgraded AngloGold Ashanti from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. Citigroup started coverage on AngloGold Ashanti in a research report on Monday, October 27th. They issued a “buy” rating and a $90.00 price objective on the stock. Roth Capital set a $76.00 target price on AngloGold Ashanti and gave the stock a “buy” rating in a research note on Friday, October 3rd. HSBC reiterated a “reduce” rating and set a $55.00 target price on shares of AngloGold Ashanti in a research report on Thursday, October 9th. Finally, Weiss Ratings upgraded shares of AngloGold Ashanti from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.50.

AngloGold Ashanti Stock Down 4.0%

Shares of NYSE:AU opened at $85.33 on Monday. AngloGold Ashanti has a 1 year low of $22.45 and a 1 year high of $89.19. The business has a 50 day simple moving average of $73.77 and a two-hundred day simple moving average of $59.14. The firm has a market capitalization of $35.82 billion, a PE ratio of 22.69 and a beta of 0.48. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.99 and a quick ratio of 2.22.

AngloGold Ashanti (NYSE:AU) last issued its quarterly earnings results on Tuesday, November 11th. The mining company reported $1.32 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.02). AngloGold Ashanti had a net margin of 23.60% and a return on equity of 22.54%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.53 billion.

AngloGold Ashanti Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, November 28th. AngloGold Ashanti’s payout ratio is presently 80.18%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HHM Wealth Advisors LLC purchased a new position in AngloGold Ashanti during the 3rd quarter valued at about $25,000. Financial Management Professionals Inc. bought a new position in shares of AngloGold Ashanti during the second quarter valued at approximately $30,000. SVB Wealth LLC bought a new position in shares of AngloGold Ashanti during the first quarter valued at approximately $32,000. UMB Bank n.a. increased its holdings in AngloGold Ashanti by 129.0% during the third quarter. UMB Bank n.a. now owns 490 shares of the mining company’s stock valued at $34,000 after buying an additional 276 shares during the period. Finally, Optimum Investment Advisors purchased a new position in AngloGold Ashanti during the third quarter valued at approximately $35,000. 36.09% of the stock is currently owned by institutional investors.

AngloGold Ashanti Company Profile

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.