Metals Acquisition Corp (MTAL)
NYSE: MTAL · IEX Real-Time Price · USD
12.73
-0.35 (-2.68%)
At close: Jul 19, 2024, 4:00 PM
12.83
+0.10 (0.79%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Metals Acquisition Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Metals Acquisition stock have an average target of 14, with a low estimate of 12 and a high estimate of 17. The average target predicts an increase of 9.98% from the current stock price of 12.73.
Analyst Consensus: Buy
* Price targets were last updated on May 30, 2024.
Analyst Ratings
The average analyst rating for MTAL stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 2 | 2 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | +33.54% | May 30, 2024 |
| BMO Capital | BMO Capital | Buy → Hold Downgrades $13 → $12 | Buy → Hold | Downgrades | $13 → $12 | -5.73% | May 21, 2024 |
| Scotiabank | Scotiabank | Buy Initiates $15 | Buy | Initiates | $15 | +13.90% | Mar 4, 2024 |
| BMO Capital | BMO Capital | Buy Initiates $14 | Buy | Initiates | $14 | +9.98% | Aug 17, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Initiates $13 | Strong Buy | Initiates | $13 | +2.12% | Jul 25, 2023 |
Financial Forecast
Revenue This Year
285.35M
from 219.71M
Increased by 29.88%
Revenue Next Year
286.72M
from 285.35M
Increased by 0.48%
EPS This Year
-1.02
from -1.28
EPS Next Year
-1.53
from -1.02
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 332.8M | 451.1M | 505.0M | 501.3M | 493.0M |
| Avg | 286.7M | 371.2M | 402.9M | 453.1M | 478.9M |
| Low | 238.1M | 292.3M | 322.4M | 405.4M | 460.1M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 51.5% | 57.3% | 36.0% | 24.4% | 8.8% |
| Avg | 30.5% | 29.5% | 8.5% | 12.5% | 5.7% |
| Low | 8.4% | 2.0% | -13.1% | 0.6% | 1.6% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -1.10 | 0.13 | 0.80 | 0.76 | 1.27 | 1.70 |
| Avg | -1.53 | 0.04 | 0.12 | 0.65 | 0.66 | 1.65 |
| Low | -1.91 | -0.04 | -0.42 | 0.54 | 0.08 | 1.58 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | - | - | 1,855.9% | 535.3% | 96.2% | 158.1% |
| Avg | - | - | 191.7% | 444.3% | 1.6% | 150.7% |
| Low | - | - | - | 352.9% | -87.9% | 140.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.