The Stillwater Mining Co. (SWC) PT Set at $21.00 by FBR & Co

The Stillwater Mining Co. (SWC) PT Set at $21.00 by FBR & Co

Stillwater Mining Co. (NYSE:SWC) received a $21.00 price target from investment analysts at FBR & Co in a research report issued on Wednesday. The brokerage currently has a “buy” rating on the mining company’s stock. FBR & Co’s target price would indicate a potential upside of 43.84% from the stock’s current price.

SWC has been the subject of a number of other reports. Zacks Investment Research raised Stillwater Mining from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Thursday, September 8th. RBC Capital Markets reissued a “sector perform” rating and issued a $16.00 target price (up from $11.00) on shares of Stillwater Mining in a research note on Monday, August 1st. Royal Bank Of Canada boosted their target price on Stillwater Mining from $11.00 to $16.00 and gave the company a “sector perform” rating in a research note on Monday, August 1st. Finally, BMO Capital Markets set a $17.00 target price on Stillwater Mining and gave the company a “buy” rating in a research note on Monday, August 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $15.02.

Shares of Stillwater Mining (NYSE:SWC) traded down 0.27% on Wednesday, hitting $14.60. The stock had a trading volume of 555,647 shares. The firm’s 50 day moving average is $13.50 and its 200-day moving average is $12.60. The stock has a market capitalization of $1.77 billion, a PE ratio of 224.62 and a beta of 1.66. Stillwater Mining has a one year low of $4.99 and a one year high of $15.91.

Stillwater Mining (NYSE:SWC) last posted its earnings results on Friday, October 28th. The mining company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.08. Stillwater Mining had a return on equity of 0.87% and a net margin of 1.18%. The firm earned $196.61 million during the quarter, compared to analysts’ expectations of $175 million. During the same period in the previous year, the firm earned ($0.10) earnings per share. The company’s revenue was up 16.7% on a year-over-year basis. Equities research analysts expect that Stillwater Mining will post $0.09 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Stillwater Mining by 2.4% in the second quarter. Vanguard Group Inc. now owns 9,806,251 shares of the mining company’s stock valued at $116,302,000 after buying an additional 228,653 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Stillwater Mining by 1.4% in the second quarter. Franklin Resources Inc. now owns 7,793,301 shares of the mining company’s stock valued at $92,429,000 after buying an additional 110,279 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Stillwater Mining by 32.2% in the second quarter. Dimensional Fund Advisors LP now owns 6,708,565 shares of the mining company’s stock valued at $79,559,000 after buying an additional 1,633,353 shares during the period. Capital Research Global Investors boosted its position in shares of Stillwater Mining by 8.8% in the second quarter. Capital Research Global Investors now owns 6,380,000 shares of the mining company’s stock valued at $75,667,000 after buying an additional 515,000 shares during the period. Finally, State Street Corp boosted its position in shares of Stillwater Mining by 16.6% in the second quarter. State Street Corp now owns 5,087,028 shares of the mining company’s stock valued at $60,332,000 after buying an additional 723,291 shares during the period. 90.18% of the stock is owned by institutional investors.

Stillwater Mining Company Profile

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