IAMGold Shares Owned By Institutions vs. Return On Equity

IMG Stock  CAD 8.38  0.40  5.01%   
Based on the measurements of profitability obtained from IAMGold's financial statements, IAMGold is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess IAMGold's ability to earn profits and add value for shareholders. At this time, IAMGold's Days Sales Outstanding is very stable compared to the past year. As of the 11th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.30, while Price To Sales Ratio is likely to drop 1.17. At this time, IAMGold's Change To Netincome is very stable compared to the past year. As of the 11th of December 2024, Net Income Per Share is likely to grow to 0.21, though Accumulated Other Comprehensive Income is likely to grow to (44.6 M).
For IAMGold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IAMGold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well IAMGold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IAMGold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of IAMGold over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.
Please note, there is a significant difference between IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

IAMGold Return On Equity vs. Shares Owned By Institutions Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining IAMGold's current stock value. Our valuation model uses many indicators to compare IAMGold value to that of its competitors to determine the firm's financial worth.
IAMGold is currently regarded as number one stock in shares owned by institutions category among its peers. It also is currently regarded as number one stock in return on equity category among its peers . The ratio of Shares Owned By Institutions to Return On Equity for IAMGold is about  255.21 . At this time, IAMGold's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value IAMGold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IAMGold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

IAMGold Return On Equity vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

IAMGold

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
68.37 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

IAMGold

Return On Equity

 = 

Net Income

Total Equity

 = 
0.27
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

IAMGold Return On Equity Comparison

IAMGold is currently under evaluation in return on equity category among its peers.

IAMGold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in IAMGold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IAMGold will eventually generate negative long term returns. The profitability progress is the general direction of IAMGold's change in net profit over the period of time. It can combine multiple indicators of IAMGold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-47 M-44.6 M
Operating Income-300 K-285 K
Income Before Tax128.2 M134.6 M
Total Other Income Expense Net128.5 M134.9 M
Net Income97.5 M102.4 M
Income Tax Expense30.7 M48.2 M
Net Income From Continuing Ops97.5 M102.4 M
Net Loss-80.6 M-84.6 M
Interest Income27.8 M16.7 M
Net Interest Income41.3 M43.4 M
Change To Netincome249.7 M262.1 M
Net Income Per Share 0.20  0.21 
Income Quality 1.63  1.72 
Net Income Per E B T 0.74  0.70 

IAMGold Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on IAMGold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of IAMGold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the IAMGold's important profitability drivers and their relationship over time.

Use IAMGold in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IAMGold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IAMGold will appreciate offsetting losses from the drop in the long position's value.

IAMGold Pair Trading

IAMGold Pair Trading Analysis

The ability to find closely correlated positions to IAMGold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IAMGold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IAMGold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IAMGold to buy it.
The correlation of IAMGold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IAMGold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IAMGold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IAMGold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your IAMGold position

In addition to having IAMGold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Gambling Thematic Idea Now

Gambling
Gambling Theme
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gambling Theme or any other thematic opportunities.
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When determining whether IAMGold is a strong investment it is important to analyze IAMGold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:
Check out Risk vs Return Analysis.
To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
To fully project IAMGold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of IAMGold at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include IAMGold's income statement, its balance sheet, and the statement of cash flows.
Potential IAMGold investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although IAMGold investors may work on each financial statement separately, they are all related. The changes in IAMGold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IAMGold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.