First Majestic Silver Stock Buy Hold or Sell Recommendation
| AG Stock | USD 6.73 0.04 0.59% |
Allowing for the 90-day total investment horizon and complete risk avoidance on your part, our recommendation regarding First Majestic Silver is 'Sell'. Macroaxis provides First Majestic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AG positions. The advice algorithm takes into account all of First Majestic's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting First Majestic's buy or sell advice are summarized below:
Real Value 8.13 | Target Price 9.77 | Hype Value 6.87 | Market Value 6.73 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell First Majestic Silver given historical horizon and risk tolerance towards First Majestic. When Macroaxis issues a 'buy' or 'sell' recommendation for First Majestic Silver, the advice is generated through an automated system that utilizes algorithms and statistical models.
First |
Execute First Majestic Buy or Sell Advice
The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Majestic Silver. Macroaxis does not own or have any residual interests in First Majestic Silver or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Majestic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Good | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
First Majestic Trading Alerts and Improvement Suggestions
| First Majestic appears to be risky and price may revert if volatility continues | |
| The company generated the yearly revenue of 584.32 M. Annual Net Loss to common stockholders was (137.59 M) with gross profit of 140.6 M. | |
| First Majestic has a frail financial position based on the latest SEC disclosures | |
| On 28th of March 2024 First Majestic paid $ 0.0048 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Orogen Royalties Announces Nevada Exploration Programs and Alliances |
First Majestic Returns Distribution Density
The distribution of First Majestic's historical returns is an attempt to chart the uncertainty of First Majestic's future price movements. The chart of the probability distribution of First Majestic daily returns describes the distribution of returns around its average expected value. We use First Majestic Silver price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Majestic returns is essential to provide solid investment advice for First Majestic.
| Mean Return | 0.52 | Value At Risk | -5.57 | Potential Upside | 6.08 | Standard Deviation | 3.97 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Majestic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
First Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as First Majestic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Majestic Silver backward and forwards among themselves. First Majestic's institutional investor refers to the entity that pools money to purchase First Majestic's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Two Sigma Investments Llc | 2023-12-31 | 799.9 K | Pictet Asset Manangement Sa | 2023-12-31 | 791.2 K | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 790.7 K | Sprott Inc. | 2023-12-31 | 787.9 K | Td Asset Management Inc | 2023-12-31 | 757.7 K | Deutsche Bank Ag | 2023-12-31 | 609.6 K | Capital Fund Management Sa | 2023-12-31 | 573.6 K | Swiss National Bank | 2023-12-31 | 568.6 K | Legal & General Group Plc | 2023-12-31 | 509.6 K | Van Eck Associates Corporation | 2023-12-31 | 30.3 M | Vanguard Group Inc | 2023-12-31 | 10.3 M |
First Majestic Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 112.0M | 69.6M | (652K) | (86.5M) | (26.4M) | (25.1M) | |
| Free Cash Flow | 21.4M | (34.8M) | (120.2M) | (198.7M) | (101.7M) | (96.6M) | |
| Depreciation | 119.7M | 49.8M | 39.7M | 137.4M | 137.0M | 143.8M | |
| Other Non Cash Items | 13.7M | 14.8M | 23.0M | (43.3M) | 131.2M | 137.8M | |
| Capital Expenditures | 118.6M | 114.5M | 189.0M | 217.7M | 150.1M | 82.7M | |
| Net Income | (40.5M) | 23.1M | (4.9M) | (114.3M) | (137.6M) | (130.7M) | |
| End Period Cash Flow | 169.0M | 238.6M | 237.9M | 151.4M | 124.9M | 77.5M | |
| Change To Inventory | 2.8M | (4.3M) | (9.0M) | (3.4M) | (514.3K) | (540.0K) | |
| Investments | (116.9M) | (127.1M) | (958K) | (213.8M) | (175.4M) | (166.6M) | |
| Net Borrowings | (5.2M) | (17.7M) | 31.6M | 6.5M | 7.5M | 7.9M | |
| Change To Netincome | 49.9M | 20.8M | (16.4M) | 17.4M | 20.1M | 17.8M |
First Majestic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Majestic or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Majestic's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.33 | |
β | Beta against NYSE Composite | 3.06 | |
σ | Overall volatility | 3.93 | |
Ir | Information ratio | 0.11 |
First Majestic Volatility Alert
First Majestic Silver shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Majestic's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Majestic's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.First Majestic Implied Volatility
First Majestic's implied volatility exposes the market's sentiment of First Majestic Silver stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First Majestic's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that First Majestic stock will not fluctuate a lot when First Majestic's options are near their expiration.
First Majestic Fundamentals Vs Peers
Comparing First Majestic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Majestic's direct or indirect competition across all of the common fundamentals between First Majestic and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Majestic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Majestic's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare First Majestic to competition |
| Fundamentals | First Majestic | Peer Average |
| Return On Equity | -0.0976 | -0.31 |
| Return On Asset | -0.0424 | -0.14 |
| Profit Margin | (0.24) % | (1.27) % |
| Operating Margin | (0.02) % | (5.51) % |
| Current Valuation | 2.01 B | 16.62 B |
| Shares Outstanding | 287.25 M | 571.82 M |
| Shares Owned By Insiders | 2.22 % | 10.09 % |
| Shares Owned By Institutions | 35.94 % | 39.21 % |
| Number Of Shares Shorted | 19.93 M | 4.71 M |
| Price To Book | 1.59 X | 9.51 X |
| Price To Sales | 3.79 X | 11.42 X |
| Revenue | 584.32 M | 9.43 B |
| Gross Profit | 140.6 M | 27.38 B |
| EBITDA | 79.27 M | 3.9 B |
| Net Income | (137.59 M) | 570.98 M |
| Cash And Equivalents | 162.59 M | 2.7 B |
| Cash Per Share | 0.61 X | 5.01 X |
| Total Debt | 255.2 M | 5.32 B |
| Debt To Equity | 0.19 % | 48.70 % |
| Current Ratio | 1.88 X | 2.16 X |
| Book Value Per Share | 4.73 X | 1.93 K |
| Cash Flow From Operations | 48.39 M | 971.22 M |
| Short Ratio | 2.52 X | 4.00 X |
| Earnings Per Share | (0.48) X | 3.12 X |
| Target Price | 6.75 | |
| Beta | 1.37 | -0.15 |
| Market Capitalization | 1.94 B | 19.03 B |
| Total Asset | 1.97 B | 29.47 B |
| Retained Earnings | (606.76 M) | 9.33 B |
| Working Capital | 188.92 M | 1.48 B |
| Current Asset | 104.78 M | 9.34 B |
| Current Liabilities | 89.2 M | 7.9 B |
| Annual Yield | 0 % |
First Majestic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 400883.0 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 6.86 | |||
| Day Typical Price | 6.81 | |||
| Price Action Indicator | (0.14) | |||
| Period Momentum Indicator | (0.04) |
About First Majestic Buy or Sell Advice
When is the right time to buy or sell First Majestic Silver? Buying financial instruments such as First Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 172.8M | 167.4M | 119.5M | 125.5M | Total Assets | 2.1B | 2.1B | 2.0B | 2.1B |
Use Investing Ideas to Build Portfolios
In addition to having First Majestic 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?
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Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 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 Aircraft Theme or any other thematic opportunities.
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Check out First Majestic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for First Stock analysis
When running First Majestic's price analysis, check to measure First Majestic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is First Majestic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.359 | Dividend Share 0.02 | Earnings Share (0.48) | Revenue Per Share 2.032 | Quarterly Revenue Growth (0.08) |
The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic'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.