Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Harmony Gold shares have risen 58.14% versus 12.59% for the S&P 500 since my last Hold rating. Harmony Gold's production trends and gold grades remain solid, despite cost control leaving a bit to be desired. Harmony's hedging policy has led to the stock underperforming its peers recently, but I expect that "hedging penalty" to fade over the next quarter.
ALL, HMY, AMX, DB and ENS have been added to the Zacks Rank #1 (Strong Buy) List on November 18, 2025.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HMY trades at a steep discount to peers, but rising costs, weaker output and lower earnings estimates cloud its outlook.
Harmony Gold's costs surged in fiscal 2025, yet the stock has soared nearly 62% this year on higher gold prices.
Harmony Gold Mining Company Limited (NYSE:HMY ) Q4 2025 Earnings Conference Call August 28, 2025 4:00 AM ET Company Participants Beyers B. Nel - Group CEO & Executive Director Boipelo Pride Lekubo - Financial Director & Executive Director Jared Coetzer - Head of Investor Relations Conference Call Participants Arnold Van Graan - Nedbank Corporate and Investment Bank, Research Division Bruce Williamson - Unidentified Company René Hochreiter - Unidentified Company Beyers B.
HMY's FY25 results are expected to have benefited from higher gold prices and stronger Q4 output amid cost pressures.
Harmony Gold (HMY) closed at $15.91 in the latest trading session, marking a +2.71% move from the prior day.
HMY, WDC and NTR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 19, 2025.
MVST, HMY and JRVR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 14, 2025.
HMY, LTM and MEG made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 14, 2025.