Northland Securities Predicts Gold.com FY2027 Earnings

Gold.com Inc. (NYSE:GOLDFree Report) – Equities researchers at Northland Securities issued their FY2027 EPS estimates for shares of Gold.com in a research note issued to investors on Thursday, May 7th. Northland Securities analyst G. Gibas forecasts that the company will earn $3.63 per share for the year. Northland Securities currently has a “Outperform” rating and a $57.00 target price on the stock. The consensus estimate for Gold.com’s current full-year earnings is $4.34 per share.

Other analysts have also recently issued research reports about the company. DA Davidson restated a “buy” rating and issued a $60.00 price target on shares of Gold.com in a research report on Tuesday, April 28th. Zacks Research cut Gold.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Roth Mkm set a $52.00 target price on shares of Gold.com in a research report on Thursday. Finally, Weiss Ratings raised Gold.com from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.33.

Check Out Our Latest Stock Analysis on Gold.com

Gold.com Trading Up 4.5%

GOLD opened at $45.46 on Friday. The stock has a 50 day simple moving average of $46.60. The company has a market capitalization of $1.15 billion, a P/E ratio of 15.62 and a beta of 0.55. Gold.com has a 1-year low of $19.39 and a 1-year high of $66.70. The company has a quick ratio of 0.66, a current ratio of 1.21 and a debt-to-equity ratio of 0.43.

Gold.com (NYSE:GOLDGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $1.62. Gold.com had a net margin of 0.35% and a return on equity of 19.12%. The company had revenue of $10.35 billion during the quarter, compared to analyst estimates of $4.81 billion.

Institutional Trading of Gold.com

Several institutional investors and hedge funds have recently modified their holdings of the stock. CWM LLC purchased a new stake in shares of Gold.com in the fourth quarter valued at approximately $35,000. Larson Financial Group LLC purchased a new position in Gold.com during the 4th quarter worth $41,000. Caitong International Asset Management Co. Ltd bought a new stake in Gold.com during the 4th quarter valued at $42,000. State of Alaska Department of Revenue bought a new stake in Gold.com during the 4th quarter valued at $44,000. Finally, New York State Teachers Retirement System purchased a new stake in shares of Gold.com in the 4th quarter worth $55,000. Institutional investors own 62.85% of the company’s stock.

Insider Activity at Gold.com

In other news, Director Jeffrey D. Benjamin sold 75,179 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $60.94, for a total value of $4,581,408.26. Following the transaction, the director directly owned 94,240 shares in the company, valued at approximately $5,742,985.60. This represents a 44.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Gregory N. Roberts sold 80,000 shares of Gold.com stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $63.16, for a total transaction of $5,052,800.00. Following the sale, the chief executive officer owned 28,202 shares of the company’s stock, valued at $1,781,238.32. The trade was a 73.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 504,239 shares of company stock valued at $29,856,403. Company insiders own 0.63% of the company’s stock.

Gold.com declared that its board has initiated a share repurchase program on Wednesday, April 8th that permits the company to buyback 2,000,000,000,000 outstanding shares. This buyback authorization permits the company to reacquire up to 7.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

Gold.com Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 20th will be paid a $0.20 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $0.80 dividend on an annualized basis and a yield of 1.8%. Gold.com’s dividend payout ratio (DPR) is presently 170.21%.

About Gold.com

(Get Free Report)

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.

Further Reading

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