Royal Gold (NASDAQ:RGLD) (TSE:RGL) is set to release its earnings data after the market closes on Wednesday, May 5th. Analysts expect Royal Gold to post earnings of $0.83 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Royal Gold (NASDAQ:RGLD) (TSE:RGL) last announced its earnings results on Tuesday, February 2nd. The basic materials company reported $0.92 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.07. The business had revenue of $158.40 million for the quarter, compared to analyst estimates of $152.81 million. Royal Gold had a net margin of 44.76% and a return on equity of 7.56%. The company’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.63 earnings per share. On average, analysts expect Royal Gold to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
RGLD opened at $116.09 on Tuesday. The company has a current ratio of 8.37, a quick ratio of 8.06 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $7.62 billion, a PE ratio of 32.25, a PEG ratio of 2.97 and a beta of 0.68. The firm’s 50-day moving average price is $111.28 and its 200 day moving average price is $110.87. Royal Gold has a twelve month low of $99.32 and a twelve month high of $147.64.
RGLD has been the subject of several analyst reports. Raymond James reiterated an “outperform” rating and set a $140.00 price target (up previously from $138.00) on shares of Royal Gold in a report on Wednesday, April 21st. JPMorgan Chase & Co. lowered their price target on shares of Royal Gold from $143.00 to $134.00 in a report on Tuesday, April 27th. Royal Bank of Canada boosted their price target on shares of Royal Gold from $135.00 to $140.00 and gave the stock an “outperform” rating in a report on Friday, April 23rd. National Bank Financial lowered their target price on shares of Royal Gold from $155.00 to $150.00 and set a “sector perform” rating for the company in a report on Thursday, February 4th. Finally, TheStreet cut shares of Royal Gold from a “b-” rating to a “c+” rating in a report on Wednesday, February 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. Royal Gold has an average rating of “Buy” and an average price target of $139.45.
In other Royal Gold news, VP Randy Shefman sold 900 shares of Royal Gold stock in a transaction on Wednesday, February 10th. The shares were sold at an average price of $109.19, for a total value of $98,271.00. Following the completion of the transaction, the vice president now owns 6,188 shares of the company’s stock, valued at $675,667.72. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.38% of the company’s stock.
Royal Gold Company Profile
Royal Gold, Inc, together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, cobalt, and molybdenum.
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