Key Points
- EVP Carol Meltzer sold 4,000 Gold.com shares at an average price of $46.86, generating $187,440 and reducing her holdings by 72.73% to 1,500 shares.
- Gold.com missed quarterly expectations: EPS was $0.41 versus the $0.96 consensus estimate, while revenue of $5.01 billion fell short of forecasts of $5.67 billion.
- The company declared a $0.20-per-share special dividend payable September 28 to shareholders of record September 16. Analysts maintain an overall “Moderate Buy” rating with a consensus price target of $58.
Gold.com Inc. (NYSE:GOLD - Get Free Report) EVP Carol Meltzer sold 4,000 shares of the company's stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $46.86, for a total transaction of $187,440.00. Following the sale, the executive vice president owned 1,500 shares of the company's stock, valued at $70,290. The trade was a 72.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Gold.com Stock Performance
GOLD stock opened at $49.48 on Thursday. The business's fifty day moving average is $42.87 and its 200-day moving average is $44.20. The company has a quick ratio of 0.29, a current ratio of 1.18 and a debt-to-equity ratio of 0.11. The company has a market cap of $1.44 billion, a P/E ratio of 16.95 and a beta of 0.56. Gold.com Inc. has a twelve month low of $22.00 and a twelve month high of $66.70.
Gold.com (NYSE:GOLD - Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.96 by ($0.55). The company had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.67 billion. Gold.com had a return on equity of 18.15% and a net margin of 0.32%.During the same period last year, the firm earned $0.41 earnings per share. Equities research analysts forecast that Gold.com Inc. will post 3.73 EPS for the current year.
Gold.com Announces Dividend
The business also recently announced a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.20 per share. The ex-dividend date is Wednesday, September 16th. Gold.com's dividend payout ratio (DPR) is 27.40%.
Institutional Investors Weigh In On Gold.com
Large investors have recently modified their holdings of the business. CWM LLC acquired a new stake in shares of Gold.com during the fourth quarter worth about $35,000. Larson Financial Group LLC bought a new position in shares of Gold.com during the 4th quarter valued at about $41,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Gold.com in the 4th quarter valued at approximately $42,000. New York State Teachers Retirement System acquired a new position in shares of Gold.com in the 4th quarter valued at approximately $55,000. Finally, CANADA LIFE ASSURANCE Co bought a new stake in Gold.com during the 4th quarter worth approximately $76,000. 62.85% of the stock is currently owned by institutional investors.
More Gold.com News
Here are the key news stories impacting Gold.com this week:
- Positive Sentiment: Major shareholder adds to position: Tether Global Investments Fund purchased 100,000 GOLD shares at an average of $39.30, increasing its ownership by 50% to 300,000 shares. The transaction may signal confidence from a significant shareholder. Tether Global Investments Fund Buys 100,000 Shares of Gold.com Stock
- Positive Sentiment: Special dividend announced: Gold.com declared a $0.20-per-share special dividend payable September 28 to shareholders of record September 16. The payment could support investor interest, though the stock’s payout ratio is relatively modest at 27.40%.
- Positive Sentiment: Analyst outlook remains favorable: Gold.com has a consensus “Moderate Buy” rating and an average price target of $58.00. Canaccord lowered its target to $65 from $70 but maintained a Buy rating, while DA Davidson reiterated its Buy rating with a $60 target. Northland Securities set a $55 target.
- Neutral Sentiment: Gold-related exposure remains a key theme: Gold.com operates wholesale precious-metals sales, direct-to-consumer and secured-lending businesses. Its shares remain sensitive to gold prices, which can benefit revenue but also contribute to volatility.
- Negative Sentiment: Quarterly performance missed expectations: Fiscal fourth-quarter revenue rose 99% year over year but fell 52% sequentially. EPS, EBITDA and new-customer growth also declined sharply from the prior quarter. The latest quarter produced $0.41 EPS versus the $0.96 consensus estimate, while revenue of $5.01 billion missed the $5.67 billion forecast. Gold.com's Q4 Results Show Why This Stock Is More Than a Gold Bet
- Negative Sentiment: Executives sold shares: COO Brian Aquilino sold 6,667 shares for approximately $313,482, while EVP Carol Meltzer sold 4,000 shares for $187,440. Their holdings fell 50% and 72.73%, respectively, potentially weighing on sentiment.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. DA Davidson reaffirmed a "buy" rating and issued a $60.00 price target on shares of Gold.com in a research note on Thursday, September 3rd. Northland Securities set a $55.00 price objective on shares of Gold.com in a report on Thursday, September 3rd. Zacks Research downgraded shares of Gold.com from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 1st. Canaccord Genuity Group lowered their target price on shares of Gold.com from $70.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, September 3rd. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Gold.com in a report on Monday, August 17th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Gold.com currently has an average rating of "Moderate Buy" and a consensus target price of $58.00.
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About Gold.com
(
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Gold.com, Inc, together with its subsidiaries, operates as a precious metals company. It operates through 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 complementary services, such as receiving, handling, inventorying, processing, packing, and shipping of precious metals and custom coins on a secure basis; and designs and produces minted silver products.
Further Reading
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