Key Points
- Director Moorhead John sold 1,000 Gold.com shares for $47.34 each, totaling $47,340, reducing his direct holdings by 3.48% to 27,756 shares. He had also sold 1,500 shares three days earlier.
- Gold.com’s latest quarterly results missed expectations: EPS was $0.41 versus the $0.96 consensus estimate, while revenue came in at $5.01 billion versus $5.67 billion expected. Analysts still maintain a “Moderate Buy” consensus with an average $58 price target.
- The company declared a $0.20-per-share special dividend, payable September 28 to shareholders of record September 16. Gold.com shares recently traded at $47.94, below the $66.70 52-week high.
Gold.com Inc. (NYSE:GOLD - Get Free Report) Director Moorhead John sold 1,000 shares of Gold.com stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $47.34, for a total value of $47,340.00. Following the completion of the sale, the director directly owned 27,756 shares in the company, valued at approximately $1,313,969.04. This represents a 3.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Moorhead John also recently made the following trade(s):
- On Friday, September 11th, Moorhead John sold 1,500 shares of Gold.com stock. The shares were sold at an average price of $48.41, for a total value of $72,615.00.
Gold.com Stock Performance
Shares of NYSE GOLD opened at $47.94 on Wednesday. The stock has a 50 day moving average price of $43.15 and a 200 day moving average price of $43.92. The stock has a market capitalization of $1.40 billion, a PE ratio of 16.42 and a beta of 0.56. Gold.com Inc. has a 52 week low of $23.00 and a 52 week high of $66.70.
Gold.com (NYSE:GOLD - Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.55). Gold.com had a return on equity of 17.22% and a net margin of 0.32%.The company had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.67 billion. During the same period last year, the firm earned $0.41 EPS. As a group, research analysts forecast that Gold.com Inc. will post 3.73 EPS for the current year.
Gold.com Dividend Announcement
The company also recently announced a special dividend, which will be paid on Monday, September 28th. Investors of record on Wednesday, September 16th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com's dividend payout ratio (DPR) is currently 27.40%.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. Wall Street Zen cut shares of Gold.com from a "hold" rating to a "sell" rating in a research note on Saturday. Weiss Ratings restated a "hold (c+)" rating on shares of Gold.com in a research note on Monday, August 17th. Northland Securities set a $55.00 target price 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. Finally, DA Davidson reiterated a "buy" rating and set a $60.00 price target on shares of Gold.com in a report on Thursday, September 3rd. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Gold.com currently has an average rating of "Moderate Buy" and an average price target of $58.00.
View Our Latest Analysis on Gold.com
More Gold.com News
Here are the key news stories impacting Gold.com this week:
- Positive Sentiment: Gold.com declared a $0.20-per-share special dividend, payable September 28 to shareholders of record September 16. The dividend may support investor interest and provides a near-term cash return. Gold Rally Continues: These 3 Mining Stocks Are Likely to Benefit
- Positive Sentiment: Analyst sentiment remains broadly constructive: four analysts rate the stock Buy, two rate it Hold, and the consensus target price is $58, above recent trading levels. DA Davidson maintained a $60 target, while Northland Securities set a $55 target. Institutional ownership is also substantial at approximately 62.85%, with several funds adding or initiating positions. Gold.com analyst and institutional ownership data
- Neutral Sentiment: The stock remains well above its 50-day and 200-day moving averages, indicating strong recent momentum, but it is still below its 12-month high of $66.70. A recent Zacks report noted that GOLD underperformed the broader market during the prior session, highlighting continued volatility. Why Gold.com Dipped More Than Broader Market
- Negative Sentiment: CEO Gregory Roberts sold 10,000 shares for approximately $458,300, reducing his direct ownership by 26.18%. Director John Moorhead also sold 2,500 shares in two transactions for roughly $120,000, cutting his position by about 8.44% overall. Multiple insider sales can weigh on sentiment, although they do not necessarily indicate a change in the company’s fundamentals. Gold.com insider selling report
- Negative Sentiment: Gold.com’s latest quarterly results missed expectations, with EPS of $0.41 versus the $0.96 consensus estimate and revenue of $5.01 billion versus $5.67 billion expected. Zacks previously downgraded the stock to Hold, while Wall Street Zen moved its rating to Sell. Gold.com earnings and analyst data
Institutional Investors Weigh In On Gold.com
Hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC increased its holdings in shares of Gold.com by 42.5% in the first quarter. Empowered Funds LLC now owns 277,029 shares of the company's stock valued at $11,103,000 after purchasing an additional 82,637 shares during the last quarter. Jacobs Asset Management LLC bought a new position in shares of Gold.com in the fourth quarter valued at about $10,215,000. CenterBook Partners LP acquired a new stake in shares of Gold.com during the 4th quarter worth about $9,171,000. Bank of New York Mellon Corp acquired a new stake in shares of Gold.com during the 2nd quarter worth about $7,143,000. Finally, Pacer Advisors Inc. bought a new stake in shares of Gold.com during the 4th quarter worth about $6,185,000. Institutional investors and hedge funds own 62.85% of the company's stock.
About Gold.com
(
Get Free Report)
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.
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