Gold.com Inc. (NYSE:GOLD) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Gold.com Inc. (NYSE:GOLD) have earned an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $58.00.

Several analysts have commented on the stock. Northland Securities set a $55.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. Zacks Research downgraded shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Canaccord Genuity Group reduced their price objective 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Finally, DA Davidson reissued a “buy” rating and set a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd.

Insider Activity at Gold.com

In related news, CEO Gregory N. Roberts sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $45.83, for a total value of $458,300.00. Following the transaction, the chief executive officer directly owned 28,202 shares of the company’s stock, valued at approximately $1,292,497.66. This trade represents a 26.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Brian Aquilino sold 6,667 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $47.02, for a total value of $313,482.34. Following the completion of the sale, the chief operating officer owned 6,667 shares of the company’s stock, valued at approximately $313,482.34. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 85,792 shares of company stock worth $4,095,266 in the last 90 days. Insiders own 23.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Arizona State Retirement System lifted its holdings in shares of Gold.com by 7.1% during the second quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock worth $226,000 after buying an additional 359 shares during the last quarter. Swiss National Bank grew its stake in shares of Gold.com by 1.4% in the first quarter. Swiss National Bank now owns 36,500 shares of the company’s stock worth $1,463,000 after acquiring an additional 500 shares during the last quarter. WINTON GROUP Ltd grew its stake in shares of Gold.com by 7.6% in the second quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock worth $412,000 after acquiring an additional 700 shares during the last quarter. Larson Financial Group LLC bought a new position in Gold.com during the fourth quarter worth $41,000. Finally, Hsbc Holdings PLC increased its position in Gold.com by 16.9% during the first quarter. Hsbc Holdings PLC now owns 9,593 shares of the company’s stock worth $384,000 after acquiring an additional 1,390 shares during the period. Institutional investors and hedge funds own 62.85% of the company’s stock.

Gold.com Stock Down 3.8%

Gold.com stock opened at $43.75 on Thursday. The company’s fifty day simple moving average is $43.59 and its 200-day simple moving average is $43.61. Gold.com has a 12 month low of $23.00 and a 12 month high of $66.70. The stock has a market cap of $1.28 billion, a P/E ratio of 14.98 and a beta of 0.56.

Gold.com (NYSE:GOLD) last issued its earnings results on Wednesday, September 2nd. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). Gold.com had a net margin of 0.32% and a return on equity of 17.22%. The firm had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $5.67 billion. During the same quarter last year, the firm earned $0.41 EPS. On average, equities research analysts expect that Gold.com will post 3.73 earnings per share for the current fiscal year.

Gold.com Announces Dividend

The business also recently declared a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be given a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s payout ratio is currently 27.40%.

Gold.com Company Profile

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.