Gold.com Inc. (NYSE:GOLD) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Gold.com Inc. (NYSE:GOLD) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $58.00.

A number of research analysts recently commented on the stock. Northland Securities set a $55.00 price target on shares of Gold.com in a report on Thursday, September 3rd. Zacks Research downgraded Gold.com from a “hold” rating to a “strong sell” rating in a research report on Friday, November 6th. DA Davidson restated a “buy” rating and set a $60.00 price target on shares of Gold.com in a report on Thursday, September 3rd. Wall Street Zen lowered shares of Gold.com from a “hold” rating to a “sell” rating in a research note on Saturday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gold.com in a research note on Monday, August 17th.

Gold.com Stock Down 1.7%

NYSE GOLD opened at $36.52 on Friday. The company has a 50-day moving average price of $41.61 and a 200-day moving average price of $44.56. The firm has a market capitalization of $1.06 billion, a P/E ratio of 7.09 and a beta of 0.63. Gold.com has a 52 week low of $24.50 and a 52 week high of $66.70.

Gold.com (NYSE:GOLD) last released its earnings results on Wednesday, November 4th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.63). Gold.com had a return on equity of 17.13% and a net margin of 0.34%. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $4.81 billion. During the same period last year, the firm posted ($0.04) EPS. As a group, equities research analysts anticipate that Gold.com will post 4.05 EPS for the current year.

Gold.com Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Thursday, November 19th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Thursday, November 19th. Gold.com’s payout ratio is 26.58%.

Insider Buying and Selling at Gold.com

In other news, Director Jeffrey D. Benjamin sold 18,973 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $47.82, for a total value of $907,288.86. Following the sale, the director directly owned 304,265 shares in the company, valued at approximately $14,549,952.30. This represents a 5.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Tether Global Investments Fund purchased 100,000 shares of Gold.com stock in a transaction dated Thursday, September 3rd. The stock was acquired at an average price of $39.30 per share, for a total transaction of $3,930,000.00. Following the completion of the acquisition, the insider owned 300,000 shares of the company’s stock, valued at approximately $11,790,000. This trade represents a 50.00% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders acquired 300,000 shares of company stock worth $11,840,113 and sold 124,859 shares worth $5,835,628. Company insiders own 16.50% of the company’s stock.

Hedge Funds Weigh In On Gold.com

A number of large investors have recently bought and sold shares of the business. AlphaGrep UK Ltd purchased a new stake in Gold.com in the 3rd quarter valued at about $377,000. First Trust Advisors LP grew its stake in Gold.com by 30.4% in the third quarter. First Trust Advisors LP now owns 150,617 shares of the company’s stock worth $6,412,000 after purchasing an additional 35,136 shares in the last quarter. Private Advisor Group LLC bought a new position in Gold.com in the third quarter worth approximately $208,000. Russell Investments Group Ltd. increased its holdings in Gold.com by 4.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 39,631 shares of the company’s stock worth $1,687,000 after purchasing an additional 1,675 shares during the period. Finally, StoneX Group Inc. increased its stake in shares of Gold.com by 48.7% during the third quarter. StoneX Group Inc. now owns 9,543 shares of the company’s stock valued at $404,000 after buying an additional 3,125 shares during the period. Hedge funds and other institutional investors own 62.85% of the company’s stock.

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.