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

Shares of Gold.com Inc. (NYSE:GOLD) have received a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $58.00.

A number of brokerages have issued reports on GOLD. DA Davidson restated a “buy” rating and issued a $60.00 price objective on shares of Gold.com in a research note 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 dropped their price objective on shares of Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Northland Securities set a $55.00 price target on shares of Gold.com in a research note on Thursday, September 3rd. Finally, Wall Street Zen raised Gold.com from a “sell” rating to a “hold” rating in a research note on Saturday, October 10th.

Gold.com Stock Down 0.7%

Shares of NYSE GOLD opened at $39.37 on Monday. The company has a market capitalization of $1.15 billion, a PE ratio of 7.93 and a beta of 0.71. The firm has a fifty day simple moving average of $44.02 and a 200 day simple moving average of $42.92. Gold.com has a twelve month low of $23.00 and a twelve month high of $66.70.

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

Gold.com Announces Dividend

The firm also recently announced a special dividend, which was paid on Monday, September 28th. Stockholders of record on Wednesday, September 16th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, September 16th. Gold.com’s payout ratio is 27.40%.

Insider Activity at Gold.com

In related news, CEO Gregory Roberts sold 25,000 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $49.36, for a total value of $1,234,000.00. Following the completion of the sale, the chief executive officer owned 28,202 shares of the company’s stock, valued at $1,392,050.72. This trade represents a 46.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeffrey Benjamin sold 18,973 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $47.82, for a total transaction of $907,288.86. Following the transaction, the director owned 304,265 shares in the company, valued at $14,549,952.30. This represents a 5.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders acquired 200,000 shares of company stock worth $7,913,179 and sold 124,859 shares worth $5,835,628. 16.50% of the stock is owned by corporate insiders.

Institutional Trading of Gold.com

Hedge funds have recently modified their holdings of the business. GAMMA Investing LLC raised its holdings in Gold.com by 127.9% in the third quarter. GAMMA Investing LLC now owns 661 shares of the company’s stock worth $28,000 after buying an additional 371 shares during the last quarter. SkyView Investment Advisors LLC purchased a new stake in shares of Gold.com during the 2nd quarter valued at about $125,000. WINTON GROUP Ltd boosted its stake in shares of Gold.com by 7.6% during the 2nd 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. Integrated Wealth Concepts LLC bought a new stake in Gold.com during the second quarter valued at about $225,000. Finally, Squarepoint Ops LLC bought a new stake in Gold.com during the 2nd quarter worth approximately $387,000. 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.