Northland Securities Forecasts Weaker Earnings for Gold.com

Gold.com Inc. (NYSE:GOLD) – Investment analysts at Northland Securities reduced their Q2 2027 earnings per share estimates for Gold.com in a report released on Thursday, November 5th. Northland Securities analyst G. Gibas now expects that the company will earn $0.70 per share for the quarter, down from their previous estimate of $0.89. The consensus estimate for Gold.com’s current full-year earnings is $4.05 per share. Northland Securities also issued estimates for Gold.com’s Q4 2027 earnings at $1.25 EPS and FY2027 earnings at $3.35 EPS.

A number of other brokerages also recently issued reports on GOLD. Zacks Research downgraded Gold.com from a “hold” rating to a “strong sell” rating in a research note on Friday, November 6th. Canaccord Genuity Group cut their target price on Gold.com from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, September 3rd. DA Davidson reaffirmed a “buy” rating and set a $60.00 target price on shares of Gold.com 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, Wall Street Zen downgraded Gold.com from a “hold” rating to a “sell” rating in a report on Saturday, October 31st. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Gold.com currently has an average rating of “Moderate Buy” and an average price target of $58.00.

Gold.com Trading Down 2.3%

Shares of Gold.com stock opened at $37.45 on Monday. The business has a 50-day moving average price of $41.88 and a two-hundred day moving average price of $44.62. Gold.com has a 1-year low of $24.50 and a 1-year high of $66.70. The company has a market cap of $1.09 billion, a P/E ratio of 7.32 and a beta of 0.63.

Gold.com (NYSE:GOLD) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.63). The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $4.81 billion. Gold.com had a return on equity of 17.13% and a net margin of 0.34%. During the same quarter in the previous year, the business posted ($0.04) EPS.

Gold.com Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Thursday, November 19th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, November 19th. Gold.com’s payout ratio is presently 26.58%.

Insider Buying and Selling

In other news, major shareholder Tether Global Investments Fund purchased 100,000 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were 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 in the company, valued at approximately $11,790,000. The trade was a 50.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jeffrey D. Benjamin sold 18,973 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $47.82, for a total value of $907,288.86. Following the completion of the sale, the director directly owned 304,265 shares of the company’s stock, valued at $14,549,952.30. This trade represents a 5.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have bought 300,000 shares of company stock valued at $11,840,113 and have sold 124,859 shares valued at $5,835,628. 16.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Gold.com

A number of large investors have recently modified their holdings of GOLD. Empowered Funds LLC grew its position in Gold.com by 42.5% in the 1st 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 period. Bank of New York Mellon Corp acquired a new position in Gold.com during the second quarter worth $7,143,000. Renaissance Technologies LLC acquired a new position in Gold.com during the first quarter worth $4,836,000. Sei Investments Co. raised its holdings in Gold.com by 108.8% during the first quarter. Sei Investments Co. now owns 119,993 shares of the company’s stock worth $4,809,000 after buying an additional 62,537 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Gold.com by 4.7% in the first quarter. First Trust Advisors LP now owns 69,228 shares of the company’s stock valued at $2,775,000 after buying an additional 3,094 shares in the last quarter. 62.85% of the stock is currently owned by institutional investors.

About Gold.com

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.