Royal Gold, Inc. [RGLD] stock is trading at $131.14, up 0.11%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RGLD shares have gain 4.78% over the last week, with a monthly amount glided 2.21%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Royal Gold, Inc. [NASDAQ: RGLD] stock has seen the most recent analyst activity on March 27, 2024, when BMO Capital Markets upgraded its rating to a Outperform and also boosted its price target to $158 from $148. Previously, Jefferies started tracking the stock with Hold rating on February 29, 2024, and set its price target to $117. On February 15, 2024, upgrade upgraded it’s rating to Outperform. Cantor Fitzgerald downgraded its rating to a Neutral. Cantor Fitzgerald upgraded its rating to a Buy but $145 remained the price target by the analyst firm on August 03, 2023. BofA Securities downgraded its rating to Underperform for this stock on June 05, 2023, but kept the price target unchanged to $130. In a note dated April 20, 2023, Cantor Fitzgerald downgraded an Hold rating on this stock.
Royal Gold, Inc. [RGLD] stock has fluctuated between $100.55 and $134.56 over the past year. Currently, Wall Street analysts expect the stock to reach $137.17 within the next 12 months. Royal Gold, Inc. [NASDAQ: RGLD] shares were valued at $131.14 at the most recent close of the market. An investor can expect a potential return of 4.6% based on the average RGLD price forecast.
Analyzing the RGLD fundamentals
Royal Gold, Inc. [NASDAQ:RGLD] reported sales of 584.23M for the trailing twelve months, which represents a drop of -12.61%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.5%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.4%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.08 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 129.99 points at the first support level, and at 128.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 131.77, and for the 2nd resistance point, it is at 132.41.
Ratios To Look Out For
For context, Royal Gold, Inc.’s Current Ratio is 2.50. In addition, the Quick Ratio stands at 2.35 and the Cash Ratio stands at 1.44. Considering the valuation of this stock, the price to sales ratio is 14.75, the price to book ratio is 2.96 and price to earnings (TTM) ratio is 38.71.
Transactions by insiders
Recent insider trading involved Breeze Daniel, SVP Corp Dev of RGLD Gold AG, that happened on May 15 ’24 when 1500.0 shares were sold. SVP & General Counsel, Shefman Randy completed a deal on May 15 ’24 to sell 1000.0 shares. Meanwhile, SVP & General Counsel Shefman Randy sold 500.0 shares on Mar 11 ’24.
