At the time of writing, Royal Gold, Inc [RGLD] stock is trading at $150.26, down -2.31%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RGLD shares have gain 2.86% over the last week, with a monthly amount glided 6.33%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Royal Gold, Inc fluctuated between $100.55 and $155.10. Currently, Wall Street analysts expect the stock to reach $169.4 within the next 12 months. Royal Gold, Inc [NASDAQ: RGLD] shares were valued at $150.26 at the most recent close of the market. An investor can expect a potential return of 12.74% based on the average RGLD price forecast.
Analyzing the RGLD fundamentals
According to Royal Gold, Inc [NASDAQ:RGLD], the company’s sales were 669.50M for trailing twelve months, which represents an 39.84% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.56%, Pretax Profit Margin comes in at 0.55%, and Net Profit Margin reading is 0.43%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.1 and Total Capital is 0.12.
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 149.51 points at the first support level, and at 148.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 151.63, and for the 2nd resistance point, it is at 153.00.
Ratios To Look Out For
It is important to note that Royal Gold, Inc [NASDAQ:RGLD] has a current ratio of 2.34. Further, the Quick Ratio stands at 2.21, while the Cash Ratio is 1.48. Considering the valuation of this stock, the price to sales ratio is 14.76, the price to book ratio is 3.25 and price to earnings (TTM) ratio is 34.38.
Transactions by insiders
Recent insider trading involved PAUL LIBNER, Officer, that happened on Dec 11 ’24 when 1756.0 shares were purchased. Officer, DANIEL BREEZE completed a deal on Dec 10 ’24 to buy 201.0 shares. Meanwhile, SVP Corp Dev of RGLD Gold AG Breeze Daniel sold 549.0 shares on Dec 09 ’24.
