Gold.com Inc. (NYSE:GOLD – Get Free Report) EVP Carol Meltzer sold 4,000 shares of Gold.com stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $46.86, for a total transaction of $187,440.00. Following the sale, the executive vice president owned 1,500 shares of the company’s stock, valued at $70,290. The trade was a 72.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Gold.com Price Performance
Gold.com stock opened at $48.13 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.18 and a quick ratio of 0.29. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 16.48 and a beta of 0.56. The firm has a 50-day moving average of $42.99 and a two-hundred day moving average of $44.14. Gold.com Inc. has a 1 year low of $23.00 and a 1 year high of $66.70.
Gold.com (NYSE:GOLD – Get Free Report) last issued its earnings results on Wednesday, September 2nd. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). Gold.com had a return on equity of 18.15% and a net margin of 0.32%.The company had revenue of $5.01 billion for the quarter, compared to analysts’ expectations of $5.67 billion. During the same period last year, the business posted $0.41 earnings per share. On average, research analysts forecast that Gold.com Inc. will post 3.73 earnings per share for the current year.
Gold.com Dividend Announcement
Hedge Funds Weigh In On Gold.com
Several institutional investors and hedge funds have recently bought and sold shares of GOLD. CWM LLC acquired a new position in shares of Gold.com during the fourth quarter worth $35,000. Larson Financial Group LLC acquired a new stake in shares of Gold.com in the 4th quarter worth $41,000. Caitong International Asset Management Co. Ltd purchased a new position in Gold.com during the 4th quarter worth $42,000. New York State Teachers Retirement System purchased a new position in Gold.com during the 4th quarter worth $55,000. Finally, CANADA LIFE ASSURANCE Co acquired a new position in Gold.com during the 4th quarter valued at about $76,000. 62.85% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. DA Davidson reaffirmed a “buy” rating and set a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. Wall Street Zen downgraded shares of Gold.com from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Canaccord Genuity Group reduced their price target on Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, September 3rd. Finally, Zacks Research cut Gold.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $58.00.
View Our Latest Stock Report on Gold.com
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.
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