Gold.com Inc. (NYSE:GOLD) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Gold.com Inc. (NYSE:GOLD) have earned an average rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $58.00.

GOLD has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Gold.com from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. DA Davidson reaffirmed a “buy” rating and issued a $60.00 target price on shares of Gold.com in a report on Thursday, September 3rd. Northland Securities set a $55.00 target price on Gold.com in a research report on Thursday, September 3rd. Zacks Research lowered Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th.

Insider Activity at Gold.com

In related news, COO Brian Aquilino sold 6,667 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $47.02, for a total value of $313,482.34. Following the completion of the sale, the chief operating officer directly owned 6,667 shares of the company’s stock, valued at approximately $313,482.34. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Moorhead John sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $48.41, for a total transaction of $72,615.00. Following the sale, the director owned 28,756 shares in the company, valued at approximately $1,392,077.96. The trade was a 4.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 63,167 shares of company stock worth $3,016,077 in the last quarter. 0.63% of the stock is currently owned by insiders.

Institutional Trading of Gold.com

Institutional investors and hedge funds have recently modified their holdings of the company. SkyView Investment Advisors LLC purchased a new position in shares of Gold.com during the 2nd quarter valued at $125,000. WINTON GROUP Ltd boosted its holdings in Gold.com by 7.6% in the 2nd quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock worth $412,000 after buying an additional 700 shares during the period. Integrated Wealth Concepts LLC bought a new position in Gold.com in the 2nd quarter worth $225,000. Squarepoint Ops LLC purchased a new stake in Gold.com in the 2nd quarter worth $387,000. Finally, Arizona State Retirement System raised its holdings in Gold.com by 7.1% during the second quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock valued at $226,000 after acquiring an additional 359 shares during the period. 62.85% of the stock is currently owned by institutional investors.

Gold.com Stock Down 1.8%

Shares of NYSE:GOLD opened at $46.92 on Thursday. The stock has a market capitalization of $1.37 billion, a PE ratio of 16.07 and a beta of 0.56. The firm’s 50 day moving average price is $43.26 and its 200-day moving average price is $43.85. Gold.com has a twelve month low of $23.00 and a twelve month high of $66.70.

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

Gold.com Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Monday, September 28th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s payout ratio is presently 27.40%.

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.