Gold.com Inc. (NYSE:GOLD) Receives $59.75 Consensus Target Price from Analysts

Shares of Gold.com Inc. (NYSE:GOLD) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $59.75.

Several brokerages recently weighed in on GOLD. Canaccord Genuity Group started coverage on shares of Gold.com in a research report on Tuesday, June 9th. They set a “buy” rating and a $70.00 price objective on the stock. Roth Capital set a $52.00 target price on shares of Gold.com in a research report on Thursday, May 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Gold.com in a research note on Monday, August 17th. Finally, Zacks Research downgraded shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st.

Hedge Funds Weigh In On Gold.com

Institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP acquired a new stake in shares of Gold.com in the fourth quarter worth about $40,273,000. California State Teachers Retirement System increased its holdings in shares of Gold.com by 3,975.9% during the 2nd quarter. California State Teachers Retirement System now owns 1,183,264 shares of the company’s stock valued at $49,236,000 after acquiring an additional 1,154,233 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of Gold.com during the 4th quarter valued at about $32,408,000. Jacobs Levy Equity Management Inc. bought a new position in shares of Gold.com in the 4th quarter valued at approximately $17,971,000. Finally, Geode Capital Management LLC bought a new position in shares of Gold.com in the 4th quarter valued at approximately $15,790,000. 62.85% of the stock is currently owned by institutional investors.

Gold.com Trading Down 1.1%

Shares of NYSE GOLD opened at $45.49 on Friday. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. The business has a 50 day simple moving average of $42.30 and a 200 day simple moving average of $45.16. Gold.com has a 52 week low of $22.00 and a 52 week high of $66.70. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.29 and a current ratio of 1.18.

Gold.com Company Profile

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in 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 various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.