Northland Securities Estimates Gold.com Q3 Earnings

Gold.com Inc. (NYSE:GOLD) – Stock analysts at Northland Securities cut their Q3 2027 EPS estimates for shares of Gold.com in a research note issued to investors on Thursday, November 5th. Northland Securities analyst G. Gibas now anticipates that the company will earn $0.93 per share for the quarter, down from their prior estimate of $0.97. The consensus estimate for Gold.com’s current full-year earnings is $3.73 per share.

Gold.com (NYSE:GOLD) last announced its earnings results on Wednesday, November 4th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.63). The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $4.81 billion. Gold.com had a return on equity of 17.42% and a net margin of 0.34%. During the same period in the prior year, the business earned ($0.04) EPS.

Several other research analysts have also weighed in on the company. Canaccord Genuity Group lowered their price objective 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. Weiss Ratings reissued a “hold (c+)” rating on shares of Gold.com in a research note on Monday, August 17th. DA Davidson restated a “buy” rating and set a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. Finally, Wall Street Zen cut Gold.com from a “hold” rating to a “sell” rating in a research note on Saturday, October 31st. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $58.00.

Gold.com Trading Down 9.4%

Shares of GOLD opened at $37.52 on Friday. The stock has a market capitalization of $1.09 billion, a P/E ratio of 12.47 and a beta of 0.63. The firm’s fifty day simple moving average is $42.34 and its two-hundred day simple moving average is $44.70. Gold.com has a 12 month low of $23.00 and a 12 month high of $66.70.

Gold.com Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Thursday, November 19th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, November 19th. Gold.com’s dividend payout ratio is 26.58%.

Insider Buying and Selling

In other news, major shareholder Tether Global Investments Fund acquired 100,000 shares of Gold.com stock in a transaction on Thursday, September 3rd. The stock was purchased at an average price of $39.30 per share, with a total value of $3,930,000.00. Following the completion of the purchase, the insider owned 300,000 shares of the company’s stock, valued at approximately $11,790,000. The trade was a 50.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeffrey D. Benjamin sold 18,973 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $47.82, for a total value of $907,288.86. Following the sale, the director owned 304,265 shares of the company’s stock, valued at approximately $14,549,952.30. This represents a 5.87% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have bought 300,000 shares of company stock valued at $11,840,113 and have sold 124,859 shares valued at $5,835,628. 16.50% of the stock is owned by company insiders.

Institutional Trading of Gold.com

Hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC increased its position in shares of Gold.com by 283.3% during the second quarter. Hsbc Holdings PLC now owns 36,773 shares of the company’s stock worth $1,076,000 after acquiring an additional 27,180 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Gold.com in the 2nd quarter worth about $7,143,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Gold.com in the 2nd quarter worth about $1,463,000. Globeflex Capital L P bought a new position in Gold.com in the 2nd quarter valued at about $2,783,000. Finally, Bank of America Corp DE lifted its position in Gold.com by 116.8% in the 1st quarter. Bank of America Corp DE now owns 60,575 shares of the company’s stock valued at $2,428,000 after acquiring an additional 32,637 shares in the last quarter. Institutional investors and hedge funds own 62.85% of the company’s stock.

Gold.com Company Profile

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.