Northland Securities Forecasts Weaker Earnings for Gold.com

Key Points

• Northland Securities lowered its Q2 2027 EPS forecast for Gold.com to $0.70 from $0.89; it estimates FY2027 earnings of $3.35 per share.
• Gold.com’s latest quarter fell well short of expectations: EPS was $0.05 versus $0.68 forecast, while revenue was $3.27 billion versus $4.81 billion expected.
• Analyst sentiment remains moderately positive, with an average $58 price target, while the company declared a quarterly dividend of $0.20 per share, yielding about 2.1% annually.

Gold.com Inc. (NYSE:GOLD - Free Report) - Analysts at Northland Securities decreased their Q2 2027 EPS estimates for Gold.com in a research note issued on Thursday, November 5th. Northland Securities analyst G. Gibas now expects that the company will post earnings per share of $0.70 for the quarter, down from their prior estimate of $0.89. The consensus estimate for Gold.com's current full-year earnings is $3.35 per share. Northland Securities also issued estimates for Gold.com's Q4 2027 earnings at $1.25 EPS and FY2027 earnings at $3.35 EPS.

Gold.com (NYSE:GOLD - Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.63). Gold.com had a net margin of 0.34% and a return on equity of 17.13%. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $4.81 billion. During the same period last year, the firm posted ($0.04) earnings per share.

Several other analysts also recently commented on GOLD. Canaccord Genuity Group reduced their target price on Gold.com from $70.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, September 3rd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Gold.com in a research note on Monday, August 17th. DA Davidson reaffirmed a "buy" rating and set a $60.00 price target on shares of Gold.com in a research note on Thursday, September 3rd. Finally, Wall Street Zen lowered Gold.com from a "hold" rating to a "sell" rating in a report on Saturday, October 31st. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $58.00.

Gold.com Price Performance

GOLD stock opened at $37.73 on Monday. The stock has a market capitalization of $1.10 billion, a PE ratio of 12.53 and a beta of 0.63. The company's 50-day moving average is $42.17 and its 200-day moving average is $44.68. Gold.com has a 1 year low of $23.00 and a 1 year high of $66.70.

Gold.com Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders 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 is Thursday, November 19th. Gold.com's payout ratio is 26.58%.

Insiders Place Their Bets

In other news, Director Jeffrey D. Benjamin sold 18,973 shares of Gold.com stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $47.82, for a total transaction of $907,288.86. Following the completion of the transaction, the director directly owned 304,265 shares in the company, valued at $14,549,952.30. This trade represents a 5.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gregory N. Roberts sold 25,000 shares of Gold.com stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $49.36, for a total transaction of $1,234,000.00. Following the transaction, the chief executive officer owned 28,202 shares of the company's stock, valued at $1,392,050.72. This represents a 46.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have acquired 300,000 shares of company stock worth $11,840,113 and have sold 124,859 shares worth $5,835,628. Corporate insiders own 16.50% of the company's stock.

Institutional Investors Weigh In On Gold.com

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp bought a new position in Gold.com in the 2nd quarter valued at about $7,143,000. Renaissance Technologies LLC acquired a new position in Gold.com during the 1st quarter valued at about $4,836,000. Empowered Funds LLC increased its holdings in Gold.com by 42.5% during the 1st quarter. Empowered Funds LLC now owns 277,029 shares of the company's stock worth $11,103,000 after purchasing an additional 82,637 shares in the last quarter. Globeflex Capital L P bought a new stake in Gold.com during the 2nd quarter worth approximately $2,783,000. Finally, Sei Investments Co. raised its stake in shares of Gold.com by 108.8% in the first quarter. Sei Investments Co. now owns 119,993 shares of the company's stock worth $4,809,000 after purchasing an additional 62,537 shares during 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.

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