Royal Gold, Inc. [NASDAQ: RGLD] slipped around -0.17 points on Friday, while shares priced at $128.51 at the close of the session, down -0.13%.
Compared to the average trading volume of 458.56K shares, RGLD reached a trading volume of 223675 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Royal Gold, Inc. [RGLD]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RGLD shares is $151.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RGLD stock is a recommendation set at 2.15. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for Royal Gold, Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 27, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price to Hold. The new note on the price target was released on February 29, 2024, representing the official price target for Royal Gold, Inc. stock.
The Average True Range (ATR) for Royal Gold, Inc. is set at 2.84, with the Price to Sales ratio for RGLD stock in the period of the last 12 months amounting to 14.46. The Price to Book ratio for the last quarter was 2.90, with the Price to Cash per share for the same quarter was set at 2.10. Price to Free Cash Flow for RGLD in the course of the last twelve months was 19.13 with Quick ratio for the last quarter at 2.35.
How has RGLD stock performed recently?
Royal Gold, Inc. [RGLD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.47. With this latest performance, RGLD shares gained by 3.48% in over the last four-week period, additionally plugging by 10.57% over the last 6 months – not to mention a rise of 2.79% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RGLD stock in for the last two-week period is set at 55.31, with the RSI for the last a single of trading hit 51.14, and the three-weeks RSI is set at 56.68 for Royal Gold, Inc. [RGLD]. The present Moving Average for the last 50 days of trading for this stock 122.16, while it was recorded at 131.24 for the last single week of trading, and 114.84 for the last 200 days.
Royal Gold, Inc. [RGLD]: Deeper insight into the fundamentals
Royal Gold, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.35 and a Current Ratio set at 2.50.
Earnings analysis for Royal Gold, Inc. [RGLD]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RGLD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Royal Gold, Inc. go to 4.00%.
Insider trade positions for Royal Gold, Inc. [RGLD]
The top three institutional holders of RGLD stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in RGLD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in RGLD stock with ownership which is approximately 5.8386%.
