Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Royal Gold (NASDAQ:RGLD) in the last three months.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 1 | 1 | 0 |
| Last 30D | 0 | 0 | 0 | 1 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Royal Gold and provided 12-month price targets. The average target is $150.25, accompanied by a high estimate of $162.00 and a low estimate of $131.00. Witnessing a positive shift, the current average has risen by 0.5% from the previous average price target of $149.50.
Interpreting Analyst Ratings: A Closer Look
The perception of Royal Gold by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Michael Jalonen | B of A Securities | Raises | Underperform | $131.00 | $129.00 |
| Tanya Jakusconek | Scotiabank | Raises | Sector Perform | $148.00 | $144.00 |
| Jackie Przybylowski | BMO Capital | Lowers | Outperform | $160.00 | $162.00 |
| Jackie Przybylowski | BMO Capital | Lowers | Outperform | $162.00 | $163.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Royal Gold. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Royal Gold compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Royal Gold's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Royal Gold's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Royal Gold analyst ratings.
About Royal Gold
Royal Gold Inc enquires and manages precious metal royalties and streams, with a focus on gold. The company operates by purchasing a percentage of the metal produced from a mineral property for an initial payment, without assuming responsibility of mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine, in exchange for an upfront deposit payment. Generally Royal Gold does not conduct any work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
Royal Gold: Financial Performance Dissected
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: Royal Gold's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -12.61%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 31.68%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Royal Gold's ROE excels beyond industry benchmarks, reaching 1.63%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Royal Gold's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.41% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Royal Gold's debt-to-equity ratio is below the industry average at 0.05, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.