Analyst Ratings for Royal Gold Inc. (RGLD)

Updated: 2017-07-26

Royal Gold Inc. (NASDAQ:RGLD) was awarded an average rating of Overweight from investment analysts following the stock. RGLD had previously received a consensus rating of Overweight a month ago.

Of the 14 analysts covering the stock, 8 gave it a buy rating, 1 issued an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

RGLD was given price targets by several analysts. The highest price target was 100, implying potential capital gains of 17.16 percent. The minimum price target given was 75, implying potential capital losses of -12.13 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.35 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.42 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.32 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.66 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

Analysts estimate earnings of RGLD to grow at a rate of 5.23 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of RGLD is 10.38.

In the trailing 52-weeks, RGLD hit 87.74 at the highest peak, while it's lowest trading point was 60.21. Currently the stock is 41.75 percent higher than its low, and below the high by 2.72 percent. RGLD has a P/E ratio of 54.29. Investors typically compare the P/E ratio to a company's peers in the industry. The RGLD value stock report compares RGLD to some of its peers using value stock charts. The stock has a market capitalization of $5.51 billion. RGLD's next earnings release will be on 0000-00-00, which is days away.