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.

Many analysts weighed in on price targets for RGLD. The most optimistic price target was 100, implying potential capital gains of 17.16 percent. The most pessimistic price target was 75, which equates to a potential downside of -12.13 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.35 percent. That number becomes -2.42 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.32 percent, compared to last month. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of RGLD's earnings is estimated by analysts to be 5.23 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of RGLD is 10.38.

In the last 52-weeks, RGLD has achieved a high of 87.74 and a low of 60.21. The current market price is above the trailing year's low by 41.75 percent, and 2.72 percent lower than its 52-week high. RGLD has a price/earnings 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 market cap of RGLD is $5.51 billion. RGLD's next earnings release will be on 0000-00-00, which is days away.