Royal Gold Inc (NASDAQ: RGLD) has reported E.P.S. of $1.23 for its second fiscal quarter (ending June 30) versus $0.97 for the same period a year ago — an increase of 27%. This performance was $0.04 better than the consensus estimate of $1.19. E.P.S. were $3.65 for the latest four quarters through June 30 versus $3.50 for the same period a year ago — an increase of 4%.
Recent Price Action
Royal Gold Inc (NASDAQ: RGLD) stock closed at $128.45 on 8/7/24 after a slight decline of -0.6%. NORMAL trading volume accompanied the decline. The stock has declined -5.9% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
RGLD’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Royal Gold has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Royal Gold has a slightly negative Appreciation Score of 33 but a good Power Rating of 72, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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