We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Gold.com (GOLD) Rises Higher Than Market: Key Facts
Read MoreHide Full Article
In the latest close session, Gold.com (GOLD - Free Report) was up +1.08% at $44.99. The stock's change was more than the S&P 500's daily gain of 0.8%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 1.6%.
Shares of the precious metals trading company have depreciated by 7.06% over the course of the past month, underperforming the Finance sector's gain of 5.61%, and the S&P 500's gain of 5.15%.
The investment community will be closely monitoring the performance of Gold.com in its forthcoming earnings report. The company is predicted to post an EPS of $2.17, indicating a 804.17% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $5.5 billion, up 82.93% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.34 per share and revenue of $19.92 billion, indicating changes of +100% and +81.46%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Goldcom. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Gold.com boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Gold.com is currently trading at a Forward P/E ratio of 10.26. This represents a discount compared to its industry average Forward P/E of 12.59.
The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 97, placing it within the top 40% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Gold.com (GOLD) Rises Higher Than Market: Key Facts
In the latest close session, Gold.com (GOLD - Free Report) was up +1.08% at $44.99. The stock's change was more than the S&P 500's daily gain of 0.8%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 1.6%.
Shares of the precious metals trading company have depreciated by 7.06% over the course of the past month, underperforming the Finance sector's gain of 5.61%, and the S&P 500's gain of 5.15%.
The investment community will be closely monitoring the performance of Gold.com in its forthcoming earnings report. The company is predicted to post an EPS of $2.17, indicating a 804.17% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $5.5 billion, up 82.93% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.34 per share and revenue of $19.92 billion, indicating changes of +100% and +81.46%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Goldcom. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Gold.com boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Gold.com is currently trading at a Forward P/E ratio of 10.26. This represents a discount compared to its industry average Forward P/E of 12.59.
The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 97, placing it within the top 40% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.