Royal Gold Stock Buy Hold or Sell Recommendation
| RGLD Stock | USD 148.18 0.42 0.28% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding Royal Gold is 'Cautious Hold'. Macroaxis provides Royal Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RGLD positions.
Check out Royal Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide. Note, we conduct extensive research on individual companies such as Royal and provide practical buy, sell, or hold advice based on investors' constraints. Royal Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Royal |
Execute Royal Gold Buy or Sell Advice
The Royal recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Royal Gold. Macroaxis does not own or have any residual interests in Royal Gold or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Royal Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Royal Gold Trading Alerts and Improvement Suggestions
| Royal Gold has a strong financial position based on the latest SEC filings | |
| Over 88.0% of the company shares are owned by institutional investors | |
| On 18th of October 2024 Royal Gold paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Ontario Teachers Pension Plan Board Has 1.90 Million Holdings in Royal Gold, Inc. |
Royal Gold Returns Distribution Density
The distribution of Royal Gold's historical returns is an attempt to chart the uncertainty of Royal Gold's future price movements. The chart of the probability distribution of Royal Gold daily returns describes the distribution of returns around its average expected value. We use Royal Gold price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Royal Gold returns is essential to provide solid investment advice for Royal Gold.
| Mean Return | 0.12 | Value At Risk | -2.62 | Potential Upside | 2.44 | Standard Deviation | 1.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Royal Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Royal Stock Institutional Investors
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 835 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 828.6 K | Amvescap Plc. | 2024-06-30 | 711.9 K | Kopernik Global Investors, Llc | 2024-06-30 | 648.7 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 564 K | Bank Of America Corp | 2024-06-30 | 525.4 K | Aqr Capital Management Llc | 2024-06-30 | 483.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 479.1 K | Renaissance Technologies Corp | 2024-09-30 | 445.8 K | Capital World Investors | 2024-09-30 | 8.7 M | Blackrock Inc | 2024-06-30 | 7 M |
Royal Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2.1M) | (291K) | 2.3M | (1.0M) | 2.9M | 3.0M | |
| Change In Cash | 30.7M | 199.7M | (93.2M) | (25.0M) | (14.4M) | (13.7M) | |
| Free Cash Flow | 252.1M | 184.8M | 61.5M | (504.8M) | 413.1M | 433.8M | |
| Depreciation | 169.9M | 175.4M | 189.0M | 184.7M | 164.9M | 173.2M | |
| Other Non Cash Items | 185.1M | 176.3M | 1.8M | 185.7M | 1.6M | 1.5M | |
| Capital Expenditures | 1.1M | 156.0M | 400.4M | 922.2M | 2.7M | 2.5M | |
| Net Income | 89.1M | 196.3M | 274.0M | 239.9M | 239.4M | 251.4M | |
| End Period Cash Flow | 119.5M | 319.1M | 225.9M | 118.6M | 104.2M | 157.9M | |
| Dividends Paid | 67.5M | 71.5M | 78.7M | 91.9M | 98.6M | 103.5M |
Royal Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Royal Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Royal Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Royal stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 1.62 | |
Ir | Information ratio | 0.02 |
Royal Gold Volatility Alert
Royal Gold has relatively low volatility with skewness of -0.3 and kurtosis of 0.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Royal Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Royal Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Royal Gold Fundamentals Vs Peers
Comparing Royal Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Royal Gold's direct or indirect competition across all of the common fundamentals between Royal Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Royal Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Royal Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Royal Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Royal Gold to competition |
| Fundamentals | Royal Gold | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0744 | -0.14 |
| Profit Margin | 0.42 % | (1.27) % |
| Operating Margin | 0.51 % | (5.51) % |
| Current Valuation | 9.7 B | 16.62 B |
| Shares Outstanding | 65.76 M | 571.82 M |
| Shares Owned By Insiders | 0.30 % | 10.09 % |
| Shares Owned By Institutions | 87.52 % | 39.21 % |
| Number Of Shares Shorted | 2.19 M | 4.71 M |
| Price To Earning | 28.10 X | 28.72 X |
| Price To Book | 3.20 X | 9.51 X |
| Price To Sales | 15.15 X | 11.42 X |
| Revenue | 605.72 M | 9.43 B |
| Gross Profit | 501.54 M | 27.38 B |
| EBITDA | 468.14 M | 3.9 B |
| Net Income | 239.44 M | 570.98 M |
| Cash And Equivalents | 280.62 M | 2.7 B |
| Cash Per Share | 4.28 X | 5.01 X |
| Total Debt | 251.61 M | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 5.32 X | 2.16 X |
| Book Value Per Share | 39.48 X | 1.93 K |
| Cash Flow From Operations | 415.79 M | 971.22 M |
| Short Ratio | 7.79 X | 4.00 X |
| Earnings Per Share | 4.36 X | 3.12 X |
| Price To Earnings To Growth | 1.41 X | 4.89 X |
| Target Price | 167.45 | |
| Number Of Employees | 30 | 18.84 K |
| Beta | 0.65 | -0.15 |
| Market Capitalization | 9.77 B | 19.03 B |
| Total Asset | 3.36 B | 29.47 B |
| Retained Earnings | 666.52 M | 9.33 B |
| Working Capital | 95 M | 1.48 B |
Note: Acquisition by Mark Isto of 6602 shares of Royal Gold at 77.73 subject to Rule 16b-3 [view details]
Royal Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Royal . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Royal Gold Buy or Sell Advice
When is the right time to buy or sell Royal Gold? Buying financial instruments such as Royal Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Royal Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Check out Royal Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Gold. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.142 | Dividend Share 0.6 | Earnings Share 4.36 | Revenue Per Share 9.842 | Quarterly Revenue Growth 0.059 |
The market value of Royal Gold is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Gold's value that differs from its market value or its book value, called intrinsic value, which is Royal Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Gold's market value can be influenced by many factors that don't directly affect Royal Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royal Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.