Royal Gold Stock Buy Hold or Sell Recommendation
| RGLD Stock | USD 121.66 1.34 1.09% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Royal Gold is 'Strong 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. The advice algorithm takes into account all of Royal Gold's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Royal Gold's buy or sell advice are summarized below:
Real Value 128 | Target Price 147.73 | Hype Value 121.63 | Market Value 121.66 | Naive Value 120.14 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Royal Gold given historical horizon and risk tolerance towards Royal Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Royal Gold, the advice is generated through an automated system that utilizes algorithms and statistical models.
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
 |  |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Royal Gold Trading Alerts and Improvement Suggestions
| Over 86.0% of the company shares are owned by institutional investors | |
| On 19th of April 2024 Royal Gold paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Whats in Store for Sherwin-Williams in Q1 Earnings |
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 | 0.03 | Value At Risk | -2.56 | Potential Upside | 2.94 | Standard Deviation | 2.05 |
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
Have you ever been surprised when a price of an equity instrument such as Royal Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Royal Gold backward and forwards among themselves. Royal Gold's institutional investor refers to the entity that pools money to purchase Royal Gold's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Kopernik Global Investors, Llc | 2023-12-31 | 671.7 K | Millennium Management Llc | 2023-12-31 | 602 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 591.1 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 512.9 K | Charles Schwab Investment Management Inc | 2023-12-31 | 463.2 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 420.8 K | Renaissance Technologies Corp | 2023-12-31 | 374 K | Amundi | 2023-12-31 | 372.9 K | Clearbridge Advisors, Llc | 2023-12-31 | 349.7 K | Capital World Investors | 2023-12-31 | 8.2 M | Blackrock Inc | 2023-12-31 | 6.9 M |
Royal Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation | 163.1M | 183.6M | 189.0M | 183.2M | 210.7M | 221.2M | |
| Other Non Cash Items | 185.1M | 22.1M | (39.0M) | (16.9M) | (19.4M) | (18.5M) | |
| Change To Netincome | (22.1M) | (33.7M) | 17.5M | (8.0M) | (7.2M) | (6.8M) | |
| Investments | (461K) | 70.0M | 8.7M | (922.9M) | (830.6M) | (789.1M) | |
| Change Receivables | 530K | 5.6M | (7.0M) | (19.6M) | (17.6M) | (16.7M) | |
| Net Borrowings | 85M | (305M) | (200M) | 575M | 661.3M | 694.3M |
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 NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | 1.60 | |
σ | Overall volatility | 2.04 | |
Ir | Information ratio | -0.02 |
Royal Gold Volatility Alert
Royal Gold has relatively low volatility with skewness of 0.84 and kurtosis of 3.22. 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 | 7.85 B | 16.62 B |
| Shares Outstanding | 65.73 M | 571.82 M |
| Shares Owned By Insiders | 0.33 % | 10.09 % |
| Shares Owned By Institutions | 86.46 % | 39.21 % |
| Number Of Shares Shorted | 2.67 M | 4.71 M |
| Price To Earning | 28.10 X | 28.72 X |
| Price To Book | 2.73 X | 9.51 X |
| Price To Sales | 12.23 X | 11.42 X |
| Revenue | 603.21 M | 9.43 B |
| Gross Profit | 501.54 M | 27.38 B |
| EBITDA | 474.76 M | 3.9 B |
| Net Income | 238.98 M | 570.98 M |
| Cash And Equivalents | 280.62 M | 2.7 B |
| Cash Per Share | 4.28 X | 5.01 X |
| Total Debt | 571.57 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 | 417.35 M | 971.22 M |
| Short Ratio | 5.56 X | 4.00 X |
| Earnings Per Share | 3.63 X | 3.12 X |
| Price To Earnings To Growth | 1.41 X | 4.89 X |
| Target Price | 149.32 | |
| Number Of Employees | 30 | 18.84 K |
| Beta | 0.65 | -0.15 |
| Market Capitalization | 8 B | 19.03 B |
| Total Asset | 3.53 B | 29.47 B |
| Retained Earnings | 527.31 M | 9.33 B |
| Working Capital | 122.25 M | 1.48 B |
Note: Disposition of 470 shares by William Heissenbuttel of Royal Gold at 107.7 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.| 2021 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 446.3M | 657.3M | 690.2M | Total Assets | 3.5B | 4.1B | 4.3B |
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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.
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When running Royal Gold's price analysis, check to measure Royal Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Gold is operating at the current time. Most of Royal Gold's value examination focuses on studying past and present price action to predict the probability of Royal Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Gold's price. Additionally, you may evaluate how the addition of Royal Gold to your portfolios can decrease your overall portfolio volatility.
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Is Royal Gold's industry 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 3.63 | 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.