Royal Gold Stock Shares Outstanding
| RGLD Stock | USD 120.93 0.52 0.43% |
Royal Gold fundamentals help investors to digest information that contributes to Royal Gold's financial success or failures. It also enables traders to predict the movement of Royal Stock. The fundamental analysis module provides a way to measure Royal Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Royal Gold stock.
The current year's Common Stock Shares Outstanding is expected to grow to about 79.3 M. Royal | Shares Outstanding |
Royal Gold Company Shares Outstanding Analysis
Royal Gold's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Royal Gold Shares Outstanding | 65.73 M |
Most of Royal Gold's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Royal Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Royal Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Royal Gold is extremely important. It helps to project a fair market value of Royal Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Royal Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Royal Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Royal Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Royal Shares Outstanding Historical Pattern
Today, most investors in Royal Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Royal Gold's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Royal Gold shares outstanding as a starting point in their analysis.
Royal Gold Shares Outstanding |
| Timeline |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Royal Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
Based on the latest financial disclosure, Royal Gold has 65.73 M of shares currently outstending. This is 89.3% lower than that of the Metals & Mining sector and 81.75% lower than that of the Materials industry. The shares outstanding for all United States stocks is 88.5% higher than that of the company.
Royal Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royal Gold's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Royal Gold could also be used in its relative valuation, which is a method of valuing Royal Gold by comparing valuation metrics of similar companies.Royal Gold is currently under evaluation in shares outstanding category among related companies.
Royal Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Royal Gold from analyzing Royal Gold's financial statements. These drivers represent accounts that assess Royal Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Royal Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.1B | 6.6B | 8.1B | 7.4B | 7.9B | 8.3B | |
| Enterprise Value | 6.3B | 6.7B | 8.1B | 7.8B | 8.1B | 8.5B |
Royal Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0744 | ||||
| Profit Margin | 0.42 % | ||||
| Operating Margin | 0.51 % | ||||
| Current Valuation | 7.67 B | ||||
| Shares Outstanding | 65.73 M | ||||
| Shares Owned By Insiders | 0.33 % | ||||
| Shares Owned By Institutions | 86.34 % | ||||
| Number Of Shares Shorted | 2.67 M | ||||
| Price To Earning | 28.10 X | ||||
| Price To Book | 2.73 X | ||||
| Price To Sales | 12.23 X | ||||
| Revenue | 603.21 M | ||||
| Gross Profit | 501.54 M | ||||
| EBITDA | 474.76 M | ||||
| Net Income | 238.98 M | ||||
| Cash And Equivalents | 280.62 M | ||||
| Cash Per Share | 4.28 X | ||||
| Total Debt | 571.57 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 5.32 X | ||||
| Book Value Per Share | 39.48 X | ||||
| Cash Flow From Operations | 417.35 M | ||||
| Short Ratio | 5.56 X | ||||
| Earnings Per Share | 3.63 X | ||||
| Price To Earnings To Growth | 1.41 X | ||||
| Target Price | 149.86 | ||||
| Number Of Employees | 30 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 7.91 B | ||||
| Total Asset | 3.53 B | ||||
| Retained Earnings | 527.31 M | ||||
| Working Capital | 122.25 M | ||||
| Current Asset | 164.77 M | ||||
| Current Liabilities | 22.68 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.08 % | ||||
| Net Asset | 3.53 B | ||||
| Last Dividend Paid | 0.6 |
About Royal Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royal Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royal Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royal Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Royal Gold Investors Sentiment
The influence of Royal Gold's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Royal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Royal Gold's public news can be used to forecast risks associated with an investment in Royal. The trend in average sentiment can be used to explain how an investor holding Royal can time the market purely based on public headlines and social activities around Royal Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Royal Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Royal Gold's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Royal Gold's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Royal Gold.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Royal Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Royal Gold's short interest history, or implied volatility extrapolated from Royal Gold options trading.
Currently Active Assets on Macroaxis
When determining whether Royal Gold is a strong investment it is important to analyze Royal Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Royal Gold's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:Check out Royal Gold Piotroski F Score and Royal Gold Altman Z Score analysis. For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Royal Stock analysis
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.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
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.