It’s Time To Focus On The Long Run With Sandstorm Gold Ltd. (SAND) stock

The closing price of Sandstorm Gold Ltd. (NYSE: SAND) was $5.36 for the day, up 1.13% from the previous closing price of $5.30. In other words, the price has increased by $+0.06 from its previous closing price. On the day, 3314319 shares were traded. SAND stock price reached its highest trading level at $5.36 during the session, while it also had its lowest trading level at $5.17.

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Ratios:

Our analysis of SAND’s different ratios will help us gain a deeper understanding of the company.

Upgrades & Downgrades

BMO Capital Markets Upgraded its Market Perform to Outperform on August 17, 2022, whereas the target price for the stock was revised from $9.50 to $9.

Valuation Measures:

As of this moment, Sandstorm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.24, and their Forward P/E ratio for the next fiscal year is 44.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.77 while its Price-to-Book (P/B) ratio in mrq is 1.13.

Stock Price History:

Over the past 52 weeks, SAND has reached a high of $9.18, while it has fallen to a 52-week low of $4.51. The 50-Day Moving Average of the stock is 5.42, while the 200-Day Moving Average is calculated to be 5.58.

Shares Statistics:

SAND traded an average of 2.46M shares per day over the past three months and 3.52M shares per day over the past ten days. A total of 298.86M shares are outstanding, with a floating share count of 247.47M. Insiders hold about 3.84% of the company’s shares, while institutions hold 55.77% stake in the company. Shares short for SAND as of Jan 30, 2023 were 5.36M with a Short Ratio of 5.87M, compared to 4.21M on Dec 29, 2022.

Earnings Estimates

The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.03 and a low estimate of $0, while EPS last year was $0.04. The consensus estimate for the next quarter is $0.02, with high estimates of $0.04 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.4 and $0.09 for the fiscal current year, implying an average EPS of $0.24. EPS for the following year is $0.09, with 9 analysts recommending between $0.17 and -$0.01.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $38.4M to a low estimate of $38M. As of the current estimate, Sandstorm Gold Ltd.’s year-ago sales were $29.82M, an estimated increase of 27.90% from the year-ago figure.

A total of 8 analysts have provided revenue estimates for SAND’s current fiscal year. The highest revenue estimate was $155M, while the lowest revenue estimate was $139.7M, resulting in an average revenue estimate of $149.38M. In the same quarter a year ago, actual revenue was $114.86M, up 30.10% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $178.63M in the next fiscal year. The high estimate is $198M and the low estimate is $166M. The average revenue growth estimate for next year is up 19.60% from the average revenue estimate for this year.