FY2025 EPS Estimate for Sandstorm Gold Lowered by Analyst

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Research analysts at Scotiabank lowered their FY2025 EPS estimates for shares of Sandstorm Gold in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the company will earn $0.18 per share for the year, down from their previous estimate of $0.24. Scotiabank has a "Sector Perform" rating and a $7.25 price target on the stock. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share.

A number of other brokerages also recently issued reports on SAND. StockNews.com raised shares of Sandstorm Gold from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th. HC Wainwright reduced their price objective on shares of Sandstorm Gold from $12.00 to $11.50 and set a "buy" rating for the company in a research report on Wednesday, February 19th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $8.56.

Sandstorm Gold Stock Performance

Shares of SAND stock traded up $0.31 during trading hours on Monday, hitting $7.66. The company's stock had a trading volume of 4,918,032 shares, compared to its average volume of 3,141,500. Sandstorm Gold has a 12-month low of $4.92 and a 12-month high of $7.69. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. The stock has a market cap of $2.27 billion, a PE ratio of 153.27 and a beta of 1.06. The company has a 50 day moving average of $6.26 and a 200 day moving average of $5.98.

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Sandstorm Gold (NYSE:SAND - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). The company had revenue of $47.40 million for the quarter, compared to analyst estimates of $67.49 million. Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. During the same quarter last year, the company earned ($0.04) EPS.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Cantor Fitzgerald L. P. acquired a new stake in Sandstorm Gold during the fourth quarter worth $56,000. Lifeworks Advisors LLC purchased a new position in Sandstorm Gold during the fourth quarter worth about $57,000. Meixler Investment Management Ltd. acquired a new stake in shares of Sandstorm Gold during the fourth quarter valued at about $66,000. JTC Employer Solutions Trustee Ltd purchased a new stake in shares of Sandstorm Gold in the 4th quarter valued at $72,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Sandstorm Gold by 21.0% in the fourth quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company's stock valued at $78,000 after purchasing an additional 2,416 shares during the period. Hedge funds and other institutional investors own 51.97% of the company's stock.

Sandstorm Gold Company Profile

Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine.