Raymond James Comments on Sandstorm Gold Ltd.'s FY2025 Earnings (NYSE:SAND)

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Analysts at Raymond James lifted their FY2025 earnings estimates for Sandstorm Gold in a research report issued to clients and investors on Monday, September 23rd. Raymond James analyst B. Macarthur now expects that the company will earn $0.18 per share for the year, up from their previous estimate of $0.12. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.09 per share. Raymond James also issued estimates for Sandstorm Gold's Q4 2025 earnings at $0.05 EPS.

SAND has been the subject of several other research reports. Royal Bank of Canada cut their target price on Sandstorm Gold from $6.50 to $6.00 and set an "outperform" rating for the company in a research note on Tuesday, September 10th. HC Wainwright increased their target price on shares of Sandstorm Gold from $11.00 to $11.50 and gave the company a "buy" rating in a report on Monday, August 5th. CIBC boosted their price target on shares of Sandstorm Gold from $9.00 to $9.50 and gave the stock a "neutral" rating in a research note on Wednesday, July 10th. Finally, StockNews.com raised Sandstorm Gold from a "hold" rating to a "buy" rating in a research note on Tuesday, September 17th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Sandstorm Gold has a consensus rating of "Moderate Buy" and a consensus price target of $8.25.

Sandstorm Gold Price Performance

Sandstorm Gold stock traded down $0.04 during mid-day trading on Thursday, hitting $6.27. 2,223,666 shares of the company traded hands, compared to its average volume of 2,167,973. The stock has a fifty day moving average price of $5.67 and a 200-day moving average price of $5.53. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 78.82 and a beta of 1.14. Sandstorm Gold has a one year low of $3.96 and a one year high of $6.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.99 and a current ratio of 1.99.

Sandstorm Gold (NYSE:SAND - Get Free Report) last issued its earnings results on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. Sandstorm Gold had a net margin of 17.55% and a return on equity of 2.06%. The business had revenue of $41.37 million for the quarter, compared to analysts' expectations of $40.50 million. During the same quarter in the previous year, the firm posted $0.01 EPS.

Hedge Funds Weigh In On Sandstorm Gold

Several hedge funds have recently made changes to their positions in the business. Cubist Systematic Strategies LLC increased its position in shares of Sandstorm Gold by 266.3% during the second quarter. Cubist Systematic Strategies LLC now owns 88,124 shares of the company's stock valued at $479,000 after buying an additional 64,063 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Sandstorm Gold in the 2nd quarter worth approximately $94,000. Clearbridge Investments LLC lifted its stake in shares of Sandstorm Gold by 18.4% in the 2nd quarter. Clearbridge Investments LLC now owns 455,898 shares of the company's stock valued at $2,480,000 after purchasing an additional 70,977 shares during the period. Toronto Dominion Bank lifted its stake in shares of Sandstorm Gold by 138.0% in the 2nd quarter. Toronto Dominion Bank now owns 42,572 shares of the company's stock valued at $232,000 after purchasing an additional 24,688 shares during the period. Finally, Squarepoint Ops LLC bought a new stake in shares of Sandstorm Gold during the second quarter valued at approximately $606,000. 51.97% of the stock is owned by hedge funds and other institutional investors.

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.