Sandstorm Gold Ltd. (SAND) Stock Reporting Positive Earnings Surprise?

Sandstorm Gold Ltd. (NYSE:SAND) stock is down -2.86% to close at $8.49 on Thursday, 05/21/20. SAND stock is lower by -$0.25 from the previous closing price of $8.74 on volume of 1948172 shares. In the meantime, SAND was trading in the Basic Materials sector, the stock is trading -5.88% low as compared to its 52-week high price and 155.72% high as compared to its 52-week low price. Of example, both the price and the high and low measurements of 52 weeks will give you a clear image for determining the price track. The firm has a Weighted Alpha of 140.8. A positive weighted alpha shows that over the past year the stock has risen. A negative means that over the same period the stock is down.

What do the Analysts Think?

Over the last 12 months, Sandstorm Gold Ltd. (SAND) stock has gained by 67.46 percent, and Wall Street analysts’ average rating is a Overweight. SAND stock has an average target price of $8.89 in addition to the average rating from Wall Street analysts. This suggests investors foresee the inventory in the next 12 months to loss -42.93%.

Estimates of future earnings are probably the most important feedback when attempting to evaluate a company. Analysts can then use cash flow analysis to approximate fair value for a company by placing estimates on a company’s earnings for certain periods. In case of Sandstorm Gold Ltd. (SAND), the Consensus Average Estimate of EPS for fiscal year 12/2020 according to 3 analysts is at $0.12 per share. The high EPS estimate is $0.15 per share and the low estimate is $0.07 per share. The Average estimate indicates the 33.33% growth as compared to the prior year estimated EPS of $0.09 per share.

EPS Growth and Stock Performance

Sandstorm Gold Ltd. also currently has an EPS Growth of -64.70 percent for current year, showing analysts have bearish about their potential for near-term earnings. EPS growth was 1.37 percent over the past five years. Next year’s EPS growth is estimated at 33.30%.

The performance of the stocks typically measures, how much a stock gain or lose its value during different time spans. Sandstorm Gold Ltd. (NYSE:SAND) has achieved around 20.08% in the last 30 days and around 12.15% over the last three months. The stock exposed return of +155.72% over the period of last 5 years and recorded return of 5.73% over a week. In the last 6 months, the stock has been observed at 26.15% return.

Tracking the Profitability and Valuation Ratios

As of the last trading session the stock has achieved a market cap of $1.61B. Market capitalization is the cumulative dollar value of all of a company’s outstanding shares and is used to quantify businesses and consider their overall market value. The P/E ratio of Sandstorm Gold Ltd. (NYSE:SAND) is noted at 424.50. Price-to-earnings ratio is a common measure of the current share price of a business relative to its per-share profits (ttm). Forward P/E is standup at 106.12. Forward price-to-earnings ratio calculated utilizing projected earnings for the next financial year’s P/E estimate. The stock has attained Price-to-sales ratio of 17.43 replicates the cost to be found on sales by the market. The firm maintained Price-to-book ratio of 2.91, which is used to equate the market value of a stock with its book value.