The Marygold Companies, Inc.

The Marygold Companies, Inc. Stock Forecast & Price Prediction

Live The Marygold Companies, Inc. Stock (MGLD) Price
$1.29

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1.29

P/E Ratio

95.20

Volume Traded Today

$4,700

Dividend

Dividends not available for MGLD

52 Week High/low

1.92/0.78

The Marygold Companies, Inc. Market Cap

$48.3M

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MGLD Summary

From what 0 stock analysts predict, the share price for The Marygold Companies, Inc. (MGLD) might decrease by 100% in the next year. This is based on a 12-month average estimation for MGLD. Price targets go from $ to $. The majority of stock analysts believe MGLD is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

MGLD Analyst Ratings

About 0 Wall Street analysts have assigned MGLD 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect The Marygold Companies, Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MGLD. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MGLD stock forecast by analyst

These are the latest 20 analyst ratings of MGLD.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

MGLD Company Information

What They Do: Provides diverse fund management and consumer products.

Business Model: The company operates as an investment advisor to exchange traded funds and generates revenue through fund management. It also manufactures and sells food products, security systems, and beauty products, catering to various retail channels. This diversified approach allows it to tap into multiple markets for sustained revenue growth.

Other Information: Founded in 1996 and headquartered in San Clemente, California, the company was previously known as Concierge Technologies, Inc. and rebranded in March 2022. It operates in multiple countries, including the US, UK, New Zealand, Australia, and Canada.
MGLD
The Marygold Companies, Inc. (MGLD)

When did it IPO

2022

Staff Count

116

Country

United States

Sector/Industry

Financial Services/Asset Management

CEO

Mr. Nicholas Daniel Gerber

Market Cap

$48.3M

The Marygold Companies, Inc. (MGLD) Financial Data

In 2023, MGLD generated $34.9M in revenue, which was a decrease of -7.80% from the previous year. This can be seen as a signal that MGLD's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$39.9M

0.00 %
From Previous Year

Revenue From 2022

$37.8M

-5.20 %
From Previous Year

Revenue From 2023

$34.9M

-7.80 %
From Previous Year
  • Revenue TTM $32.5M
  • Operating Margin TTM -27.4%
  • Gross profit TTM $24.1M
  • Return on assets TTM -12.9%
  • Return on equity TTM -18.6%
  • Profit Margin -15.9%
  • Book Value Per Share 0.63%
  • Market capitalisation $48.3M
  • Revenue for 2021 $39.9M
  • Revenue for 2022 $37.8M
  • Revenue for 2023 $34.9M
  • EPS this year (TTM) $-0.10

The Marygold Companies, Inc. (MGLD) Latest News

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The Marygold Companies, Inc. reported Q1 fiscal 2025 revenue of $7.9 million, down from $8.2 million last year, with a net loss of $1.6 million ($0.04 per share).

Why It Matters - The decline in revenue and the net loss reported by The Marygold Companies may signal financial instability, affecting investor confidence and stock performance.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The Marygold Companies, Inc. (TMC) has acquired a 7.95% stake in Midland Capital Holdings Corporation for $1.8 million. Midland Capital's main entity is Midland Federal Savings and Loan Association.

Why It Matters - TMC's investment in Midland Capital signals confidence in the financial sector, potentially enhancing its portfolio and influencing market perceptions of both companies' growth prospects.

News Image

Tue, 24 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The Marygold Companies, Inc. (NYSE: MGLD) has secured $4.38 million in funding from a $6.56 million private placement with Streeterville Capital, to support its Marygold & Co. project initiatives.

Why It Matters - The funding announcement indicates financial backing for TMC's growth initiatives, potentially boosting its market position and increasing shareholder value.

News Image

Wed, 18 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The Marygold Companies, Inc. reported a fiscal year 2024 revenue of $32.8 million, down from $34.9 million in 2023, and a net loss of $4.1 million, or $0.10 per share.

Why It Matters - Declining revenue and a net loss indicate financial struggles for The Marygold Companies, potentially impacting stock performance and investor confidence.

News Image

Fri, 21 Jun 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The Marygold Companies, Inc. (NYSE American: MGLD) will present at the 2024 Maxim Fintech Virtual Symposium on June 25 at 2 p.m. EDT, focusing on financial services developments.

Why It Matters - TMC's participation in the Maxim Fintech Symposium highlights its commitment to financial services innovation, potentially attracting investor interest and impacting stock performance.

News Image

Fri, 21 Jun 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Wolters Kluwer won a Gold-level award in the 2024 Globeeยฎ American Business Awards for its Beneficial Ownership Platform, aiding compliance with new CTA reporting requirements effective January 1, 2024.

Why It Matters - Wolters Kluwer's award highlights its leadership in compliance solutions, potentially increasing demand for its services and positively impacting its financial performance.

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MGLD Frequently asked questions

The highest forecasted price for MGLD is $ from at .

The lowest forecasted price for MGLD is $ from from

The MGLD analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.