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.
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.
These are the latest 20 analyst ratings of MGLD.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Data Not Found! |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.