Sibanye Stillwater Limited (SBSW) Is A Stock You Should Watch

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BBAI
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As of Friday close, Sibanye Stillwater Limited’s (NYSE:SBSW) stock was up $0.13, moving up 1.59 percent to $8.29. The average number of shares traded per day over the past five days has been 5,089,500 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.02 fall in that time frame. In the last twenty days, the average volume was 5,354,475, while in the previous 50 days, it was 3,814,012.

Since last month, SBSW stock retreated -12.28%. Shares of the company fell to $7.82 on 03/07/23, the lowest level in the past month. A 52-week high of $18.63 was reached on 01/13/23 after having rallying from a 52-week low of $7.82. Since the beginning of this year, SBSW’s stock price has dropped by -22.23% or -$2.37, and marked a new high 8 times. However, the stock has declined by -55.50% since its 52-week high.

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Valuation Metrics

Right now, Sibanye Stillwater Limited (SBSW) has a P/E ratio of about 5.91. The stock’s beta is 1.54. Besides these, the trailing price-to-sales (P/S) ratio of 0.76, the price-to-book (PB) ratio of 1.26, and the price-to-cash flow ratio of 5.37 may also be considered.

The latest dividend of $0.27 per share was paid out, which is -16.82% less than last year’s $0.3246. On Tuesday February 28 2023, a $0.0546 dividend decrease was announced.

Financial Health

In the three months ended June 29, Sibanye Stillwater Limited’s quick ratio stood at 1.90, while its current ratio was 3.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.24, and the total debt-to-equity ratio was 0.25. On the profitability front, the trailing twelve-month gross margin is 25.20% percent. In the year ended June 29, EBITDA margin amounted to 28.83%, whereas operating margins totaled 39.30%. Based on annual data, SBSW earned $2.24 billion in gross profit and brought in $8.45 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 40.40%. Return on equity (ROE) for the past 12 months was 41.70%.

SBSW’s revenue rose 100.0% during the quarter, while net income inched up to $12.04 billion. While analysts expected Sibanye Stillwater Limited to report $0.32 quarterly earnings, the actual figure was $1.04 per share, beating the consensus estimate by 225.00%. The liabilities of Sibanye Stillwater Limited were 4.44 billion at the end of its most recent quarter ended June 29, and its total debt was $23.05 billion.

Technical Picture

This quick technical analysis looks at Sibanye Stillwater Limited’s (SBSW) price momentum. With a historical volatility rate of 37.37%, the RSI 9-day stood at 43.61% on 17 March.

With respect to its five-day moving average, the current Sibanye Stillwater Limited price is down by -0.24% percent or -$0.02. At present, SBSW shares trade -12.92% below its 20-day simple moving average and -13.91% percent below its 100-day simple moving average. However, the stock is currently trading approximately -26.90% below its SMA50 and -36.18% below its SMA200.

Stochastic coefficient K was 37.69% and Stochastic coefficient D was 46.21%, while ATR was 0.33. Given the Stochastic reading of 43.93% for the 14-day period, the RSI (14) reading has been calculated as 39.42%. As of today, the MACD Oscillator reading stands at -0.01, while the 14-day reading stands at 0.01.

Analyst Ratings

Sibanye Stillwater Limited downgraded its rating on Sibanye Stillwater Limited (NYSE: SBSW) to a Hold in a note to investors on November 23, 2022. The analysts firm previously had a Buy rating on the stock.Sibanye Stillwater Limited (SBSW) has been rated Overweight by analysts. According to 1 brokerage firm, SBSW is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Sibanye Stillwater Limited stock as buy, with 6 recommending it as overweight.

With a median target price of $11.83, the current consensus forecast for the stock is $6.56 – $17.57. Based on these forecasts, analysts predict Sibanye Stillwater Limited (SBSW) will achieve an average price target of $12.09.

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