The stock of Sasol Limited (NYSE:SSL) increased by $0.22 on Friday to finish at $14.22, up 1.57 percent. The last five days have seen an average of 430,800 shares of common stock traded. 11 times new highs were reached in the current year, with a fall of -$1.49. The average number of shares traded over the last 20 days was 392,360, while the average volume over the last 50 days totaled 341,668.
SSL stock appreciated 5.33% since last month. On 08/03/23, the company’s shares reached a one-month low of $12.65. The stock touched a high of $22.31 on 01/26/23, after rallying from a low of $11.56 in 52 weeks. The price of SSL stock has declined by -9.48% or -$1.49 this year, reaching a new high 11 times. Still, the stock price is down -36.25% from the 52-week high.
Valuation Metrics
Sasol Limited (SSL) has a trailing price-to-earnings (P/E) ratio of 4.43. Beta for the stock is 2.54. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.55, the price-to-book (PB) ratio of 0.85.
Company paid $0.3871 per share in dividends, a decrease of -55.59% from $0.8716 last year. A $0.4845 dividend decrease was reported on Tuesday February 21 2023.
Financial Health
For the recent quarter, Sasol Limited’s quick ratio was 1.30, while its current ratio was 2.10, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.61, and the total debt to equity ratio is 0.65. As far as profitability goes, gross margin for the trailing twelve months is 49.80% percent. Sasol Limited’s EBITDA margin for the recent year was 30.30%, whereas its operating margin stood at 19.90% for the same period. Based on annual data, it had gross profit of $9.79 billion and revenue of $18.14 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. SSL’s return on assets (ROA) during the last 12 months has been 9.70%. There was a 15.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 22.10%.
Earnings Surprise
Net income for the quarter came in at $19.29 billion, while revenues rose by 26.77% to $0.0. At the end of Sasol Limited’s most recent quarter, its liabilities totaled 12.49 billion, while its total debt was $127.75 billion.
Technical Picture
Here’s a quick look at Sasol Limited’s (SSL) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 66.17%, suggesting the stock is Neutral, with a 40.16% historical volatility rate.
The stochastic %K and %D were 77.72% and 63.57% respectively, while the average true range (ATR) was 0.40. Based on the 14-day stochastic reading of 97.52%, the RSI (14) reading is 61.97%. On the 9-day MACD Oscillator, the stock is at 0.31, and the 14-day reading is at 0.18.
Analyst Ratings
In its most recent analyst report, Morgan Stanley raised its rating on Sasol Limited (NYSE: SSL) to an Overweight. Prior to this, analysts firm rated the stock as an Equal-weight. Analysts have assigned Sasol Limited (SSL) an Buy rating. SSL is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 8 others recommend it as a buy.
What is SSL’s price target for the next 12 months?
The current consensus forecast for the stock is between $14.51 and $29.36, with a median target price of $17.44. In analyzing these forecasts, the average price target given by analysts for Sasol Limited (SSL) is $18.62.
