As of Thursday close, Gold Fields Limited’s (NYSE:GFI) stock was down -$1.31, moving down -10.29 percent to $11.42. The average number of shares traded per day over the past five days has been 4,406,340 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.78 fall in that time frame. In the last twenty days, the average volume was 4,421,130, while in the previous 50 days, it was 4,993,156.
Since last month, GFI stock retreated -27.72%. Shares of the company fell to $11.21 on 08/17/23, the lowest level in the past month. A 52-week high of $17.78 was reached on 05/04/23 after having rallying from a 52-week low of $7.03. Since the beginning of this year, GFI’s stock price has risen by 10.34% or $1.07, and marked a new high 19 times. However, the stock has declined by -35.78% since its 52-week high.
Valuation Metrics
Right now, Gold Fields Limited (GFI) has a P/E ratio of about 14.36. The stock’s beta is 0.98. Besides these, the trailing price-to-sales (P/S) ratio of 2.35, the price-to-book (PB) ratio of 2.42, and the price-to-cash flow ratio of 32.52 may also be considered.
The latest dividend of $0.2425 per share was paid out, which is 40.99% more than last year’s $0.1720. On Tuesday February 28 2023, a $0.0705 dividend increase was announced.
Financial Health
In the recent quarter, Gold Fields Limited’s quick ratio stood at 2.30, while its current ratio was 2.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.33, and the total debt-to-equity ratio was 0.35. On the profitability front, the trailing twelve-month gross margin is 39.20% percent. In the recent year, EBITDA margin amounted to 52.59%, whereas operating margins totaled 33.40%. Based on annual data, GFI earned $1.68 billion in gross profit and brought in $4.29 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 17.40%. Return on equity (ROE) for the past 12 months was 17.40%.
GFI’s revenue rose 2.13% during the quarter, while net income inched up to $4.29 billion. The liabilities of Gold Fields Limited were 3.0 billion at the end of its most recent quarter, and its total debt was $1.47 billion.
Technical Picture
This quick technical analysis looks at Gold Fields Limited’s (GFI) price momentum. With a historical volatility rate of 49.91%, the RSI 9-day stood at 12.96% on 17 August.
With respect to its five-day moving average, the current Gold Fields Limited price is down by -13.48% percent or -$1.78. At present, GFI shares trade -26.75% below its 20-day simple moving average and -10.78% percent below its 100-day simple moving average. However, the stock is currently trading approximately -26.98% below its SMA50 and +39.78% above its SMA200.
Stochastic coefficient K was 3.43% and Stochastic coefficient D was 5.28%, while ATR was 0.51. Given the Stochastic reading of 4.64% for the 14-day period, the RSI (14) reading has been calculated as 21.11%. As of today, the MACD Oscillator reading stands at -0.55, while the 14-day reading stands at -0.87.
Analyst Ratings
Gold Fields Limited downgraded its rating on Gold Fields Limited (NYSE: GFI) to an Underweight in a note to investors on May 05, 2023. The analysts firm previously had a Neutral rating on the stock.Gold Fields Limited (GFI) has been rated Hold by analysts. According to 1 brokerage firm, GFI is a sell, and 6 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Gold Fields Limited stock as buy, with 2 recommending it as overweight.
With a median target price of $14.56, the current consensus forecast for the stock is $12.82 – $18.00. Based on these forecasts, analysts predict Gold Fields Limited (GFI) will achieve an average price target of $14.70.
