Gold Fields Limited (NYSE:GFI) saw an upside of 1.05% to close Monday at $11.58 after adding $0.12 on the day. The 5-day average trading volume is 4,420,180 shares of the company’s common stock. It has gained $13.14 in the past week and touched a new high 1 time within the past 5 days. An average of 4,462,495 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,973,266.
GFI’s 1-month performance is -25.82% or -$4.03 on its low of $11.21 reached on 08/17/23. The company’s shares have touched a 52-week low of $7.03 and high of $17.78, with the stock’s rally to the 52-week high happening on 05/04/23. YTD, GFI has achieved 11.88% or $1.23 and has reached a new high 19 times. However, the current price is down -34.88% from the 52-week high price.
Valuation Metrics
GFI stock has a beta of 1.01. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.37 while the price-to-book (PB) in the most recent quarter is 2.42, with the price to cash flow ratio at 65.54.
Gold Fields Limited’s quick ratio for the recent period was 1.10, with the current ratio over the same period at 1.10. In terms of profitability, the gross margin trailing 12 months is 38.20%. The trailing 12-month EBITDA margin is 52.59%. The firm’s gross profit as reported stood at $1.68 billion against revenue of $4.29 billion.
Earnings Surprise
Net income shrunk -11.01% to $711.0 million, while revenue of $0.0 was 100.0% off the previous quarter. GFI stock balance sheet for the recent quarter shows that total liabilities totaled 3.0 billion, with total debt at $1.68 billion.
Let’s look briefly at Gold Fields Limited (GFI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 18.44% to suggest the stock is trending oversold, with historical volatility in this time period at 52.80%.
The stock’s 5-day moving average is $12.02, reflecting a -11.26% or -$1.47 change from its current price. GFI is currently trading -24.12% above its 20-day SMA, -13.45% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -26.01% and SMA200 by+43.85%.
Stochastic %K and %D was 8.67% and 5.38% and the average true range (ATR) pointed at 0.47. The RSI (14) points at 24.33%, while the 14-day stochastic is at 14.20% with the period’s ATR at 0.47. The stock’s 9-day MACD Oscillator is pointing at -1.02 and -1.30 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Gold Fields Limited (NYSE: GFI), JP Morgan downgraded it to an Underweight rating. They previously had a Neutral rating on the stock. Analysts offering their rating for GFI stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate GFI as a “sell,”, while 6 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is GFI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $13.35 and a high of $18.00, with their median price target at $14.56. Looking at these predictions, the average price target given by analysts is for Gold Fields Limited (GFI) stock is $14.71.
