Sibanye Stillwater Limited (NYSE:SBSW) finished Thursday with an addition of $0.02 to close at $6.88, an upside of 0.29 percent. An average of 4,206,280 shares of common stock have been traded in the last five days. There was a gain of $0.70 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 4,647,220 shares traded, while the 50-day average volume stands at 4,082,902.
SBSW stock has decreased by -6.90% in the last month. The company shares reached their 1-month lowest point of $6.07 on 08/18/23. With the stock rallying to its 52-week high on 01/13/23, shares of the company touched a low of $5.96 and a high of $12.44 in 52 weeks. It has reached a new high 8 times so far this year and lost -35.46% or -$3.78 in price. In spite of this, the price is down -44.69% from the 52-week high.
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Valuation Metrics
Sibanye Stillwater Limited (SBSW) has a trailing price-to-earnings (P/E) ratio of 5.04. The stock’s beta is 1.55. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.65, the price-to-book (PB) ratio at 1.05.
The company’s most recent quarterly dividend payment was $0.27 a share, representing a down of -16.82% from $0.3246 last year. Its latest decrease dividend $0.0546 reported on Tuesday February 28 2023.
Financial Health
The quick ratio of Sibanye Stillwater Limited for the three months ended June 29 was 1.70, and the current ratio was 3.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.26 and a total debt to equity ratio of 0.26 for the quarter ending June 29. Sibanye Stillwater Limited’s EBITDA margin for the year ending June 29 is 29.70%, while its operating margin for the same period stands at 24.70%. Its gross profit as reported stood at $2.25 billion compared to revenue of $8.48 billion.
Earnings Surprise
The company posted a net income of $1.29 billion in the quarter, while revenues were shrunk -79.68%. The analyst consensus anticipated Sibanye Stillwater Limited’s latest quarter earnings to come in at $0.32 per share, but it turned out to be $1.04, a 225.00% surprise.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Sibanye Stillwater Limited (SBSW) price momentum. RSI 9-day as of the close on 24 August was 60.49%, suggesting the stock is Neutral, with historical volatility in this time frame at 53.45%.
As of today, SBSW’s price is $6.52 +11.33% or $0.70 from its 5-day moving average. SBSW is currently trading -4.71% lower than its 20-day SMA and -17.31% lower than its 100-day SMA. However, the stock’s current price level is -6.27% below the SMA50 and -28.33% below the SMA200.
The stochastic %K and %D were 70.40% and 47.11%, respectively, and the average true range (ATR) was 0.24. With the 14-day stochastic at 88.04% and the average true range at 0.25, the RSI (14) stands at 54.35%. The stock has reached 0.30 on the 9-day MACD Oscillator while the 14-day reading was at 0.19.
Analyst Ratings
RBC Capital Mkts upgraded Sibanye Stillwater Limited (NYSE: SBSW) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Sector perform. The consensus rating for Sibanye Stillwater Limited (SBSW) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell SBSW, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 6 others rate it as a “buy”.
What is SBSW’s price target for the next 12 months?
Analysts predict a range of price targets between $5.93 and $15.54, with a median target of $8.55. Taking a look at these predictions, the average price target given by analysts for Sibanye Stillwater Limited (SBSW) stock is $9.31.
