Sibanye Stillwater Limited (SBSW): Why You Should Keep An Eye On It

The stock of Sibanye Stillwater Limited (NYSE:SBSW) increased by $0.08 on Monday to $6.97, up 1.09 percent. The last five days have seen an average of 3,740,246 shares of common stock traded. 8 times new highs were reached in the current year, with a fall of -$3.69. The average number of shares traded over the last 20 days was 4,416,162, while the average volume over the last 50 days totaled 4,056,552.

SBSW stock dropped -7.01% since last month. On 08/18/23, the company’s shares reached a one-month low of $6.07. The stock touched a high of $12.44 on 01/13/23, after rallying from a low of $5.96 in 52 weeks. The price of SBSW stock has declined by -34.66% or -$3.69 this year, reaching a new high 8 times. Still, the stock price is down -44.00% from the 52-week high.

Valuation Metrics

Sibanye Stillwater Limited (SBSW) has a trailing price-to-earnings (P/E) ratio of 5.04. Beta for the stock is 1.55. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.65, the price-to-book (PB) ratio of 1.05.

Company paid $0.27 per share in dividends, a decrease of -16.82% from $0.3246 last year. A $0.0546 dividend decrease was reported on Tuesday February 28 2023.

Financial Health

For the three months ended June 29, Sibanye Stillwater Limited’s quick ratio was 1.70, while its current ratio was 3.00, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.26, and the total debt to equity ratio is 0.26. As far as profitability goes, gross margin for the trailing twelve months is 25.20% percent. Sibanye Stillwater Limited’s EBITDA margin for the year ended June 29 was 29.70%, whereas its operating margin stood at 24.70% for the same period. Based on annual data, it had gross profit of $2.25 billion and revenue of $8.48 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. SBSW’s return on assets (ROA) during the last 12 months has been 11.80%. There was a 22.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 21.90%.

Earnings Surprise

According to Sibanye Stillwater Limited’s quarterly financial report for the quarter that ended June 29. Net income for the quarter came in at $9.67 billion, while revenues fell by -24.52% to $0.0. It was predicted that Sibanye Stillwater Limited’s quarterly earnings would be $1.04, but it ended up being $0.32, beating the consensus by 225.00%. At the end of Sibanye Stillwater Limited’s most recent quarter ended June 29, its liabilities totaled 4.64 billion, while its total debt was $23.05 billion.

Technical Picture

Here’s a quick look at Sibanye Stillwater Limited’s (SBSW) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 63.29%, suggesting the stock is Neutral, with a 36.67% historical volatility rate.

The stochastic %K and %D were 89.52% and 82.60% respectively, while the average true range (ATR) was 0.23. Based on the 14-day stochastic reading of 94.21%, the RSI (14) reading is 56.31%. On the 9-day MACD Oscillator, the stock is at 0.37, and the 14-day reading is at 0.36.

Analyst Ratings

In its most recent analyst report, RBC Capital Mkts raised its rating on Sibanye Stillwater Limited (NYSE: SBSW) to an Outperform. Prior to this, analysts firm rated the stock as a Sector perform. Analysts have assigned Sibanye Stillwater Limited (SBSW) an Overweight rating. SBSW is a stock that is recommended for selling by 2 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 6 others recommend it as a buy.

What is SBSW’s price target for the next 12 months?

The current consensus forecast for the stock is between $5.93 and $15.54, with a median target price of $8.55. In analyzing these forecasts, the average price target given by analysts for Sibanye Stillwater Limited (SBSW) is $9.31.

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