The stock of Gold Fields Limited (NYSE:GFI) increased by $0.33 on Monday to finish at $12.70, up 2.67 percent. The last five days have seen an average of 3,679,000 shares of common stock traded. 19 times new highs were reached in the current year, with a gain of $2.35. The average number of shares traded over the last 20 days was 4,252,035, while the average volume over the last 50 days totaled 4,803,540.
GFI stock dropped -17.21% since last month. On 08/17/23, the company’s shares reached a one-month low of $11.21. The stock touched a high of $17.78 on 05/04/23, after rallying from a low of $7.03 in 52 weeks. The price of GFI stock has risen by 22.71% or $2.35 this year, reaching a new high 19 times. Still, the stock price is down -28.58% from the 52-week high.
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Valuation Metrics
Gold Fields Limited (GFI) has a trailing price-to-earnings (P/E) ratio of 17.23. Beta for the stock is 0.98. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.70, the price-to-book (PB) ratio of 2.65, and the price-to-cash flow ratio of 74.74.
Company paid $0.1711 per share in dividends, a decrease of -29.44% from $0.2425 last year. A $0.0715 dividend decrease was reported on Tuesday August 22 2023.
Financial Health
For the recent quarter, Gold Fields Limited’s quick ratio was 1.10, while its current ratio was 1.10, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.25, and the total debt to equity ratio is 0.45. As far as profitability goes, gross margin for the trailing twelve months is 38.20% percent. Gold Fields Limited’s EBITDA margin for the recent year was 52.59%, whereas its operating margin stood at 32.60% for the same period. Based on annual data, it had gross profit of $1.68 billion and revenue of $4.29 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. GFI’s return on assets (ROA) during the last 12 months has been 8.80%. There was a 17.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 15.80%.
Earnings Surprise
Net income for the quarter came in at $4.29 billion, while revenues rose by 2.13% to $0.0. At the end of Gold Fields Limited’s most recent quarter, its liabilities totaled 3.0 billion, while its total debt was $1.68 billion.
Technical Picture
Here’s a quick look at Gold Fields Limited’s (GFI) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 50.08%, suggesting the stock is Neutral, with a 65.79% historical volatility rate.
The stochastic %K and %D were 59.50% and 52.29% respectively, while the average true range (ATR) was 0.44. Based on the 14-day stochastic reading of 68.02%, the RSI (14) reading is 44.57%. On the 9-day MACD Oscillator, the stock is at 0.43, and the 14-day reading is at 0.07.
Analyst Ratings
Gold Fields Limited (NYSE: GFI) was downgraded by JP Morgan to a an Underweight rating in its latest research report. The stock was previously rated as a a Neutral. Analysts have assigned Gold Fields Limited (GFI) an Hold rating. GFI is a stock that is recommended for selling by 1 brokerage firm, while 6 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is GFI’s price target for the next 12 months?
The current consensus forecast for the stock is between $12.98 and $18.00, with a median target price of $13.91. In analyzing these forecasts, the average price target given by analysts for Gold Fields Limited (GFI) is $14.43.
