As of Wednesday close, Sibanye Stillwater Limited’s (NYSE:SBSW) stock was up $0.09, moving up 1.34 percent to $6.83. The average number of shares traded per day over the past five days has been 4,373,480 shares. 4 times new highs have been achieved over the past 5 days, with a $0.88 gain in that time frame. In the last twenty days, the average volume was 5,189,395, while in the previous 50 days, it was 4,447,684.
Since last month, SBSW stock rose 9.28%. Shares of the company fell to $5.45 on 09/08/23, the lowest level in the past month. A 52-week high of $12.44 was reached on 01/13/23 after having rallying from a 52-week low of $5.45. Since the beginning of this year, SBSW’s stock price has dropped by -35.93% or -$3.83, and marked a new high 8 times. However, the stock has declined by -45.09% since its 52-week high.
Valuation Metrics
Right now, Sibanye Stillwater Limited (SBSW) has a P/E ratio of about 5.00. The stock’s beta is 1.55. Besides these, the trailing price-to-sales (P/S) ratio of 0.67, the price-to-book (PB) ratio of 1.04.
The latest dividend of $0.1102 per share was paid out, which is -59.19% less than last year’s $0.27. On Wednesday September 6 2023, a $0.1598 dividend decrease was announced.
Financial Health
In the three months ended June 29, Sibanye Stillwater Limited’s quick ratio stood at 1.70, while its current ratio was 3.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.26, and the total debt-to-equity ratio was 0.26. On the profitability front, the trailing twelve-month gross margin is 25.20% percent. In the year ended June 29, EBITDA margin amounted to 29.70%, whereas operating margins totaled 24.70%. Based on annual data, SBSW earned $2.25 billion in gross profit and brought in $8.48 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 22.40%. Return on equity (ROE) for the past 12 months was 21.90%.
SBSW’s revenue fell -24.52% during the quarter, while net income inched up to $9.67 billion. While analysts expected Sibanye Stillwater Limited to report $0.32 quarterly earnings, the actual figure was $1.04 per share, beating the consensus estimate by 225.00%. The liabilities of Sibanye Stillwater Limited were 4.26 billion at the end of its most recent quarter ended June 29, and its total debt was $25.95 billion.
Technical Picture
This quick technical analysis looks at Sibanye Stillwater Limited’s (SBSW) price momentum. With a historical volatility rate of 35.30%, the RSI 9-day stood at 69.24% on 20 September.
With respect to its five-day moving average, the current Sibanye Stillwater Limited price is up by +14.79% percent or $0.88. At present, SBSW shares trade +7.22% above its 20-day simple moving average and -22.12% percent below its 100-day simple moving average. However, the stock is currently trading approximately +5.24% above its SMA50 and -38.25% below its SMA200.
Stochastic coefficient K was 92.45% and Stochastic coefficient D was 85.16%, while ATR was 0.26. Given the Stochastic reading of 89.58% for the 14-day period, the RSI (14) reading has been calculated as 60.70%. As of today, the MACD Oscillator reading stands at 0.49, while the 14-day reading stands at 0.66.
Analyst Ratings
Sibanye Stillwater Limited downgraded its rating on Sibanye Stillwater Limited (NYSE: SBSW) to a Neutral in a note to investors on August 30, 2023. The analysts firm previously had a Buy rating on the stock.Sibanye Stillwater Limited (SBSW) has been rated Overweight by analysts. According to 2 brokerage firms, SBSW is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Sibanye Stillwater Limited stock as buy, with 5 recommending it as overweight.
With a median target price of $8.51, the current consensus forecast for the stock is $4.16 – $13.41. Based on these forecasts, analysts predict Sibanye Stillwater Limited (SBSW) will achieve an average price target of $8.63.
