Sibanye Stillwater Limited ADR (NYSE:SBSW) finished Thursday with an addition of $0.08 to close at $6.24, an upside of 1.30 percent. An average of 3,293,900 shares of common stock have been traded in the last five days. There was a fall of -$0.32 in the past week, and it reached a new high 16 times over the past 12 months. The last 20 days have seen an average of 4,572,690 shares traded, while the 50-day average volume stands at 4,438,706.
SBSW stock has decreased by -6.31% in the last month. The company shares reached their 1-month lowest point of $5.45 on 09/08/23. With the stock rallying to its 52-week high on 01/13/23, shares of the company touched a low of $5.45 and a high of $12.44 in 52 weeks. It has reached a new high 8 times so far this year and lost -41.46% or -$4.42 in price. In spite of this, the price is down -49.83% from the 52-week high.
Valuation Metrics
Sibanye Stillwater Limited ADR (SBSW) has a trailing price-to-earnings (P/E) ratio of 5.69. The stock’s beta is 1.53. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.61, the price-to-book (PB) ratio at 0.86, and the price-to-cash flow ratio at 23.57.
The company has a payout ratio of 29.02%. The company’s most recent quarterly dividend payment was $0.1102 a share, representing a down of -59.19% from $0.27 last year. Its latest decrease dividend $0.1598 reported on Wednesday September 6 2023.
Financial Health
The quick ratio of Sibanye Stillwater Limited ADR for the three months ended June 29 was 1.72, and the current ratio was 3.14, 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 0.27 for the quarter ending June 29. Sibanye Stillwater Limited ADR’s EBITDA margin for the year ending June 29 is 29.70%, while its operating margin for the same period stands at 17.97%. 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 ADR’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 ADR (SBSW) price momentum. RSI 9-day as of the close on 28 September was 45.53%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.60%.
As of today, SBSW’s price is $6.33 -4.88% or -$0.32 from its 5-day moving average. SBSW is currently trading -3.26% lower than its 20-day SMA and -35.07% lower than its 100-day SMA. However, the stock’s current price level is -15.56% below the SMA50 and -43.27% below the SMA200.
The stochastic %K and %D were 48.36% and 55.50%, respectively, and the average true range (ATR) was 0.24. With the 14-day stochastic at 46.04% and the average true range at 0.25, the RSI (14) stands at 46.70%. The stock has reached -0.27 on the 9-day MACD Oscillator while the 14-day reading was at -0.13.
Analyst Ratings
BofA Securities downgraded Sibanye Stillwater Limited ADR (NYSE: SBSW) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Sibanye Stillwater Limited ADR (SBSW) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell SBSW, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 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 $4.16 and $13.41, with a median target of $8.51. Taking a look at these predictions, the average price target given by analysts for Sibanye Stillwater Limited ADR (SBSW) stock is $8.43.
