Gold Fields Limited (NYSE:GFI) traded at $13.59 at last check on Tuesday, Aug 04, making an upward move of 5.27% on its previous day’s price.
Looking at the stock we see that its previous close was $12.91 and the beta (5Y monthly) reads 0.55 with the day’s price range being $12.70 – 13.63. The company has a 12-month trailing PE ratio of 69.69. In terms of its 52-week price range, GFI has a high of $14.12 and a low of $3.79. The company’s stock has gained about 42.01% over that past 30 days.
On the other hand, looking at the outlook for the GFI stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 11 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the Gold Fields Limited (GFI) stock as a Hold, while 6 rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the GFI stock currently stands at 0, and the current price level is 15.48% off its SMA20 and 41.68% from its 50-day simple moving average. The RSI (14) is pointing at 72.59 while the volatility over the past week is 5.23% and drops to 4.45% over the past one month. The beta value is 0.55, while the average true range (ATR) is currently pointing at 0.61. The average price target for the stock over the next 12 months is $10.65, with the estimates having a low of $5.49 and a high of $15.5. These price ends are -59.6% and +14.05% off the current price level respectively, although investors could be excited at the prospect of a -23.84% if the GFI share price touches on the median price of $10.35.
Let’s briefly compare Gold (GFI) stock to its peers. We find that today’s price change of +5.27% and +133.1% over the past 12 months for GFI betters that of Barrick Gold Corp (GOLD), which has seen its stock price rise 3.59% in the latest trading session and is +69.13% over the last one year. Another of its peers Franco Nev Corp (FNV) has climbed 3.4% today, and is +79.67% up over the past year, while Agnico-Eagle Mines Ltd (AEM) is also up 5.27% yet its price remains in the green at 133.1% over the same period. Barrick has a P/E ratio of 12.33 compared to Gold’s 69.69 and Franco’s 170.94. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.36% and 0.62%, respectively, in early deals.
Coming back to Gold Fields Limited (NYSE:GFI), we note that the average 3-month trading volume was 8.33 Million, while that of the preceding 10-day period stands at 11.61 Million. Current shares outstanding are 883.33 Million.
According to data from Thomson Reuters, insiders hold 0% of the company’s shares while institutions hold 52.37%. The data shows that short shares as of July 14, 2020, stood at 7.14 Million at a short ratio of 1.05. This represents a 0.97% Short interest in Shares outstanding on July 14, 2020. Shares short dropped in July from the previous month at 7.35 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +105.91% up in year-to-date price movement.