Gold Fields Limited (NYSE:GFI) traded at $12.11 at last check on Tuesday, January 24, made a downward move of -0.90% on its previous day’s price.
Looking at the stock we see that its previous close was $12.22 and the beta (5Y monthly) reads 0.32 with the day’s price range being $12.005 – $12.30. The company has a trailing 12-month PE ratio of 12.03. In terms of its 52-week price range, GFI has a high of $17.20 and a low of $7.03. The company’s stock has gained about 17.39% over that past 30 days.
Gold Fields Limited has a market cap of $10.73 billion. With its Forward Dividend at 0.34 and a yield of 2.79%, the company’s investors could be anxious for the GFI stock to gain ahead of the earnings release.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. 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 50% Buy.
Based on estimates by 10 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the Gold Fields Limited (GFI) stock as a Hold, while 4 rate it as a Buy. 0 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 0 suggest 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 1.42, and the most recent price level today is 4.83% off its SMA20 and 8.65% from its 50-day simple moving average. The RSI (14) is pointing at 60.49 while the volatility over the past week is 2.79% and jumps to 3.18% over the past one month. The beta value is 0.83, while the average true range (ATR) is currently pointing at 0.43. The average price target for the stock over the next 12 months is $12.82, with the estimates having a low of $8.35 and a high of $15.39. These price ends are 31.05% and -27.09% off the today’s price level respectively, although investors could be excited at the prospect of a -9.33% if the GFI share price touches on the median price of $13.24.
Let’s briefly compare Gold Fields Limited (GFI) stock to its peers. We find that today’s price change of -0.90% and 11.90% over the past 12 months for GFI competes that of Compania de Minas Buenaventura S.A.A. (BVN), which has seen its stock price rise 1.09% in the latest trading session and is -6.55% over the last one year. Another of its peers Kellogg Company (K) has dropped -0.09% today, and was 1.75% up over the past year, while Agnico Eagle Mines Limited (AEM) is also up 0.67% yet, while its price remains in the green at 7.68% over the same period. Gold Fields Limited has a P/E ratio of 12.03 compared to Compania de Minas Buenaventura S.A.A.’s 9.74 and Kellogg Company’s 15.50. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.40% and -0.23%, respectively, in early deals.
Coming back to Gold Fields Limited (NYSE:GFI), we note that the average 3-month trading volume was 10.18 million, while that of the preceding 10-day period stands at 4.49 million. Current shares outstanding are 890.64 million.
The institutions hold 34.10%. The data shows that short shares as of Oct 13, 2022, stood at 56.37 million at a short ratio of 5.59. This represents a 6.33% short interest in shares outstanding on Oct 13, 2022. Shares short rose in October from the previous month at 47.46 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 18.07% up in year-to-date price movement.