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Is Sibanye Stillwater Limited (NYSE: SBSW) Still A Good Investment?

Sibanye Stillwater Limited (NYSE:SBSW) traded at $11.06 at last check on Tuesday, January 24, made a downward move of -3.45% on its previous day’s price.

Looking at the stock we see that its previous close was $11.45 and the beta (5Y monthly) reads 1.28 with the day’s price range being $11.29 – $11.545. The company has a trailing 12-month PE ratio of 6.96. In terms of its 52-week price range, SBSW has a high of $20.64 and a low of $8.00. The company’s stock has gained about 10.31% over that past 30 days.

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Sibanye Stillwater Limited has a market cap of $7.92 billion. With its Forward Dividend at 0.82 and a yield of 7.16%, the company’s investors could be anxious for the SBSW stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0, with the EPS growth for the year raised at $0.53 for 2022 and $0.59 for next year. These figures represent -84.50% and 11.30% growth in EPS for the two years respectively.

According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $8.77 billion, or -24.70% down from figures reported last year.

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 SBSW stock, short term indicators assign the stock an average of 50% 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 11 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 6 have rated the Sibanye Stillwater Limited (SBSW) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 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 the current price level is -2.98% off its SMA20 and 1.18% from its 50-day simple moving average. The RSI (14) is pointing at 46.03 while the volatility over the past week is 3.05% and jumps to 2.90% over the past one month. The beta value is 1.56, while the average true range (ATR) is currently pointing at 0.41. The average price target for the stock over the next 12 months is $13.74, with the estimates having a low of $11.36 and a high of $21.90. These price ends are -2.71% and -98.01% off the today’s price level respectively, although investors could be excited at the prospect of a -16.0% if the SBSW share price touches on the median price of $12.83.

Coming back to Sibanye Stillwater Limited (NYSE:SBSW), we note that the average 3-month trading volume was 2.69 million, while that of the preceding 10-day period stands at 2.66 million. Current shares outstanding are 705.48 million.

The institutions hold 8.30%. The data shows that short shares as of Oct 13, 2022, stood at 15.19 million at a short ratio of 4.66. This represents a 2.15% short interest in shares outstanding on Oct 13, 2022. Shares short fall in October from the previous month at 16.48 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 7.41% up in year-to-date price movement.

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