In yesterday’s Wall Street session, Gold Fields Limited (NYSE:GFI) shares traded at $11.42, down -10.29% from the previous session.
10 analysts cover Gold Fields Limited (NYSE:GFI), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $18.00 and a low of $12.82, we find $14.56. Given the previous closing price of $12.73, this indicates a potential upside of 14.38 percent. GFI stock price is now -20.58% away from the 50-day moving average and -10.18% away from the 200-day moving average. The market capitalization of the company currently stands at $10.08B.
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The stock has received a hold rating from 6 analysts and a buy rating from 2. Brokers who have rated the stock have averaged $14.70 as their price target over the next twelve months.
There have been several recent changes in the stakes of large investors in GFI stock. A new stake in Gold Fields Limited shares was purchased by BALYASNY ASSET MANAGEMENT L.P. during the first quarter worth $26,229,000. MAN GROUP PLC invested $19,622,000 in shares of GFI during the first quarter. In the first quarter, MILLENNIUM MANAGEMENT LLC acquired a new stake in Gold Fields Limited valued at approximately $14,930,000. HRT FINANCIAL LP acquired a new stake in GFI for approximately $9,329,000. QUBE RESEARCH & TECHNOLOGIES LTD purchased a new stake in GFI valued at around $7,759,000 in the second quarter. In total, there are 345 active investors with 34.10% ownership of the company’s stock.
On Thursday morning Gold Fields Limited (NYSE: GFI) stock kicked off with the opening price of $11.52. During the past 12 months, Gold Fields Limited has had a low of $7.03 and a high of $17.78. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 2.30, and a quick ratio of 2.30. According to the stock market information, the enterprise value for the company is $12.14B, which is based on a 14.36 price-to-earnings ratio, a 1.18 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for GFI is $14.29 and a two-hundred day moving average price translates $12.73 for the stock.
The latest earnings results from Gold Fields Limited (NYSE: GFI) was released for Dec, 2022. The net profit margin was 16.60% and return on equity was 17.40% for GFI.
Moreover, the firm recently paid out its quarterly dividend on 03/30/2023. Investors who held shares on 03/17/2023 were paid a $0.242542 dividend. On an annualized basis, this represents a $0.41 dividend and a 3.58% percent yield. There was an ex-dividend date of 03/16/2023 for this dividend. In terms of dividend payout ratio, GFI is presently at 21.10%.
Gold Fields Limited(GFI) Company Profile
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in nine operating mines, as well as gold mineral reserves and mineral resources. The company was founded in 1887 and is based in Sandton, South Africa.
