Gold Fields Ltd ADR (NYSE: GFI)’s stock price has dropped by -4.26 in relation to previous closing price of 16.56. Nevertheless, the company has seen a loss of -1.95% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-29 that The Zacks Mining – Gold industry’s near-term prospects are bright, as gold prices are expected to gain. One can watch stocks like AEM, GFI, AU and HMY, backed by their growth prospects.
Is It Worth Investing in Gold Fields Ltd ADR (NYSE: GFI) Right Now?
Gold Fields Ltd ADR (NYSE: GFI) has a higher price-to-earnings ratio of 20.41x compared to its average ratio. GFI has 36-month beta value of 1.25. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 2 as “sell.”
The public float for GFI is 895.01M, and currently, short sellers hold a 1.78% ratio of that float. The average trading volume of GFI on May 07, 2024 was 4.12M shares.
GFI’s Market Performance
GFI stock saw a decrease of -1.95% in the past week, with a monthly decline of -8.88% and a quarterly a decrease of 11.26%. The volatility ratio for the week is 3.33%, and the volatility levels for the last 30 days are 3.26% for Gold Fields Ltd ADR (GFI). The simple moving average for the past 20 days is -8.13% for GFI’s stock, with a 12.98% simple moving average for the past 200 days.
Analysts’ Opinion of GFI
BMO Capital Markets, on the other hand, stated in their research note that they expect to see GFI reach a price target of $12, previously predicting the price at $14. The rating they have provided for GFI stocks is “Underperform” according to the report published on February 02nd, 2024.
GFI Trading at -0.48% from the 50-Day Moving Average
After a stumble in the market that brought GFI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.40% of loss for the given period.
Volatility was left at 3.26%, however, over the last 30 days, the volatility rate increased by 3.33%, as shares sank -11.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.85% upper at present.
During the last 5 trading sessions, GFI fell by -1.55%, which changed the moving average for the period of 200-days by +1.99% in comparison to the 20-day moving average, which settled at $17.15. In addition, Gold Fields Ltd ADR saw 9.65% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GFI
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.39 for the gross margin
The net margin for Gold Fields Ltd ADR stands at 0.15. The total capital return value is set at 0.36. Equity return is now at value 16.71, with 9.32 for asset returns.
Based on Gold Fields Ltd ADR (GFI), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 2.21. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 15.26.
Currently, EBITDA for the company is 2.21 billion with net debt to EBITDA at 0.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.96. The receivables turnover for the company is 39.46for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
Conclusion
To put it simply, Gold Fields Ltd ADR (GFI) has had a mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
