Gold Fields Limited [GFI] shares are up more than 141.82% this year and recently decreased -0.02% or -$0.24 to settle at $12.77. GFI has a short ratio of 1.64. This implies that the market is currently less bearish on the outlook for GFI.
On 20, August 2020, Gold Fields Limited – Results for the six months ended 30 June 2020. According to news published on Yahoo Finance, JOHANNESBURG, Aug. 20, 2020 /CNW/ — Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) today announced profit attributable to owners of the parent for the six months to 30 June 2020 of US$156m (US$0.18 per share). This compared with profit of US$71m (US$0.09 per share) for the six months to 30 June 2019. Normalised profit of US$323m for the six months to 30 June 2020 compared with profit of US$126m for the six months to 30 June 2019.
Analyst Birdseye View:
The most recent analyst activity for Gold Fields Limited [NYSE:GFI] stock was on June 22, 2020, when it was Upgrade with an Overweight rating from JP Morgan. Before that, on September 15, 2020, RBC Capital Mkts Recapitulated a Sector perform rating and elevated its amount target to $14.50. On April 21, 2020, BofA/Merrill Upgrade a Buy rating. On June 26, 2019, RBC Capital Mkts Downgrade a Sector perform rating. On February 21, 2019, JP Morgan Downgrade a Neutral rating. On January 31, 2019, Morgan Stanley Downgrade an Underweight rating. On August 17, 2018, HSBC Securities Upgrade a Buy rating.
In the past 52 weeks of trading, this stock has oscillated between a low of $3.79 and a peak of $14.90. Right now, according to Wall Street analyst the average 12-month amount target is $14.09. At the most recent market close, shares of Gold Fields Limited [NYSE:GFI] were valued at $12.77. According to the average price forecast, investors can expect a potential return of 0.79%.
Gold Fields Limited [NYSE:GFI] most recently reported quarterly sales of 29.24 billion, which represented growth of 29.90%. This publicly-traded organization’s revenue is $7,581,234 per employee, while its income is $412,904 per employee. This company’s Gross Margin is currently 28.00%, its Operating Margin is 38.60%, its Pretax Margin is +11.70, and its Net Margin is +5.45. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.60, 6.14, 14.82 and 3.73 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 43.96 and the whole liability to whole assets at 33.21. It shows enduring liability to the whole principal at 29.23 and enduring liability to assets at 0.22 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 12.86 points at 1st support level, the second support level is making up to 12.70. But as of 1st resistance point, this stock is sitting at 13.15 and at 13.28 for 2nd resistance point.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Gold Fields Limited [NYSE:GFI] is 0.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.38. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.88, it’s amount to book ratio is 2.05 and showing 45.17 of P/E (TTM) ratio.