Are Gold Fields Ltd ADR (GFI) stocks a prudent buy?

Gold Fields Ltd ADR [GFI] stock is trading at $18.02, up 4.52%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GFI shares have gain 17.01% over the last week, with a monthly amount glided 22.59%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Gold Fields Ltd ADR [NYSE: GFI] stock has seen the most recent analyst activity on October 18, 2024, when Investec upgraded its rating to a Buy. On June 26, 2024, upgrade upgraded it’s rating to Market Perform. UBS downgraded its rating to a Neutral. BMO Capital Markets downgraded its rating to a Underperform and reduced its price target to $12 on February 02, 2024. Morgan Stanley downgraded its rating to Underweight for this stock on October 18, 2023. In a note dated October 12, 2023, JP Morgan upgraded an Neutral rating on this stock but restated the target price of $14.

Gold Fields Ltd ADR [GFI] stock has fluctuated between $12.19 and $18.97 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Gold Fields Ltd ADR [NYSE: GFI] shares were valued at $18.02 at the most recent close of the market. An investor can expect a potential drop of -11.21% based on the average GFI price forecast.

Analyzing the GFI fundamentals

Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.14 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.52 points at the first support level, and at 17.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.34, and for the 2nd resistance point, it is at 18.66.

Ratios To Look Out For

For context, Gold Fields Ltd ADR’s Current Ratio is 1.77. As well, the Quick Ratio is 1.77, while the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 3.68, the price to book ratio is 3.46 and price to earnings (TTM) ratio is 25.88.

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