Gold Fields Limited [GFI] is 4.64% higher this YTD. Is it still time to buy?

Gold Fields Limited [NYSE: GFI] gained 1.15% on the last trading session, reaching $9.70 price per share at the time. The company report on February 25, 2021 that Gold Fields Welcomes NERSA Approval Of South Deep Solar Plant.

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Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) welcomes the electricity generation licence approved by the National Energy Regulator of South Africa (NERSA) for the construction of a 40MW solar power plant at its South Deep mine.

The acting CEO of NERSA now has to authorise the license, a decision that should be forthcoming over the next two weeks. All the regulatory approvals to proceed with the project are then in place.

Gold Fields Limited represents 873.85 million in outstanding shares, while the company has a total market value of $8.81 billion with the latest information. GFI stock price has been found in the range of $9.26 to $9.82.

If compared to the average trading volume of 6.52M shares, GFI reached a trading volume of 8561597 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Gold Fields Limited [GFI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GFI shares is $13.04 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GFI stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Gold Fields Limited shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 12, 2021. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price to Sector Perform. The new note on the price target was released on September 15, 2020, representing the official price target for Gold Fields Limited stock.

The Average True Range (ATR) for Gold Fields Limited is set at 0.43, with the Price to Sales ratio for GFI stock in the period of the last 12 months amounting to 2.26. The Price to Book ratio for the last quarter was 2.99, with the Price to Cash per share for the same quarter was set at 1.04. Price to Free Cash Flow for GFI in the course of the last twelve months was 11.58.

Trading performance analysis for GFI stock

Gold Fields Limited [GFI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.08. With this latest performance, GFI shares gained by 7.18% in over the last four-week period, additionally sinking by -33.01% over the last 6 months – not to mention a rise of 71.99% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GFI stock in for the last two-week period is set at 58.38, with the RSI for the last a single of trading hit 63.39, and the three-weeks RSI is set at 55.14 for Gold Fields Limited [GFI]. The present Moving Average for the last 50 days of trading for this stock 9.25, while it was recorded at 9.52 for the last single week of trading, and 10.53 for the last 200 days.

Gold Fields Limited [GFI]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Gold Fields Limited [GFI] shares currently have an operating margin of +24.25 and a Gross Margin at +27.77. Gold Fields Limited’s Net Margin is presently recorded at +5.45.

Return on Total Capital for GFI is now 14.82, given the latest momentum, and Return on Invested Capital for the company is 3.73. Return on Equity for this stock inclined to 6.14, with Return on Assets sitting at 2.60. When it comes to the capital structure of this company, Gold Fields Limited [GFI] has a Total Debt to Total Equity ratio set at 78.46. Additionally, GFI Total Debt to Total Capital is recorded at 43.96, with Total Debt to Total Assets ending up at 33.21. Long-Term Debt to Equity for the company is recorded at 52.16, with the Long-Term Debt to Total Capital now at 29.23.

Reflecting on the efficiency of the workforce at the company, Gold Fields Limited [GFI] managed to generate an average of $412,904 per employee. Receivables Turnover for the company is 29.53 with a Total Asset Turnover recorded at a value of 0.48.Gold Fields Limited’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.90.

An analysis of insider ownership at Gold Fields Limited [GFI]

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Positions in Gold Fields Limited stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 95 institutional holders increased their position in Gold Fields Limited [NYSE:GFI] by around 28,209,941 shares. Additionally, 94 investors decreased positions by around 40,394,995 shares, while 28 investors held positions by with 233,734,311 shares. The mentioned changes placed institutional holdings at 302,339,247 shares, according to the latest SEC report filing. GFI stock had 27 new institutional investments in for a total of 3,331,117 shares, while 34 institutional investors sold positions of 5,356,403 shares during the same period.

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