Gold Fields Limited [GFI] Stock trading around $11.00 per share: What’s Next?

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Gold Fields Limited [NYSE: GFI] loss -3.00% or -0.34 points to close at $11.00 with a heavy trading volume of 8263121 shares. The company report on December 1, 2021 that Gold Fields Announces 2030 ESG Targets.

Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) published a comprehensive set of 2030 targets for its most material environmental, social and governance (ESG) priorities.


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The targets include a commitment to reduce its Scope 1 and 2 carbon emissions by 30% on a net basis and by 50% on an absolute basis by 2030. As a signatory to the Paris Agreement on climate change, Gold Fields is committed to Net Zero carbon by 2050.

It opened the trading session at $11.76, the shares rose to $11.77 and dropped to $10.985, the range by which the price of stock traded the whole day. The daily chart for GFI points out that the company has recorded -4.01% loss over the past six months. However, it is still -41.94% lower than its most recent low trading price.

If we look at the average trading volume of 5.17M shares, GFI reached to a volume of 8263121 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 $12.30 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.

RBC Capital Mkts have made an estimate for Gold Fields Limited shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 12, 2021. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on February 12, 2021, representing the official price target for Gold Fields Limited stock. Previously, the target price had yet another raise to $14.50, while RBC Capital Mkts analysts kept a Sector Perform rating on GFI stock.

The Average True Range (ATR) for Gold Fields Limited is set at 0.39, with the Price to Sales ratio for GFI stock in the period of the last 12 months amounting to 2.41. The Price to Book ratio for the last quarter was 2.50, with the Price to Cash per share for the same quarter was set at 0.78. Price to Free Cash Flow for GFI in the course of the last twelve months was 9.26.

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 1.10. With this latest performance, GFI shares gained by 18.66% in over the last four-week period, additionally sinking by -4.01% over the last 6 months – not to mention a rise of 15.55% 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 65.33, with the RSI for the last a single of trading hit 63.17, and the three-weeks RSI is set at 64.87 for Gold Fields Limited [GFI]. The present Moving Average for the last 50 days of trading for this stock 9.50, while it was recorded at 10.91 for the last single week of trading, and 9.59 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 +38.31 and a Gross Margin at +43.16. Gold Fields Limited’s Net Margin is presently recorded at +18.58.

Return on Total Capital for GFI is now 31.45, given the latest momentum, and Return on Invested Capital for the company is 17.07. Return on Equity for this stock inclined to 25.69, with Return on Assets sitting at 11.81. When it comes to the capital structure of this company, Gold Fields Limited [GFI] has a Total Debt to Total Equity ratio set at 53.37. Additionally, GFI Total Debt to Total Capital is recorded at 34.80, with Total Debt to Total Assets ending up at 26.17. Long-Term Debt to Equity for the company is recorded at 49.34, with the Long-Term Debt to Total Capital now at 32.17.

Reflecting on the efficiency of the workforce at the company, Gold Fields Limited [GFI] managed to generate an average of $2,110,249 per employee. Receivables Turnover for the company is 38.99 with a Total Asset Turnover recorded at a value of 0.64.Gold Fields Limited’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.00.

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

Positions in Gold Fields Limited stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 77 institutional holders increased their position in Gold Fields Limited [NYSE:GFI] by around 11,139,964 shares. Additionally, 87 investors decreased positions by around 49,594,782 shares, while 31 investors held positions by with 182,329,210 shares. The mentioned changes placed institutional holdings at 243,063,956 shares, according to the latest SEC report filing. GFI stock had 21 new institutional investments in for a total of 893,822 shares, while 29 institutional investors sold positions of 3,472,899 shares during the same period.