Last Updated: 19 Sep 2024
Executive Summary
Gold Fields Ltd ADR (GFI) is a gold producer with a market capitalization of $13.1 billion. The company has a strong financial position with an EBITDA of $1.89 billion and a profit margin of 14.6%. GFI's stock price is currently trading at $14.37, which is below its 52-week high of $18.74. The stock has a trailing PE ratio of 20.24 and a forward PE ratio of 6.88. Analysts have a consensus rating of "Hold" on the stock with a target price of $16.75.
Company Overview
Gold Fields Limited is a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company is headquartered in Sandton, South Africa. Gold Fields is the world's fourth-largest gold producer by market capitalization. The company's mines produce approximately 2.2 million ounces of gold per year.
Fundamental Analysis
Gold Fields has a strong financial position. The company has an EBITDA of $1.89 billion and a profit margin of 14.6%. The company's balance sheet is also strong, with $2.3 billion in cash and equivalents and $1.5 billion in debt.
Gold Fields' revenue and earnings have been growing in recent years. In 2023, the company's revenue increased by 6.3% to $4.36 billion. The company's earnings per share also increased by 14.3% to $0.71.
Technical Analysis
Gold Fields' stock price is currently trading at $14.37, which is below its 52-week high of $18.74. The stock has a trailing PE ratio of 20.24 and a forward PE ratio of 6.88.
The stock's technical indicators are mixed. The stock's 50-day moving average is $15.47, and its 200-day moving average is $15.21. The stock's relative strength index (RSI) is 45.5, which indicates that the stock is neither overbought nor oversold.
Short Term Outlook
The short-term outlook for Gold Fields is mixed. The company's financial position is strong, and its revenue and earnings are growing. However, the stock's technical indicators are mixed. The stock's price is below its 52-week high, and its RSI is neutral.
Long Term Outlook
The long-term outlook for Gold Fields is positive. The company has a strong financial position and a track record of growth. The company's mines are located in some of the world's most prolific gold-producing regions.
Analyst Recommendations
Analysts have a consensus rating of "Hold" on Gold Fields' stock. The average target price is $16.75.
