Gold Fields Limited (NYSE:GFI)’s traded shares stood at 2,352,075 during the last session, with the company’s beta value hitting 0.66. At the close of trading, the stock’s price was $9.68, to imply an increase of 1.63% or $0.16 in intraday trading. The GFI share’s 52-week high remains $14.9, putting it -53.93% down since that peak but still an impressive +60.85% since price per share fell to its 52-week low of $3.79. The company has a valuation of $8.47 Billion, with an average of 6.07 Million shares in intraday trading volume over the past 10 days and average of 5.87 Million shares over the past 3 months.
Analysts have given a consensus recommendation of Overweight for Gold Fields Limited (GFI), translating to a mean rating of 2.2. Of 12 analyst(s) looking at the stock, 1 analyst(s) give GFI a Sell rating. None of those analysts rate the stock as Overweight while 6 advise Hold as 5 recommend it as a Buy. None analyst(s) have given it an Underweight rating. Estimates put the company’s earnings per share at $0.
Gold Fields Limited (NYSE:GFI) trade information
After registering a 1.63% upside on the day, Gold Fields Limited (GFI) has traded red over the past five days. The stock hit a weekly high of $10.52- this Monday, Nov 16, jumping 8.17% in its intraday price action. The 5-day price performance for the stock is -9.13%, and -21.59% over 30 days. Despite these dips, the year-to-date price performance is 46.36%. Short interest in Gold Fields Limited (NYSE:GFI) saw shorts transact 6.67 Million shares and set a 1.14 days time to cover.
Analysts on Wall Street suggest a consensus price target of $13.95, implying an increase of 44.11% to the stock’s current value. The extremes give us $9.92 and $16.33 for target low and target high price respectively. As such, GFI is trading +68.7% off suggested target high and 2.48% from its likely low.
Gold Fields Limited (GFI) estimates and forecasts
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 49.7% for the past 5-year period. While 2020 is set for a 146.1% return in earnings, projections for the next 5 years are at 0% annually.
Despite the year witnessing an increase in the company’s overall debt, investors are exuding optimism of an improved dividend yield. Gold Fields Limited has a forward dividend ratio of 0.19, with the share yield ticking at 2.01% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 1.33%.
Gold Fields Limited (NYSE:GFI)’s Major holders
Gold Fields Limited insiders hold 0% of total outstanding shares, with institutional holders owning 39.96% of the shares at 39.96% float percentage. In total, 307 institutions holds shares in the company, led by Van Eck Associates Corporation. As of Sep 29 this year, the company held over 91.68 Million shares (or 10.38% of shares), all amounting to roughly $1.13 Billion.
The next major institution holding the largest number of shares is Blackrock Inc. with 25.51 Million shares, or about 2.89% of shares outstanding. As of the market price on 44103, these shares were worth $313.5 Million.
We also have VanEck Vectors ETF Tr-Gold Miners ETF and VanEck Vectors ETF Tr-Junior Gold Miners ETF as the top two Mutual Funds with the largest holdings of the Gold Fields Limited (GFI) shares. Going by data provided on 44134, VanEck Vectors ETF Tr-Gold Miners ETF holds roughly 50,563,881 shares. This is just over 5.72% of the total shares, with a market valuation of $552.66 Million. Data from the same date shows that the other fund manager holds a little less at 35.53 Million, or 4.02% of the shares, all valued at about $388.39 Million.