304 institutions hold shares in Gold Fields Limited (GFI), with institutional investors hold 38.60% of the company’s shares. The shares outstanding are 873.85M, and float is at 861.68M with Short Float at 0.69%. Institutions hold 38.60% of the Float.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 92.96 million shares valued at $861.76 million. The investor’s holdings represent 10.52% of the GFI Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 26.37 million shares valued at $244.46 million to account for 2.98% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 22.01 million shares representing 2.49% and valued at over $270.53 million, while Schroder Investment Management Group holds 1.65% of the shares totaling 14.59 million with a market value of $179.28 million.
Gold Fields Limited (NYSE: GFI) is -8.95% lower on its value in year-to-date trading and has touched a low of $3.79 and a high of $14.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GFI stock was last observed hovering at around $8.67 in the last trading session, with the day’s loss setting it -0.23% off its average median price target of $12.75 for the next 12 months. It is also 47.25% off the consensus price target high of $16.00 offered by 13 analysts, but current levels are 20.97% higher than the price target low of $10.68 for the same period.
Currently trading at $8.44, the stock is -9.94% and -9.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.21 million and changing -2.65% at the moment leaves the stock -19.07% off its SMA200. GFI registered 21.09% gain for a year compared to 6-month loss of -30.82%. The firm has a 50-day simple moving average (SMA 50) of $9.39 and a 200-day simple moving average (SMA200) of $10.89.
The stock witnessed a -9.83% gain in the last 1 month and extending the period to 3 months gives it a -16.10%, and is -10.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.78% over the week and 3.62% over the month.
Gold Fields Limited (GFI) has around 5655 employees, a market worth around $7.59B and $3.89B in sales. Current P/E ratio is 10.26 and Fwd P/E is 7.43. Profit margin for the company is 4.20%. Distance from 52-week low is 122.69% and -43.36% from its 52-week high. The company has generated returns on investments over the last 12 months (15.40%).
Gold Fields Limited (GFI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Gold Fields Limited (GFI) is a “Overweight”. 13 analysts offering their recommendations for the stock have an average rating of 2.60, where 6 rate it as a Hold and 1 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Gold Fields Limited is expected to release its quarterly report on 05/06/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 146.10% this year.
Gold Fields Limited (GFI): Who are the competitors?
The company’s main competitors (and peers) include Compania de Minas Buenaventura S.A.A. (BVN) that is trading -13.48% down over the past 12 months. Agnico Eagle Mines Limited (AEM) is 16.35% up on the 1-year trading charts. Short interest in the company’s stock has risen 23.65% from the last report on Dec 30, 2020 to stand at a total of 4.52 million short shares sold with a short interest ratio of 0.92.