Gold Fields Ltd (NYSE: GFI) has recently enjoyed extremely important positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
GFI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Gold Fields has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Gold Fields has a slightly negative Appreciation Score of 32 but a good Power Rating of 76, triggering the Neutral Value Trend Rating.
Recent Price Action
Gold Fields Ltd (NYSE: GFI) stock rose modestly by 0.7% on 4/26/24. The stock closed at $17.53. However, trading volume in this advance was below average at 74% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.4% during the last week.
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