Alert: Positive Investment/Fundamental Signals (7/31/24)-Gold Fields Ltd (NYSE: GFI)

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Gold Fields Ltd (NYSE: GFI). Meaningful positive changes in fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Significant positive changes in investment behavior have recently occurred for Gold Fields Ltd (NYSE: GFI): its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, GFI is expected to continue to be a major Value Builder.

Gold Fields has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gold Fields has a slightly positive Appreciation Score of 69 and a good Power Rating of 82, resulting in the Highest Value Trend Rating.

Recent Price Action

Gold Fields Ltd (NYSE: GFI) stock enjoyed a large increase of 4.2% on 7/31/24. The stock closed at $17.16. Moreover, above average trading volume at 127% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.6% during the last week.

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