
Gold Fields Limited (NYSE:GFI – Free Report) – Scotiabank dropped their FY2026 EPS estimates for Gold Fields in a report released on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $4.43 for the year, down from their prior forecast of $4.65. Scotiabank currently has a “Sector Perform” rating and a $52.00 price target on the stock. The consensus estimate for Gold Fields’ current full-year earnings is $4.95 per share.
A number of other research analysts have also commented on the company. Zacks Research upgraded Gold Fields from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 28th. Weiss Ratings downgraded Gold Fields from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Canaccord Genuity Group raised Gold Fields from a “hold” rating to a “buy” rating and upped their price target for the company from $40.25 to $57.25 in a research note on Friday, April 24th. Wall Street Zen cut Gold Fields from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, Royal Bank Of Canada decreased their price target on Gold Fields from $50.00 to $49.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $47.75.
Gold Fields Trading Down 2.7%
GFI stock opened at $32.08 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.33 and a current ratio of 1.79. The company has a 50 day moving average price of $37.34 and a 200 day moving average price of $44.89. Gold Fields has a fifty-two week low of $23.41 and a fifty-two week high of $61.64.
Hedge Funds Weigh In On Gold Fields
Hedge funds and other institutional investors have recently bought and sold shares of the business. Blue Trust Inc. grew its holdings in Gold Fields by 4.5% during the 1st quarter. Blue Trust Inc. now owns 4,957 shares of the company’s stock worth $225,000 after acquiring an additional 215 shares during the period. Manning & Napier Advisors LLC lifted its stake in shares of Gold Fields by 0.3% in the 1st quarter. Manning & Napier Advisors LLC now owns 79,680 shares of the company’s stock valued at $3,617,000 after purchasing an additional 241 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Gold Fields by 1.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,003 shares of the company’s stock valued at $786,000 after purchasing an additional 251 shares during the period. Harbour Capital Advisors LLC boosted its position in shares of Gold Fields by 0.5% in the 4th quarter. Harbour Capital Advisors LLC now owns 50,525 shares of the company’s stock worth $2,201,000 after purchasing an additional 265 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Gold Fields by 3.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,751 shares of the company’s stock worth $338,000 after purchasing an additional 269 shares during the last quarter. 24.81% of the stock is owned by institutional investors.
Gold Fields Company Profile
Gold Fields (NYSE: GFI) is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.
The company’s core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.
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