FY2027 EPS Estimates for Gold Fields Cut by Scotiabank

Gold Fields Limited (NYSE:GFI) – Analysts at Scotiabank cut their FY2027 earnings per share estimates for shares of Gold Fields in a note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $4.19 for the year, down from their prior estimate of $4.56. Scotiabank currently has a “Sector Perform” rating and a $52.00 price objective on the stock. The consensus estimate for Gold Fields’ current full-year earnings is $4.88 per share.

A number of other research analysts also recently issued reports on GFI. Zacks Research raised Gold Fields from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. JPMorgan Chase & Co. dropped their price objective on shares of Gold Fields from $75.00 to $55.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Wall Street Zen raised shares of Gold Fields from a “hold” rating to a “buy” rating in a report on Monday. Canaccord Genuity Group upgraded shares of Gold Fields from a “hold” rating to a “buy” rating and boosted their target price for the company from $40.25 to $57.25 in a research note on Friday, April 24th. Finally, Royal Bank Of Canada decreased their target price on shares of Gold Fields from $50.00 to $49.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Gold Fields currently has a consensus rating of “Hold” and an average price target of $47.75.

Gold Fields Trading Down 2.2%

Shares of GFI opened at $31.28 on Monday. Gold Fields has a 52 week low of $23.86 and a 52 week high of $61.64. The stock’s 50-day moving average price is $36.78 and its 200-day moving average price is $44.72. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.33 and a current ratio of 1.79.

Hedge Funds Weigh In On Gold Fields

Hedge funds have recently bought and sold shares of the business. V Square Quantitative Management LLC purchased a new stake in shares of Gold Fields in the first quarter valued at approximately $25,000. CIBC Private Wealth Group LLC raised its stake in shares of Gold Fields by 47.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 853 shares of the company’s stock worth $36,000 after buying an additional 273 shares during the period. Bayforest Capital Ltd lifted its position in shares of Gold Fields by 1,106.7% during the 4th quarter. Bayforest Capital Ltd now owns 1,086 shares of the company’s stock valued at $47,000 after buying an additional 996 shares in the last quarter. Arax Advisory Partners lifted its position in shares of Gold Fields by 352.6% during the 4th quarter. Arax Advisory Partners now owns 1,136 shares of the company’s stock valued at $50,000 after buying an additional 885 shares in the last quarter. Finally, Mark Sheptoff Financial Planning LLC grew its stake in Gold Fields by 24.0% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,552 shares of the company’s stock valued at $68,000 after acquiring an additional 300 shares during the period. Hedge funds and other institutional investors own 24.81% of the company’s stock.

About Gold Fields

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.