A better buy-in window may exist right now for Sibanye Stillwater Limited (SBSW)

Sibanye Stillwater Limited (NYSE: SBSW) stock fell -2.36% on Wednesday to $7.45 against a previous-day closing price of $7.63. With 2.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.15 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $7.57 whereas the lowest price it dropped to was $7.40. The 52-week range on SBSW shows that it touched its highest point at $13.38 and its lowest point at $7.45 during that stretch. It currently has a 1-year price target of $11.97. With its current market cap of 5.22 billion, SBSW has annualized dividend of $0.58 while the current yield stands at 7.74%. Beta for the stock currently stands at 1.58.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SBSW was down-trending over the past week, with a drop of -3.50%, but this was down by -15.24% over a month. Three-month performance dropped to -14.17% while six-month performance fell -25.65%. The stock lost -39.13% in the past year, while it has lost -30.11% so far this year. A look at the trailing 12-month EPS for SBSW yields 1.34 with Next year EPS estimates of 0.37. EPS is expected to decline by -11.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 37.70%.

Float and Shares Shorts:

At present, 707.57 million SBSW shares are outstanding with a float of 166.93 million shares on hand for trading. On Apr 27, 2023, short shares totaled 11.01 million, which was 1.56% higher than short shares on Mar 30, 2023. In addition to Mr. Neal John Froneman B.Sc(MechEng), B.Sc., BCompt UNISA, PR Eng. as the firm’s CEO & Exec. Director, Mr. Charl A. Keyter A.C.M.A., B.Com., CGMA, M.B.A. serves as its CFO & Exec. Director.

Institutional Ownership:

Through their ownership of 8.71% of SBSW’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 4.95% of SBSW, in contrast to 4.07% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in SBSW with 0.68% of the stake, Quantex AG holds 4,800,000 shares worth 4,800,000. A second-largest stockholder of SBSW, Dimensional Fund Advisors LP, holds 4,504,344 shares, controlling over 0.64% of the firm’s shares. Condire Management LP is the third largest shareholder in SBSW, holding 3,790,555 shares or 0.54% stake. With a 0.56% stake in SBSW, the Quantex Global Value Fund is the largest stakeholder. A total of 4,000,000 shares are owned by the mutual fund manager. The Invesco Gold and Special Minerals, which owns about 0.40% of SBSW stock, is the second-largest Mutual Fund holder. It holds 2,802,587 shares valued at 25.08 million. Sprott Gold Equity Fund holds 0.26% of the stake in SBSW, owning 1,864,000 shares worth 16.68 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SBSW since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With SBSW analysts setting a high price target of $18.71 and a low target of $6.52, the average target price over the next 12 months is $11.51. Based on these targets, SBSW could surge 151.14% to reach the target high and fall by -12.48% to reach the target low. Reaching the average price target will result in a growth of 54.5% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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