Analysts Offer Predictions for Gold Fields FY2025 Earnings

Gold Fields Limited (NYSE:GFI) – Equities researchers at Scotiabank decreased their FY2025 EPS estimates for Gold Fields in a research report issued to clients and investors on Friday, January 30th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $3.04 for the year, down from their prior estimate of $3.06. Scotiabank currently has a “Sector Perform” rating and a $61.00 target price on the stock. The consensus estimate for Gold Fields’ current full-year earnings is $1.97 per share.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. upped their price target on shares of Gold Fields from $64.00 to $65.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Wall Street Zen cut Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Morgan Stanley cut Gold Fields from an “equal weight” rating to an “underweight” rating in a report on Friday, January 23rd. Zacks Research downgraded Gold Fields from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Investec cut shares of Gold Fields from a “buy” rating to a “hold” rating in a research report on Friday, October 10th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Gold Fields currently has an average rating of “Hold” and a consensus target price of $44.00.

Gold Fields Trading Down 14.6%

NYSE GFI opened at $50.08 on Monday. The company’s 50 day simple moving average is $46.49 and its two-hundred day simple moving average is $39.60. Gold Fields has a 1 year low of $16.91 and a 1 year high of $61.64.

Institutional Investors Weigh In On Gold Fields

A number of hedge funds have recently made changes to their positions in GFI. CIBC Private Wealth Group LLC grew its holdings 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 valued at $36,000 after purchasing an additional 273 shares during the last quarter. Archer Investment Corp bought a new stake in Gold Fields in the third quarter worth $42,000. Cary Street Partners Investment Advisory LLC purchased a new stake in Gold Fields during the third quarter valued at about $45,000. Bayforest Capital Ltd grew its stake in shares of Gold Fields by 1,106.7% during the fourth quarter. Bayforest Capital Ltd now owns 1,086 shares of the company’s stock valued at $47,000 after buying an additional 996 shares during the last quarter. Finally, Country Trust Bank bought a new position in shares of Gold Fields during the second quarter valued at about $26,000. 24.81% of the stock is currently 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.