Company Performance - Gold Fields (GFI) closed at $16.59, reflecting a +1.22% change from the previous trading day's close, outperforming the S&P 500's loss of 0.47% [1] - The stock has increased by 24.17% over the past month, surpassing the Basic Materials sector's gain of 1.28% and the S&P 500's gain of 1.67% [1] Earnings Projections - Zacks Consensus Estimates project Gold Fields to report earnings of $1.94 per share and revenue of $6.66 billion for the full year, representing increases of +108.6% and +47.89% from the prior year, respectively [2] Analyst Forecasts - Recent revisions to analyst forecasts for Gold Fields are important as they reflect near-term business trends, with positive changes indicating a favorable outlook on the company's health and profitability [3] Valuation Metrics - Gold Fields has a Forward P/E ratio of 8.43, which is lower than the industry's average Forward P/E of 10.16, indicating a valuation discount [6] - The company has a PEG ratio of 0.27, compared to the Mining - Gold industry's average PEG ratio of 0.58 [6] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 131, placing it in the bottom 48% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

In the latest trading session, Gold Fields (GFI) closed at $15.28, marking a +0.92% move from the previous day. The stock lagged the S&P 500's daily gain of 1.83%. Elsewhere, the Dow saw an upswing of 1.65%, while the tech-heavy Nasdaq appreciated by 2.45%.Prior to today's trading, shares of the gold miner had gained 8.92% over the past month. This has outpaced the Basic Materials sector's loss of 6.01% and the S&P 500's loss of 3.31% in that time.The upcoming earnings release of Gold Fields will be of grea ...

Gold Fields (GFI) closed at $14.38 in the latest trading session, marking a +1.41% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.16%. Meanwhile, the Dow experienced a rise of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.06%.Shares of the gold miner witnessed a loss of 3.43% over the previous month, beating the performance of the Basic Materials sector with its loss of 9.84% and underperforming the S&P 500's loss of 2.7%.Market participants ...

In the latest trading session, Gold Fields (GFI) closed at $13.97, marking a -0.64% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.26%. At the same time, the Dow added 0.8%, and the tech-heavy Nasdaq gained 1.77%.Prior to today's trading, shares of the gold miner had lost 0.5% over the past month. This has was narrower than the Basic Materials sector's loss of 9.43% and the S&P 500's loss of 2.82% in that time.The investment community will be paying close attent ...

Group 1: Honda Motor Co., Ltd. (HMC) - Honda Motor has a Zacks Rank of 1 and a price-to-earnings ratio (P/E) of 5.83, which is lower than the industry average of 9.00 [1] - The Zacks Consensus Estimate for Honda's current year earnings has increased by 2.7% over the last 60 days [1] - The company possesses a Value Score of B [1] Group 2: Gold Fields Limited (GFI) - Gold Fields Limited has a Zacks Rank of 1 and a price-to-earnings ratio (P/E) of 14.06, significantly lower than the S&P average of 24.27 [2] - The Zacks Consensus Estimate for Gold Fields' current year earnings has increased by 9.8% over the last 60 days [2] - The company possesses a Value Score of A [2] Group 3: Grupo Financiero Galicia S.A. (GGAL) - Grupo Financiero Galicia has a Zacks Rank of 1 and a price-to-earnings ratio (P/E) of 6.59, compared to the industry average of 10.00 [3] - The Zacks Consensus Estimate for Grupo Financiero Galicia's current year earnings has increased by 8.4% over the last 60 days [3] - The company possesses a Value Score of A [3]

Core Viewpoint - Investors are evaluating Gold Fields (GFI) and Royal Gold (RGLD) for potential value opportunities in the Mining - Gold sector [1] Group 1: Zacks Rank and Earnings Outlook - Both GFI and RGLD currently hold a Zacks Rank of 2 (Buy), indicating positive revisions to their earnings estimates [3] - The Zacks Rank is designed to favor stocks with improving earnings outlooks, which applies to both companies [3] Group 2: Value Metrics - Value investors analyze various traditional figures to assess if a company is undervalued, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] - GFI has a forward P/E ratio of 14.65, while RGLD has a forward P/E of 29.70 [5] - GFI's PEG ratio is 0.55, indicating better value relative to its expected EPS growth rate compared to RGLD's PEG ratio of 1.22 [5] - GFI's P/B ratio is 3.07, compared to RGLD's P/B of 3.27, contributing to GFI's Value grade of A and RGLD's Value grade of D [6] - Based on these valuation figures, GFI is considered the superior value option at this time [6]

Core Viewpoint - Zacks emphasizes a ranking system focused on earnings estimates and revisions to identify winning stocks, while also considering trends in value, growth, and momentum for investment opportunities [1] Value Investing - Value investing is a popular strategy for identifying undervalued stocks that have potential for profit [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly in the "Value" category, where stocks with "A" grades and high Zacks Ranks are considered strong value stocks [3] Company Analysis: Gold Fields Limited (GFI) - Gold Fields Limited (GFI) has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential [4] - GFI's Forward P/E ratio is 9.07, significantly lower than the industry average of 13.58, with a 52-week range of 6.76 to 14.68 and a median of 9.70 [4] - GFI's PEG ratio is 0.34, compared to the industry average of 0.46, with a 52-week range of 0.34 to 2.36 and a median of 0.81, suggesting it is undervalued [5] - The combination of GFI's valuation metrics and strong earnings outlook positions it as an impressive value stock [6]

Core Viewpoint - Investors in the Mining - Gold sector should consider Gold Fields (GFI) and Royal Gold (RGLD) as potential value opportunities, with GFI appearing to be the superior option based on valuation metrics [1][3]. Valuation Metrics - GFI has a forward P/E ratio of 15.35, while RGLD has a forward P/E of 30.34, indicating that GFI may be undervalued compared to RGLD [2]. - GFI's PEG ratio is 0.58, suggesting a favorable growth outlook relative to its price, whereas RGLD's PEG ratio is 1.25, indicating a less attractive growth valuation [2]. - GFI's P/B ratio is 3.21, compared to RGLD's P/B of 3.27, further supporting GFI's stronger valuation profile [3]. - GFI has a Value grade of A, while RGLD has a Value grade of D, highlighting GFI's superior valuation metrics [3].

Core Insights - The article emphasizes the importance of value investing as a successful strategy across various market conditions, highlighting the use of valuation metrics to identify strong stocks [1] - Zacks has developed a Style Scores system to categorize stocks, with a focus on the "Value" category for value investors [1] Company Analysis - Gold Fields Limited (GFI) currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [2] - GFI's Forward P/E ratio is 9.60, significantly lower than the industry's average Forward P/E of 14.96, suggesting it may be undervalued [2] - Over the past 52 weeks, GFI's Forward P/E has fluctuated between a high of 14.68 and a low of 6.76, with a median of 9.82 [2] - The company has a PEG ratio of 0.36, which is also lower than the industry's average PEG of 0.49, further indicating potential undervaluation [2] - GFI's PEG ratio has ranged from a high of 2.36 to a low of 0.35 over the last 12 months, with a median of 1 [2] - These metrics suggest that Gold Fields Limited is likely undervalued and has a strong earnings outlook, making it an attractive value stock at present [2]

Core Viewpoint - Gold Fields Limited reported disappointing first-half results, leading to a nearly 10% decline in stock price and a downgrade in full-year production guidance [4][10][16]. Company Overview - Gold Fields is a South African gold mining company with operations in South Africa, Western Africa, Australia, Canada, and Peru [6]. Financial Performance - First-half managed production decreased by approximately 22.3% year-over-year to 954,000 ounces, while attributable production fell by about 22.4% to 918,000 ounces [10]. - All-in-sustaining costs rose by 43.86% to $1,745 per ounce, resulting in a $161 million year-over-year decrease in adjusted free cash flow from operations [10]. Production Challenges - Gruyere's production dropped by 20% year-over-year to 127,000 ounces due to severe weather, but production is expected to ramp up later in 2024 [12]. - St. Ives' production fell by 25% year-over-year to 139,000 ounces, attributed to lower grades, with a forecasted rebound of 49% half-over-half [12]. - South Deep mine's production decreased by 25% year-over-year to 117,000 ounces, primarily due to a fatality incident and operational challenges, but a 14% increase is anticipated half-over-half [13]. - Cerro Corona's production fell by 42% to 79,000 ounces, mainly due to weather-related issues [14]. Guidance Revision - The company revised its full-year production guidance to between 2 million and 2.15 million ounces, down from the previous forecast of 2.2-2.3 million ounces [16]. Market Conditions - Gold prices are expected to remain strong, driven by a potential U.S. interest rate pivot and heightened systematic risk, which may lead traders to use gold as a hedge [17]. - Gold Fields has a dividend policy of 40% of normalized earnings, with a four-year average yield of 2.89% [18]. Stock Analysis - The average sell-side analyst price target for Gold Fields is $17.44, indicating nearly 20% upside potential [19]. - The stock's relative strength index (RSI) has dropped to the 30 handle, suggesting it may be oversold [20]. Conclusion - Gold Fields' stock is viewed as an equal-weight asset, with potential entry points due to the recent slump and expected normalization of mining operations [21].