It’s an appealing income play to consider Sibanye Stillwater Limited (SBSW)

The price of Sibanye Stillwater Limited (NYSE: SBSW) closed at $8.45 in the last session, down -2.42% from day before closing price of $8.66. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 4908003 shares were traded. SBSW stock price reached its highest trading level at $8.54 during the session, while it also had its lowest trading level at $8.32.

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Ratios:

We take a closer look at SBSW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.24.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on November 23, 2022, Downgraded its rating to Hold and sets its target price to $10 from $12 previously.

RBC Capital Mkts Downgraded its Outperform to Sector Perform on June 01, 2022, whereas the target price for the stock was revised from $25 to $13.

Valuation Measures:

As of this moment, Sibanye’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.02, and their Forward P/E ratio for the next fiscal year is 7.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.28.

Stock Price History:

Over the past 52 weeks, SBSW has reached a high of $18.63, while it has fallen to a 52-week low of $7.82. The 50-Day Moving Average of the stock is 10.08, while the 200-Day Moving Average is calculated to be 10.08.

Shares Statistics:

According to the various share statistics, SBSW traded on average about 3.47M shares per day over the past 3-months and 5.4M shares per day over the past 10 days. A total of 705.48M shares are outstanding, with a floating share count of 166.97M. Shares short for SBSW as of Jan 12, 2023 were 14.11M with a Short Ratio of 14.44M, compared to 12.56M on Dec 14, 2022.

Dividends & Splits

The forward annual dividend rate for SBSW is 0.58, which was 6.13 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 70.79%, it implies a Forward Annual Dividend Yield of 5.93%. The current Payout Ratio is 0.00% for SBSW, which recently paid a dividend on Apr 05, 2023 with an ex-dividend date of Sep 14, 2022. Stock splits for the company last occurred on Oct 04, 2017 when the company split stock in a 102:100 ratio.

Earnings Estimates

The company has 0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.16, with high estimates of $0.16 and low estimates of $0.16.

Analysts are recommending an EPS of between $0.46 and $0.43 for the fiscal current year, implying an average EPS of $0.44. EPS for the following year is $0.57, with 3 analysts recommending between $0.63 and $0.49.

Revenue Estimates

A total of 5 analysts have provided revenue estimates for SBSW’s current fiscal year. The highest revenue estimate was $8.96B, while the lowest revenue estimate was $8.09B, resulting in an average revenue estimate of $8.49B. In the same quarter a year ago, actual revenue was $11.64B, down -27.00% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $8.91B in the next fiscal year. The high estimate is $10.03B and the low estimate is $8.16B. The average revenue growth estimate for next year is up 4.90% from the average revenue estimate for this year.