Latest news with #SandfireResourcesLimited
Business Insider
a day ago
- Business
- Business Insider
Citi Remains a Hold on Sandfire Resources Limited (SFRRF)
Citi analyst Paul McTaggart maintained a Hold rating on Sandfire Resources Limited (SFRRF – Research Report) yesterday and set a price target of A$11.50. The company's shares closed last Friday at $7.40. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, McTaggart is a 5-star analyst with an average return of 9.1% and a 54.86% success rate. McTaggart covers the Basic Materials sector, focusing on stocks such as South32, Champion Iron, and Fortescue Metals Group Ltd. Sandfire Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of $7.09.
Yahoo
27-05-2025
- Business
- Yahoo
Institutional investors are Sandfire Resources Limited's (ASX:SFR) biggest bettors and were rewarded after last week's AU$294m market cap gain
Institutions' substantial holdings in Sandfire Resources implies that they have significant influence over the company's share price The top 7 shareholders own 52% of the company Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Every investor in Sandfire Resources Limited (ASX:SFR) should be aware of the most powerful shareholder groups. With 71% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). And last week, institutional investors ended up benefitting the most after the company hit AU$5.2b in market cap. One-year return to shareholders is currently 20% and last week's gain was the icing on the cake. In the chart below, we zoom in on the different ownership groups of Sandfire Resources. View our latest analysis for Sandfire Resources Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. Sandfire Resources already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Sandfire Resources, (below). Of course, keep in mind that there are other factors to consider, too. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in Sandfire Resources. The company's largest shareholder is Australian Super Pty Ltd, with ownership of 15%. In comparison, the second and third largest shareholders hold about 8.5% and 7.7% of the stock. We also observed that the top 7 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that Sandfire Resources Limited insiders own under 1% of the company. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around AU$7.4m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. The general public-- including retail investors -- own 29% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Business Insider
30-04-2025
- Business
- Business Insider
Sandfire Resources Limited (SFRRF) Gets a Hold from Citi
Citi analyst Kate McCutcheon maintained a Hold rating on Sandfire Resources Limited (SFRRF – Research Report) today and set a price target of A$10.50. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, McCutcheon is a 5-star analyst with an average return of 8.3% and a 62.11% success rate. McCutcheon covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Northern Star Resources Ltd, and Evolution Mining . In addition to Citi, Sandfire Resources Limited also received a Hold from Jefferies's Mitch Ryan in a report issued yesterday. However, today, Morgans upgraded Sandfire Resources Limited (Other OTC: SFRRF) to a Buy. The company has a one-year high of $8.01 and a one-year low of $4.80. Currently, Sandfire Resources Limited has an average volume of 625.
Business Insider
30-04-2025
- Business
- Business Insider
Positive Report for Sandfire Resources Limited (SFRRF) from Morgans
In a report released today, Tom Sartor from Morgans upgraded Sandfire Resources Limited (SFRRF – Research Report) to a Buy, with a price target of A$11.60. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Sartor is a 4-star analyst with an average return of 16.6% and a 40.79% success rate. In addition to Morgans, Sandfire Resources Limited also received a Buy from Canaccord Genuity's Timothy Hoff in a report issued yesterday. However, today, Citi maintained a Hold rating on Sandfire Resources Limited (Other OTC: SFRRF). The company has a one-year high of $8.01 and a one-year low of $4.80. Currently, Sandfire Resources Limited has an average volume of 625.
Yahoo
21-02-2025
- Business
- Yahoo
Sandfire Resources Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Last week saw the newest half-year earnings release from Sandfire Resources Limited (ASX:SFR), an important milestone in the company's journey to build a stronger business. Revenues were US$558m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of US$0.11 were also better than expected, beating analyst predictions by 13%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Sandfire Resources Following the latest results, Sandfire Resources' 15 analysts are now forecasting revenues of US$1.18b in 2025. This would be a solid 8.9% improvement in revenue compared to the last 12 months. Per-share earnings are expected to jump 41% to US$0.27. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$1.21b and earnings per share (EPS) of US$0.29 in 2025. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a small dip in earnings per share estimates. The analysts made no major changes to their price target of AU$10.61, suggesting the downgrades are not expected to have a long-term impact on Sandfire Resources' valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Sandfire Resources, with the most bullish analyst valuing it at AU$12.00 and the most bearish at AU$9.10 per share. This is a very narrow spread of estimates, implying either that Sandfire Resources is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions. Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Sandfire Resources'historical trends, as the 19% annualised revenue growth to the end of 2025 is roughly in line with the 16% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 4.7% per year. So it's pretty clear that Sandfire Resources is forecast to grow substantially faster than its industry. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Sandfire Resources. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. With that in mind, we wouldn't be too quick to come to a conclusion on Sandfire Resources. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Sandfire Resources analysts - going out to 2027, and you can see them free on our platform here. You can also view our analysis of Sandfire Resources' balance sheet, and whether we think Sandfire Resources is carrying too much debt, for free on our platform here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
