2 Stocks Making Case For Big Gains: Sibanye Gold Limited (SBGL), Iridium Communications Inc. (IRDM)

1 analysts out of 1 Wall Street brokerage firms rate Sibanye Gold Limited (NYSE:SBGL) as a Buy, while 0 see it as a Sell. The rest 0 describe it as a Hold. SBGL stock traded higher to an intra-day high of $4.05. At one point in session, its potential discontinued and the price was down to lows at $3.91. Analysts have set SBGL’s consensus price at $6.19, effectively giving it a 56.71% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $10.39 (up 163.04% from current price levels). SBGL has a -19.7% ROE, lower than the -1.81% average for the industry. The average ROE for the sector is 13.69%.

Yearly earnings are expected to rise by -150% to about $-0.1. As for the coming year, growth will be about 170%, lifting earnings to $0.07. RSI after the last trading period was 50.39. SBGL recorded a change of 0.51% over the past week and returned 50.76% over the last three months while the SBGL stock’s monthly performance revealed a shift in price of -5.73%. The year to date (YTD) performance stands at 39.58%, and the bi-yearly performance specified an activity trend of 60.57% while the shares have moved 2.19% for the past 12 months.

Sibanye Gold Limited (SBGL) currently trades at $3.95, which is lower by -1.5% its previous price. It has a total of 570.62 million outstanding shares, with an ATR of around 0.2. The company’s stock volume rose to 5.6 million, better than 4.75 million that represents its 50-day average. A 5-day increase of about 0.51% in its price means SBGL is now 39.58% higher on year-to-date. The shares have surrendered $43325.05 since its $4.50 52-week high price recorded on 20th of February 2019. Overall, it has seen a growth rate of 2.19 over the last 12 months. The current price per share is $1.93 above the 52 week low of $2.02 set on 17th of August 2018.

Iridium Communications Inc. (NASDAQ:IRDM) shares depreciated -0.8% over the last trading period, taking overall 5-day performance up to 5.04%. IRDM’s price now at $23.57 is greater than the 50-day average of $20.45. Getting the trading period increased to 200 days, the stock price was seen at $19.64 on average. The general public currently hold control of a total of 96.44 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 111.5 million. The company’s management holds a total of 3.1%, while institutional investors hold about 99.2% of the remaining shares. IRDM share price finished last trade 6.9% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 20.33%, while closing the session with 15.81% distance from 50 day simple moving average.

Iridium Communications Inc. (IRDM) shares were last observed trading -3.2% down since December 04, 2018 when the peak of $24.35 was hit. Last month’s price growth of 15.54% puts IRDM performance for the year now at 27.75%. Consequently, the shares price is trending higher by 115.25%, a 52-week worst price since Apr. 04, 2018. However, it is regaining value with 16.68% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $22.96 and $23.27. The immediate resistance area is now $24.03 Williams’s %R (14) for IRDM moved to 14.48 while the stochastic %K points at 89.7.

IRDM’s beta is 2.09; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $-0.21 per share from its yearly profit to its outstanding shares. Its last reported revenue is $132.16 million, which was 14% versus $115.47 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $-0.09 compared to $-0.07 in the year-ago quarter and had represented 29% year-over-year earnings per share growth. IRDM’s ROA is -0.6%, lower than the 1.35% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 11.43%.

Estimated quarterly earnings for Iridium Communications Inc. (NASDAQ:IRDM) are around $-0.23 per share in three months through March with $-0.17 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -428.57% and -950%, respectively. Analysts estimate full-year growth to be -450%, the target being $-0.77 a share. The upcoming year will see an increase in growth by percentage to 109.09%, more likely to see it hit the $0.07 per share. The firm’s current profit margin over the past 12 months is -4.5%. IRDM ranks lower in comparison to an average of 1.06% for industry peers; while the average for the sector is 19.37%.