Based on an average daily volume of 336,900 shares, the short-interest ratio is presently 5.3 days. Approximately 0.3% of the shares of the company are short sold. As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI. Style is an investment factor that has a meaningful impact on investment risk and returns.
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- Since then, SSL stock has decreased by 18.3% and is now trading at $12.84.
The consensus among Wall Street research analysts is that investors should “hold” SSL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SSL, but not buy additional shares or sell existing shares. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
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Sign-up to receive the latest news and ratings for Sasol and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Here is a look at the top performing individual oil companies with market caps of at least $10 billion.
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. VanEck Africa Index ETF holds 39,069 shares of SSL stock, representing 1.02% of its portfolio.
Sasol Ltd (NYSE:SSL)
© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. 69 employees have rated Sasol Chief Executive Officer Bongani Nqwababa and Stephen Cornell on Glassdoor.com. Bongani Nqwababa and Stephen Cornell has an approval rating of 32% among the company’s employees. This puts Bongani Nqwababa and Stephen Cornell in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
- More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
- As an investor, you want to buy stocks with the highest probability of success.
- The South African energy-and-chemicals company said it made a net profit of $51…
- The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
- The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Style is calculated by combining value and growth scores, which are first individually calculated. The technique has proven to be very useful for finding positive surprises. Sasol Ltd. (SOL.JO) said Monday that its net profit declined in the first half of financial 2018 on the back of one-off items and impairments. The South African energy-and-chemicals company said it made a net profit of $51…
Holiferm and Sasol Chemicals Expand Collaboration to Develop and Market Sustainable Surfactants
The Energy Business segments The company was founded in 1950 and is headquartered in Johannesburg, South Africa. Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested. It reflects how much an investor will earn aside from any capital gains in the stock.
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Sasol Ltd. operates as a chemical and energy company, which engages in the business of sourcing, producing, and marketing chemical and energy products. The Energy business nick leeson net worth covers mining, gas, and fuels segments. The Chemicals business refers to the chemical products operations located in Africa, America, and Eurasia. The company was founded on September 26, 1950, and is headquartered in Johannesburg, South Africa. 1 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Sasol in the last year.
As of Friday, the following long-term dividend payers grant a forward dividend yield that more than double the S&P 500 Index’s yield of 1.89%. Right now, it’s easy to be down on the global stock market. While the U.S. market is off about 7% so far in 2022, emerging market stocks are about 10% lower than where they were to start the year. With the company looking to pay down its debt load with equity, investors are heading for the exits fast.
Sasol Ltd ADR
Sasol’s stock was trading at $15.71 at the beginning of 2023. Since then, SSL stock has decreased by 18.3% and is now trading at $12.84. The South African energy and chemicals company continues to grow its profits despite the headwinds. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
The decision by the South African refiner and chemical producer to suspend operations at a refinery has the stock reeling. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
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Terms of Service apply. We’d like to share more about how we work and what drives our day-to-day business. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
Private Companies
More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. Sasol Ltd. on Monday reported a 6.2% fall in adjusted Ebitda for the first half of fiscal 2021, the middle of the range forecast last month. The South Africa-based petrochemical and energy company said adjusted earnings be… Sasol declared a semi-annual dividend on Wednesday, August 23rd. Shareholders of record on Friday, September 15th will be given a dividend of $0.5321 per share on Friday, September 29th.
The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
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SSL’s historical performance
against its industry peers and the overall market.
Sasol Ltd. said Thursday that saleable production for the first quarter of fiscal 2021 fell 7% on year, as the coronavirus pandemic resulted in a lower productivity rate. Sasol saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 1,800,000 shares, an increase of 20.0% from the July 31st total of 1,500,000 shares.
A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.
Sasol Ltd (SSL) has fallen 2.68% Wednesday In Premarket Trading – InvestorsObserver
Sasol Ltd (SSL) has fallen 2.68% Wednesday In Premarket Trading.
Posted: Wed, 13 Sep 2023 11:02:03 GMT [source]
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Sasol’s stock is owned by a variety of institutional and retail investors. The https://1investing.in/ most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies. The South Africa-based energy company has a big new project that could provide a nice boost to earnings, but it’s also created headaches. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. SSL’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum.
I firmly believe energy stocks are set for a significant uptick over the next 12 months. Sasol Ltd. operates as a chemical and energy company, which engages in the provision of integrate sophisticated technologies and processes into operating facilities. It operates through the Mining, Gas, Fuels, Chemicals Africa, Chemicals Eurasia, and Corporate Centre.
This is an increase from the stock’s previous semi-annual dividend of $0.39. Sasol Ltd. (SOL.JO) on Monday reported a 57% fall in fiscal 2018 net profit, which it blamed in part on the stronger average South African rand to U.S dollar exchange rate. Wednesday said it has agreed to sell 16 air separation units in Secunda to Air Liquide SA for 8.5 billion South African Rand ($514.3 million). The South Africa-based petrochemical and energy company said the sal… Energy stocks have experienced a good week thus far as crude oil prices rebounded.
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