Glencore (GLEN) Share Price, News & Analysis

Company Overview

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today. With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices. Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative. We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.

Key Stats

• Today's Range: 531 to 540.20
• 50-Day Range: 536.50 to 629
• 52-Week Range: 332.20 to 633.90
• Volume: 268.41 million shs
• Average Volume: 42.44 million shs
• Market Capitalization: £62.31 billion
• P/E Ratio: 11.81
• Dividend Yield: 2.28%
• Price Target: GBX 660
• Consensus Rating: Moderate Buy

Glencore Stock Analysis - MarketRank™

Glencore scored higher than 91% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Glencore has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on no strong buy ratings, 5 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Glencore has a consensus price target of GBX 660, representing about 22.7% upside from its current price of GBX 537.84.

Amount of Analyst Coverage

Glencore has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Glencore is 11.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 35.69.

Price to Earnings Ratio vs. Sector

The P/E ratio of Glencore is 11.95, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 21.10.

Price to Earnings Growth Ratio

Glencore has a PEG Ratio of 0.43. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Glencore has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GLEN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Glencore pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Glencore does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Glencore is 30.03%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: N/A

News Sentiment

Glencore has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Glencore this week, compared to 4 articles on an average week.

MarketBeat Follows

3 people have added Glencore to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Glencore insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.01% of the stock of Glencore is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.11% of the stock of Glencore is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: N/A
• Current Symbol: LON:GLEN
• CIK: N/A
• Web: www.glencore.com
• Phone: +41-41-7092000
• Fax: N/A
• Employees: 140,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Glencore: GBX 660
• High Price Target: GBX 780
• Low Price Target: GBX 510
• Potential Upside/Downside: +23.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 45
• Trailing P/E Ratio: 11.92
• Forward P/E Ratio: 14.35
• P/E Growth: 0.43
• Net Income: -£682.18 million
• Net Margins: 1.78%
• Pretax Margin: N/A
• Return on Equity: 13.34%
• Return on Assets: 2.54%

Debt

• Debt-to-Equity Ratio: 108.47
• Current Ratio: 1.06
• Quick Ratio: 0.32

Sales & Book Value

• Annual Sales: £304.57 billion
• Price / Sales: 0.21
• Cash Flow: GBX 21.85 per share
• Price / Cash Flow: 24.56
• Book Value: GBX 306.98 per share
• Price / Book: 1.75

Miscellaneous

• Outstanding Shares: 11,725,690,000
• Free Float: N/A
• Market Cap: £62.91 billion
• Optionable: Not Optionable
• Beta: 0.51