Ferroglobe PLC, formerly VeloNewco Limited, is engaged in silicon and specialty metals industry. The Company produces silicon metal and silicon- and manganese-based alloy, which serves customers in the chemical, aluminum, solar, steel and ductile iron foundry industries. It operates through two segments: Electrometallurgy and Energy. It Electrometallurgy segment includes its coal and quartz mining operations and its silicon metal and ferroalloy production, whereas the Energy segment consists of its hydroelectric power operations. It currently operates approximately 20 production smelting facilities in the field of electrometallurgy: approximately five in Spain, over five in the United States of America, over six in France, over three in South Africa, one in Venezuela, one in Poland, one in Canada, one in Argentina and one in China. It diversifies its production base across approximately five continents, such as Africa, Asia, Europe, North America and South America.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Specialty Mining & Metals
- Sub-Industry: Diversified Metals & Mining
- Symbol: NASDAQ:GSM
- CUSIP: 37954N20
- Web: www.glbsm.com
- Market Cap: $2.26998 billion
- Outstanding Shares: 171,947,000
- 50 Day Moving Avg: $13.21
- 200 Day Moving Avg: $11.27
- 52 Week Range: $8.54 - $14.46
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 16.79
- P/E Growth: 7.27
- Annual Revenue: $1.56 billion
- Price / Sales: 1.44
- Book Value: $5.27 per share
- Price / Book: 2.49
- EBIDTA: $58.93 million
- Net Margins: -4.60%
- Return on Equity: -3.16%
- Return on Assets: -1.47%
- Debt-to-Equity Ratio: 0.52%
- Current Ratio: 2.51%
- Quick Ratio: 1.42%
- Average Volume: 843,442 shs.
- Beta: 1.72
- Short Ratio: 3.07
Frequently Asked Questions for Ferroglobe PLC (NASDAQ:GSM)
What is Ferroglobe PLC's stock symbol?
Ferroglobe PLC trades on the NASDAQ under the ticker symbol "GSM."
How often does Ferroglobe PLC pay dividends? What is the dividend yield for Ferroglobe PLC?
Ferroglobe PLC declared a quarterly dividend on Monday, November 14th. Stockholders of record on Thursday, December 8th will be given a dividend of $0.08 per share on Thursday, December 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date is Tuesday, December 6th. View Ferroglobe PLC's Dividend History.
How were Ferroglobe PLC's earnings last quarter?
Ferroglobe PLC (NASDAQ:GSM) posted its quarterly earnings results on Thursday, August, 25th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.03. The company earned $397.95 million during the quarter, compared to analyst estimates of $433.16 million. Ferroglobe PLC had a negative net margin of 4.60% and a negative return on equity of 3.16%. View Ferroglobe PLC's Earnings History.
When will Ferroglobe PLC make its next earnings announcement?
Where is Ferroglobe PLC's stock going? Where will Ferroglobe PLC's stock price be in 2017?
4 equities research analysts have issued 1-year price targets for Ferroglobe PLC's stock. Their predictions range from $10.00 to $16.75. On average, they anticipate Ferroglobe PLC's stock price to reach $14.25 in the next year. View Analyst Ratings for Ferroglobe PLC.
What are analysts saying about Ferroglobe PLC stock?
Here are some recent quotes from research analysts about Ferroglobe PLC stock:
- 1. According to Zacks Investment Research, "Globe Specialty Metals, Inc., together with its subsidiary companies, is among the world's largest producers of silicon metal and silicon-based specialty alloys - critical ingredients in a host of industrial and consumer products with growing markets. The Company's customers include major silicone chemical, aluminum and steel manufacturers, producers of photovoltaic solar cells and computer chips, the auto industry, ductile iron foundries and concrete producers. Headquartered in New York City, the company has major manufacturing facilities in the U.S. states of Ohio, West Virginia, Alabama and New York, as well as in the Brazilian state of Pará, Mendoza province Argentina and Ningxia province China. Its principal operating subsidiaries are Globe Metallurgical, Inc. and Solsil, Inc. in the U.S.; Globe Metais Indústria e Comércio S.A. in Brazil; Globe Metales S.A. in Argentina; and Ningxia Yonvey Coal Industry Co., Ltd., in China. " (9/6/2017)
- 2. B. Riley analysts commented, "We expect F3Q results to be in line, but believe F4Q outlook could be slightly below consensus as the latest industry data suggests a mixed demand environment. Although the company is not exposed to the ongoing Chinese slowdown, a number of comm equipment companies such as Infinera (INFN) and Viavi (VIAV) have recently reported that the overall telecom spending environment remains choppy. This demand dynamic is due to several factors, particularly M&A activity, which could slow the ongoing US metro upgrade cycle. While India and the DCI (Datacenter Interconnect) segment continue to be robust growth drivers, we are uncertain if they will be strong enough to meet the Street’s Q/Q revenue growth expectation of +5.9%." (8/29/2017)
Are investors shorting Ferroglobe PLC?
Ferroglobe PLC saw a decrease in short interest in September. As of September 15th, there was short interest totalling 1,256,366 shares, a decrease of 22.8% from the August 31st total of 1,626,776 shares. Based on an average daily trading volume, of 780,227 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.8% of the company's stock are sold short.
Who are some of Ferroglobe PLC's key competitors?
Some companies that are related to Ferroglobe PLC include U.S. Silica Holdings (SLCA), Hi-Crush Partners LP (HCLP), Taseko Mines Ltd (TGB), Kenmare Resources plc (KMR), Luxfer Holdings PLC (LXFR), Wolf Minerals Limited (WLFE), Amur Minerals (AMC), General Moly (GMO), Savannah Resources Plc (SAV), W Resources PLC (WRES), BMR Group PLC (BMR), Thor Mining Plc (THR), International Ferro Metals Limited (IFL), RTI International Metals (RTI), Savannah Resources Plc (AME) and Sierra Rutile Ltd (SRX).
Who are Ferroglobe PLC's key executives?
Ferroglobe PLC's management team includes the folowing people:
- Javier Lopez Madrid, Executive Chairman of the Board
- Pedro Larrea Paguaga, Chief Executive Officer
- Joseph D. Ragan III, Chief Financial Officer, Principal Accounting Officer
- Nicholas Deeming, Chief Legal Officer and Corporate Secretary
- Juan Villar-Mir de Fuentes, Director
- Donald G. Barger Jr., Independent Director
- Bruce L. Crockett, Independent Director
- Stuart E. Eizenstat, Independent Director
- Greger Hamilton, Independent Director
Who owns Ferroglobe PLC stock?
Ferroglobe PLC's stock is owned by many different of retail and institutional investors. Top institutional investors include Boston Partners (2.52%), Frontier Capital Management Co. LLC (2.42%), Dimensional Fund Advisors LP (2.41%), Thompson Siegel & Walmsley LLC (1.88%), Deprince Race & Zollo Inc. (1.57%) and Russell Investments Group Ltd. (0.99%). View Institutional Ownership Trends for Ferroglobe PLC.
Who sold Ferroglobe PLC stock? Who is selling Ferroglobe PLC stock?
Ferroglobe PLC's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Northern Trust Corp, Ameriprise Financial Inc., Bank of New York Mellon Corp, Sprott Inc., Formula Growth Ltd. and New York State Common Retirement Fund. View Insider Buying and Selling for Ferroglobe PLC.
Who bought Ferroglobe PLC stock? Who is buying Ferroglobe PLC stock?
Ferroglobe PLC's stock was acquired by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Nomura Holdings Inc., Russell Investments Group Ltd., SG Capital Management LLC, Dimensional Fund Advisors LP, Pembroke Management LTD, Thompson Siegel & Walmsley LLC and Goldman Sachs Group Inc.. View Insider Buying and Selling for Ferroglobe PLC.
How do I buy Ferroglobe PLC stock?
Shares of Ferroglobe PLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ferroglobe PLC's stock price today?
MarketBeat Community Rating for Ferroglobe PLC (NASDAQ GSM)MarketBeat's community ratings are surveys of what our community members think about Ferroglobe PLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ferroglobe PLC stock can currently be purchased for approximately $13.10.
Consensus Ratings for Ferroglobe PLC (NASDAQ:GSM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$14.25 (8.78% upside)|
Analysts' Ratings History for Ferroglobe PLC (NASDAQ:GSM)
(Data available from 9/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/18/2017||Jefferies Group LLC||Reiterated Rating||Buy||Low|
|9/3/2017||B. Riley||Reiterated Rating||Buy||$16.00||High|
|9/3/2017||Stifel Nicolaus||Reiterated Rating||Buy||High|
|11/15/2016||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||$12.00 -> $10.00||N/A|
|9/19/2016||Robert W. Baird||Upgrade||Neutral -> Buy||N/A|
|8/29/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$14.00 -> $12.00||N/A|
Earnings History for Ferroglobe PLC (NASDAQ:GSM)Earnings History by Quarter for Ferroglobe PLC (NASDAQ GSM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/13/2017|| || || || || || || || |
|8/25/2016||Q2||$0.02||($0.01)||$433.16 million||$397.95 million||View||N/A|
|5/18/2016||Q1||$0.11||($0.04)||$223.00 million||$423.50 million||View||N/A|
|11/5/2015||Q116||$0.12||$0.11||$195.76 million||$174.76 million||View||N/A|
|8/25/2015||Q415||$0.18||$0.16||$212.63 million||$202.00 million||View||Listen|
|5/6/2015||Q315||$0.24||$0.20||$217.07 million||$194.65 million||View||N/A|
|2/9/2015||Q215||$0.20||$0.21||$213.25 million||$198.02 million||View||Listen|
|11/5/2014||Q115||$0.18||$0.19||$205.30 million||$206.08 million||View||Listen|
|8/26/2014||Q414||$0.15||$0.18||$205.53 million||$205.36 million||View||N/A|
|5/8/2014||Q314||$0.14||$0.07||$194.42 million||$196.06 million||View||N/A|
|2/6/2014||Q214||$0.08||$0.13||$179.40 million||$178.40 million||View||N/A|
|8/21/2013||Q4 2013||$0.03||$0.09||$189.77 million||$181.10 million||View||N/A|
|11/7/2012||Q113||$0.16||$0.16||$200.94 million||$200.70 million||View||N/A|
Earnings Estimates for Ferroglobe PLC (NASDAQ:GSM)
Current Year EPS Consensus Estimate: $0.08 EPS
Next Year EPS Consensus Estimate: $0.78 EPS
Dividend History by Quarter for Ferroglobe PLC (NASDAQ GSM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Ferroglobe PLC (NASDAQ:GSM)
Insider Ownership Percentage: 13.07%Insider Trades by Quarter for Ferroglobe PLC (NASDAQ:GSM)
Institutional Ownership Percentage: 38.15%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/17/2014||Alan Kestenbaum||Major Shareholder||Sell||50,000||$20.06||$1,003,000.00|| |
|9/4/2014||Alan Kestenbaum||Major Shareholder||Sell||100,000||$20.32||$2,032,000.00|| |
|7/29/2014||Alan Kestenbaum||Major Shareholder||Sell||50,000||$20.24||$1,012,000.00|| |
|7/22/2014||Alan Kestenbaum||Major Shareholder||Sell||96,891||$20.76||$2,011,457.16|| |
|7/21/2014||Alan Kestenbaum||Chairman||Sell||25,000||$20.27||$506,750.00|| |
|7/11/2014||Alan Kestenbaum||Major Shareholder||Sell||49,900||$20.31||$1,013,469.00|| |
|6/27/2014||Alan Kestenbaum||Major Shareholder||Sell||50,500||$20.81||$1,050,905.00|| |
|6/11/2014||Alan Kestenbaum||Major Shareholder||Sell||52,561||$20.83||$1,094,845.63|| |
|5/30/2014||Alan Kestenbaum||Major Shareholder||Sell||150,000||$20.03||$3,004,500.00|| |
|5/20/2014||Jeff Bradley||CEO||Buy||20,000||$18.60||$372,000.00|| |
|4/15/2014||Alan Kestenbaum||major shareholder||Sell||50,000||$20.27||$1,013,500.00|| |
|4/3/2014||Alan Kestenbaum||major shareholder||Sell||92,499||$21.00||$1,942,479.00|| |
|8/30/2013||Jeff Bradley||CEO||Buy||10,000||$12.95||$129,500.00|| |
Headline Trends for Ferroglobe PLC (NASDAQ:GSM)
Latest Headlines for Ferroglobe PLC (NASDAQ:GSM)
Ferroglobe PLC (GSM) Chart for Tuesday, September, 26, 2017