Should I buy or sell Ferroglobe stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferroglobe in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GSM shares. View GSM analyst ratings or view top-rated stocks .

What is Ferroglobe's stock price target for 2024?

1 brokerages have issued 12-month target prices for Ferroglobe's stock. Their GSM share price targets range from $11.00 to $11.00. On average, they predict the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 80.0% from the stock's current price. View analysts price targets for GSM or view top-rated stocks among Wall Street analysts .

How have GSM shares performed in 2023?

Ferroglobe's stock was trading at $3.85 on January 1st, 2023. Since then, GSM shares have increased by 58.7% and is now trading at $6.11. View the best growth stocks for 2023 here .

When is Ferroglobe's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our GSM earnings forecast .

How were Ferroglobe's earnings last quarter?

Ferroglobe PLC (NASDAQ:GSM) released its quarterly earnings data on Tuesday, November, 7th. The basic materials company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.06. The basic materials company had revenue of $416.81 million for the quarter, compared to the consensus estimate of $390.35 million. Ferroglobe had a trailing twelve-month return on equity of 25.45% and a net margin of 6.91%.

Is Ferroglobe a good dividend stock?

Ferroglobe (NASDAQ:GSM) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GSM will have a dividend payout ratio of 32.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GSM .

What is Jeff Bradley's approval rating as Ferroglobe's CEO?

5 employees have rated Ferroglobe Chief Executive Officer Jeff Bradley on Glassdoor.com . Jeff Bradley has an approval rating of 84% among the company's employees. 62.0% of employees surveyed would recommend working at Ferroglobe to a friend.

What other stocks do shareholders of Ferroglobe own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferroglobe investors own include CA (CA) , Energy Transfer (ET) , Endologix (ELGX) , BlackRock (BLK) , SandRidge Permian Trust (PER) , Cornerstone Total Return Fund (CRF) , CBL & Associates Properties (CBL) , Chipotle Mexican Grill (CMG) , Martin Midstream Partners (MMLP) and Transocean (RIG) .

Who are Ferroglobe's major shareholders?

Ferroglobe's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cooper Creek Partners Management LLC (7.31%), Hosking Partners LLP (2.77%), Boston Partners (2.27%), Maven Securities LTD (1.92%), Ameriprise Financial Inc. (0.75%) and First Eagle Investment Management LLC (0.66%). View institutional ownership trends .

How do I buy shares of Ferroglobe?

Shares of GSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Ferroglobe Stock Price, News & Analysis (NASDAQ:GSM)

$6.11

+0.10 (+1.66%)

(As of 12/7/2023 ET)

Compare

Today's Range: $6.00
▼
$6.18
50-Day Range: $4.41
▼
$6.12
52-Week Range: $3.64
▼
$6.24

Volume: 1.24 million shs
Average Volume: 1.15 million shs
Market Capitalization: $1.15 billion

P/E Ratio: 9.85
Dividend Yield: N/A
Price Target: $11.00

Ferroglobe MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 80.0% Upside
$11.00 Price Target
Short Interest: Healthy
2.50% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.21
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2.82%
From $0.71 to $0.73 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Basic Materials Sector

32nd out of 171 stocks

Other Industrial Metals & Mining Industry

1st out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
Ferroglobe has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.00, Ferroglobe has a forecasted upside of 80.0% from its current price of $6.11.
Amount of Analyst Coverage
Ferroglobe has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.50% of the float of Ferroglobe has been sold short.
Short Interest Ratio / Days to Cover
Ferroglobe has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ferroglobe has recently decreased by 2.94%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Ferroglobe does not currently pay a dividend.
Dividend Growth
Ferroglobe does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ferroglobe is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ferroglobe will have a dividend payout ratio of 32.88% next year. This indicates that Ferroglobe will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GSM.

2.1

News and Social Media Coverage

News Sentiment
Ferroglobe has a news sentiment score of -0.21. 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 lower news sentiment than the 0.46 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Ferroglobe this week, compared to 1 article on an average week.
Search Interest
9 people have searched for GSM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
11 people have added Ferroglobe to their MarketBeat watchlist in the last 30 days. This is an increase of 450% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ferroglobe insiders have not sold or bought any company stock.
Percentage Held by Insiders
13.07% of the stock of Ferroglobe is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.29% of the stock of Ferroglobe is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Ferroglobe are expected to grow by 2.82% in the coming year, from $0.71 to $0.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ferroglobe is 9.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ferroglobe is 9.85, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.13.
Price to Book Value per Share Ratio
Ferroglobe has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ferroglobe Stock (NASDAQ:GSM)

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. It provides silicone chemicals that are used in a range of applications, including personal care items, construction-related products, health care products, and electronics, as well as silicon metal for primary and secondary aluminum producers; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel. The company also offers ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; calcium silicon, which is used in the deoxidation and desulfurization of liquid steel, and production of coatings for cast iron pipes, as well as in the welding process of powder metal and in pyrotechnics; and nodularizers and inoculants, which are used in the production of iron. In addition, it provides silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon. Further, the company operates quartz mines in South Africa, Spain, the United States, and Canada; and low-ash metallurgical coal mines in the United States, as well as holds interests in hydroelectric power plant in France. It serves silicone chemical, aluminum, and steel manufacturers; auto companies and their suppliers; ductile iron foundries; manufacturers of photovoltaic solar cells and computer chips; and concrete producers. The company was formerly known as VeloNewco Limited and changed its name to Ferroglobe PLC in December 2015. The company was incorporated in 2015 and is headquartered in London, the United Kingdom.

GSM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GSM Stock News Headlines

December 6, 2023 | americanbankingnews.com

Ferroglobe (NASDAQ:GSM) Cut to "Buy" at StockNews.com

December 3, 2023 | americanbankingnews.com

Ferroglobe (NASDAQ:GSM) Sets New 52-Week High at $6.07

December 8, 2023 | Wealthpress (Ad)

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November 30, 2023 | americanbankingnews.com

Head to Head Comparison: Ferroglobe (NASDAQ:GSM) versus Dakota Territory Resource (OTCMKTS:DTRC)

November 29, 2023 | americanbankingnews.com

Ferroglobe (NASDAQ:GSM) Rating Increased to Strong-Buy at StockNews.com

November 23, 2023 | markets.businessinsider.com

3 Hidden-Gem Stocks Poised for a 500% Growth Spurt

November 11, 2023 | markets.businessinsider.com

Lucas Pipes Advocates for Ferroglobe PLC Buy Rating Amid Solid Q3 Results and Strategic Market Expansion

November 9, 2023 | finance.yahoo.com

Ferroglobe PLC (NASDAQ:GSM) Q3 2023 Earnings Call Transcript

December 8, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 8, 2023 | seekingalpha.com

Ferroglobe: Strong Quarter In Soft Market

November 8, 2023 | finanznachrichten.de

Ferroglobe PLC: Ferroglobe Reports Strong Third Quarter 2023 Financial Results

November 5, 2023 | morningstar.com

Ferroglobe PLC GSM

October 30, 2023 | finanznachrichten.de

Ferroglobe PLC: Ferroglobe Acquires Strategic High-purity Quartz Mine in the U.S.

October 30, 2023 | finance.yahoo.com

Ferroglobe Acquires Strategic High-purity Quartz Mine in the U.S.

October 25, 2023 | finance.yahoo.com

Ferroglobe PLC Schedules Third Quarter 2023 Earnings Call for November 8, 2023

October 23, 2023 | finance.yahoo.com

We Like Ferroglobe's (NASDAQ:GSM) Returns And Here's How They're Trending

October 6, 2023 | finance.yahoo.com

Those who invested in Ferroglobe (NASDAQ:GSM) three years ago are up 694%

September 25, 2023 | seekingalpha.com

Ferroglobe: Waiting For Strong Volume Growth Before Going In

September 22, 2023 | stocknews.com

Investing in Metals? These 3 Stocks Should Be on Your Radar

August 24, 2023 | msn.com

Ferroglobe, Secular Tailwinds For A Cyclical Miner

August 20, 2023 | finance.yahoo.com

One Ferroglobe PLC (NASDAQ:GSM) Analyst Just Slashed Their Estimates By A Noticeable 11%

August 17, 2023 | finance.yahoo.com

Ferroglobe PLC (NASDAQ:GSM) Q2 2023 Earnings Call Transcript

August 16, 2023 | finance.yahoo.com

Ferroglobe (GSM) Q2 Earnings Beat Estimates, Revenues Dip Y/Y

August 16, 2023 | finance.yahoo.com

Ferroglobe Second Quarter 2023 Earnings: Beats Expectations

August 15, 2023 | finanznachrichten.de

Ferroglobe PLC: Ferroglobe Reports Strong Second Quarter 2023 Financial Results

August 15, 2023 | msn.com

Ferroglobe: Nice Rebound Quarter And Almost Net Debt Free

August 15, 2023 | finance.yahoo.com

Why Ferroglobe Stock Is Gaining Today

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Other Industrial Metals & Mining
Sub-Industry: Diversified Metals & Mining
Sector: Basic Materials
Current Symbol: NASDAQ:GSM
CUSIP: 37954N20
CIK: 1639877
Web: www.ferroglobe.com
Phone: 447501308322
Fax: 212-798-8138
Employees: 3,265
Year Founded: 2015

Price Target and Rating

Average Stock Price Target: $11.00
High Stock Price Target: $11.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +80.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.62
Trailing P/E Ratio: 9.84
Forward P/E Ratio: 8.59
P/E Growth: N/A
Net Income: $440.31 million
Net Margins: 6.91%
Pretax Margin: 10.21%
Return on Equity: 25.45%
Return on Assets: 10.62%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 2.33
Quick Ratio: 1.45

Sales & Book Value

Annual Sales: $1.72 billion
Price / Sales: 0.66
Cash Flow: $3.49 per share
Price / Cash Flow: 1.75
Book Value: $4.04 per share
Price / Book: 1.51

Miscellaneous

Outstanding Shares: 187,434,000
Free Float: 162,936,000
Market Cap: $1.14 billion
Optionable: Optionable
Beta: 2.24

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Key Executives

Mr. Francisco Javier López Madrid (Age 58)
Executive Chairman
Comp: $2M
Dr. Marco Levi (Age 64)
CEO & Executive Director
Comp: $2.32M
Ms. Beatriz García-Cos Muntañola (Age 59)
CFO, IT & Principal Accounting Officer
Mr. Benjamin Crespy
Chief Operating Officer
Dr. Benoist Ollivier
Deputy CEO, Chief Technology & Innovation Officer
Mr. Gaurav Mehta
President of North America, EVP of Corporate Strategy, IR and IT & Transformation Director
Mr. Thomas Wiesner
Chief Legal Officer & Company Secretary
Cristina Feliu Roig
Executive Director of Communications, Branding & Public Affairs
Mr. Craig Arnold
Chief Commercial Officer and Executive VP of Sales & Marketing
Mr. David Girardeau
Chief People & Culture Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GSM Stock Analysis - Frequently Asked Questions

Should I buy or sell Ferroglobe stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferroglobe in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GSM shares.
View GSM analyst ratings or view top-rated stocks.
What is Ferroglobe's stock price target for 2024?: 1 brokerages have issued 12-month target prices for Ferroglobe's stock. Their GSM share price targets range from $11.00 to $11.00. On average, they predict the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 80.0% from the stock's current price.
View analysts price targets for GSM or view top-rated stocks among Wall Street analysts.
How have GSM shares performed in 2023?: Ferroglobe's stock was trading at $3.85 on January 1st, 2023. Since then, GSM shares have increased by 58.7% and is now trading at $6.11.
View the best growth stocks for 2023 here.
When is Ferroglobe's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our GSM earnings forecast.
How were Ferroglobe's earnings last quarter?: Ferroglobe PLC (NASDAQ:GSM) released its quarterly earnings data on Tuesday, November, 7th. The basic materials company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.06. The basic materials company had revenue of $416.81 million for the quarter, compared to the consensus estimate of $390.35 million. Ferroglobe had a trailing twelve-month return on equity of 25.45% and a net margin of 6.91%.
Is Ferroglobe a good dividend stock?: Ferroglobe (NASDAQ:GSM) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GSM will have a dividend payout ratio of 32.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GSM.

What is Jeff Bradley's approval rating as Ferroglobe's CEO?: 5 employees have rated Ferroglobe Chief Executive Officer Jeff Bradley on Glassdoor.com. Jeff Bradley has an approval rating of 84% among the company's employees. 62.0% of employees surveyed would recommend working at Ferroglobe to a friend.
What other stocks do shareholders of Ferroglobe own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ferroglobe investors own include CA (CA), Energy Transfer (ET), Endologix (ELGX), BlackRock (BLK), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), Chipotle Mexican Grill (CMG), Martin Midstream Partners (MMLP) and Transocean (RIG).
Who are Ferroglobe's major shareholders?: Ferroglobe's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cooper Creek Partners Management LLC (7.31%), Hosking Partners LLP (2.77%), Boston Partners (2.27%), Maven Securities LTD (1.92%), Ameriprise Financial Inc. (0.75%) and First Eagle Investment Management LLC (0.66%).
View institutional ownership trends.
How do I buy shares of Ferroglobe?: Shares of GSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:GSM) was last updated on 12/8/2023 by MarketBeat.com Staff

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