About Ferroglobe PLC (NASDAQ:GSM)
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:
- Industry: Specialty Mining & Metals
- Sub-Industry: Diversified Metals & Mining
- Sector: Basic Materials
- Symbol: NASDAQ:GSM
- CUSIP: 37954N20
- Web: www.glbsm.com
- Debt-to-Equity Ratio: 0.52%
- Current Ratio: 2.51%
- Quick Ratio: 1.42%
Sales & Book Value:
- Annual Sales: $1.58052 billion
- Price / Sales: 1.64
- Cash Flow: $0.49 per share
- Price / Cash: 30.50
- Book Value: $5.19 per share
- Price / Book: 2.91
- Trailing EPS: ($0.42)
- Net Income: ($378,790,000.00)
- Net Margins: -4.60%
- Return on Equity: -3.16%
- Return on Assets: -1.47%
- Outstanding Shares: 171,840,000
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 were Ferroglobe PLC's earnings last quarter?
Ferroglobe PLC (NASDAQ:GSM) issued its quarterly earnings data on Thursday, August, 25th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.02 by $0.03. The basic materials company had revenue of $397.95 million for 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?
3 equities research analysts have issued 12 month target prices for Ferroglobe PLC's stock. Their predictions range from $16.00 to $22.00. On average, they expect Ferroglobe PLC's share price to reach $18.33 in the next year. View Analyst Ratings for Ferroglobe PLC.
What are Wall Street 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. " (10/18/2017)
- 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 increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,091,053 shares, an increase of 41.5% from the October 13th total of 2,891,448 shares. Based on an average daily volume of 690,789 shares, the days-to-cover ratio is presently 5.9 days. Approximately 5.8% of the shares of the 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), RTI International Metals (RTI), Hi-Crush Partners LP (HCLP), Taseko Mines Ltd (USA) (TGB), Luxfer Holdings PLC (LXFR), Kenmare Resources plc (KMR), Amur Minerals (AMC), General Moly (GMO), Savannah Resources Plc (SAV), W Resources PLC (WRES), International Ferro Metals Limited (IFL), BMR Group plc (BMR), Eurasian Natural Resources Corp Ltd (ENRC), Sierra Rutile Ltd (SRX), Thor Mining Plc (THR), Wolf Minerals Limited (WLFE) and Xstrata Ltd (XTA).
Who are Ferroglobe PLC's key executives?
Ferroglobe PLC's management team includes the folowing people:
- Javier Lopez Madrid, Executive Chairman of the Board (Age 52)
- Pedro Larrea Paguaga, Chief Executive Officer (Age 53)
- Joseph D. Ragan III, Chief Financial Officer, Principal Accounting Officer (Age 55)
- Nicholas Deeming, Chief Legal Officer and Corporate Secretary (Age 63)
- Juan Villar-Mir de Fuentes, Director (Age 55)
- Donald G. Barger Jr., Independent Director (Age 74)
- Bruce L. Crockett, Independent Director (Age 73)
- Stuart E. Eizenstat, Independent Director (Age 74)
- Greger Hamilton, Independent Director (Age 50)
Who owns Ferroglobe PLC stock?
Ferroglobe PLC's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (2.47%), Boston Partners (2.44%), Frontier Capital Management Co. LLC (2.29%), Deprince Race & Zollo Inc. (1.57%), Thompson Siegel & Walmsley LLC (1.19%) and Russell Investments Group Ltd. (0.97%). 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 Thompson Siegel & Walmsley LLC, Formula Growth Ltd., Frontier Capital Management Co. LLC, B. Riley Financial Inc., Pembroke Management LTD, Boston Partners, Ameriprise Financial Inc. and King Luther Capital Management Corp. 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 Monarch Partners Asset Management LLC, HAP Trading LLC, Ninepoint Partners LP, Bank of New York Mellon Corp, Tocqueville Asset Management L.P., Jane Street Group LLC, Dimensional Fund Advisors LP and Cipher Capital LP. 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ferroglobe PLC's stock price today?
One share of Ferroglobe PLC stock can currently be purchased for approximately $15.09.
How big of a company is Ferroglobe PLC?
Ferroglobe PLC has a market capitalization of $2.59304 billion and generates $1.58052 billion in revenue each year. The basic materials company earns ($378,790,000.00) in net income (profit) each year or ($0.42) on an earnings per share basis.
How can I contact Ferroglobe PLC?
Ferroglobe PLC's mailing address is 600 BRICKELL AVE. SUITE 3100, MIAMI FL, 33131. The basic materials company can be reached via phone at 786-509-6900.
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.
Analysts' Consensus Rating for Ferroglobe PLC (NASDAQ:GSM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 0 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$18.33 (21.49% upside)|
Consensus Price Target History for Ferroglobe PLC (NASDAQ:GSM)
Analysts' Ratings History for Ferroglobe PLC (NASDAQ:GSM)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/26/2017||Stifel Nicolaus||Boost Price Target||Buy||$19.00 -> $22.00||N/A|
|10/5/2017||Jefferies Group LLC||Set Price Target||Buy||$17.00||N/A|
|9/3/2017||B. Riley||Reiterated Rating||Buy||$16.00||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 and Estimates Chart 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|
|11/20/2017|| || || || || || || || |
|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: $0.99 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%
Institutional Ownership Percentage: 38.39%
Insider Trades by Quarter for Ferroglobe PLC (NASDAQ GSM)
(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|| |
Latest Headlines for Ferroglobe PLC (NASDAQ GSM)
Ferroglobe PLC (NASDAQ GSM) Chart for Sunday, November, 19, 2017