NASDAQ:GSM - Ferroglobe Stock Price, Forecast & News

Ferroglobe trades on the NASDAQ under the ticker symbol "GSM."

Ferroglobe PLC (NASDAQ:GSM) posted its quarterly earnings results on Monday, December, 2nd. The basic materials company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.08. The basic materials company earned $381.75 million during the quarter, compared to analysts' expectations of $397.30 million. Ferroglobe had a negative net margin of 11.96% and a negative return on equity of 8.27%. View Ferroglobe's Earnings History.

Ferroglobe is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Ferroglobe.

3 analysts have issued 12-month target prices for Ferroglobe's stock. Their forecasts range from $2.70 to $5.00. On average, they anticipate Ferroglobe's share price to reach $3.85 in the next twelve months. This suggests a possible upside of 290.9% from the stock's current price. View Analyst Price Targets for Ferroglobe.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferroglobe in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ferroglobe.

Headlines about GSM stock have been trending negative on Friday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ferroglobe earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Ferroglobe.

Ferroglobe saw a drop in short interest in December. As of December 31st, there was short interest totalling 968,300 shares, a drop of 43.0% from the December 15th total of 1,700,000 shares. Based on an average daily volume of 527,800 shares, the short-interest ratio is currently 1.8 days. Currently, 1.2% of the company's stock are short sold. View Ferroglobe's Current Options Chain.

Some companies that are related to Ferroglobe include Southern Copper (SCCO), Freeport-McMoRan (FCX), Compass Minerals International (CMP), Materion (MTRN), SunCoke Energy (SXC), U.S. Silica (SLCA), General Moly (GMO), United States Antimony (UAMY) and Revett Mining Company, Inc. (DE) (RVM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferroglobe investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Energy Transfer LP Unit (ET), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), Chipotle Mexican Grill (CMG), Transocean (RIG) and Och-Ziff Capital Management Group (OZM).

Shares of GSM 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, Robinhood, Fidelity and Charles Schwab.

One share of GSM stock can currently be purchased for approximately $0.98.

Ferroglobe has a market capitalization of $166.57 million and generates $2.27 billion in revenue each year. The basic materials company earns $43.66 million in net income (profit) each year or $0.28 on an earnings per share basis. Ferroglobe employs 4,368 workers across the globe.View Additional Information About Ferroglobe.

The official website for Ferroglobe is http://www.ferroglobe.com/.

Ferroglobe's mailing address is 57 Berkeley Square 2nd Floor West Wing, London X0, W1J 6ER. The basic materials company can be reached via phone at 203-129-2420.