NASDAQ:GSM - Ferroglobe Stock Price, Forecast & News

Ferroglobe's stock was trading at $0.4619 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GSM shares have decreased by 3.2% and is now trading at $0.4471. View which stocks have been mosted impacted by Coronavirus.

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

Ferroglobe is scheduled to release its next quarterly earnings announcement on Monday, June 1st 2020. View our earnings forecast for Ferroglobe.

Ferroglobe PLC (NASDAQ:GSM) posted its quarterly earnings results on Monday, March, 2nd. The basic materials company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.23) by $0.09. The basic materials company had revenue of $364.43 million for the quarter, compared to analyst estimates of $365.30 million. Ferroglobe had a negative return on equity of 15.45% and a negative net margin of 17.53%. View Ferroglobe's earnings history.

2 equities research analysts have issued 12 month price targets for Ferroglobe's shares. Their forecasts range from $5.00 to $5.00. On average, they anticipate Ferroglobe's share price to reach $5.00 in the next year. This suggests a possible upside of 1,018.3% from the stock's current price. View analysts' price targets for Ferroglobe.

Media coverage about GSM stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ferroglobe earned a news impact score of -1.6 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutFerroglobe.

Ferroglobe saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,439,800 shares, an increase of 5.1% from the February 27th total of 1,370,000 shares. Based on an average daily volume of 604,400 shares, the short-interest ratio is presently 2.4 days. Currently, 1.9% 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), United States Antimony (UAMY), General Moly (GMO) 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).

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

Ferroglobe's stock is owned by a variety of retail and institutional investors. Top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (3.39%), Massachusetts Financial Services Co. MA (1.60%), Royce & Associates LP (1.54%), Renaissance Technologies LLC (1.49%), Formula Growth Ltd. (0.64%) and Acadian Asset Management LLC (0.39%). View institutional ownership trends for Ferroglobe.

GSM stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Formula Growth Ltd., Acadian Asset Management LLC, Geode Capital Management LLC, California Public Employees Retirement System, and Stifel Financial Corp. View insider buying and selling activity for Ferroglobe.

GSM stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Royce & Associates LP, and Barrow Hanley Mewhinney & Strauss LLC. View insider buying and selling activity for Ferroglobe.

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 $0.45.

Ferroglobe has a market capitalization of $75.61 million and generates $1.60 billion in revenue each year. The basic materials company earns $-282,680,000.00 in net income (profit) each year or ($0.68) 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 5 Fleet Place, London X0, EC4M7RD. The basic materials company can be reached via phone at 203-129-2420.