NASDAQ:GSM - Ferroglobe Stock Price, Forecast & News

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

Ferroglobe PLC (NASDAQ:GSM) posted its 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 brokers have issued 12 month price objectives for Ferroglobe's shares. Their forecasts range from $2.70 to $5.00. On average, they anticipate Ferroglobe's stock price to reach $3.85 in the next year. This suggests a possible upside of 327.8% 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.

News headlines about GSM stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Ferroglobe.

Ferroglobe saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 968,300 shares, a decrease of 43.0% from the December 31st total of 1,700,000 shares. Based on an average daily trading volume, of 536,800 shares, the short-interest ratio is presently 1.8 days. Currently, 1.2% of the company's shares 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 $0.90.

Ferroglobe has a market capitalization of $152.21 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.