Ferroglobe - GSM Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferroglobe in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GSM shares.
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2 Wall Street analysts have issued twelve-month price targets for Ferroglobe's shares. Their GSM share price forecasts range from $10.00 to $10.00. On average, they anticipate the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 138.7% from the stock's current price.
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Ferroglobe's stock was trading at $6.21 at the start of the year. Since then, GSM shares have decreased by 32.5% and is now trading at $4.19.
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Ferroglobe saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,850,000 shares, an increase of 41.2% from the October 31st total of 1,310,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the short-interest ratio is presently 1.2 days. Approximately 1.9% of the company's stock are sold short.
View Ferroglobe's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our GSM earnings forecast.

Ferroglobe PLC (NASDAQ:GSM) released its quarterly earnings data on Monday, March, 1st. The basic materials company reported ($0.47) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.46. The basic materials company earned $320.54 million during the quarter. Ferroglobe had a net margin of 18.41% and a trailing twelve-month return on equity of 101.74%.

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.

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).

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

Ferroglobe's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Rubric Capital Management LP (5.60%), Cannell & Co. (2.51%), Marshall Wace LLP (2.38%), Boston Partners (1.75%), Renaissance Technologies LLC (1.64%) and Barrow Hanley Mewhinney & Strauss LLC (1.61%).
View institutional ownership trends.

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.
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One share of GSM stock can currently be purchased for approximately $4.19.

Ferroglobe (NASDAQ:GSM) has a market capitalization of $784.84 million and generates $1.78 billion in revenue each year. The basic materials company earns $-110,620,000.00 in net income (profit) each year or $2.65 on an earnings per share basis.

The company employs 3,425 workers across the globe.

Ferroglobe's mailing address is 57 Berkeley Square 2nd Floor West Wing, London X0, W1J 6ER. The official website for the company is www.ferroglobe.com. The basic materials company can be reached via phone at 447501308322 or via fax at 212-798-8138.