NASDAQ:GSMFerroglobe Stock Price, Forecast & News

Ferroglobe's stock was trading at $0.4619 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GSM shares have increased by 68.6% and is now trading at $0.7789. View which stocks have been most 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 earnings results on Monday, March, 2nd. The basic materials company reported ($0.32) earnings per share for the quarter, missing the Thomson Reuters' 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 net margin of 17.53% and a negative return on equity of 15.45%. View Ferroglobe's earnings history.

2 Wall Street analysts have issued 12-month price objectives 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 541.9% from the stock's current price. View analysts' price targets for Ferroglobe.

Media headlines about GSM stock have trended extremely negative recently, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ferroglobe earned a news impact score of -4.8 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutFerroglobe.

Ferroglobe saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 939,100 shares, a drop of 8.8% from the April 30th total of 1,030,000 shares. Based on an average daily trading volume, of 396,800 shares, the short-interest ratio is currently 2.4 days. Approximately 1.2% of the shares of the stock are sold short. 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferroglobe investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Energy Transfer LP Unit (ET), Cornerstone Total Return Fund (CRF), SandRidge Permian Trust (PER), 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 Massachusetts Financial Services Co. MA (1.85%), Invesco Ltd. (0.95%), Adirondack Research & Management Inc. (0.29%), Two Sigma Advisers LP (0.22%), Connor Clark & Lunn Investment Management Ltd. (0.11%) and Acadian Asset Management LLC (0.08%). View institutional ownership trends for Ferroglobe.

GSM stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Two Sigma Investments LP, Adirondack Research & Management Inc., Invesco Ltd., Two Sigma Advisers LP, and Connor Clark & Lunn Investment Management Ltd.. View insider buying and selling activity for Ferroglobe.

GSM stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, and Russell Investments Group Ltd.. 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 $0.78.

Ferroglobe has a market capitalization of $131.73 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.

The official website for Ferroglobe is 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.