Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. The company offers silicone chemicals used in a range of applications, including personal care items, construction-related products, health care products, and electronics, as well as silicon metal for primary and secondary aluminum producers; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel. It also provides ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; silico calcium, which is used in the deoxidation and desulfurization of liquid steel, and production of coatings for cast iron pipes, as well as in the welding process of powder metal; nodularizers and inoculants, which are used in the production of iron; and silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon. In addition, the company operates quartz mines in Spain, the United States, Canada, South Africa, and Mauritania; and low-ash metallurgical coal mines in the United States, as well as holds interests in hydroelectric power in Spain and France. It serves silicone chemical, aluminum, and steel manufacturers; auto companies and their suppliers; ductile iron foundries; manufacturers of photovoltaic solar cells and computer chips; and concrete producers. The company was formerly known as VeloNewco Limited and changed its name to Ferroglobe PLC in December 2015. The company was founded in 2015 and is headquartered in London, the United Kingdom. Ferroglobe PLC is a subsidiary of Grupo Villar Mir, S.A.U.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Primary smelting & refining of nonferrous metals
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
SymbolNASDAQ:GSM
CUSIP37954N20
Phone786-509-6900
Debt
Debt-to-Equity Ratio0.49
Current Ratio1.54
Quick Ratio0.66
Price-To-Earnings
Trailing P/E Ratio61.77
Forward P/E Ratio9.23
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.74 billion
Price / Sales0.79
Cash Flow$0.8006 per share
Price / Cash10.03
Book Value$5.46 per share
Price / Book1.47
Profitability
EPS (Most Recent Fiscal Year)$0.13
Net Income$-670,000.00
Net Margins3.59%
Return on Equity6.86%
Return on Assets3.02%
Miscellaneous
EmployeesN/A
Outstanding Shares171,980,000
Market Cap$1.26 billion
Ferroglobe (NASDAQ:GSM) Frequently Asked Questions
What is Ferroglobe's stock symbol?
Ferroglobe trades on the NASDAQ under the ticker symbol "GSM."
How often does Ferroglobe pay dividends? What is the dividend yield for Ferroglobe?
Ferroglobe declared a quarterly dividend on Monday, May 21st. Shareholders of record on Friday, June 8th will be paid a dividend of $0.06 per share on Friday, June 29th. This represents a $0.24 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend is Thursday, June 7th. View Ferroglobe's Dividend History.
How were Ferroglobe's earnings last quarter?
Ferroglobe PLC (NASDAQ:GSM) announced its earnings results on Monday, May, 21st. The basic materials company reported $0.19 EPS for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.03. The basic materials company had revenue of $560.70 million for the quarter, compared to analyst estimates of $559.12 million. Ferroglobe had a return on equity of 6.86% and a net margin of 3.59%. View Ferroglobe's Earnings History.
When is Ferroglobe's next earnings date?
What price target have analysts set for GSM?
5 brokers have issued 1 year price targets for Ferroglobe's stock. Their predictions range from $10.00 to $20.00. On average, they anticipate Ferroglobe's stock price to reach $15.20 in the next twelve months. This suggests a possible upside of 89.3% from the stock's current price. View Analyst Price Targets for Ferroglobe.
What is the consensus analysts' recommendation for Ferroglobe?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferroglobe in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ferroglobe.
What are Wall Street analysts saying about Ferroglobe stock?
Here are some recent quotes from research analysts about Ferroglobe stock:
- 1. According to Zacks Investment Research, "Ferroglobe PLC provides silicon and specialty metals. It produces silicon metal and silicon and manganese based alloy, serves in the specialty chemical, aluminum, solar, steel and ductile iron foundry industries. Ferroglobe PLC is headquartered in London, the United Kingdom. " (7/25/2018)
- 2. B. Riley analysts commented, "We expect F3Q results to be in line, but believe F4Q outlook could be slightly below consensus as the latest industry data suggests a mixed demand environment. Although the company is not exposed to the ongoing Chinese slowdown, a number of comm equipment companies such as Infinera (INFN) and Viavi (VIAV) have recently reported that the overall telecom spending environment remains choppy. This demand dynamic is due to several factors, particularly M&A activity, which could slow the ongoing US metro upgrade cycle. While India and the DCI (Datacenter Interconnect) segment continue to be robust growth drivers, we are uncertain if they will be strong enough to meet the Street’s Q/Q revenue growth expectation of +5.9%." (8/29/2017)
Who are some of Ferroglobe's key competitors?
Some companies that are related to Ferroglobe include Turquoise Hill Resources (TRQ), Olin (OLN), KURARAY Co Ltd/ADR (KURRY), Ube Industries (UBEOY), Vermilion Energy (VET), Evolution Mining (EVN), Linamar (LNR), Cameco (CCO), Crescent Point Energy (CPG), W. R. Grace & Co (GRA), BRP (DOO), Aperam (APMSF), Kirkland Lake Gold (KL), K&S (SDF) and Iluka Resources (ILU).
Who are Ferroglobe's key executives?
Ferroglobe's management team includes the folowing people:
- Mr. Francisco Javier López Madrid, Exec. Chairman (Age 53)
- Mr. Pedro Larrea Paguaga, CEO & Additional Director (Age 54)
- Mr. Joseph D. Ragan III, CFO & Principal Accounting Officer (Age 57)
- Mr. Nicholas Deeming, Chief Legal Officer & Corp. Sec. (Age 64)
- Mr. Alan Kestenbaum, Sr. Advisor (Age 56)
Has Ferroglobe been receiving favorable news coverage?
Media stories about GSM stock have been trending somewhat positive on Monday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ferroglobe earned a daily sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the basic materials company an impact score of 46.63 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Ferroglobe.
Who are Ferroglobe's major shareholders?
Ferroglobe's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Millennium Management LLC (3.98%), Paradice Investment Management LLC (3.01%), Frontier Capital Management Co. LLC (2.37%), Dimensional Fund Advisors LP (2.21%), Boston Partners (1.40%) and Pembroke Management LTD (1.11%). View Institutional Ownership Trends for Ferroglobe.
Which major investors are selling Ferroglobe stock?
GSM stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Thompson Siegel & Walmsley LLC, Boston Partners, OppenheimerFunds Inc., Formula Growth Ltd., B. Riley Financial Inc., California Public Employees Retirement System and Dimensional Fund Advisors LP. View Insider Buying and Selling for Ferroglobe.
Which major investors are buying Ferroglobe stock?
GSM stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Paradice Investment Management LLC, Massachusetts Financial Services Co. MA, Lansdowne Partners UK LLP, Pembroke Management LTD, Frontier Capital Management Co. LLC, Benefit Street Partners LLC and Ardsley Advisory Partners. View Insider Buying and Selling for Ferroglobe.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Ferroglobe's stock price today?
One share of GSM stock can currently be purchased for approximately $8.03.
How big of a company is Ferroglobe?
Ferroglobe has a market capitalization of $1.26 billion and generates $1.74 billion in revenue each year. The basic materials company earns $-670,000.00 in net income (profit) each year or $0.13 on an earnings per share basis.
How can I contact Ferroglobe?
Ferroglobe's mailing address is 600 BRICKELL AVE. SUITE 3100, MIAMI FL, 33131. The basic materials company can be reached via phone at 786-509-6900.
MarketBeat Community Rating for Ferroglobe (NASDAQ GSM)
MarketBeat's community ratings are surveys of what our community members think about Ferroglobe and other stocks. Vote "Outperform" if you believe GSM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GSM will underperform the S&P 500 over the long term. You may vote once every thirty days.
