Ferro Corporation (Ferro) produces specialty materials that are sold to a range of manufacturers. The Company's segments include Performance Coatings; Performance Colors and Glass, and Pigments, Powders and Oxides. Its Performance Coatings segment includes Tile Coating Systems and Porcelain Enamel. Its manufacturers make products for various end-use markets. The Company's products fall into two general categories: functional coatings, which perform specific functions in the manufacturing processes and end products of its customers, and color solutions, which provide aesthetic and performance characteristics to its customers' products. Its products are used in a range of product applications in markets, including appliances, automobiles, building and renovation, electronics, household furnishings, industrial products and packaging.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Specialty Chemicals
- Sub-Industry: Specialty Chemicals
- Symbol: NYSE:FOE
- CUSIP: 31540510
- Web: www.ferro.com
- Market Cap: $1.80361 billion
- Outstanding Shares: 83,694,000
- 50 Day Moving Avg: $19.47
- 200 Day Moving Avg: $17.54
- 52 Week Range: $12.35 - $21.66
Sales & Book Value:
- Trailing P/E Ratio: 152.84
- Foreward P/E Ratio: 14.97
- P/E Growth: 1.16
- Annual Revenue: $1.24 billion
- Price / Sales: 1.45
- Book Value: $3.76 per share
- Price / Book: 5.73
- EBIDTA: $174.53 million
- Net Margins: 1.06%
- Return on Equity: 35.05%
- Return on Assets: 7.69%
- Debt-to-Equity Ratio: 1.98%
- Current Ratio: 2.56%
- Quick Ratio: 1.61%
- Average Volume: 513,942 shs.
- Beta: 2.02
- Short Ratio: 1.87
Frequently Asked Questions for Ferro Corporation (NYSE:FOE)
What is Ferro Corporation's stock symbol?
Ferro Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "FOE."
How were Ferro Corporation's earnings last quarter?
Ferro Corporation (NYSE:FOE) released its quarterly earnings data on Wednesday, July, 26th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.04. The business had revenue of $348.60 million for the quarter, compared to analysts' expectations of $336.14 million. Ferro Corporation had a return on equity of 35.05% and a net margin of 1.06%. Ferro Corporation's revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.34 EPS. View Ferro Corporation's Earnings History.
When will Ferro Corporation make its next earnings announcement?
Where is Ferro Corporation's stock going? Where will Ferro Corporation's stock price be in 2017?
4 brokerages have issued twelve-month target prices for Ferro Corporation's stock. Their predictions range from $19.00 to $24.00. On average, they anticipate Ferro Corporation's share price to reach $22.00 in the next twelve months. View Analyst Ratings for Ferro Corporation.
Who are some of Ferro Corporation's key competitors?
Some companies that are related to Ferro Corporation include Cabot Corporation (CBT), Sensient Technologies Corporation (SXT), Platform Specialty Products Corporation (PAH), Trinseo S.A. (TSE), Kronos Worldwide (KRO), Minerals Technologies (MTX), Victrex plc (VCT), Stepan Company (SCL), Synthomer PLC (SYNT), Innospec (IOSP), Orion Engineered Carbons S.A (OEC), Elementis plc (ELM), AdvanSix (ASIX), Kraton Corporation (KRA), OM Group (OMG), OCI Partners LP (OCIP), KMG Chemicals (KMG) and Rayonier Advanced Materials (RYAM).
Who are Ferro Corporation's key executives?
Ferro Corporation's management team includes the folowing people:
- Peter T. Thomas, Chairman of the Board, President, Chief Executive Officer
- Benjamin Schlater, Chief Financial Officer, Vice President
- Mark Hugo Duesenberg, Vice President, General Counsel, Secretary
- Jose Tortajada, Vice President - Human Resources
- Gregory E. Hyland, Lead Independent Director
- Richard J. Hipple, Independent Director
- David A. Lorber, Independent Director
- Andrew M. Ross, Independent Director
- Allen A. Spizzo, Independent Director
Who owns Ferro Corporation stock?
Ferro Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include
GAMCO INVESTORS, INC. ET AL
(13.06%), Vanguard Group Inc. (8.07%), Gamco Investors INC. ET AL (6.97%), BlackRock Inc. (6.41%), Jennison Associates LLC (4.70%) and Gabelli Funds LLC (4.68%). Company insiders that own Ferro Corporation stock include Ann Killian and Ronald P Vargo. View Institutional Ownership Trends for Ferro Corporation.
Who sold Ferro Corporation stock? Who is selling Ferro Corporation stock?
Ferro Corporation's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, FMR LLC, Thompson Siegel & Walmsley LLC, Ameriprise Financial Inc., Arrowstreet Capital Limited Partnership, Jennison Associates LLC, Northpointe Capital LLC and Gamco Investors INC. ET AL. View Insider Buying and Selling for Ferro Corporation.
Who bought Ferro Corporation stock? Who is buying Ferro Corporation stock?
Ferro Corporation's stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Victory Capital Management Inc., Paradice Investment Management LLC, Goldman Sachs Group Inc., Thrivent Financial For Lutherans, Bank of Montreal Can, PDT Partners LLC and Kennedy Capital Management Inc.. View Insider Buying and Selling for Ferro Corporation.
How do I buy Ferro Corporation stock?
Shares of Ferro Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ferro Corporation's stock price today?
MarketBeat Community Rating for Ferro Corporation (NYSE FOE)MarketBeat's community ratings are surveys of what our community members think about Ferro Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ferro Corporation stock can currently be purchased for approximately $21.55.
Consensus Ratings for Ferro Corporation (NYSE:FOE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$22.00 (2.09% upside)|
Analysts' Ratings History for Ferro Corporation (NYSE:FOE)
(Data available from 9/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/23/2017||Longbow Research||Reiterated Rating||Buy||$22.00 -> $24.00||Low|
|7/31/2017||Deutsche Bank AG||Reiterated Rating||Buy||$20.00 -> $22.00||Medium|
|5/1/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$16.00 -> $19.00||Low|
|1/13/2016||Seaport Global Securities||Upgrade||Accumulate -> Buy||$15.00 -> $14.00||N/A|
Earnings History for Ferro Corporation (NYSE:FOE)Earnings History by Quarter for Ferro Corporation (NYSE FOE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$0.33||$0.37||$336.14 million||$348.60 million||View||N/A|
|4/25/2017||Q1 2017||$0.25||$0.31||$300.58 million||$320.56 million||View||N/A|
|3/1/2017||Q4 2016||$0.21||$0.27||$279.25 million||$281.30 million||View||Listen|
|11/2/2016||Q316||$0.27||$0.27||$284.08 million||$288.53 million||View||N/A|
|7/27/2016||Q216||$0.27||$0.34||$304.00 million||$297.97 million||View||N/A|
|4/26/2016||Q116||$0.21||$0.22||$281.70 million||$277.45 million||View||Listen|
|2/24/2016||Q415||$0.16||$0.19||$268.60 million||$264.99 million||View||Listen|
|11/4/2015||Q315||$0.22||$0.24||$280.78 million||$279.37 million||View||Listen|
|7/29/2015||Q215||$0.25||$0.20||$283.48 million||$268.20 million||View||Listen|
|4/29/2015||Q115||$0.18||$0.23||$274.60 million||$262.77 million||View||Listen|
|2/25/2015||Q4||$0.09||$0.13||$263.85 million||$260.93 million||View||Listen|
|10/27/2014||Q314||$0.14||$0.16||$282.10 million||$276.00 million||View||Listen|
|7/30/2014||Q214||$0.18||$0.19||$343.31 million||$294.20 million||View||Listen|
|4/23/2014||Q114||$0.15||$0.19||$411.05 million||$391.70 million||View||Listen|
|2/24/2014||Q413||$0.07||$0.09||$379.10 million||$374.00 million||View||Listen|
|10/24/2013||Q313||$0.10||$0.14||$399.21 million||$408.10 million||View||Listen|
|7/31/2013||Q2 2013||$0.11||($0.02)||$444.44 million||$435.46 million||View||Listen|
|4/24/2013||Q1 2013||$0.06||$0.10||$439.68 million||$418.00 million||View||Listen|
|3/5/2013||Q4 2012||($0.04)||($0.74)||$392.50 million||$405.90 million||View||Listen|
|10/29/2012||Q312||($0.03)||($0.02)||$449.00 million||$415.00 million||View||N/A|
Earnings Estimates for Ferro Corporation (NYSE:FOE)
2017 EPS Consensus Estimate: $1.16
2018 EPS Consensus Estimate: $1.49
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Ferro Corporation (NYSE:FOE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Ferro Corporation (NYSE:FOE)
Insider Ownership Percentage: 2.02%Insider Trades by Quarter for Ferro Corporation (NYSE:FOE)
Institutional Ownership Percentage: 96.56%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/17/2015||Ann Killian||VP||Sell||30,000||$10.99||$329,700.00|| |
|11/11/2015||Ronald P Vargo||Director||Buy||10,000||$11.60||$116,000.00|| |
|9/11/2015||David A. Lorber||Director||Buy||10,000||$12.23||$122,300.00|| |
|9/10/2015||Jeffry N Quinn||Director||Sell||275,000||$12.26||$3,371,500.00|| |
|8/24/2015||Peter T Thomas||CEO||Buy||20,000||$11.97||$239,400.00|| |
|6/16/2014||David A Lorber||Director||Buy||9,500||$12.20||$115,900.00|| |
|6/11/2014||Peter T Thomas||CEO||Buy||15,000||$12.40||$186,000.00|| |
|6/9/2014||Jeffry N Quinn||Director||Sell||232,393||$13.38||$3,109,418.34|| |
|8/7/2013||Peter Thomas||CEO||Buy||20,000||$6.80||$136,000.00|| |
|8/6/2012||Jeffrey L Rutherford||CFO||Buy||8,300||$3.03||$25,149.00|| |
Headline Trends for Ferro Corporation (NYSE:FOE)
Latest Headlines for Ferro Corporation (NYSE:FOE)
Ferro Corporation (FOE) Chart for Monday, September, 25, 2017