Ferro Stock Price, Forecast & Analysis (NYSE:FOE)

Ferro trades on the New York Stock Exchange (NYSE) under the ticker symbol "FOE."

Ferro Co. (NYSE:FOE) posted its quarterly earnings data on Tuesday, July, 30th. The specialty chemicals company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. The specialty chemicals company had revenue of $393.90 million for the quarter, compared to analyst estimates of $415.39 million. Ferro had a net margin of 3.13% and a return on equity of 27.03%. Ferro's quarterly revenue was down 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.44 earnings per share. View Ferro's Earnings History.

Ferro is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Ferro.

Ferro updated its FY19 earnings guidance on Tuesday, November, 12th. The company provided EPS guidance of $1.15-1.20 for the period, compared to the Thomson Reuters consensus estimate of $1.17.

6 brokers have issued 12-month price objectives for Ferro's shares. Their forecasts range from $12.00 to $23.00. On average, they expect Ferro's stock price to reach $16.60 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price. View Analyst Price Targets for Ferro.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferro in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ferro.

News coverage about FOE stock has been trending somewhat negative this week, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ferro earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media coverage about the specialty chemicals 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 next few days. View News Stories for Ferro.

Ferro saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 4,610,000 shares, an increase of 5.7% from the September 15th total of 4,360,000 shares. Based on an average daily trading volume, of 836,200 shares, the short-interest ratio is currently 5.5 days. Currently, 5.7% of the company's shares are sold short. View Ferro's Current Options Chain.

Some companies that are related to Ferro include Ecolab (ECL), Sherwin-Williams (SHW), Celanese (CE), International Flavors & Fragrances (IFF), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), Ashland Global (ASH), W. R. Grace & Co (GRA), Balchem (BCPC), Quaker Chemical (KWR), Sensient Technologies (SXT), HB Fuller (FUL), PolyOne (POL) and Innospec (IOSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferro investors own include Halliburton (HAL), Alibaba Group (BABA), Broadcom (AVGO), bluebird bio (BLUE), Celgene (CELG), Gilead Sciences (GILD), Horizon Therapeutics (HZNP), Netflix (NFLX), CVS Health (CVS) and Ford Motor (F).

Ferro's stock is owned by a number of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (6.27%), Gamco Investors INC. ET AL (5.02%), Gabelli Funds LLC (3.89%), Teton Advisors Inc. (1.40%), Skyline Asset Management LP (0.79%) and Smith Graham & Co. Investment Advisors LP (0.64%). Company insiders that own Ferro stock include Allen A Spizzo, Benjamin Schlater, David A Lorber, James Barna, Mark Hugo Duesenberg and Peter T Thomas. View Institutional Ownership Trends for Ferro.

FOE stock was sold by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, Gamco Investors INC. ET AL, First Trust Advisors LP, Keybank National Association OH, State of Tennessee Treasury Department, Essex Investment Management Co. LLC, Teton Advisors Inc. and LaSalle Street Capital Management LLC. Company insiders that have sold Ferro company stock in the last year include Benjamin Schlater, James Barna and Mark Hugo Duesenberg. View Insider Buying and Selling for Ferro.

FOE stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Assenagon Asset Management S.A., Ingalls & Snyder LLC, State of New Jersey Common Pension Fund D, Smith Graham & Co. Investment Advisors LP, California Public Employees Retirement System, State of Alaska Department of Revenue and SG Americas Securities LLC. Company insiders that have bought Ferro stock in the last two years include Allen A Spizzo, David A Lorber and Peter T Thomas. View Insider Buying and Selling for Ferro.

Shares of FOE 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 FOE stock can currently be purchased for approximately $13.04.

Ferro has a market capitalization of $1.07 billion and generates $1.61 billion in revenue each year. The specialty chemicals company earns $80.09 million in net income (profit) each year or $1.50 on an earnings per share basis. Ferro employs 6,059 workers across the globe.View Additional Information About Ferro.

The official website for Ferro is http://www.ferro.com/.

Ferro's mailing address is 6060 PARKLAND BLVD Suite 250, MAYFIELD HEIGHTS OH, 44124. The specialty chemicals company can be reached via phone at 216-875-5600 or via email at [email protected]