NYSE:FOE - Ferro Stock Price, Forecast & News

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

Ferro Co. (NYSE:FOE) released its earnings results on Tuesday, July, 30th. The specialty chemicals company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.02. The specialty chemicals company earned $393.90 million during the quarter, compared to the consensus estimate of $415.39 million. Ferro had a return on equity of 27.03% and a net margin of 3.13%. The company's revenue was down 5.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.44 EPS. 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 FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $1.15-1.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.17.

7 Wall Street analysts have issued 12-month price targets for Ferro's shares. Their forecasts range from $12.00 to $23.00. On average, they expect Ferro's share price to reach $15.80 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Ferro.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferro in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ferro.

Media stories about FOE stock have been trending very negative recently, according to InfoTrie. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ferro earned a media sentiment score of -3.1 on InfoTrie's scale. They also gave news coverage about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Ferro.

Ferro saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,260,000 shares, an increase of 12.6% from the January 15th total of 5,560,000 shares. Based on an average daily trading volume, of 753,200 shares, the days-to-cover ratio is presently 8.3 days. Currently, 7.7% of the shares of the company are sold short. View Ferro's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferro investors own include Halliburton (HAL), Alibaba Group (BABA), GrubHub (GRUB), Gilead Sciences (GILD), Bank of America (BAC), Energy Transfer LP Unit (ET), Ford Motor (F), Twitter (TWTR), Broadcom (AVGO) and bluebird bio (BLUE).

Ferro's stock is owned by a number of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (6.45%), Gabelli Funds LLC (4.15%), Goldman Sachs Group Inc. (4.14%), State Street Corp (2.99%), Jennison Associates LLC (1.29%) and Bank of New York Mellon Corp (1.13%). 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 Jennison Associates LLC, Thrivent Financial for Lutherans, Bank of America Corp DE, Royce & Associates LP, Pinebridge Investments L.P., Arizona State Retirement System, Bank of New York Mellon Corp and Public Sector Pension Investment Board. Company insiders that have sold Ferro company stock in the last year include Benjamin Schlater, Mark Hugo Duesenberg and Peter T Thomas. View Insider Buying and Selling for Ferro.

FOE stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Penn Capital Management Co. Inc., Scopus Asset Management L.P., Credit Suisse AG, Gabelli Funds LLC, New York State Common Retirement Fund, Verdence Capital Advisors LLC and Massachusetts Financial Services Co. MA. 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 $14.71.

Ferro has a market capitalization of $1.21 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]