Glencore (GLCNF) Stock Price, News & Analysis

Company Overview

Glencore plc is a Switzerland-based natural resources company engaged in the production, processing, refining, recycling, and marketing of commodities. Its activities span metals and minerals, energy products, and agricultural products, serving industrial customers and consumers worldwide.

The company produces and markets copper, cobalt, zinc, lead, nickel, ferroalloys, and other metals, as well as coal and oil-related products. Glencore also operates recycling businesses that recover metals from industrial materials and end-of-life products. Its agricultural activities include the sourcing, handling, processing, and marketing of grains, oilseeds, and other food and feed products.

Glencore traces its origins to a commodities trading business founded in 1974 by Marc Rich. It has since developed into an integrated mining and trading group with operations and commercial activities across Africa, Australia, Canada, South America, Europe, and other international markets. Gary Nagle has served as the company's chief executive officer since 2021.

Key Stats

• Today's Range: $7.67 to $7.82
• 50-Day Range: $7.23 to $8.47
• 52-Week Range: $4.35 to $8.56
• Volume: 10,329 shs
• Average Volume: 115,618 shs
• Market Capitalization: N/A
• P/E Ratio: 27.43
• Dividend Yield: 2.13%
• Price Target: $12.90
• Consensus Rating: N/A

Glencore Stock Analysis - MarketRank™

Glencore scored higher than 8% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Glencore.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Glencore is 27.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Glencore is 27.43, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 24.42.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Glencore has a short interest ratio ("days to cover") of 119.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Glencore has recently increased by 643.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Glencore is a leading dividend payer. It pays a dividend yield of 4.41%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Glencore does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Glencore is 58.52%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.24

News Sentiment

Glencore has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Glencore this week, compared to 3 articles on an average week.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Glencore insiders have not sold or bought any company stock.

Percentage Held by Institutions

21.16% of the stock of Glencore is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:GLCNF
• CIK: 1524684
• Web: www.glencore.com
• Phone: (141) 709-2000
• Fax: N/A
• Employees: 140,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Glencore: $12.90
• High Price Target: $12.90
• Low Price Target: $12.90
• Potential Upside/Downside: +66.8%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 27.43
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A