Free Trial
LON:GLEN

Glencore (GLEN) Share Price, News & Analysis

Today's Range
N/A
50-Day Range
379.35
483.05
52-Week Range
N/A
Volume
26.62 million shs
Average Volume
33.19 million shs
Market Capitalization
£44.89 billion
P/E Ratio
N/A
Dividend Yield
2.51%
Price Target
GBX 531.25

Glencore MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
∞ Upside
GBX 531.25 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.59
Upright™ Environmental Score
News Sentiment
0.19mentions of Glencore in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
£1.23 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.26 out of 5 stars

GLEN stock logo

About Glencore Stock (LON:GLEN)

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution. It also operates marketing and distribution of physical commodities sourced from third party producers and company's production to industrial consumers, including the battery, electronic, construction, automotive, steel, energy, and oil industries. In addition, the company provides financing, logistics, and other services to producers and consumers of commodities. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

GLEN Stock News Headlines

Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
Glencore plc (LON:GLEN) Plans $0.07 Dividend
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
See More Headlines
Receive GLEN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Glencore and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 9/20 Dividend
8/29/2024
Today
9/07/2024
Dividend Payable
9/20/2024

Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
83,426
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 531.25
High Stock Price Target
GBX 560
Low Stock Price Target
GBX 500
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
£-521,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£227.50 billion
Book Value
GBX 341 per share

Miscellaneous

Outstanding Shares
12,160,000,000
Free Float
N/A
Market Cap
£44.89 billion
Optionable
Not Optionable
Beta
1.25
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Gary Nagle (Age 49)
    CEO & Director
    Comp: $4.58M
  • Mr. Steven Kalmin (Age 53)
    Chief Financial Officer
    Comp: $242k
  • Mr. Martin Fewings
    Head of Investor Relations & Communications
  • Shaun Teichner
    General Counsel
  • Mr. Derrick Crowley
    Head of Human Resources
  • Mr. Dawid Myburgh
    Chief Geologist
  • Japie Fullard
    Head of Ferroalloys Assets
  • Jason Kluk
    Head of Ferroalloys & Nickel Marketing
  • Ruan Van Schalkwyk
    Head of Coal Marketing
  • Alex Sanna
    Head of Oil Marketing

Should I Buy Glencore Stock? GLEN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Glencore plc:

  • Glencore insider Martin J. Gilbert recently purchased 3,000 shares of the company's stock, indicating confidence in the company's future prospects.
  • Glencore's stock price has shown resilience, trading at GBX 415.20 on recent trading days, with a 1-year high of GBX 506.72, suggesting potential for growth.
  • Analysts have issued positive ratings on Glencore, with a consensus target price of GBX 531.25, indicating optimism about the company's performance.
  • Glencore operates in multiple regions globally, engaging in the production, refinement, and marketing of metals, minerals, and energy products, providing diversified revenue streams.
  • The company's debt-to-equity ratio of 89.50, while high, may indicate leverage for growth opportunities in its operations.

Cons

Investors should be bearish about investing in Glencore plc for these reasons:

  • Glencore's PE ratio of -13,840.00 may raise concerns about the company's profitability and valuation metrics.
  • The company's quick ratio of 0.32 and current ratio of 1.30 suggest potential liquidity challenges in the short term.
  • Glencore's stock has experienced volatility, with a 1-year low of GBX 365.31, indicating potential risks associated with market fluctuations.
  • The company's beta of 1.25 implies higher volatility compared to the market average, which may not align with risk-averse investment strategies.
  • While Glencore has received positive analyst ratings, the company's negative PE ratio and high debt-to-equity ratio could pose long-term financial risks.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these Glencore pros and cons to contact@marketbeat.com.

GLEN Stock Analysis - Frequently Asked Questions

How do I buy shares of Glencore?

Shares of GLEN stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Glencore own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Glencore investors own include Barclays (BARC), Lloyds Banking Group (LLOY), Glencore (GLNCY), Centamin (CEY), Anglo American (AAL), Rio Tinto Group (RIO) and HSBC (HSBA).

This page (LON:GLEN) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners