Ferroglobe (NASDAQ:GSM - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Ferroglobe to post earnings of $0.16 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
Ferroglobe (NASDAQ:GSM - Get Free Report) last issued its quarterly earnings results on Monday, August 5th. The basic materials company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.08 by $0.05. The firm had revenue of $451.05 million for the quarter, compared to analysts' expectations of $425.55 million. Ferroglobe had a net margin of 4.11% and a return on equity of 11.27%. During the same period in the previous year, the firm posted $0.30 EPS. On average, analysts expect Ferroglobe to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Ferroglobe Stock Down 1.4 %
Shares of NASDAQ:GSM traded down $0.06 during midday trading on Wednesday, reaching $4.22. The company had a trading volume of 795,356 shares, compared to its average volume of 1,356,536. Ferroglobe has a 1-year low of $4.07 and a 1-year high of $6.78. The stock has a market cap of $790.97 million, a PE ratio of 12.59 and a beta of 1.83. The company has a quick ratio of 0.91, a current ratio of 1.63 and a debt-to-equity ratio of 0.02. The business's 50 day moving average price is $4.38 and its 200 day moving average price is $5.05.
Ferroglobe Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 20th were paid a $0.013 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.05 annualized dividend and a dividend yield of 1.23%. Ferroglobe's dividend payout ratio is presently 14.71%.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Ferroglobe from a "hold" rating to a "buy" rating in a research report on Wednesday, August 7th.
Check Out Our Latest Research Report on GSM
About Ferroglobe
(
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Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based ferroalloys in the United States, Europe, and internationally. It provides silicone chemicals that are used in a range of applications, including personal care items, construction-related products, health care products, and electronics; and silicon metal for primary and secondary aluminum producers.
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