Glencore (GLEN) Share Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: 406.90 to 411.85
• 50-Day Range: 362.80 to 437.50
• 52-Week Range: 360.70 to 506.72
• Volume: 10.56 million shs
• Average Volume: 33.01 million shs
• Market Capitalization: £49.48 billion
• P/E Ratio: N/A
• Dividend Yield: 2.46%
• Price Target: GBX 516.25
• Consensus Rating: Moderate Buy

Glencore Stock Analysis - MarketRank™

Glencore scored higher than 54% 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: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Glencore has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Glencore has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Glencore is -13,563.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Glencore is -13,563.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Glencore has a PEG Ratio of 0.43. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Glencore has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GLEN.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Glencore pays a meaningful dividend of 2.45%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -7.59

Short Interest

There is no current short interest data available for GLEN.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.27

News Sentiment

Glencore has a news sentiment score of 0.27. 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 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

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

MarketBeat Follows

Only 2 people have added Glencore to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Glencore insiders have bought more of their company's stock than they have sold. Specifically, they have bought £12,270 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

10.35% of the stock of Glencore is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

47.32% of the stock of Glencore is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GLEN Stock Analysis - Frequently Asked Questions

How have GLEN shares performed this year?

Glencore's stock was trading at GBX 472.10 at the beginning of 2024. Since then, GLEN stock has decreased by 13.8% and is now trading at GBX 406.90.
View the best growth stocks for 2024 here.

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), BP (BP), Rio Tinto Group (RIO), NVIDIA (NVDA) and Meta Platforms (META).

Company Calendar

• Ex-Dividend for 9/20 Dividend: 8/29/2024
• Dividend Payable: 9/20/2024
• Today: 11/04/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: LON:GLEN
• CUSIP: N/A
• CIK: N/A
• Web: www.glencore.com
• Phone: +41-41-7092000
• Fax: N/A
• Employees: 83,426
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 516.25
• High Stock Price Target: GBX 550
• Low Stock Price Target: GBX 500
• Potential Upside/Downside: +26.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.89
• P/E Growth: 0.43
• Net Income: £-521,000,000.00
• Net Margins: -0.23%
• Pretax Margin: N/A
• Return on Equity: -5.09%
• Return on Assets: 2.54%

Debt

• Debt-to-Equity Ratio: 89.50
• Current Ratio: 1.30
• Quick Ratio: 0.32

Sales & Book Value

• Annual Sales: £227.50 billion
• Price / Sales: 0.22
• Cash Flow: GBX 16.57 per share
• Price / Cash Flow: 24.56
• Book Value: GBX 341 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 12,160,000,000
• Free Float: N/A
• Market Cap: £49.48 billion
• Optionable: Not Optionable
• Beta: 1.21