Ferroglobe (GSM) Stock Price, News & Analysis

Company Overview

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. The company also offers silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel. In addition, it offers ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; calcium silicon, which is used in the deoxidation and desulfurization of liquid steel, and production of coatings for cast iron pipes, as well as in the welding process of powder metal and in pyrotechnics; and nodularizers and inoculants, which are used in the production of iron. Further, the company provides silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon. Additionally, it operates quartz mines in South Africa, Spain, the United States, and Canada; and low-ash metallurgical coal mines in the United States; and a charcoal production facility in South Africa, as well as holds interests in hydroelectric power plant in France. The company serves silicone chemical producers; aluminum and steel manufacturers; auto companies and their suppliers; ductile iron foundries; manufacturers of photovoltaic solar cells and computer chips; and concrete producers. Ferroglobe PLC was formerly known as VeloNewco Limited and changed its name to Ferroglobe PLC in December 2015. The company was incorporated in 2015 and is headquartered in London, the United Kingdom.

Key Stats

• Today's Range: $4.40 to $4.55
• 50-Day Range: $4.03 to $4.96
• 52-Week Range: $3.99 to $6.78
• Volume: 259,785 shs
• Average Volume: 1.36 million shs
• Market Capitalization: $834.06 million
• P/E Ratio: 18.54
• Dividend Yield: 1.12%
• Price Target: N/A
• Consensus Rating: N/A

Ferroglobe Stock Analysis - MarketRank™

Ferroglobe scored higher than 94% of companies evaluated by MarketBeat, and ranked 23rd out of 189 stocks in the basic materials sector. 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 Ferroglobe.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 75.00%

Earnings Growth

Earnings for Ferroglobe are expected to grow by 75.00% in the coming year, from $0.28 to $0.49 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ferroglobe is 18.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ferroglobe is 18.54, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.49.

Price to Book Value per Share Ratio

Ferroglobe has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.58% of the float of Ferroglobe has been sold short.

Short Interest Ratio / Days to Cover

Ferroglobe has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ferroglobe has recently decreased by 7.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Ferroglobe pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Ferroglobe is 20.83%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Ferroglobe will have a dividend payout ratio of 10.20% next year. This indicates that Ferroglobe will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.58% of the float of Ferroglobe has been sold short.

Short Interest Ratio / Days to Cover

Ferroglobe has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ferroglobe has recently decreased by 7.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.72

News Sentiment

Ferroglobe has a news sentiment score of 0.72. 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 higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Ferroglobe this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for GSM on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

13.07% of the stock of Ferroglobe is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

89.64% of the stock of Ferroglobe is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GSM Stock Analysis - Frequently Asked Questions

How have GSM shares performed this year?

Ferroglobe's stock was trading at $6.51 at the beginning of the year. Since then, GSM shares have decreased by 31.6% and is now trading at $4.45.
View the best growth stocks for 2024 here.

How were Ferroglobe's earnings last quarter?

Ferroglobe PLC (NASDAQ:GSM) released its quarterly earnings data on Wednesday, November, 6th. The basic materials company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.05. The basic materials company earned $433.53 million during the quarter, compared to the consensus estimate of $443.50 million. Ferroglobe had a net margin of 2.74% and a trailing twelve-month return on equity of 7.55%.

Who are Ferroglobe's major shareholders?

Ferroglobe's top institutional shareholders include Old West Investment Management LLC (2.01%), Bank of Montreal Can (1.86%), Old West Investment Management LLC (1.55%) and Royce & Associates LP (1.45%).
View institutional ownership trends.

How do I buy shares of Ferroglobe?

Shares of GSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ferroglobe own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ferroglobe investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), General Electric (GE), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/20/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 11/06/2024
• Today: 11/21/2024
• Ex-Dividend for 12/27 Dividend: 12/20/2024
• Dividend Payable: 12/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Metal mining
• Sub-Industry: Diversified Metals & Mining
• Current Symbol: NASDAQ:GSM
• CUSIP: 37954N20
• CIK: 1639877
• Web: www.ferroglobe.com
• Phone: 447501308322
• Fax: 212-798-8138
• Employees: 3,403
• Year Founded: 2015

Profitability

• EPS (Most Recent Fiscal Year): $0.24
• Trailing P/E Ratio: 18.67
• Forward P/E Ratio: 16.00
• P/E Growth: N/A
• Net Income: $82.66 million
• Net Margins: 2.74%
• Pretax Margin: 4.11%
• Return on Equity: 7.55%
• Return on Assets: 3.95%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 1.83
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $1.65 billion
• Price / Sales: 0.51
• Cash Flow: $1.18 per share
• Price / Cash Flow: 3.80
• Book Value: $4.64 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 187,434,000
• Free Float: 162,936,000
• Market Cap: $839.70 million
• Optionable: Optionable
• Beta: 1.88