Glencore (GLNCY) Stock 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: $8.71 to $8.88
• 50-Day Range: $8.79 to $10.98
• 52-Week Range: $8.69 to $12.74
• Volume: 1.26 million shs
• Average Volume: 635,048 shs
• Market Capitalization: $54.17 billion
• P/E Ratio: N/A
• Dividend Yield: 2.48%
• Price Target: N/A
• Consensus Rating: Strong Buy

Glencore Stock Analysis - MarketRank™

Glencore scored higher than 57% 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: 1.9 / 5
• Proj. Earnings Growth: 51.72%

Earnings Growth

Earnings for Glencore are expected to grow by 51.72% in the coming year, from $0.58 to $0.88 per share.

Price to Earnings Growth Ratio

Glencore has a PEG Ratio of 10.00. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Glencore has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.00% of the outstanding shares of Glencore have been sold short.

Short Interest Ratio / Days to Cover

Glencore has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Glencore has recently decreased by 49.67%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Glencore pays a meaningful dividend of 2.51%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Sustainability

Based on earnings estimates, Glencore will have a dividend payout ratio of 25.00% next year. This indicates that Glencore will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

0.00% of the outstanding shares of Glencore have been sold short.

Short Interest Ratio / Days to Cover

Glencore has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Glencore has recently decreased by 49.67%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.90

News Sentiment

Glencore has a news sentiment score of 0.90. 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 0.47 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Glencore this week, compared to 1 article on an average week.

Search Interest

2 people have searched for GLNCY on MarketBeat in the last 30 days.

MarketBeat Follows

Only 2 people have added Glencore to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 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

Only 0.06% of the stock of Glencore is held by institutions.

GLNCY Stock Analysis - Frequently Asked Questions

How have GLNCY shares performed this year?

Glencore's stock was trading at $11.98 at the start of the year. Since then, GLNCY shares have decreased by 25.9% and is now trading at $8.88.
View the best growth stocks for 2024 here.

Does Glencore have any subsidiaries?

The following companies are subsidiaries of Glencore: ALE Combustiveis, TRT, Magdeburg, Sable Zinc, Biopetrol Industries, Access World Group, African Carbon Producers (Pty) Ltd, and more.

How do I buy shares of Glencore?

Shares of GLNCY 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.

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/30/2024
• Dividend Payable: 9/27/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Private households
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:GLNCY
• CUSIP: N/A
• CIK: 1524684
• Web: www.glencore.com
• Phone: (141) 709-2000
• Fax: 41-41-709-3000
• Employees: 140,000
• Year Founded: 1974

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 15.16
• P/E Growth: 10
• 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: $217.83 billion
• Price / Sales: 0.25
• Cash Flow: $1.69 per share
• Price / Cash Flow: 5.21
• Book Value: $6.27 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 6,100,356,000
• Free Float: N/A
• Market Cap: $53.62 billion
• Optionable: Not Optionable
• Beta: 1.30