There is no doubt that Ferroglobe PLC (GSM) ticks all the boxes.

Ferroglobe PLC (NASDAQ: GSM) stock fell -4.24% on Monday to $5.20 against a previous-day closing price of $5.43. With 0.94 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.99 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $5.45 whereas the lowest price it dropped to was $5.17. The 52-week range on GSM shows that it touched its highest point at $6.74 and its lowest point at $3.64 during that stretch. It currently has a 1-year price target of $11.50. Beta for the stock currently stands at 2.23.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GSM was down-trending over the past week, with a drop of -2.07%, but this was down by -7.14% over a month. Three-month performance surged to 1.76% while six-month performance rose 21.50%. The stock lost -23.53% in the past year, while it has gained 35.06% so far this year. A look at the trailing 12-month EPS for GSM yields 0.83 with Next year EPS estimates of 0.92. For the next quarter, that number is 0.18. This implies an EPS growth rate of 474.10% for this year and 91.67% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 76.30%.

Float and Shares Shorts:

At present, 187.87 million GSM shares are outstanding with a float of 109.18 million shares on hand for trading. On Aug 30, 2023, short shares totaled 2.67 million, which was 1.42% higher than short shares on Jul 30, 2023. In addition to Mr. Francisco Javier López Madrid as the firm’s Exec. Chairman, Dr. Marco Levi serves as its CEO & Exec. Director.

Institutional Ownership:

Other institutions hold 8.28% of GSM, in contrast to 4.67% held by mutual funds. Shares owned by individuals account for 39.26%. As the largest shareholder in GSM with 7.50% of the stake, Cooper Creek Partners Management holds 14,057,439 shares worth 14,057,439. A second-largest stockholder of GSM, Wolf Hill Capital Management LP, holds 10,576,354 shares, controlling over 5.64% of the firm’s shares. Barrow, Hanley, Mewhinney & Strau is the third largest shareholder in GSM, holding 6,593,304 shares or 3.52% stake. With a 1.66% stake in GSM, the American Beacon Small Cap Value F is the largest stakeholder. A total of 3,111,546 shares are owned by the mutual fund manager. The John Hancock Disciplined Value In, which owns about 1.33% of GSM stock, is the second-largest Mutual Fund holder. It holds 2,495,512 shares valued at 13.3 million. Royce Small-Cap Opportunity Fund holds 0.71% of the stake in GSM, owning 1,327,171 shares worth 7.07 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, GSM reported revenue of $840.81M and operating income of $265.30M. The EBITDA in the recently reported quarter was $285.48M and diluted EPS was $0.98.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GSM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With GSM analysts setting a high price target of $12.00 and a low target of $11.00, the average target price over the next 12 months is $11.50. Based on these targets, GSM could surge 130.77% to reach the target high and rise by 111.54% to reach the target low. Reaching the average price target will result in a growth of 121.15% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded GSM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.

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