Ferroglobe Plc (NASDAQ: GSM) stock fell -1.20% on Monday to $4.93 against a previous-day closing price of $4.99. With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $5.0400 whereas the lowest price it dropped to was $4.8711. The 52-week range on GSM shows that it touched its highest point at $5.79 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 2.18.

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 up-trending over the past week, with a rise of 11.79%, but this was up by 11.29% over a month. Three-month performance dropped to -12.43% while six-month performance fell -1.79%. The stock gained 5.57% in the past year, while it has gained 28.05% so far this year. A look at the trailing 12-month EPS for GSM yields 0.63 with Next year EPS estimates of 0.72. For the next quarter, that number is 0.09. This implies an EPS growth rate of -80.29% for this year and 19.83% for next year.

Float and Shares Shorts:

At present, 188.88 million GSM shares are outstanding with a float of 105.51 million shares on hand for trading. On Oct 30, 2023, short shares totaled 2.72 million, which was 1.45% higher than short shares on Sep 28, 2023. In addition to Mr. Francisco Javier López Madrid as the firm’s Executive Chairman, Dr. Marco Levi serves as its CEO & Executive Director.


Institutional Ownership:

Through their ownership of 47.38% of GSM’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 9.37% of GSM, in contrast to 4.67% held by mutual funds. Shares owned by individuals account for 38.16%. As the largest shareholder in GSM with 7.31% of the stake, Cooper Creek Partners Management holds 13,707,933 shares worth 13,707,933. 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 6,749,677 shares or 3.60% 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 1.35% of GSM stock, is the second-largest Mutual Fund holder. It holds 2,535,928 shares valued at 11.54 million. Royce Small-Cap Opportunity Fund holds 0.71% of the stake in GSM, owning 1,327,171 shares worth 6.04 million.

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 143.41% to reach the target high and rise by 123.12% to reach the target low. Reaching the average price target will result in a growth of 133.27% from current levels.


Dividends & Yield:

In terms of dividends, GSM has a current ratio of $–, which is $– over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and GSM currently yields $7.85. In the past year, GSM’s dividend yield has been $7.85, but when looking at the stock over the past five years, its yield has been $–. Accordingly, GSM has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $– for the past five years.

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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