Healthy Upside Potential: Ferroglobe Plc (GSM)

With 1.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.44 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $5.88 whereas the lowest price it dropped to was $5.75. The 52-week range on GSM shows that it touched its highest point at $6.78 and its lowest point at $4.26 during that stretch. It currently has a 1-year price target of $10.00. With its current market cap of 1.09 billion, GSM has annualized dividend of $0.01 while the current yield stands at 0.22%. Beta for the stock currently stands at 1.89.

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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 -2.69%, but this was up by 8.02% over a month. Three-month performance surged to 29.53% while six-month performance fell -3.66%. The stock gained 12.87% in the past year, while it has lost -11.06% so far this year. A look at the trailing 12-month EPS for GSM yields 0.34 with Next year EPS estimates of 0.57. For the next quarter, that number is 0.08. This implies an EPS growth rate of -66.90% for this year and 144.68% 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 11.57%.

Float and Shares Shorts:

At present, 188.88 million GSM shares are outstanding with a float of 111.32 million shares on hand for trading. On 2024-05-15, short shares totaled 2.11 million, which was 111.99999999999999 higher than short shares on 1713139200. 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 0.54129004 of GSM’s outstanding shares, institutional investors have minority control over the company.

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 2024-03-31, GSM reported revenue of $391854000.0 and operating income of $2561000.0. The EBITDA in the recently reported quarter was $19847000.0 and diluted EPS was -$0.01.

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.