An analyst sees good growth prospects for Ferroglobe Plc (GSM)

With 1.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.24 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $4.15 whereas the lowest price it dropped to was $4.0. The 52-week range on GSM shows that it touched its highest point at $6.78 and its lowest point at $3.99 during that stretch. It currently has a 1-year price target of $9.00. With its current market cap of 745.13 million, GSM has annualized dividend of $0.04 while the current yield stands at 0.96%. Beta for the stock currently stands at 1.82.

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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 -5.12%, but this was up by 1.24% over a month. Three-month performance dropped to -2.39% while six-month performance fell -23.60%. The stock lost -37.90% in the past year, while it has lost -37.33% so far this year. A look at the trailing 12-month EPS for GSM yields 0.24 with Next year EPS estimates of 0.48. For the next quarter, that number is -0.01. This implies an EPS growth rate of -62.03% for this year and 79.75% 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, 187.89 million GSM shares are outstanding with a float of 119.26 million shares on hand for trading. On 2024-11-29, short shares totaled 1.86 million, which was 99.00000000000001 higher than short shares on 1730332800. 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 0.52551 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 2024-09-30, GSM reported revenue of $433533000.0 and operating income of $40603000.0. The EBITDA in the recently reported quarter was $59502000.0 and diluted EPS was $0.1.

Analysts Ratings:

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 11.0 and a low target of 7.0, the average target price over the next 12 months is 9.0. Based on these targets, GSM could surge 169.61% to reach the target high and rise by 71.57% to reach the target low. Reaching the average price target will result in a growth of 120.59% from current levels.

Analysts have provided yearly estimates in a range of $0.27123 being high and $0.2673 being low. For GSM, this leads to a yearly average estimate of $0.2696.