$0.21 EPS Expected for Ferroglobe PLC (GSM)

August 13, 2018 - By Sheila Pollock

Analysts expect Ferroglobe PLC (NASDAQ:GSM) to report $0.21 EPS on September, 4.They anticipate $0.16 EPS change or 320.00 % from last quarter’s $0.05 EPS. GSM’s profit would be $36.11M giving it 8.75 P/E if the $0.21 EPS is correct. After having $0.21 EPS previously, Ferroglobe PLC’s analysts see 0.00 % EPS growth. The stock decreased 2.26% or $0.17 during the last trading session, reaching $7.35. About 286,944 shares traded. Ferroglobe PLC (NASDAQ:GSM) has declined 2.18% since August 13, 2017 and is downtrending. It has underperformed by 14.75% the S&P500.

Ferroglobe PLC (NASDAQ:GSM) Ratings Coverage

Among 5 analysts covering Ferroglobe PLC (NASDAQ:GSM), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ferroglobe PLC had 7 analyst reports since February 26, 2018 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Wednesday, May 23 report. J.P. Morgan upgraded Ferroglobe PLC (NASDAQ:GSM) rating on Monday, March 26. J.P. Morgan has “Buy” rating and $13.5000 target. On Friday, May 18 the stock rating was maintained by FBR Capital with “Buy”. The stock of Ferroglobe PLC (NASDAQ:GSM) has “Buy” rating given on Monday, February 26 by FBR Capital. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 13 report. The stock has “Buy” rating by FBR Capital on Wednesday, May 23. Jefferies maintained Ferroglobe PLC (NASDAQ:GSM) rating on Monday, February 26. Jefferies has “Buy” rating and $19.0 target.

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. The company has market cap of $1.26 billion. The firm offers silicon metals that are used in personal care items, construction-related products, health care products, and electronics, as well as used in the manufacture of silicone chemicals; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel. It has a 29.88 P/E ratio. It also provides ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; silico calcium, which is used in the deoxidation and desulfurization of liquid steel, and production of coatings for cast iron pipes, as well as in the welding process of powder metal; nodularizers and inoculants, which are used in the production of iron; and silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon.

More important recent Ferroglobe PLC (NASDAQ:GSM) news were published by: Nasdaq.com which released: “Ferroglobe Receives Approval From 99.91% of Shareholders Voting to Effect Share Repurchases” on August 03, 2018, also Globenewswire.com published article titled: “Pool Corporation Announces Quarterly Cash Dividend”, Nasdaq.com published: “New Research: Key Drivers of Growth for CIRCOR International, AmeriGas Partners, Knoll, Ferroglobe, SEI …” on July 25, 2018. More interesting news about Ferroglobe PLC (NASDAQ:GSM) was released by: Nasdaq.com and their article: “Banner Corporation Reports Second Quarter Net Income of $32.4 Million, or $1.00 Per Diluted Share; Results …” with publication date: July 25, 2018.

Ferroglobe PLC (NASDAQ:GSM) Ratings Chart

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