Ferroglobe PLC (NASDAQ:GSM – Get Rating) – Analysts at B. Riley issued their FY2023 earnings per share estimates for shares of Ferroglobe in a research note issued on Tuesday, September 13th. B. Riley analyst L. Pipes anticipates that the basic materials company will post earnings of $1.23 per share for the year. B. Riley currently has a "Buy" rating and a $12.00 target price on the stock. The consensus estimate for Ferroglobe's current full-year earnings is $3.10 per share.

Separately, StockNews.com raised shares of Ferroglobe from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 25th.

Ferroglobe Stock Performance

Institutional Investors Weigh In On Ferroglobe

Hedge funds and other institutional investors have recently bought and sold shares of the company. Counterpoint Mutual Funds LLC bought a new position in shares of Ferroglobe during the first quarter valued at $66,000. Royal Bank of Canada lifted its holdings in Ferroglobe by 1,379.7% during the 1st quarter. Royal Bank of Canada now owns 11,379 shares of the basic materials company's stock worth $88,000 after buying an additional 10,610 shares during the period. Keebeck Alpha LP bought a new stake in shares of Ferroglobe in the 1st quarter valued at about $91,000. Virtu Financial LLC acquired a new stake in shares of Ferroglobe in the first quarter valued at about $144,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of Ferroglobe during the first quarter worth about $168,000. Institutional investors own 40.06% of the company's stock.

Ferroglobe Company Profile

(Get Rating)

Ferroglobe PLC is a holding company, which engages in the production of silicon and specialty metals. Its products include silicon metal, manganese alloys, ferrosilicon, calcium silicon, and electrodes. It operates through the following segments: Electrometallurgy-North America, Electrometallurgy-Europe, Electrometallurgy-South Africa, and Other.

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