Ferroglobe PLC (GSM) EPS Estimated At $0.19; Fil LTD Boosted By $9.48 Million Its Hollysys Automation Technolo (HOLI) Stake

April 23, 2018 - By Moses P. Lee

Analysts expect Ferroglobe PLC (NASDAQ:GSM) to report $0.19 EPS on May, 21.They anticipate $0.22 EPS change or 733.33% from last quarter’s $-0.03 EPS. GSM’s profit would be $32.66 million giving it 14.57 P/E if the $0.19 EPS is correct. After having $0.06 EPS previously, Ferroglobe PLC’s analysts see 216.67% EPS growth. The stock decreased 0.18% or $0.02 during the last trading session, reaching $11.07. About 615,202 shares traded. Ferroglobe PLC (NASDAQ:GSM) has risen 7.91% since April 23, 2017 and is uptrending. It has underperformed by 3.64% the S&P500.

Fil Ltd increased Hollysys Automation Technolo (HOLI) stake by 117.94% reported in 2017Q4 SEC filing. Fil Ltd acquired 430,708 shares as Hollysys Automation Technolo (HOLI)’s stock rose 7.79%. The Fil Ltd holds 795,915 shares with $17.73M value, up from 365,207 last quarter. Hollysys Automation Technolo now has $1.36 billion valuation. The stock decreased 2.38% or $0.55 during the last trading session, reaching $22.54. About 163,941 shares traded. Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) has risen 48.73% since April 23, 2017 and is uptrending. It has outperformed by 37.18% the S&P500.

Among 10 analysts covering Globe Specialty Metals (NASDAQ:GSM), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Globe Specialty Metals had 32 analyst reports since August 5, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Tuesday, November 28 report. The stock has “Neutral” rating by JP Morgan on Tuesday, November 15. As per Monday, March 21, the company rating was maintained by JP Morgan. Jefferies maintained the stock with “Buy” rating in Wednesday, August 30 report. J.P. Morgan upgraded Ferroglobe PLC (NASDAQ:GSM) rating on Monday, March 26. J.P. Morgan has “Buy” rating and $13.5000 target. The stock of Ferroglobe PLC (NASDAQ:GSM) has “Buy” rating given on Wednesday, November 29 by FBR Capital. The rating was maintained by Stifel Nicolaus on Friday, September 1 with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Monday, August 29. The rating was maintained by Oppenheimer with “Buy” on Wednesday, August 30. The company was maintained on Wednesday, July 19 by Jefferies.

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. The company has market cap of $1.90 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 75.82 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.

Fil Ltd decreased Leidos Hldgs Inc (NYSE:LDOS) stake by 129,724 shares to 4.01 million valued at $259.12M in 2017Q4. It also reduced Infosys Ltd (NYSE:INFY) stake by 1.07M shares and now owns 2.65 million shares. Cree Inc (NASDAQ:CREE) was reduced too.

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By1 Moses P. Lee

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