Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, GlobalFoundries Inc’s stock clocked out at $41.96, down -1.69% from its previous closing price of $42.68. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 1.33 million shares were traded. GFS stock price reached its highest trading level at $42.75 during the session, while it also had its lowest trading level at $41.86.
Ratios:
To gain a deeper understanding of GFS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.15. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on August 07, 2024, Reiterated its Buy rating but revised its target price to $55 from $65 previously.
On May 13, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $62.
On April 16, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $71.Evercore ISI initiated its Outperform rating on April 16, 2024, with a $71 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 07 ’24 when EDELMAN MARTIN L bought 1,823 shares for $44.33 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GFS now has a Market Capitalization of 23152564224 and an Enterprise Value of 22982862848. As of this moment, GlobalFoundries’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.69, and their Forward P/E ratio for the next fiscal year is 21.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.38 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 3.337 whereas that against EBITDA is 9.529.
Stock Price History:
Over the past 52 weeks, GFS has reached a high of $62.61, while it has fallen to a 52-week low of $42.51. The 50-Day Moving Average of the stock is -14.77%, while the 200-Day Moving Average is calculated to be -19.78%.
Shares Statistics:
It appears that GFS traded 1.56M shares on average per day over the past three months and 1145300 shares per day over the past ten days. A total of 553.55M shares are outstanding, with a floating share count of 86.00M. Insiders hold about 84.52% of the company’s shares, while institutions hold 18.62% stake in the company. Shares short for GFS as of 1723680000 were 10730596 with a Short Ratio of 6.89, compared to 1721001600 on 11494119. Therefore, it implies a Short% of Shares Outstanding of 10730596 and a Short% of Float of 13.04.
Earnings Estimates
GlobalFoundries Inc (GFS) is presently subject to a detailed evaluation by 14.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.37, with high estimates of $0.42 and low estimates of $0.31.
Analysts are recommending an EPS of between $1.44 and $1.08 for the fiscal current year, implying an average EPS of $1.36. EPS for the following year is $1.9, with 15.0 analysts recommending between $2.34 and $1.28.
Revenue Estimates
In the current quarter, 13 analysts expect revenue to total $1.73B. It ranges from a high estimate of $1.73B to a low estimate of $1.72B. As of the current estimate, GlobalFoundries Inc’s year-ago sales were $1.85BFor the next quarter, 13 analysts are estimating revenue of $1.8B. There is a high estimate of $1.87B for the next quarter, whereas the lowest estimate is $1.77B.
A total of 18 analysts have provided revenue estimates for GFS’s current fiscal year. The highest revenue estimate was $6.87B, while the lowest revenue estimate was $6.68B, resulting in an average revenue estimate of $6.73B. In the same quarter a year ago, actual revenue was $7.39BBased on 18 analysts’ estimates, the company’s revenue will be $7.63B in the next fiscal year. The high estimate is $8.27B and the low estimate is $7.22B.
