In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, GlobalFoundries Inc’s stock clocked out at $36.86, down -1.05% from its previous closing price of $37.25. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 1.42 million shares were traded. GFS stock price reached its highest trading level at $38.3 during the session, while it also had its lowest trading level at $36.75.
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 6.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.14.
On November 20, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $47.
Morgan Stanley Downgraded its Overweight to Equal-Weight on October 28, 2024, whereas the target price for the stock was revised from $53 to $43.
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 Oct 02 ’24 when EDELMAN MARTIN L bought 4,866 shares for $38.76 per share.
EDELMAN MARTIN L bought 1,823 shares of GFS for $80,814 on Aug 07 ’24.
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 20370862080 and an Enterprise Value of 19275579392. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 2.856 whereas that against EBITDA is 8.395.
Stock Price History:
The Beta on a monthly basis for GFS is 1.52, which has changed by -0.29870623 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, GFS has reached a high of $61.98, while it has fallen to a 52-week low of $35.85. The 50-Day Moving Average of the stock is -10.51%, while the 200-Day Moving Average is calculated to be -16.44%.
Shares Statistics:
It appears that GFS traded 2.06M shares on average per day over the past three months and 2185500 shares per day over the past ten days. A total of 555.50M shares are outstanding, with a floating share count of 105.12M. Insiders hold about 81.08% of the company’s shares, while institutions hold 19.40% stake in the company. Shares short for GFS as of 1740700800 were 10975731 with a Short Ratio of 5.32, compared to 1738281600 on 11944838. Therefore, it implies a Short% of Shares Outstanding of 10975731 and a Short% of Float of 13.200000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
