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Glencore PLC (GB:GLEN)
LSE:GLEN
Glencore (GLEN) Share Price & Analysis
622 Followers
GLEN Stock Chart & Stats
Day’s Range0p - 0p
52-Week Range361.24p - 483.70p
Previous Close458.7p
Volume5.57M
Average Volume (3M)44.16M
Market Cap
£56.82B
Enterprise Value75.79B
Total Cash (Recent Filing)$1.93B
Total Debt (Recent Filing)$32.24B
Price to Earnings (P/E)16.6
Beta1.58
Next Earnings
Aug 07, 2024EPS Estimate
£0.12Next Dividend Ex-Date
Aug 29, 2024Dividend Yield7.6%
Share Statistics
EPS (TTM)0.28
Shares Outstanding12,153,410,818
10 Day Avg. Volume35,535,293
30 Day Avg. Volume44,155,226
Standard Deviation0.12
R-Squared0.44
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.91
Price to Sales (P/S)13.77
Price to Cash Flow (P/CF)7.10
P/FCF Ratio7.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit7.02
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
484.44pPrice Target Upside6.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Glencore News
PremiumCompany Announcements
Glencore Adjusts Bond Terms Amid Growth
PremiumCompany Announcements
Glencore Sets AGM Date and Reaffirms Sustainability GoalsPremiumCompany Announcements
Glencore Maintains Guidance with Strong Nickel Growth
Bulls Say, Bears Say
Bulls Say
Financial StrategyThe potential resumption of a US$10bn Net Debt target could underpin total capital returns of approximately US$4bn at year-end.
Growth ProspectsGlencore's management expects its $6.9bn all cash acquisition of Teck's met coal business to increase free cash flow significantly.
Strategic AssetsGlencore's largest shareholders reportedly believe the company should retain its coal assets, viewed as a 'cash cow' that strengthens the entire company.
Bears Say
Commodity PricesThermal coal price weakness is still a risk moving forward, although prices have already reset to more normalized levels.
Corporate RestructuringThe proposed split of Glencore into a metals and a coal business would introduce significant uncertainty with respect to the potential re-rating of the Metals Co.
Financial PerformanceGlencore reported $4.9bn net debt, almost $1bn above consensus expectations.
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Options Prices
Currently, No data available
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Ownership Overview
18.30% Insiders
19.92% Mutual Funds
8.20% Other Institutional Investors
53.58% Public Companies and Individual Investors
GLEN FAQ
What was Glencore PLC’s price range in the past 12 months?
Glencore PLC lowest share price was 361.24p and its highest was 483.70p in the past 12 months.
What is Glencore PLC’s market cap?
Currently, no data Available
When is Glencore PLC’s upcoming earnings report date?
Glencore PLC’s upcoming earnings report date is Aug 07, 2024 which is in 94 days.
How were Glencore PLC’s earnings last quarter?
Glencore PLC released its earnings results on Feb 21, 2024. The company reported -0.019p earnings per share for the quarter, missing the consensus estimate of 0.192p by -0.211p.
Is Glencore PLC overvalued?
According to Wall Street analysts Glencore PLC’s price is currently Undervalued.
Does Glencore PLC pay dividends?
Glencore PLC pays a Annually dividend of 5.15p which represents an annual dividend yield of 7.6%. See more information on Glencore PLC dividends here
What is Glencore PLC’s EPS estimate?
Glencore PLC’s EPS estimate is £0.12.
How many shares outstanding does Glencore PLC have?
Glencore PLC has 12,200,712,000 shares outstanding.
What happened to Glencore PLC’s price movement after its last earnings report?
Glencore PLC reported an EPS of -0.019p in its last earnings report, missing expectations of 0.192p. Following the earnings report the stock price went down -1.114%.
Which hedge fund is a major shareholder of Glencore PLC?
Currently, no hedge funds are holding shares in GB:GLEN
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Glencore Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
484.44p (6.33% Upside)
484.44p (6.33% Upside)
Blogger Sentiment
Bullish
GB:GLEN Sentiment 100%
Sector Average 71%
Sector Average 71%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.66%
12-Months-Change
Fundamentals
Return on Equity
9.23%
Trailing 12-Months
Asset Growth
-11.84%
Trailing 12-Months
Company Description
Glencore PLC
Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. After the 2013 merger with diversified miner Xstrata, the company now ranks as one of the world's largest commodity producers in its own right. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel and ferroalloys.
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GLEN Stock 12 Months Forecast
Average Price Target
484.44p
▲(6.33% Upside)
Technical Analysis
Best Analysts Covering GLEN
1 Year
1 Year Success Rate
20/23 ratings generated profit
1 Year Average Return
+24.00%
reiterated a buy rating 2 months ago
Copying Myles Allsop's trades and holding each position for 1 Year would result in 86.96% of your transactions generating a profit, with an average return of +24.00% per trade.
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