Ferro Corporation (FOE) EPS Estimated At $0.35

July 17, 2017 - By Michael Collier

 Ferro Corporation (FOE) EPS Estimated At $0.35
Investors sentiment decreased to 1.13 in 2016 Q4. Its down 0.10, from 1.23 in 2016Q3. It turned negative, as 17 investors sold Ferro Corporation shares while 61 reduced holdings. 39 funds opened positions while 49 raised stakes. 77.54 million shares or 0.96% more from 76.80 million shares in 2016Q3 were reported.
Credit Suisse Ag has invested 0% in Ferro Corporation (NYSE:FOE). Proshare Advisors Limited Liability Company holds 0% or 13,371 shares in its portfolio. 71,053 were reported by Blackrock Advsrs Ltd Llc. Great West Life Assurance Co Can reported 7,891 shares. Panagora Asset Mngmt Incorporated invested 0% of its portfolio in Ferro Corporation (NYSE:FOE). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management accumulated 0.01% or 106,400 shares. Vanguard Gru stated it has 0.01% in Ferro Corporation (NYSE:FOE). New York-based Blackrock has invested 0% in Ferro Corporation (NYSE:FOE). Aqr Capital Mgmt Limited Liability Company invested in 264,883 shares. Verition Fund Mgmt Ltd Com owns 12,298 shares. Goldman Sachs Group Inc holds 0% or 142,000 shares. Beach Inv Counsel Pa, Pennsylvania-based fund reported 26,627 shares. Oppenheimer & has 14,900 shares. Quantitative Investment Management Limited Liability Company stated it has 67,700 shares. Wellington Mgmt Gru Llp owns 1.04M shares for 0% of their portfolio.

Since March 9, 2017, it had 1 buying transaction, and 0 sales for $28,000 activity. Ross Andrew M also bought $28,000 worth of Ferro Corporation (NYSE:FOE) on Thursday, March 9.

Investors wait Ferro Corporation (NYSE:FOE) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.35 earnings per share, up $0.01 or 2.94 % from last year’s $0.34 same quarter earnings. This translates into $29.41 million profit for FOE giving the stock a 13.51 P/E. This is assuming the current $0.35 EPS is accurate. Ferro Corporation’s Wall Street analysts see 12.90 % EPS growth, taking into account the $0.31 EPS reproted in the previous quarter, The stock increased 0.26% or $0.05 during the last trading session, reaching $18.92. About 435,150 shares traded. Ferro Corporation (NYSE:FOE) has risen 24.49% since July 18, 2016 and is uptrending. It has outperformed by 7.79% the S&P500.

Ferro Corporation (NYSE:FOE) Ratings Coverage

Among 5 analysts covering Ferro (NYSE:FOE), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ferro had 9 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by Seaport Global on Wednesday, January 13 to “Buy”. The company was initiated on Wednesday, August 12 by Global Hunter Securities. The firm has “Outperform” rating given on Wednesday, September 23 by Oppenheimer. The rating was downgraded by Zacks on Tuesday, August 4 to “Buy”. Longbow upgraded the stock to “Buy” rating in Monday, June 5 report.

Ferro Corporation produces specialty materials that are sold to a range of manufacturers. The company has market cap of $1.59 billion. The Company’s divisions include Performance Coatings; Performance Colors and Glass, and Pigments, Powders and Oxides. It has a 34.78 P/E ratio. The Company’s Performance Coatings segment includes Tile Coating Systems and Porcelain Enamel.

More important recent Ferro Corporation (NYSE:FOE) news were published by: Seekingalpha.com which released: “Ferro Corporation’s (FOE) CEO Peter Thomas on Q4 2016 Results – Earnings Call …” on March 02, 2017, also Businesswire.com published article titled: “Ferro Launches Global Program to Increase Manufacturing Capacity and Optimize …”, Fool.com published: “Why Ferro Corporation Stock Popped Nearly 10% on Wednesday” on April 26, 2017. More interesting news about Ferro Corporation (NYSE:FOE) was released by: Seekingalpha.com and their article: “Ferro Corp. Of Interest To Paint Companies?” with publication date: February 20, 2017.

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