FOE - Ferro Corporation

NYSE - NYSE Delayed Price. Currency in USD
14.43
+0.13 (+0.91%)
At close: 4:02PM EST
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Previous Close14.30
Open14.31
Bid14.46 x 800
Ask14.47 x 800
Day's Range14.27 - 14.55
52 Week Range9.73 - 21.28
Volume394,399
Avg. Volume704,857
Market Cap1.2B
Beta (3Y Monthly)2.19
PE Ratio (TTM)24.97
EPS (TTM)0.58
Earnings DateFeb 25, 2020 - Mar 2, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2009-02-11
1y Target Est16.67
  • Bloomberg

    Chemicals Maker Ferro to Explore Potential Sale

    (Bloomberg) -- Ferro Corp., a maker of coatings for everything from dinnerware to windows, is exploring strategic options, including a sale, according to people familiar with the matter.The Mayfield Heights, Ohio-based company is working with financial advisers, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and Ferro could opt to remain independent, the people said.Ferro’s shares rose more than 12% on the news. The stock was up 8% to $13.72 at 1:25 p.m. in New York trading, giving the company a market value of about $1.1 billion.A representative for Ferro didn’t respond to requests for comment.Ferro is exploring a sale amid heavy consolidation among chemical companies with coatings operations, as tepid growth and volatile commodity prices spurs industry players to pair up. Car-paint maker Axalta Coating Systems Ltd. is exploring a sale while chemicals maker Celanese Corp. is undertaking a strategic review that could include a breakup, people familiar with those matters have said.Ferro has been in the takeover spotlight before. It received a takeover approach in 2016 from Apollo Global Management after an activist investor in its stock said it should explore a sale, people familiar with the matter said at the time.Incorporated in 1919, Ferro makes coatings and other products for manufacturers of automobile parts, construction materials, auto parts and electronic components, according to its website. Its products are used for coloring as well as improving texture and durability.(Updates Ferro shares in third paragraph.)To contact the reporters on this story: Kiel Porter in Chicago at kporter17@bloomberg.net;Myriam Balezou in London at mbalezou@bloomberg.netTo contact the editors responsible for this story: Liana Baker at lbaker75@bloomberg.net, ;Dinesh Nair at dnair5@bloomberg.net, Matthew Monks, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Earnings Miss: Ferro Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts
    Simply Wall St.

    Earnings Miss: Ferro Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts

    It's shaping up to be a tough period for Ferro Corporation (NYSE:FOE), which a week ago released some disappointing...

  • Thomson Reuters StreetEvents

    Edited Transcript of FOE earnings conference call or presentation 12-Nov-19 2:00pm GMT

    Q3 2019 Ferro Corp Earnings Call

  • Ferro (FOE) Earnings Surpass Estimates in Q3, Revenues Lag
    Zacks

    Ferro (FOE) Earnings Surpass Estimates in Q3, Revenues Lag

    Lower sales across all segments hurt Ferro's (FOE) revenues in Q3. The company expects macroeconomic uncertainties to continue through the balance of 2019.

  • Ferro (FOE) Beats Q3 Earnings Estimates
    Zacks

    Ferro (FOE) Beats Q3 Earnings Estimates

    Ferro (FOE) delivered earnings and revenue surprises of 20.69% and -1.51%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    Ferro Reports Third-Quarter 2019 Results

    Macro-economic Uncertainties Continued to Pressure Top Line; Gross Profit Margin Improved Over Prior Year; 2019 Guidance Update Revised for Foreign Exchange

  • Moody's

    Ferro Corporation -- Moody's announces completion of a periodic review of ratings of Ferro Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ferro Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Business Wire

    Ferro Schedules Conference Call for Third Quarter 2019 Results

    Ferro Corporation today announced the following details for its third quarter 2019 conference call.

  • Hedge Funds Aren’t Crazy About Ferro Corporation (FOE) Anymore
    Insider Monkey

    Hedge Funds Aren’t Crazy About Ferro Corporation (FOE) Anymore

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […]

  • Does Ferro Corporation (NYSE:FOE) Create Value For Shareholders?
    Simply Wall St.

    Does Ferro Corporation (NYSE:FOE) Create Value For Shareholders?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Moody's

    Ferro Corporation -- Moody's has changed Ferro's outlook to negative from stable, affirmed its Ba3 Ratings

    Moody's Investors Service (Moody's) has changed Ferro Corporation's (Ferro) outlook to negative from stable. At the same time, Moody's has affirmed the company's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating and other instrument ratings. "The negative outlook reflects Ferro's weak operating results and elevated debt leverage as a result of the slowing economy, customer destocking and foreign currency depreciation.

  • New Strong Sell Stocks for October 15th
    Zacks

    New Strong Sell Stocks for October 15th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

  • Ferro (NYSE:FOE) Use Of Debt Could Be Considered Risky
    Simply Wall St.

    Ferro (NYSE:FOE) Use Of Debt Could Be Considered Risky

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Are Investors Undervaluing Ferro Corporation (NYSE:FOE) By 28%?
    Simply Wall St.

    Are Investors Undervaluing Ferro Corporation (NYSE:FOE) By 28%?

    Today we will run through one way of estimating the intrinsic value of Ferro Corporation (NYSE:FOE) by taking the...

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    3 Top Value Stocks to Buy Right Now

    When the market gets tough, the tough go bargain hunting.

  • New Strong Sell Stocks for August 26th
    Zacks

    New Strong Sell Stocks for August 26th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

  • GuruFocus.com

    Loukas Stephen Buys Medley Capital Corp, Sells Ferro Corp

    Greenwich, CT, based Investment company Loukas Stephen (Current Portfolio) buys Medley Capital Corp, sells Ferro Corp during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Loukas Stephen. Continue reading...

  • Have Insiders Been Buying Ferro Corporation (NYSE:FOE) Shares This Year?
    Simply Wall St.

    Have Insiders Been Buying Ferro Corporation (NYSE:FOE) Shares This Year?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

  • Thomson Reuters StreetEvents

    Edited Transcript of FOE earnings conference call or presentation 31-Jul-19 12:00pm GMT

    Q2 2019 Ferro Corp Earnings Call

  • How Does Ferro Corporation (NYSE:FOE) Affect Your Portfolio Volatility?
    Simply Wall St.

    How Does Ferro Corporation (NYSE:FOE) Affect Your Portfolio Volatility?

    If you're interested in Ferro Corporation (NYSE:FOE), then you might want to consider its beta (a measure of share...

  • Ferro (FOE) Q2 2019 Earnings Call Transcript
    Motley Fool

    Ferro (FOE) Q2 2019 Earnings Call Transcript

    FOE earnings call for the period ending June 30, 2019.

  • Ferro (FOE) Q2 Earnings Surpass Estimates
    Zacks

    Ferro (FOE) Q2 Earnings Surpass Estimates

    Ferro (FOE) delivered earnings and revenue surprises of 6.06% and -5.78%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Analysts Estimate Ferro (FOE) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Ferro (FOE) to Report a Decline in Earnings: What to Look Out for

    Ferro (FOE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.