Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $13.47 USD
Change Today -0.19 / -1.39%
Volume 636.8K
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

globe specialty metals inc (GSM) Snapshot

Open
$13.59
Previous Close
$13.66
Day High
$13.79
Day Low
$13.22
52 Week High
04/2/15 - $21.99
52 Week Low
08/25/15 - $12.00
Market Cap
993.4M
Average Volume 10 Days
539.0K
EPS TTM
$0.71
Shares Outstanding
73.7M
EX-Date
09/9/15
P/E TM
18.9x
Dividend
$0.32
Dividend Yield
2.30%
Current Stock Chart for GLOBE SPECIALTY METALS INC (GSM)

Related News

No related news articles were found.

globe specialty metals inc (GSM) Related Businessweek News

No Related Businessweek News Found

globe specialty metals inc (GSM) Details

Globe Specialty Metals, Inc. produces and sells silicon metal and silicon-based alloys in the United States, Argentina, Canada, China, Poland, and South Africa. The company operates through five segments: GMI, Globe Metales, Solsil, Corporate, and Other segments. Its silicon metal is used as a primary raw material in making silicone compounds, aluminum, and polysilicon. The company offers silicon-based alloy products in four general categories, which comprise ferrosilicon, magnesium-ferrosilicon-based alloys, ferrosilicon-based alloys, and calcium silicon. Its silicon-based alloys are used as raw materials in making steel, automotive components, and ductile iron. The company also captures, recycles, and sells by-products generated in its production processes; and provides specialty metallurgical coal to silicon and silicon-based alloy industries. Its customers include silicone chemical, aluminum, and steel manufacturers; auto companies and their suppliers; ductile iron foundries; photovoltaic solar cells and computer chips manufacturers; and concrete producers. The company was formerly known as International Metal Enterprises, Inc. and changed its name to Globe Specialty Metals, Inc. in November 2006. Globe Specialty Metals, Inc. was founded in 2004 and is based in Miami, Florida.

1,684 Employees
Last Reported Date: 08/27/15
Founded in 2004

globe specialty metals inc (GSM) Top Compensated Officers

Chief Executive Officer and Chief Operating O...
Total Annual Compensation: $700.0K
Founder and Executive Chairman
Total Annual Compensation: $995.0K
Chief Financial Officer
Total Annual Compensation: $650.0K
Chief Legal Officer and Corporate Secretary
Total Annual Compensation: $555.0K
Compensation as of Fiscal Year 2014.

globe specialty metals inc (GSM) Key Developments

Globe Specialty Metals, Inc., Board Meeting, Aug 07, 2015

Globe Specialty Metals, Inc., Board Meeting, Aug 07, 2015. Agenda: To discuss FerroAtlántica’s results for the quarterly period ended March 31, 2015 and the six-month period ended June 30, 2015.

Globe Specialty Metals, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2015

Globe Specialty Metals, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2015. For the quarter, the company reported net sales of $202,021,000 against $205,360,000 a year ago. Operating income was $6,894,000 against $18,870,000 a year ago. Income before provision for income taxes was $5,003,000 against $18,025,000 a year ago. Net income attributable to the company was $1,922,000 or $0.03 basic and diluted per share against $6,226,000 or $0.08 basic and diluted per share a year ago. EBITDA was $19,884,000 against $30,178,000 a year ago. Net cash provided by operating activities was $58,965,000 against $21,340,000 a year ago. Capital expenditures were $8,856,000 against $19,057,000 a year ago. Adjusted EBITDA, excluding above items was $33,008,000 against $33,111,000 a year ago. Adjusted diluted EPS, excluding above items was $0.16 against $0.18 a year ago. Adjusted net income attributable to the company was $11,537,000 against $13,357,000 a year ago. Adjusted operating income of $25.5 million improved 16% year-over-year and 3% sequentially, illustrating the strong overall operating performance of the company during the quarter. For the full year, the company reported net sales of $800,773,000 against $752,817,000 a year ago. Operating income was $61,891,000 against $14,810,000 a year ago. Income before provision for income taxes was $56,278,000 against $33,611,000 a year ago. Net income attributable to the company was $31,320,000 or $0.42 basic and diluted per share against $21,703,000 or $0.29 basic and diluted per share a year ago. EBITDA was $112,360,000 against $86,794,000 a year ago. Net cash provided by operating activities was $109,249,000 against $62,556,000 a year ago. Capital expenditures were $50,019,000 against $47,075,000 a year ago. Adjusted EBITDA, excluding above items was $142,994,000 against $110,315,000 a year ago. Adjusted diluted EPS, excluding above items was $0.76 against $0.53 a year ago. Adjusted net income attributable to the company was $56,546,000 against $39,874,000 a year ago. Net debt position changed to a net cash position of $19.9 million, driven by working capital initiatives increased in cash by $40.3 million.

Globe Specialty Metals, Inc. Approves Quarterly Dividend, Payable on September 24, 2015

On August 21, 2015, Globe Specialty Metals, Inc.'s board of directors approved a quarterly dividend of $0.08 per share, payable on September 24, 2015 to shareholders of record at the close of business on September 13, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GSM:US $13.47 USD -0.19

GSM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AM Castle & Co $2.92 USD +0.31
Bodycote PLC 641.00 GBp +13.50
HudBay Minerals Inc C$6.83 CAD +0.24
Materion Corp $31.15 USD -0.43
Pfeiffer Vacuum Technology AG €93.22 EUR +3.50
View Industry Companies
 

Industry Analysis

GSM

Industry Average

Valuation GSM Industry Range
Price/Earnings 31.8x
Price/Sales 1.2x
Price/Book 2.3x
Price/Cash Flow 31.7x
TEV/Sales 0.9x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GLOBE SPECIALTY METALS INC, please visit www.glbsm.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.