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GlobalFoundries Inc (GFS)
NASDAQ:GFS
GlobalFoundries Inc (GFS) Stock Price & Analysis
648 Followers
GFS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.52 - $68.57
Previous Close$48.39
Volume865.30K
Average Volume (3M)1.60M
Market Cap
$26.51B
Enterprise Value$27.06B
Total Cash (Recent Filing)$2.35B
Total Debt (Recent Filing)$2.86B
Price to Earnings (P/E)26.2
Beta1.69
Next Earnings
May 07, 2024EPS Estimate
$0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.85
Shares Outstanding547,760,000
10 Day Avg. Volume1,487,614
30 Day Avg. Volume1,601,252
Standard Deviation0.17
R-Squared0.26
Alpha0.00661
Financial Highlights & Ratios
Price to Book (P/B)2.78
Price to Sales (P/S)3.27
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.50
Enterprise Value/Gross Profit12.08
Enterprise Value/Ebitda12.71
Forecast
1Y Price Target
$58.56Price Target Upside21.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
GlobalFoundries Inc News
Bulls Say, Bears Say
Bulls Say
Capacity ExpansionThe collaboration with STMicroelectronics to establish a new semiconductor facility in France marks a significant step towards increasing the company's annual production capacity.
Financial StabilityWith the majority of its capacity secured through long-term agreements, the company enjoys a consistent revenue flow.
Strategic PartnershipsThe long-term agreement with Qualcomm serves as a fundamental support for revenue stability by addressing capacity oversupply and fluctuating demand.
Bears Say
Company GuidanceGuidance for upcoming sales and EPS well below consensus indicates a downturn impact.
Competitive LandscapeIncreased capacity from competitors is expected to pressure pricing and slow revenue growth.
Market DynamicsThere is a risk of oversupply if the consumer electronics downturn deepens, especially with aggressive capacity expansion targets.
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Ownership Overview
0.00%
Insiders
7.65% Mutual Funds
3.85% Other Institutional Investors
88.50% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GFS FAQ
What was GlobalFoundries Inc’s price range in the past 12 months?
GlobalFoundries Inc lowest stock price was $45.52 and its highest was $68.57 in the past 12 months.
What is GlobalFoundries Inc’s market cap?
Currently, no data Available
When is GlobalFoundries Inc’s upcoming earnings report date?
GlobalFoundries Inc’s upcoming earnings report date is May 07, 2024 which is in 8 days.
How were GlobalFoundries Inc’s earnings last quarter?
GlobalFoundries Inc released its earnings results on Feb 13, 2024. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.589 by $0.051.
Is GlobalFoundries Inc overvalued?
According to Wall Street analysts GlobalFoundries Inc’s price is currently Undervalued.
Does GlobalFoundries Inc pay dividends?
GlobalFoundries Inc does not currently pay dividends.
What is GlobalFoundries Inc’s EPS estimate?
GlobalFoundries Inc’s EPS estimate is $0.23.
How many shares outstanding does GlobalFoundries Inc have?
GlobalFoundries Inc has 547,755,000 shares outstanding.
What happened to GlobalFoundries Inc’s price movement after its last earnings report?
GlobalFoundries Inc reported an EPS of $0.64 in its last earnings report, beating expectations of $0.589. Following the earnings report the stock price went down -2.078%.
Which hedge fund is a major shareholder of GlobalFoundries Inc?
Among the largest hedge funds holding GlobalFoundries Inc’s share is Matrix Capital Management Company, LP. It holds GlobalFoundries Inc’s shares valued at 1B.
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GlobalFoundries Inc Stock Smart Score
Neutral
1
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Analyst Consensus
Moderate Buy
Average Price Target:
$58.56 (21.02% Upside)
$58.56 (21.02% Upside)
Blogger Sentiment
Neutral
GFS Sentiment 67%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 656.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.92%
12-Months-Change
Fundamentals
Return on Equity
9.73%
Trailing 12-Months
Asset Growth
1.14%
Trailing 12-Months
Company Description
GlobalFoundries Inc
GLOBALFOUNDRIES Inc. is a semiconductor foundry. It manufactures complex ICs that enable electronic devices that are pervasive in every sector of the economy. It derives revenue primarily from fabricating semiconductor wafers using the company's manufacturing processes for the company's customers based on their proprietary integrated circuit designs and, from design, mask making, bumping, probing, assembly, and testing services.
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GFS Company Deck
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GFS Earnings Call
Q4 2024
0:00 / 0:00
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GFS Stock 12 Months Forecast
Average Price Target
$58.56
▲(21.02% Upside)
Technical Analysis
Best Analysts Covering GFS
1 Year
1 Year Success Rate
5/15 ratings generated profit
1 Year Average Return
-4.19%
reiterated a buy rating 3 months ago
Copying Ross Seymore's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -4.19% per trade.
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