GlobalFoundries Inc (NASDAQ: GFS) kicked off on Friday, up 0.07% from the previous trading day, before settling in for the closing price of $40.40. Over the past 52 weeks, GFS has traded in a range of $38.45-$62.61.
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Technology Sector giant saw their annual sales surged by 5.46% over the last five years. While this was happening, its average annual earnings per share was recorded -37.84%. With a float of $86.00 million, this company’s outstanding shares have now reached $553.55 million.
The firm has a total of 12000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 26.75%, operating margin of 13.08%, and the pretax margin is 12.55%.
GlobalFoundries Inc (GFS) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of GlobalFoundries Inc is 84.52%, while institutional ownership is 18.59%. The most recent insider transaction that took place on Oct 02 ’24, was worth 188,606. Before that another transaction happened on Aug 07 ’24, when Company’s Director proposed sale 1,823 for $44.33, making the entire transaction worth $80,814.
GlobalFoundries Inc (GFS) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.55 earnings per share (EPS), higher than consensus estimate (set at 0.49) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -37.84% per share during the next fiscal year.
GlobalFoundries Inc (NASDAQ: GFS) Trading Performance Indicators
Take a look at GlobalFoundries Inc’s (GFS) current performance indicators. Last quarter, stock had a quick ratio of 1.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.26. Likewise, its price to free cash flow for the trailing twelve months is 19.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.46, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.91 in one year’s time.
Technical Analysis of GlobalFoundries Inc (GFS)
Analysing the last 5-days average volume posted by the [GlobalFoundries Inc, GFS], we can find that recorded value of 1.07 million was lower than the volume posted last year of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 49.17%. Additionally, its Average True Range was 1.24.
During the past 100 days, GlobalFoundries Inc’s (GFS) raw stochastic average was set at 8.41%, which indicates a significant decrease from 59.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.23% in the past 14 days, which was lower than the 39.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.79, while its 200-day Moving Average is $49.55. Now, the first resistance to watch is $40.84. This is followed by the second major resistance level at $41.26. The third major resistance level sits at $41.53. If the price goes on to break the first support level at $40.15, it is likely to go to the next support level at $39.88. Should the price break the second support level, the third support level stands at $39.46.
GlobalFoundries Inc (NASDAQ: GFS) Key Stats
The company with the Market Capitalisation of 22.46 billion has total of 551,765K Shares Outstanding. Its annual sales at the moment are 7,392 M in contrast with the sum of 1,020 M annual income. Company’s last quarter sales were recorded 1,632 M and last quarter income was 155,000 K.
