Globalfoundries Stock Today
| GFS Stock | USD 51.09 0.51 0.99% |
Performance0 of 100
| Odds Of DistressLess than 3
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Globalfoundries is selling for under 51.09 as of the 12th of May 2024; that is -0.99% down since the beginning of the trading day. The stock's lowest day price was 50.89. Globalfoundries has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Globalfoundries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of April 2024 and ending today, the 12th of May 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 28th of October 2021 | Category Technology | Classification Information Technology |
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. The company was founded in 2009 and is based in Malta, New York. Globalfoundries operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 14600 people. The company has 555.48 M outstanding shares of which 12.85 M shares are currently shorted by investors with about 9.69 days to cover. More on Globalfoundries
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Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Globalfoundries Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Globalfoundries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Globalfoundries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Dr DES | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | G4S plc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, Philadelphia Semiconductor Index, NASDAQ 100 Technology, Nasdaq 100, NASDAQ 100 Pre, Semiconductor, Electronic Equipment, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Globalfoundries report their recommendations after researching Globalfoundries' financial statements, talking to executives and customers, or listening in on Globalfoundries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Globalfoundries. The Globalfoundries consensus assessment is calculated by taking the average forecast from all of the analysts covering Globalfoundries. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Globalfoundries' liquidity, profitability, solvency, and operating efficiency, Globalfoundries is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in June. Financial strength of Globalfoundries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Globalfoundries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Globalfoundries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Globalfoundries' financial leverage. It provides some insight into what part of Globalfoundries' total assets is financed by creditors.
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Globalfoundries (GFS) is traded on NASDAQ Exchange in USA. It is located in 400 Stonebreak Road Extension, Malta, NY, United States, 12020 and employs 12,000 people. Globalfoundries is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 28.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Globalfoundries's market, we take the total number of its shares issued and multiply it by Globalfoundries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Globalfoundries runs under Semiconductors & Semiconductor Equipment sector within Information Technology industry. The entity has 555.48 M outstanding shares of which 12.85 M shares are currently shorted by investors with about 9.69 days to cover.
Globalfoundries has about 3 B in cash with 2.12 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.55.
Check Globalfoundries Probability Of Bankruptcy
Ownership AllocationGlobalfoundries secures a total of 555.48 Million outstanding shares. The majority of Globalfoundries outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Globalfoundries to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Globalfoundries. Please pay attention to any change in the institutional holdings of Globalfoundries as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Globalfoundries Ownership Details
Globalfoundries Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Globalfoundries jumping above the current price in 90 days from now is about 87.62%. The Globalfoundries probability density function shows the probability of Globalfoundries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5291. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Globalfoundries will likely underperform. Additionally, globalfoundries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Globalfoundries to move above the current price in 90 days from now is about 87.62 (This Globalfoundries probability density function shows the probability of Globalfoundries Stock to fall within a particular range of prices over 90 days) .
Globalfoundries Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Globalfoundries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Globalfoundries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Globalfoundries' value.| Instituion | Recorded On | Shares | |
| State Street Corporation | 2023-12-31 | 1.1 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 979 K | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 960.1 K | |
| Citadel Advisors Llc | 2023-09-30 | 936.8 K | |
| Jane Street Group, Llc | 2023-12-31 | 809.8 K | |
| Geode Capital Management, Llc | 2023-12-31 | 776.1 K | |
| American Century Companies Inc | 2023-12-31 | 652.3 K | |
| D. E. Shaw & Co Lp | 2023-09-30 | 605.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 536.1 K | |
| Mubadala Investment Company Pjsc | 2023-12-31 | 469.5 M | |
| Fmr Inc | 2023-12-31 | 34.9 M |
Globalfoundries Historical Income Statement
Globalfoundries Income Statement is one of the three primary financial statements used for reporting Globalfoundries's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Globalfoundries revenue and expense. Globalfoundries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Globalfoundries' Research Development is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 1.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 442.9 M in 2024. View More FundamentalsGlobalfoundries Stock Against Markets
Picking the right benchmark for Globalfoundries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Globalfoundries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Globalfoundries is critical whether you are bullish or bearish towards Globalfoundries at a given time. Please also check how Globalfoundries' historical prices are related to one of the top price index indicators.
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Globalfoundries Corporate Management
Elected by the shareholders, the Globalfoundries' board of directors comprises two types of representatives: Globalfoundries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Globalfoundries. The board's role is to monitor Globalfoundries' management team and ensure that shareholders' interests are well served. Globalfoundries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Globalfoundries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brad Clay | Chief Officer | Profile | |
| Thomas Weber | VP Chain | Profile | |
| Laurie Kelly | Chief Officer | Profile | |
| David Reeder | CFO Fin | Profile | |
| Kay Ang | Chief Officer | Profile | |
| Pradheepa Raman | Chief Officer | Profile | |
| Sam Franklin | Vice Relations | Profile |
How to buy Globalfoundries Stock?
Before investing in Globalfoundries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Globalfoundries. To buy Globalfoundries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Globalfoundries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Globalfoundries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Globalfoundries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Globalfoundries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Globalfoundries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Globalfoundries Stock please use our How to Invest in Globalfoundries guide.
Already Invested in Globalfoundries?
The danger of trading Globalfoundries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Globalfoundries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Globalfoundries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Globalfoundries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Globalfoundries is a strong investment it is important to analyze Globalfoundries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globalfoundries' future performance. For an informed investment choice regarding Globalfoundries Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalfoundries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For more information on how to buy Globalfoundries Stock please use our How to Invest in Globalfoundries guide.Note that the Globalfoundries information on this page should be used as a complementary analysis to other Globalfoundries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Globalfoundries Stock analysis
When running Globalfoundries' price analysis, check to measure Globalfoundries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalfoundries is operating at the current time. Most of Globalfoundries' value examination focuses on studying past and present price action to predict the probability of Globalfoundries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalfoundries' price. Additionally, you may evaluate how the addition of Globalfoundries to your portfolios can decrease your overall portfolio volatility.
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Is Globalfoundries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globalfoundries. If investors know Globalfoundries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globalfoundries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share 1.61 | Revenue Per Share 12.833 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0363 |
The market value of Globalfoundries is measured differently than its book value, which is the value of Globalfoundries that is recorded on the company's balance sheet. Investors also form their own opinion of Globalfoundries' value that differs from its market value or its book value, called intrinsic value, which is Globalfoundries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globalfoundries' market value can be influenced by many factors that don't directly affect Globalfoundries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globalfoundries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalfoundries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalfoundries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.