$2.82 -0.27 (-8.74%)
7/2/2009 4:18 PM

Ferro Corp (FOE)

CAPS Rating: 2 out of 5

The Company produces performance materials for a range of manufacturers in diversified industries throughout the world.

Current Price $2.82 Mkt Cap $138.81M
Open $0.00 P/E Ratio 66.38
Prev. Close $3.09 Div. (Yield) 0.04 (1.00%)
Daily Range $2.76 - $3.03 Volume 0
52-Wk Range $0.81 - $24.13 Avg. Daily Vol. 0

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All Members

72 Outperform
10 Underperform
 

All-Star Members

22 Outperform
3 Underperform
 

Wall Street

5 Outperform
0 Underperform
 

Top FOE Bull/Bear Pitches

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NetscribeBasMtrl (31.60)
Submitted December 29, 2006

All is not well with, Ferro Corporation (FOE), a leading global producer of a diverse array of performance materials sold to a broad range of manufacturers covering 30 markets throughout the world. Primary markets include building and renovation,… More

FOE VS S&P 500 (SPY)

Recent Community Commentary

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Recs

0
Member Avatar LawfordCap (99.73) Submitted: 5/6/2009 11:34:00 AM : Outperform Start Price: $5.60 FOE Score: -48.50

ps test

Recs

0
Member Avatar WordTickers (62.33) Submitted: 5/31/2008 1:20:41 PM : Outperform Start Price: $16.89 FOE Score: -49.57

Testing out a portfolio with outperforms on stocks with tickers that spell words.

Recs

1
Member Avatar NetscribeBasMtrl (31.60) Submitted: 12/29/2006 2:01:42 AM : Underperform Start Price: $19.44 FOE Score: +48.72

All is not well with, Ferro Corporation (FOE), a leading global producer of a diverse array of performance materials sold to a broad range of manufacturers covering 30 markets throughout the world. Primary markets include building and renovation, appliances, household furnishings, transportation, industrial goods, packaging, and leisure products. With the Wind Point Partners backing out of Ferro’s proposal to divest its specialty plastics business, the company still intends to do away with the same segment and is aggressively working on restructuring of its inorganic businesses.

With building and renovation markets representing around 30% of FOE's sales, followed by household furnishing contributing a rough 10%, an economic slowdown as anticipated, translates limited growth opportunities for the company in near future. Likewise, rising natural gas prices, supported by recent surge in cobalt prices, which ultimately renders to higher raw material costs, put a constraint on higher operating margins.

Amid a poor financial performance in the recent concluded quarter, with earnings down by around 20%, the forthcoming quarters envisages slowed production-related markets and enhanced competition leading to irrational pricing pressure. While FOE has initiated an aggressive restructuring program primarily targeting inorganic specialties, the initiatives are targeted to be completed in 2008 with the $10 million targeted savings expected only in the long run.

The stock price has observed a sharp bull run since July this year, which may not be sustainable in near future. Likewise, its high P/E multiple against industry’s and a high debt component in the balance sheet, makes it a vulnerable scrip to trade.

Leaderboard

Find the members with the highest scoring picks in FOE.

Score Leader

megatrade

megatrade (< 20) Score: +49.35

The Score Leader is the member with the highest score across all their picks in FOE.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score Commentary
megatrade < 20 3/3/2008 Underperform 3W $15.57 -81.89% -32.54% +49.35
covbbabe 23.37 10/9/2006 Underperform 1Y $16.04 -82.41% -33.40% +49.01
stearnbear 78.10 5/30/2008 Underperform 5Y $18.64 -84.87% -36.14% +48.73
NetscribeBasMtrl 31.60 12/29/2006 Underperform 1Y $19.44 -85.49% -36.77% +48.72 2 Comments
repleteidiocy 94.70 5/6/2009 Underperform NS $5.56 -49.28% -2.04% +47.24
tuckerjack 57.79 4/17/2008 Underperform 1Y $14.02 -79.89% -34.05% +45.84
salvadorveiga 97.99 5/21/2009 Underperform 3M $4.32 -34.72% +0.39% +35.11
LysanderSpooner < 20 5/11/2009 Underperform 1Y $4.33 -34.87% -1.93% +32.94
GenericMike 87.45 5/4/2009 Underperform 3M $4.11 -31.42% +0.08% +31.50
NeedhelpAlways62 74.03 4/27/2009 5/25/2009 Underperform NS $3.08 -8.44% +4.82% +13.26

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackKeyBanc 92.38 5/13/2009 Outperform NS $4.62 -38.96% +0.08% -39.04
TrackKeyBanc 92.38 1/12/2009 Underperform NS $6.50 -37.38% -8.13% +29.26 2/2/2009 @ $4.07
TrackCreditSuiss 89.18 12/15/2008 Outperform NS $7.22 -60.92% +0.89% -61.80
TrackNWQ < 20 6/17/2008 Outperform 1Y $19.71 -85.70% -34.41% -51.29 1 Comment
TrackLongbow 76.54 10/1/2007 Outperform NS $19.73 -79.37% -46.76% -32.61 2/2/2009 @ $4.07
TrackNWQ < 20 9/30/2007 Outperform NS $19.68 +4.49% -4.17% +8.67 12/31/2007 @ $20.56 1 Comment
TrackFirstAnalys 94.71 5/17/2007 Outperform NS $20.65 -86.35% -40.67% -45.67
TrackMatrix 88.79 12/29/2006 Outperform NS $19.44 -85.49% -36.77% -48.72

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