Ferro Corp (NYSE:FOE)

CAPS Rating: 3 out of 5

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

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Member Avatar TerryHoodSr (65.20) Submitted: 6/3/2014 9:04:34 AM : Outperform Start Price: $11.97 FOE Score: +2.96

FOE $12.6 TP $17 credit suisse outperform
EPS CUR YR $.73 EPS NEXT YR $1.04

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Member Avatar glrytogd (< 20) Submitted: 4/28/2014 11:57:04 AM : Outperform Start Price: $13.18 FOE Score: -11.78

Profitable, good trend

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Member Avatar BigTimeNYC (< 20) Submitted: 1/8/2014 1:34:30 PM : Outperform Start Price: $13.37 FOE Score: -14.85

This stock has been clearly under valued since it's most recent drop.

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Member Avatar dunloggin (65.83) Submitted: 7/14/2012 10:15:39 PM : Outperform Start Price: $4.40 FOE Score: +144.34

Has some insider buying.

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Member Avatar Geofiz (23.39) Submitted: 2/10/2011 8:40:27 AM : Outperform Start Price: $15.46 FOE Score: -72.45

Ferro has had an amazing turnaround since their 'near death' experience in 2009. The company is clearly refocused on what they do very, very well - provide high value specialty products to growing markets. Balance sheet is not pristine, but is vastly improved over that of 2 years ago, and debt is being whittled down. In any event, D/E is not out of line at 56% and is well covered. Assuming no major macroeconomic setbacks, the company should thrive.

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Member Avatar wing1stk (40.98) Submitted: 10/20/2010 7:05:47 PM : Outperform Start Price: $13.48 FOE Score: -77.54

specialty chemical demand high world wide

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Member Avatar rockynicky (< 20) Submitted: 8/20/2010 1:15:05 PM : Outperform Start Price: $10.10 FOE Score: -63.50

Good earnings ahead.

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Member Avatar GHaik (< 20) Submitted: 8/18/2010 11:01:35 PM : Outperform Start Price: $10.44 FOE Score: -63.99

china resource needs

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Member Avatar oSUNo (44.68) Submitted: 6/14/2010 8:04:41 PM : Outperform Start Price: $2.61 FOE Score: +274.26

It takes management and employee expertise, brilliant communication, and depth of market experience to build a company like this. Way oversold during the GFC,. their cap size is no indication of their very astute and timely responses to the complex conditions that performance materials industries must engage with and thrive on.

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Member Avatar automaticaev (< 20) Submitted: 9/20/2009 12:34:58 AM : Outperform Start Price: $9.23 FOE Score: -53.54

foe is good

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Member Avatar colincash (< 20) Submitted: 8/19/2009 4:56:35 PM : Outperform Start Price: $6.97 FOE Score: -19.95

Cash Cow... Old established company that has weathered many storms before this one.

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Member Avatar LawfordCap (99.74) Submitted: 5/6/2009 10:34:00 AM : Outperform Start Price: $5.60 FOE Score: +3.53

ps test

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Member Avatar WordTickers (83.31) Submitted: 5/31/2008 12:20:41 PM : Outperform Start Price: $16.89 FOE Score: -81.48

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

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Member Avatar NetscribeBasMtrl (26.22) Submitted: 12/29/2006 1:01:42 AM : Underperform Start Price: $19.44 FOE Score: +87.13

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.

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Member Avatar tlpeterson (92.30) Submitted: 10/6/2006 4:54:31 PM : Outperform Start Price: $16.04 FOE Score: -81.10

Price of 17.50 with value of 27.50

Results 1 - 15 of 15

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