Quick Note From the Editor - Taking a Closer Look at GLNCY.

There's a lot of buzz surrounding Glencore today -- and with good reason, as the stock has jumped 7.8%. Is it too late to buy GLNCY? Don't let FOMO get the best of you, and do your homework before making a decision. Here are some quick facts to get you started:

  • Glencore has moved 11.7% over the last year, and the S&P 500 logged a change of -13.2%

  • Its trailing 12 month price to earnings (Eps) is $2.23 per share

  • Glencore has a trailing 12 month Price to Earnings (P/E) ratio of 5.0 while the S&P 500 average is 15.97

  • The company has a Price to Book (P/B) ratio of 1.5 in contrast to the S&P 500's average ratio of 2.95

  • Glencore is part of the Basic Materials sector, which has an average P/E ratio of 8.77 and an average P/B of 1.85

  • GLNCY has reported YOY quarterly earnings growth of 853.2% and gross profit margins of 9.5%

  • The company has a free cash flow of $374,437,5040, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments, Marketing Activities and Industrial Activities. The company produces and markets copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. It also engages in the oil exploration/production, distribution, storage, and bunkering activities; and offers coal, crude oil and oil products, refined products, and natural gas. In addition, the company markets and distributes physical commodities sourced from third party producers and its production to industrial consumers in the battery, electronic, construction, automotive, steel, energy, and oil industries. Further, it provides financing, logistics, and other services to producers and consumers of commodities. The company was formerly known as Glencore Xstrata plc and changed its name to Glencore plc in May 2014. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.