Ferro Corporation is a leading global supplier of technology-based functional coatings and color solutions. Ferro supplies functional coatings for glass, metal, ceramic and other substrates and color solutions in the form of specialty pigments and colorants for a broad range of industries and applications. Ferro products are sold into the building and construction, automotive, electronics, industrial products, household furnishings and appliance markets. The Company’s reportable segments include: Performance Colors and Glass and Color Solutions. Headquartered in Mayfield Heights, Ohio, the Company has approximately 5,900 associates globally and reported 2019 sales of $1.0 billion. Included within our employee count are approximately 2,100 employees in our foreign consolidated subsidiaries associated with the Tile Coatings Systems business.
Company profile
Ticker
FOE
Exchange
Website
CEO
Peter Thomas
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Dip Tech Ltd. • Ferro China Holdings Inc. • Zibo Ferro Performance Materials Company, Limited • Ferro Electronic Materials Inc. • Ferro Far East Ltd. • Ferro Holdings, LLC • Ferro International Services Inc. • Ferro (Suzhou) Performance Materials Co. Ltd. • Kerajet SA • Ferro International Holdings Inc. ...
IRS number
340217820
FOE stock data
Latest filings (excl ownership)
15-12B
Securities registration termination
2 May 22
25-NSE
Exchange delisting
22 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 22
8-K
Prince International Corporation Completes Acquisition of Ferro Corporation
21 Apr 22
Transcripts
FOE
Earnings call transcript
2020 Q4
2 Mar 21
FOE
Earnings call transcript
2020 Q3
7 Nov 20
FOE
Earnings call transcript
2020 Q2
9 Aug 20
FOE
Earnings call transcript
2020 Q1
12 May 20
FOE
Earnings call transcript
2019 Q4
3 Mar 20
FOE
Earnings call transcript
2019 Q3
12 Nov 19
FOE
Earnings call transcript
2019 Q2
1 Aug 19
FOE
Earnings call transcript
2019 Q1
1 May 19
FOE
Earnings call transcript
2018 Q4
28 Feb 19
FOE
Earnings call transcript
2018 Q3
9 Nov 18
Latest ownership filings
SC 13G/A
Versor Investments LP
10 Feb 23
SC 13D/A
GAMCO INVESTORS, INC. ET AL
22 Apr 22
4
Andrew M Ross
21 Apr 22
4
Mark Hugo Duesenberg
21 Apr 22
4
ALLEN A SPIZZO
21 Apr 22
4
Marran H. Ogilvie
21 Apr 22
4
Peter T Thomas
21 Apr 22
4
Benjamin Schlater
21 Apr 22
4
Andrew T Henke
21 Apr 22
4
Ronald P Vargo
21 Apr 22
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 71.49 mm | 71.49 mm | 71.49 mm | 71.49 mm | 71.49 mm | 71.49 mm |
| Cash burn (monthly) | 25.75 mm | 8.55 mm | (no burn) | (no burn) | (no burn) | 5.11 mm |
| Cash used (since last report) | 381.47 mm | 126.62 mm | n/a | n/a | n/a | 75.67 mm |
| Cash remaining | -309.97 mm | -55.13 mm | n/a | n/a | n/a | -4.18 mm |
| Runway (months of cash) | -12.0 | -6.4 | n/a | n/a | n/a | -0.8 |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 0.00 |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Apr 22 | Lorber David A | Common Stock | Sale back to company | Dispose D | Yes | No | 22 | 19,028.057 | 418.62 k | 0 |
| 21 Apr 22 | Lorber David A | Common Stock | Sale back to company | Dispose D | No | No | 22 | 22,000 | 484.00 k | 0 |
| 21 Apr 22 | Lorber David A | Deferred Stock Units Common Stock | Sale back to company | Acquire D | No | No | 22 | 57,500 | 1.27 mm | 0 |
| 21 Apr 22 | Andrew T Henke | Common Stock | Sale back to company | Dispose D | No | No | 22 | 9,953 | 218.97 k | 0 |
| 21 Apr 22 | Andrew T Henke | RSU Common Stock | Sale back to company | Dispose D | No | No | 22 | 1,380 | 30.36 k | 0 |
| 21 Apr 22 | Andrew T Henke | RSU Common Stock | Sale back to company | Dispose D | No | No | 22 | 1,333 | 29.33 k | 0 |
| 21 Apr 22 | Andrew T Henke | RSU Common Stock | Sale back to company | Dispose D | No | No | 22 | 2,275 | 50.05 k | 0 |
| 21 Apr 22 | Andrew T Henke | RSU Common Stock | Sale back to company | Dispose D | No | No | 22 | 5,780 | 127.16 k | 0 |
| 21 Apr 22 | Andrew T Henke | Performance Share Units Common Stock | Sale back to company | Dispose D | No | No | 22 | 9,069.9 | 199.54 k | 0 |
| 21 Apr 22 | Andrew T Henke | Performance Share Units Common Stock | Grant | Dispose A | No | No | 22 | 4,169.9 | 91.74 k | 9,069.9 |