As of close of business last night, Gerdau S.A. ADR’s stock clocked out at $4.24, down -1.40% from its previous closing price of $4.30. In other words, the price has decreased by -$0.0600 from its previous closing price. On the day, 3962314 shares were traded.
Ratios:
To gain a deeper understanding of GGB’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.20.
On February 09, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $7 to $6.
Citigroup Upgraded its Neutral to Buy on November 12, 2021, while the target price for the stock was maintained at $6.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GGB now has a Market Capitalization of 7.26B and an Enterprise Value of 8.65B. As of this moment, Gerdau’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.01, and their Forward P/E ratio for the next fiscal year is 7.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 0.12 whereas that against EBITDA is 0.60.
Stock Price History:
Over the past 52 weeks, GGB has reached a high of $6.04, while it has fallen to a 52-week low of $4.11. The 50-Day Moving Average of the stock is 4.4108, while the 200-Day Moving Average is calculated to be 4.8471.
Shares Statistics:
It appears that GGB traded 5.64M shares on average per day over the past three months and 6.6M shares per day over the past ten days. A total of 1.15B shares are outstanding, with a floating share count of 1.15B. Insiders hold about 0.00% of the company’s shares, while institutions hold 25.59% stake in the company. Shares short for GGB as of Feb 15, 2024 were 4.73M with a Short Ratio of 0.71, compared to 7.94M on Jan 12, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 1.51, GGB has a forward annual dividend rate of 0.06. Against a Trailing Annual Dividend Yield of 35.12%, it implies a Forward Annual Dividend Yield of 7.16%. The stock’s 5-year Average Dividend Yield is 6.38. The current Payout Ratio is 33.59% for GGB, which recently paid a dividend on Mar 19, 2024 with an ex-dividend date of Mar 04, 2024. Stock splits for the company last occurred on Jun 20, 2008 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.13, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.14, with high estimates of $0.14 and low estimates of $0.14.
Analysts are recommending an EPS of between $0.52 and $0.51 for the fiscal current year, implying an average EPS of $0.51. EPS for the following year is $0.59, with 1 analysts recommending between $0.59 and $0.59.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for GGB’s current fiscal year. The highest revenue estimate was $13.88B, while the lowest revenue estimate was $13.04B, resulting in an average revenue estimate of $13.46B. In the same quarter a year ago, actual revenue was $13.89B, down -3.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $14.06B in the next fiscal year. The high estimate is $14.06B and the low estimate is $14.06B. The average revenue growth estimate for next year is up 4.50% from the average revenue estimate for this year.
