Market Watch: Gerdau S.A. ADR (GGB)’s Noteworthy Drop, Closing at 2.93

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As of close of business last night, Gerdau S.A. ADR’s stock clocked out at $2.93, down -1.68% from its previous closing price of $2.98. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 18.13 million shares were traded. GGB stock price reached its highest trading level at $3.015 during the session, while it also had its lowest trading level at $2.93.

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 3.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 2.64. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.24.

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 5811039744 and an Enterprise Value of 15251296256. As of this moment, Gerdau’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.37, and their Forward P/E ratio for the next fiscal year is 7.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 0.224 whereas that against EBITDA is 1.77.

Stock Price History:

The Beta on a monthly basis for GGB is 1.34, which has changed by -0.15804595 over the last 52 weeks, in comparison to a change of 0.10611236 over the same period for the S&P500. Over the past 52 weeks, GGB has reached a high of $3.62, while it has fallen to a 52-week low of $2.27. The 50-Day Moving Average of the stock is 2.68%, while the 200-Day Moving Average is calculated to be -2.45%.

Shares Statistics:

It appears that GGB traded 13.50M shares on average per day over the past three months and 16236940 shares per day over the past ten days. A total of 1.31B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 0.00% of the company’s shares, while institutions hold 24.65% stake in the company. Shares short for GGB as of 1749772800 were 12835053 with a Short Ratio of 0.92, compared to 1747267200 on 8863939. Therefore, it implies a Short% of Shares Outstanding of 12835053 and a Short% of Float of 1.52.

Dividends & Splits

With its trailing 12-month dividend rate of 0.64, GGB has a forward annual dividend rate of 0.11. Against a Trailing Annual Dividend Yield of 0.2147651The stock’s 5-year Average Dividend Yield is 7.19. The current Payout Ratio is 34.08% for GGB, which recently paid a dividend on 2025-03-07 with an ex-dividend date of 1747008000. Stock splits for the company last occurred on 2024-04-18 when the company split stock in a 6:5 ratio.

Earnings Estimates

The market rating for Gerdau S.A. ADR (GGB) is a result of the insights provided by 2.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.69, with high estimates of $0.69 and low estimates of $0.69.

Analysts are recommending an EPS of between $2.19 and $2.08 for the fiscal current year, implying an average EPS of $2.14. EPS for the following year is $2.81, with 3.0 analysts recommending between $3.18 and $2.61.

Revenue Estimates

In the current quarter, 4 analysts expect revenue to total $18.31B. It ranges from a high estimate of $18.98B to a low estimate of $17.8B. As of the current estimate, Gerdau S.A. ADR’s year-ago sales were $16.62BFor the next quarter, 4 analysts are estimating revenue of $18.82B. There is a high estimate of $18.96B for the next quarter, whereas the lowest estimate is $18.56B.

A total of 12 analysts have provided revenue estimates for GGB’s current fiscal year. The highest revenue estimate was $72.67B, while the lowest revenue estimate was $67.86B, resulting in an average revenue estimate of $70.4B. In the same quarter a year ago, actual revenue was $67.03BBased on 12 analysts’ estimates, the company’s revenue will be $74.04B in the next fiscal year. The high estimate is $77.57B and the low estimate is $71.27B.

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