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After finishing at $3.37 in the prior trading day, Grab Holdings Limited (NASDAQ: GRAB) closed at $3.12, down -7.42%. In other words, the price has decreased by -$7.42 from its previous closing price. On the day, 85.32 million shares were traded. GRAB stock price reached its highest trading level at $3.3288 during the session, while it also had its lowest trading level at $3.08.
Ratios:
Our goal is to gain a better understanding of GRAB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.21. For the most recent quarter (mrq), Quick Ratio is recorded 3.22 and its Current Ratio is at 3.26. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on June 27, 2024, initiated with a Outperform rating and assigned the stock a target price of $5.
JP Morgan Upgraded its Neutral to Overweight on January 18, 2024, whereas the target price for the stock was revised from $3.60 to $3.80.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 08 ’24 when ANTHONY TAN PING YEOW bought 50,000 shares for $3.17 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRAB now has a Market Capitalization of 12333359104 and an Enterprise Value of 9381610496. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.96 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 3.772 whereas that against EBITDA is -47.865.
Stock Price History:
The Beta on a monthly basis for GRAB is 0.80, which has changed by 0.040123463 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, GRAB has reached a high of $3.88, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is -9.97%, while the 200-Day Moving Average is calculated to be -6.16%.
Shares Statistics:
The stock has traded on average 19.72M shares per day over the past 3-months and 22251000 shares per day over the last 10 days, according to various share statistics. A total of 3.81B shares are outstanding, with a floating share count of 2.27B. Insiders hold about 42.62% of the company’s shares, while institutions hold 41.77% stake in the company. Shares short for GRAB as of 1722384000 were 53292571 with a Short Ratio of 2.70, compared to 1719532800 on 59421218. Therefore, it implies a Short% of Shares Outstanding of 53292571 and a Short% of Float of 1.9299999.
Earnings Estimates
Investors are keenly observing as 6.0 analysts analyze and rate the current performance of Grab Holdings Limited (GRAB) in the stock market.The consensus estimate for the next quarter is $0.0, with high estimates of $0.0 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.04 and -$0.06 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.05, with 17.0 analysts recommending between $0.16 and $0.01.
Revenue Estimates
6 analysts predict $673.24M in revenue for the current quarter. It ranges from a high estimate of $683.24M to a low estimate of $661M. As of the current estimate, Grab Holdings Limited’s year-ago sales were $567MFor the next quarter, 6 analysts are estimating revenue of $698.08M. There is a high estimate of $711.62M for the next quarter, whereas the lowest estimate is $684.77M.
A total of 19 analysts have provided revenue estimates for GRAB’s current fiscal year. The highest revenue estimate was $2.94B, while the lowest revenue estimate was $2.71B, resulting in an average revenue estimate of $2.77B. In the same quarter a year ago, actual revenue was $2.36BBased on 19 analysts’ estimates, the company’s revenue will be $3.24B in the next fiscal year. The high estimate is $3.53B and the low estimate is $2.96B.
