Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Gerdau S.A. ADR (NYSE: GGB) closed the day trading at $2.59 down -0.77% from the previous closing price of $2.61. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 3.38 million shares were traded. GGB stock price reached its highest trading level at $2.6499 during the session, while it also had its lowest trading level at $2.59.
Ratios:
For a better understanding of GGB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.87. 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.
BofA Securities Upgraded its Neutral to Buy on May 24, 2024, whereas the target price for the stock was revised from $4.50 to $5.
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 5304086528 and an Enterprise Value of 14581720064. As of this moment, Gerdau’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.17, and their Forward P/E ratio for the next fiscal year is 6.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.214 whereas that against EBITDA is 1.692.
Stock Price History:
The Beta on a monthly basis for GGB is 1.41, which has changed by -0.31842107 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, GGB has reached a high of $4.04, while it has fallen to a 52-week low of $2.27. The 50-Day Moving Average of the stock is -6.57%, while the 200-Day Moving Average is calculated to be -16.46%.
Shares Statistics:
Over the past 3-months, GGB traded about 10.82M shares per day on average, while over the past 10 days, GGB traded about 8099560 shares per day. 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 27.17% stake in the company. Shares short for GGB as of 1744675200 were 15414176 with a Short Ratio of 1.43, compared to 1741910400 on 15490520. Therefore, it implies a Short% of Shares Outstanding of 15414176 and a Short% of Float of 1.77.
Dividends & Splits
GGB’s forward annual dividend rate is 0.14, up from 0.64 a year ago. Against a Trailing Annual Dividend Yield of 0.24521074The stock’s 5-year Average Dividend Yield is 7.11. 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.
