The closing price of Grab Holdings Limited (NASDAQ: GRAB) was $3.19 for the day, up 0.95% from the previous closing price of $3.16. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 14156834 shares were traded.
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Ratios:
Our analysis of GRAB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 104.37. For the most recent quarter (mrq), Quick Ratio is recorded 3.87 and its Current Ratio is at 3.90. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 the company, JP Morgan on January 18, 2024, Upgraded its rating to Overweight and sets its target price to $3.80 from $3.60 previously.
On August 24, 2023, Barclays Upgraded its rating to Overweight which previously was Equal Weight but kept the price unchanged to $4.50.
JP Morgan Upgraded its Underweight to Neutral on June 22, 2023, whereas the target price for the stock was revised from $2.55 to $3.10.
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 12.51B and an Enterprise Value of 8.26B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.22 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 3.50 whereas that against EBITDA is -37.23.
Stock Price History:
Over the past 52 weeks, GRAB has reached a high of $3.92, while it has fallen to a 52-week low of $2.65. The 50-Day Moving Average of the stock is 3.2313, while the 200-Day Moving Average is calculated to be 3.3338.
Shares Statistics:
GRAB traded an average of 20.89M shares per day over the past three months and 35.44M shares per day over the past ten days. A total of 3.74B shares are outstanding, with a floating share count of 1.95B. Insiders hold about 49.40% of the company’s shares, while institutions hold 36.58% stake in the company. Shares short for GRAB as of Jan 31, 2024 were 71.12M with a Short Ratio of 3.40, compared to 76.7M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.82% and a Short% of Float of 2.78%.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.02 and a low estimate of -$0.01, while EPS last year was -$0.06. The consensus estimate for the next quarter is $0, with high estimates of $0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.08 and -$0.16 for the fiscal current year, implying an average EPS of -$0.04. EPS for the following year is $0.03, with 18 analysts recommending between $0.2 and -$0.12.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $656.36M to a low estimate of $628.07M. As of the current estimate, Grab Holdings Limited’s year-ago sales were $525M, an estimated increase of 21.40% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $686.99M, an increase of 21.20% less than the figure of $21.40% in the same quarter last year. There is a high estimate of $716M for the next quarter, whereas the lowest estimate is $671.56M.
A total of 22 analysts have provided revenue estimates for GRAB’s current fiscal year. The highest revenue estimate was $2.98B, while the lowest revenue estimate was $2.63B, resulting in an average revenue estimate of $2.78B. In the same quarter a year ago, actual revenue was $2.36B, up 18.00% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $3.25B in the next fiscal year. The high estimate is $3.47B and the low estimate is $2.93B. The average revenue growth estimate for next year is up 16.90% from the average revenue estimate for this year.
