Grid Dynamics Holdings Inc (NASDAQ: GDYN) closed the day trading at $10.53 down -1.03% from the previous closing price of $10.64. On the day, 649232 shares were traded.
Ratios:
For a better understanding of GDYN, 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 3.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.08. For the most recent quarter (mrq), Quick Ratio is recorded 7.67 and its Current Ratio is at 7.67. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Needham on March 04, 2022, Reiterated its Buy rating but revised its target price to $22 from $45 previously.
On November 01, 2021, Citigroup started tracking the stock assigning a Buy rating and target price of $35.
On July 30, 2021, JP Morgan started tracking the stock assigning a Overweight rating and target price of $25.JP Morgan initiated its Overweight rating on July 30, 2021, with a $25 target price.
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 Apr 09 ’24 when Livschitz Leonard sold 15,000 shares for $11.87 per share. The transaction valued at 178,112 led to the insider holds 3,670,691 shares of the business.
Doradla Anil sold 3,000 shares of GDYN for $36,326 on Apr 01 ’24. The CHIEF FINANCIAL OFFICER now owns 388,979 shares after completing the transaction at $12.11 per share. On Mar 27 ’24, another insider, Livschitz Leonard, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 3,116 shares for $12.00 each. As a result, the insider received 37,392 and left with 3,685,691 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56 while its Price-to-Book (P/B) ratio in mrq is 2.09.
Stock Price History:
Over the past 52 weeks, GDYN has reached a high of $14.70, while it has fallen to a 52-week low of $8.00.
Shares Statistics:
A total of 75.89M shares are outstanding, with a floating share count of 54.70M. Insiders hold about 28.01% of the company’s shares, while institutions hold 71.97% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.06, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.39 and $0.32 for the fiscal current year, implying an average EPS of $0.36. EPS for the following year is $0.44, with 6 analysts recommending between $0.48 and $0.36.
Revenue Estimates
7 analysts predict $77.87M in revenue for the current quarter. It ranges from a high estimate of $78.58M to a low estimate of $77M. As of the current estimate, Grid Dynamics Holdings Inc’s year-ago sales were $80.08M, an estimated decrease of -2.80% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $80.78M, an increase of 5.30% over than the figure of -$2.80% in the same quarter last year. There is a high estimate of $81.56M for the next quarter, whereas the lowest estimate is $79.95M.
A total of 7 analysts have provided revenue estimates for GDYN’s current fiscal year. The highest revenue estimate was $338M, while the lowest revenue estimate was $330M, resulting in an average revenue estimate of $333.87M. In the same quarter a year ago, actual revenue was $312.91M, up 6.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $397.08M in the next fiscal year. The high estimate is $410M and the low estimate is $375.67M. The average revenue growth estimate for next year is up 18.90% from the average revenue estimate for this year.
