In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $3.04 in the prior trading day, Gerdau S.A. ADR (NYSE: GGB) closed at $2.89, down -4.93%. In other words, the price has decreased by -$4.93 from its previous closing price. On the day, 14.76 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GGB 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 2.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 3.01. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.24.
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, BofA Securities on May 24, 2024, Upgraded its rating to Buy and sets its target price to $5 from $4.50 previously.
Valuation Measures:
As of this moment, Gerdau’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.55, 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 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.63.
Stock Price History:
Over the past 52 weeks, GGB has reached a high of $4.04, while it has fallen to a 52-week low of $2.67. The 50-Day Moving Average of the stock is -3.96%, while the 200-Day Moving Average is calculated to be -11.38%.
Shares Statistics:
A total of 1.32B shares are outstanding, with a floating share count of 1.31B. Insiders hold about 0.00% of the company’s shares, while institutions hold 26.66% stake in the company.
