Gerdau S.A. ADR (NYSE:GGB) has a beta value of 1.74 and has seen 2.37 million shares traded in the recent trading session. The company, currently valued at $4.82B, closed the recent trade at $3.49 per share which meant it lost -$0.11 on the day or -2.92% during that session. The GGB stock price is -44.41% off its 52-week high price of $5.04 and 2.01% above the 52-week low of $3.42. The 3-month trading volume is 8.60 million shares.

Gerdau S.A. ADR (NYSE:GGB) trade information

Sporting -2.92% in the red today, the stock has traded in the red over the last five days, when the GGB stock price touched $3.49 or saw a rise of 5.16%. Year-to-date, Gerdau S.A. ADR shares have moved -13.53%, while the 5-day performance has seen it change -4.51%. Over the past 30 days, the shares of Gerdau S.A. ADR (NYSE:GGB) have changed -4.68%.

Gerdau S.A. ADR (GGB) estimates and forecasts

Figures show that Gerdau S.A. ADR shares have underperformed across the wider relevant industry. The company’s shares have lost -1.96% over the past 6 months, with this year growth rate of -39.44%, compared to -13.30% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -54.50% and -35.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 0.20%.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 19.48% over the past 5 years. Earnings growth for 2024 is a modest -35.82% while over the next 5 years, the company’s earnings are expected to decrease by -1.50%.

GGB Dividends

Gerdau S.A. ADR is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.09 at a share yield of 2.54%. The company’s dividend yield has gone up over the past 12 months.