Grab Holdings Limited (NASDAQ:GRAB)’s traded shares stood at 5.03 million during the latest session, with the company’s beta value hitting 0.83. At the last check today, the stock’s price was $4.08, to imply a decrease of -1.26% or -$0.05 in intraday trading. The GRAB share’s 52-week high remains $4.32, putting it -5.88% down since that peak but still an impressive 28.92% since price per share fell to its 52-week low of $2.90. The company has a valuation of $16.15B, with an average of 37.25 million shares in intraday trading volume over the past 10 days and average of 26.71 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Grab Holdings Limited (GRAB), translating to a mean rating of 1.41. Of 7 analyst(s) looking at the stock, 1 analyst(s) give GRAB a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Grab Holdings Limited (NASDAQ:GRAB) trade information
After registering a -1.26% downside in the latest session, Grab Holdings Limited (GRAB) has traded red over the past five days. The 5-day price performance for the stock is 9.33%, and 7.32% over 30 days. With these gigs, the year-to-date price performance is 21.01%. Short interest in Grab Holdings Limited (NASDAQ:GRAB) saw shorts transact 69.79 million shares and set a 2.72 days time to cover.
The extremes give us $4.2 and $13 for target low and target high price respectively. As such, GRAB has been trading -218.63% off suggested target high and -2.94% from its likely low.
Grab Holdings Limited (GRAB) estimates and forecasts
Looking at statistics comparing Grab Holdings Limited share performance against respective industry, we note that the company has outperformed competitors. Grab Holdings Limited (GRAB) shares are 16.52% up over the last 6 months, with its year-to-date growth rate higher than industry average at 63.64% against 18.90%. Revenue is forecast to grow 100.00% this quarter before falling -200.00% for the next one. The rating firms project that company’s revenue will grow 16.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 692.87M. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 721.31M.Earnings reports from the last fiscal year show that sales brought in 615M and 653M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 12.70% before jumping 10.50% in the following quarter.
GRAB Dividends
Grab Holdings Limited has its next earnings report out on 2024-Aug-15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Grab Holdings Limited (NASDAQ:GRAB)’s Major holders
The next major institution holding the largest number of shares is MORGAN STANLEY with 198.42 million shares, or about 5.042% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $704.39 million.
