Grab Holdings Limited (NASDAQ:GRAB) has a beta value of 0.81 and has seen 19.26 million shares traded in the last trading session. The company, currently valued at $16.60B, closed the last trade at $4.19 per share which meant it gained $0.1 on the day or 2.44% during that session. The GRAB stock price is -3.1% off its 52-week high price of $4.32 and 30.79% above the 52-week low of $2.90. If we look at the company’s 10-day average daily trading volume, we find that it stood at 29.68 million shares traded. The 3-month trading volume is 27.11 million shares.
The consensus among analysts is that Grab Holdings Limited (GRAB) is Buy stock at the moment, with a recommendation rating of 1.43. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.0.
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Grab Holdings Limited (NASDAQ:GRAB) trade information
Sporting 2.44% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GRAB stock price touched $4.19 or saw a rise of 0.24%. Year-to-date, Grab Holdings Limited shares have moved 24.33%, while the 5-day performance has seen it change 0.48%. Over the past 30 days, the shares of Grab Holdings Limited (NASDAQ:GRAB) have changed 13.55%. Short interest in the company has seen 62.13 million shares shorted with days to cover at 2.05.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 16.2% from current levels. The projected low price target is $4.2 while the price target rests at a high of $13.0. In that case, then, we find that the current price level is -210.26% off the targeted high while a plunge would see the stock gain -0.24% from current levels.
Grab Holdings Limited (GRAB) estimates and forecasts
Figures show that Grab Holdings Limited shares have outperformed across the wider relevant industry. The company’s shares have gained 19.71% over the past 6 months, with this year growth rate of 63.64%, compared to 19.20% for the industry. Revenue growth from the last financial year stood is estimated to be 16.40%.
9 analysts offering their estimates for the company have set an average revenue estimate of 692.87M for the current quarter. 7 have an estimated revenue figure of 721.31M for the next ending quarter. Year-ago sales stood 615M and 653M respectively for this quarter and the next, and analysts expect sales will grow by 12.70% for the current quarter and 16.40% for the next.
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 42.25% over the past 5 years.
GRAB Dividends
Grab Holdings Limited is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Grab Holdings Limited (NASDAQ:GRAB)’s Major holders
The top two institutional holders are SB INVESTMENT ADVISERS (UK) LTD with over 401.8 million shares worth more than $1.43 billion. As of 2024-06-30, SB INVESTMENT ADVISERS (UK) LTD held 10.2099% of shares outstanding.
The other major institutional holder is MORGAN STANLEY, with the holding of over 198.42 million shares as of 2024-06-30. The firm’s total holdings are worth over $704.39 million and represent 5.042% of shares outstanding.
