During the recent session, Grab Holdings Limited (NASDAQ:GRAB)’s traded shares were 6.76 million, with the beta value of the company hitting 0.88. At the last check today, the stock’s price was $4.47, reflecting an intraday loss of -2.83% or -$0.13. The 52-week high for the GRAB share is $5.72, that puts it down -27.96 from that peak though still a striking 33.33% gain since the share price plummeted to a 52-week low of $2.98. The company’s market capitalization is $17.69B, and the average trade volume was 33.96 million shares over the past three months.
Grab Holdings Limited (GRAB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.48. GRAB has a Sell rating from 1 analyst(s) out of 7 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.01.
Grab Holdings Limited (NASDAQ:GRAB) trade information
Grab Holdings Limited (GRAB) registered a -2.83% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.83% in intraday trading to $4.47, hitting a weekly high. The stock’s 5-day price performance is -7.84%, and it has moved by -1.97% in 30 days. Based on these gigs, the overall price performance for the year is 44.66%.
The consensus price target of analysts on Wall Street is $5.22, which implies an increase of 14.37% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.7 and $5.75 respectively. As a result, GRAB is trading at a discount of -28.64% off the target high and -5.15% off the low.
Grab Holdings Limited (GRAB) estimates and forecasts
In the rating firms’ projections, revenue will increase 20.16% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 766.15M as predicted by 7 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 810.04M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 653M and 664M respectively. In this case, analysts expect current quarter sales to grow by 17.33% and then jump by 21.99% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 51.71%. While earnings are projected to return 322.28% in 2025.
GRAB Dividends
Grab Holdings Limited is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Grab Holdings Limited (NASDAQ:GRAB)’s Major holders
The next largest institutional holding, with 198.42 million shares, is of MORGAN STANLEY’s that is approximately 5.042% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $704.39 million.
Also, the Mutual Funds coming in first place with the largest holdings of Grab Holdings Limited (GRAB) shares are College Retirement Equities Fund-Stock Account and Artisan Developing World Fund. Data provided on Sep 30, 2024 indicates that College Retirement Equities Fund-Stock Account owns about 31.23 shares. This amounts to just over 0.80 percent of the company’s overall shares, with a $138.82 million market value. The same data shows that the other fund manager holds slightly less at 30.14, or about 0.77% of the stock, which is worth about $133.96 million.
