Grab Holdings Limited (NASDAQ:GRAB) has a beta value of 0.90 and has seen 5.45 million shares traded in the recent trading session. The company, currently valued at $16.74B, closed the recent trade at $4.23 per share which meant it lost -$0.08 on the day or -1.86% during that session. The GRAB stock price is -35.22% off its 52-week high price of $5.72 and 29.55% above the 52-week low of $2.98. If we look at the company’s 10-day average daily trading volume, we find that it stood at 43.05 million shares traded. The 3-month trading volume is 34.60 million shares.
The consensus among analysts is that Grab Holdings Limited (GRAB) is Buy stock at the moment, with a recommendation rating of 1.42. 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 0.01.
Grab Holdings Limited (NASDAQ:GRAB) trade information
Sporting -1.86% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GRAB stock price touched $4.23 or saw a rise of 11.32%. Year-to-date, Grab Holdings Limited shares have moved -10.38%, while the 5-day performance has seen it change -12.42%. Over the past 30 days, the shares of Grab Holdings Limited (NASDAQ:GRAB) have changed -11.51%. Short interest in the company has seen 128.09 million shares shorted with days to cover at 2.79.
Wall Street analysts have a consensus price target for the stock at $5.22, which means that the shares’ value could jump 18.97% from the levels at last check today. The projected low price target is $4.7 while the price target rests at a high of $5.75. In that case, then, we find that the latest price level in today’s session is -35.93% off the targeted high while a plunge would see the stock gain -11.11% from the levels at last check today.
Grab Holdings Limited (GRAB) estimates and forecasts
The company’s shares have gained 26.27% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 21.19%.
7 analysts offering their estimates for the company have set an average revenue estimate of 766.15M for the current quarter. 6 have an estimated revenue figure of 810.04M for the next ending quarter. Year-ago sales stood 653M and 664M respectively for this quarter and the next, and analysts expect sales will grow by 17.33% for the current quarter and 21.19% 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 51.71% over the past 5 years.
GRAB Dividends
Grab Holdings Limited is expected to release its next earnings report on 2025-Feb-18 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
Insiders own 22.53% of the company shares, while shares held by institutions stand at 60.25% with a share float percentage of 77.78%. Investors are also buoyed by the number of investors in a company, with Grab Holdings Limited having a total of 670.0 institutions that hold shares in the company. 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 10.1342% 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.
Also the top two Mutual Funds that are holding company’s shares are Artisan Developing World Fund and Advisers Investment Tr-JOHCM International Select Fd. As of Dec 31, 2024, the former fund manager holds about 0.77% shares in the company for having 30.14 shares of worth $127.63 million while later fund manager owns 20.63 shares of worth $87.36 million as of Dec 31, 2024, which makes it owner of about 0.53% of company’s outstanding stock.
