Investor Trust Slackened After Grab Holdings Limited (NASDAQ: GRAB) Shares Gained By $0.04

EVTL

Grab Holdings Limited (NASDAQ:GRAB) has a beta value of 0.86 and has seen 13.44 million shares traded in the recent trading session. The company, currently valued at $20.52B, closed the recent trade at $5.03 per share which meant it gained $0.04 on the day or 0.90% during that session. The GRAB stock price is -13.72% off its 52-week high price of $5.72 and 40.76% above the 52-week low of $2.98.

The consensus among analysts is that Grab Holdings Limited (GRAB) is Buy stock at the moment, with a recommendation rating of 1.41. 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.

Grab Holdings Limited (NASDAQ:GRAB) trade information

Sporting 0.90% in the green today, 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 $5.03 or saw a rise of 0.2%. Year-to-date, Grab Holdings Limited shares have moved 6.67%, while the 5-day performance has seen it change 4.03%. Over the past 30 days, the shares of Grab Holdings Limited (NASDAQ:GRAB) have changed 24.32%.

Wall Street analysts have a consensus price target for the stock at $5.75, which means that the shares’ value could jump 12.52% from the levels at last check today.. The projected low price target is $5.75 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 -14.31% off the targeted high while a plunge would see the stock gain -14.31% from the levels at last check today..

Grab Holdings Limited (GRAB) estimates and forecasts

The company’s shares have gained 17.92% over the past 6 months.

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 in June 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 10.1342% of shares outstanding.

The other major institutional holder is TOYOTA MOTOR CORP/, with the holding of over 222.91 million shares as of 2024-06-30. The firm’s total holdings are worth over $791.32 million and represent 5.6222% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Artisan Partners Funds Inc.-Artisan Developing World Fund and Perpetual Americas Funds Trust-JOHCM International Select Fund . As of Dec 31, 2024 , the former fund manager holds about 0.77% shares in the company for having 30.14 shares of worth $151.74 million while later fund manager owns 20.63 shares of worth $103.86 million as of Dec 31, 2024 , which makes it owner of about 0.53% of company’s outstanding stock.