During the last session, Gerdau S.A. ADR (NYSE:GGB)’s traded shares were 15.72 million, with the beta value of the company hitting 1.39. At the end of the trading day, the stock’s price was $2.75, reflecting an intraday loss of -3.17% or -$0.09. The 52-week high for the GGB share is $3.63, that puts it down -32.0 from that peak though still a striking 17.45% gain since the share price plummeted to a 52-week low of $2.27. The company’s market capitalization is $3.54B, and the average trade volume was 11.48 million shares over the past three months.
Gerdau S.A. ADR (GGB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.62. GGB has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
Gerdau S.A. ADR (NYSE:GGB) trade information
The stock plummet -3.17% in intraday trading to $2.75, hitting a weekly high. The stock’s 5-day price performance is 0.00%, and it has moved by 1.48% in 30 days. Based on these gigs, the overall price performance for the year is -22.10%.
The consensus price target of analysts on Wall Street is $5, which implies an increase of 45.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $5 respectively. As a result, GGB is trading at a discount of -81.82% off the target high and -81.82% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.21%. While earnings are projected to return -12.71% in 2025, the next five years will return 3.55% per annum.
GGB Dividends
Gerdau S.A. ADR is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Gerdau S.A. ADR is 0.11, with the dividend yield indicating at 4.00 percent, continuing the trend of increasing dividends in recent years.
Gerdau S.A. ADR (NYSE:GGB)’s Major holders
The next largest institutional holding, with 77.17 million shares, is of CAPITAL INTERNATIONAL INVESTORS’s that is approximately 3.6685% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $254.66 million.
Also, the Mutual Funds coming in first place with the largest holdings of Gerdau S.A. ADR (GGB) shares are Fidelity Advisor Series VIII-Fidelity Advisor Focused Emerging Markets and NEW PERSPECTIVE FUND. Data provided on Mar 31, 2025 indicates that Fidelity Advisor Series VIII-Fidelity Advisor Focused Emerging Markets owns about 28.66 shares. This amounts to just over 2.19 percent of the company’s overall shares, with a $78.82 million market value. The same data shows that the other fund manager holds slightly less at 22.27, or about 1.70% of the stock, which is worth about $61.23 million.
