In the last trading session, 16.67 million Gerdau S.A. ADR (NYSE:GGB) shares changed hands as the company’s beta touched 1.36. With the company’s per share price at $3.15 changed hands at -$0.04 or -1.25% during last session, the market valuation stood at $4.05B. GGB’s last price was a discount, traded about -14.92% off its 52-week high of $3.62. The share price had its 52-week low at $2.27, which suggests the last value was 27.94% up since then.
Analysts gave the Gerdau S.A. ADR (GGB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.31. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GGB as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Gerdau S.A. ADR’s EPS for the current quarter is expected to be 0.57.
Gerdau S.A. ADR (NYSE:GGB) trade information
Instantly GGB was in red as seen at the end of in last trading. With action 10.92%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 9.37%, with the 5-day performance at 10.92% in the green. However, in the 30-day time frame, Gerdau S.A. ADR (NYSE:GGB) is 20.23% up.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 37.0% from its current market value. According to analyst projections, GGB’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -58.73% plunge from its current level, while the stock would need to soar -58.73% for it to hit the projected low.
Gerdau S.A. ADR (GGB) estimates and forecasts
Year-over-year growth is forecast to reach 4.80% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 18.61B. 2 analysts are of the opinion that Gerdau S.A. ADR’s revenue for the current quarter will be 18.76B. The company’s revenue for the corresponding quarters a year ago was 16.62B and 17.38B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 11.99%. The estimates for the next quarter sales put growth at 7.96%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 23.21%. The 2025 estimates are for Gerdau S.A. ADR earnings to decrease by -8.73%, but the outlook for the next 5-year period is at 5.59% per year.
GGB Dividends
Gerdau S.A. ADR is expected to release its next quarterly earnings report in July. The 3.50% annual yield figure for the share gives it an annual dividend of 0.11. It is important to note, however, that the 3.50% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Gerdau S.A. ADR (NYSE:GGB)’s Major holders
CAPITAL INTERNATIONAL INVESTORS holds the second largest percentage of outstanding shares, with 3.6685% or 77.17 million shares worth $254.66 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were Fidelity Advisor Series VIII-Fidelity Advisor Focused Emerging Markets and NEW PERSPECTIVE FUND. With 28.66 shares estimated at $90.29 million under it, the former controlled 2.19% of total outstanding shares. On the other hand, NEW PERSPECTIVE FUND held about 1.70% of the shares, roughly 22.27 shares worth around $70.14 million.
