In the latest trading session,, 1.21 million Gerdau S.A. ADR (NYSE:GGB) shares changed hands as the company’s beta touched 1.36. With the company’s most recent per share price at $2.9 changed hands at -$0.02 or -0.73% at last look, the market valuation stands at $3.73B. GGB’s current price is a discount, trading about -24.83% 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 21.72% up since then. When we look at Gerdau S.A. ADR’s average trading volume, we note the 10-day average is 14.43 million shares, with the 3-month average coming to 13.34 million.
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 (NYSE:GGB) trade information
Instantly GGB was in red as seen in intraday trades today. With action -0.05%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -12.16%, with the 5-day performance at -0.05% in the red. However, in the 30-day time frame, Gerdau S.A. ADR (NYSE:GGB) is 10.21% up. Looking at the short shares, we see there were 12.84 million shares sold at short interest cover period of 0.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 42.0% from its recent 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 -72.41% plunge from its current level, while the stock would need to soar -72.41% for it to hit the projected low.
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 -9.09%, but the outlook for the next 5-year period is at 5.72% per year.
GGB Dividends
Gerdau S.A. ADR is expected to release its next quarterly earnings report on 2025-Apr-28. The 3.79% annual yield figure for the share gives it an annual dividend of 0.11. It is important to note, however, that the 3.79% 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. During the past 5 years, the average dividend yield was 7.19 per year.
Gerdau S.A. ADR (NYSE:GGB)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.01% of Gerdau S.A. ADR shares while 24.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 24.52%. There are 24.52% institutions holding the Gerdau S.A. ADR stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 3.8068% of the shares, roughly 80.08 million GGB shares worth $264.26 million.
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 Apr 30, 2025 were Fidelity Advisor Series VIII-Fidelity Advisor Focused Emerging Markets and NEW PERSPECTIVE FUND . With 28.67 shares estimated at $82.99 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 $64.46 million.
