Gerdau SA (GGB) hit its 1-Year High price on 02/21/17

Adjust Comment Print

Gerdau S.A. (GGB), a part of Basic Materials sector and belongs to Steel & Iron industry; ended its day with no change 0.00% and finalized at the price of $2.82.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.3 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -4.58% where SMA50 and SMA200 are -8.74% and -16.88% respectively. Alpha One also assigned headlines about the basic materials company an impact score of 100 out of 100, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Gerdau S.A. (GGB) has the market capitalization of $4.91 Billion. Gerdau S.A. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 12.7.

Heading into the stock price potential, Gerdau S.A. needs to grow just 47.52% to cross its median price target of $4.16.

The company reported an impressive total revenue of 37.65 Billion in the last fiscal year.

Intel Chiefs Refuse to Answer Trump-Russia Questions
The former director "is now on record saying that the president tried to impede the investigation of Flynn", Goodman said. Sheila Jackson Lee and Maxine Waters, as well as another well-known fired Justice Department official, Preet Bharara.

The company has mean EPS estimate of 0.1 reported by 1 number of analyst for the quarter ending Current Qtr.(Jun2017). Gerdau SA has a consensus rating of "Hold" and a consensus target price of $3.00. Leading up to this report, we have seen a -2.42% fall in the stock price over the last 30 days and a -31.55% decline over the past 3 months.

Liquidity ratios helps investors to determine a company's ability to pay off its debts. Itau Unibanco Holding S.A. increased its stake in shares of Gerdau SA by 90.0% in the third quarter. The stock has relative volume of 1.00.

The stock is now showing YTD performance of -10.19 Percent. Beta can be useful to gauge stock price volatility in relation to the broader market. Using the year-to-date time frame, this value is calculated by comparing the individual change in stock price to the price change of the S&P 500 index over that same period.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, GGB earned gross profit of 5.14 Billion, in 2015 4.29 Billion gross profit, while in 2016 Gerdau S.A. (GGB) produced 3.46 Billion profit. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -4.48%.

Gerdau S.A. was covered by a number of analysts recently, 0 rated the stock as Buy, 1 rated Hold, 0 rated sell and 0 gave an Underperform.

Comments