Payout ratios above 75% are not desirable because they may not be sustainable. Gerdau has only been the subject of 2 research reports in the past 90 days. According to analysts' consensus price target of $6.00, Gerdau has a forecasted upside of 22.2% from its current price of $4.91. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

In this case, analysts estimate an annual EPS growth of -4.60% for the year and -35.90% for the next year. The Barchart Technical Opinion widget shows you today's overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.

Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. While it's difficult to consider bidding up enterprises in the equities sector during this troubled period, long-term stocks to buy may eventually yield significant rewards for patient investors. According to 24 analysts, the average rating for GGB stock is "Buy." The 12-month stock price forecast is $7.27, which is an increase of 50.36% from the latest price. Real-time analyst ratings, insider transactions, earnings data, and more. Gerdau announced a quarterly dividend on Thursday, March 2nd.

Brazilian stocks rise on euro pledge

Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years. Several research analysts recently weighed in on the company.

Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

Gerdau has a twelve month low of $3.94 and a twelve month high of $6.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.32 and a quick ratio of 1.00. The firm has a market cap of $8.89 billion, a price-to-earnings ratio of 3.39 and a beta of 1.63. The firm's fifty day simple moving average is $5.87 and its two-hundred day simple moving average is $5.41.

Price and EPS Surprise Chart

Intraday data delayed at least 15 minutes or per exchange requirements. On average, analysts have forecast the company’s revenue for the quarter will hit $3.48 billion, with the likely lows of $3.48 billion and highs of $3.48 billion. The average estimate suggests sales growth for the quarter will likely fall by -13.70% when compared to those recorded in the same quarter in the last financial year.

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning https://day-trading.info/ of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

• On average, analysts have forecast the company’s revenue for the quarter will hit $3.48 billion, with the likely lows of $3.48 billion and highs of $3.48 billion.
• The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
• MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on...
• The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries.
• The P/E ratio of Gerdau is 3.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 84.61.
• The technique has proven to be very useful for finding positive surprises.

Nevertheless, we are always paying attention to the latest... By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. One share of GGB stock can currently be purchased for approximately $4.91. The company is scheduled to release its next quarterly earnings announcement on Thursday, March 30th 2023.

Insider Trades

Please send any questions or comments about this story to The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades.

With stocks taking another dive after the latest inflatio... Against the current challenging backdrop, it would be prudent to invest in some top-notch dividend-paying steel stocks. TX, GGB, APEMY and ANIOY are worth adding to your portfolio. Gerdau could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a higher news sentiment than the 0.30 average news sentiment score of Basic Materials companies. The technique has proven to be very useful for finding positive surprises. The company's Stock price change every day as a result of market forces. If more people want to buy a stock than sell it , then the price moves up. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall.

Gerdau closed at $5.47 in the latest trading session, marking a +0.55% move from the prior day. In the latest trading session, Gerdau closed at $5.41, marking a -1.64% move from the previous day. Gerdau closed at $5.07 in the latest trading session, marking a -1.93% move from the prior day.

Momentum Rank

MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication.

If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself. Only 12 people have added Gerdau to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

Stockholders of record on Thursday, March 16th will be given a $0.0788 dividend. This represents a $0.32 annualized dividend and a dividend yield of 6.10%. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information.

Gerdau (GGB) Stock Moves -0.65%: What You Should Know

Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer. 96 employees have rated Gerdau Chief Executive Officer André Bier Gerdau Johannpeter on Glassdoor.com. André Bier Gerdau Johannpeter has an approval rating of 53% among the company's employees.

The consensus among Wall Street research analysts is that investors should "hold" GGB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GGB, but not buy additional shares or sell existing shares. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with 1 upward and no downward reviews. On the technical perspective front, indicators give GGB a short term outlook of 50% Sell on average.

Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company's dividend bonds will deliver in 2021 expressed as a percentage of its current stock price. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

GGB: What are Zacks experts saying now?

An investor that had 100 shares of stock prior to the split would have 105 shares after the split. The P/E ratio of Gerdau is 3.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 84.61. Based on EPS estimates, Gerdau will have a dividend payout ratio of 144.44% in the coming year. This indicates that Gerdau may not be able to sustain their current dividend.

Gerdau made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move. Sign-up to receive the latest news and ratings for Gerdau and its competitors with MarketBeat's FREE daily newsletter. In the past three months, Gerdau insiders have not sold or bought any company stock.

There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.