Analysts Point To Gerdau S.A. ADR (NYSE: GGB) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that GERDAU S.A. – CONSOLIDATED INFORMATION.

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Stocks Info

As a NYSE listed company, GGB falls under the Basic Materials sector while operating within the Steel industry segment. At the end of the last regular session, the stock closed at $4.28 and fluctuated between $4.3000 as its day high and $4.2050 as its day low. The current market capitalization of Gerdau S.A. ADR is $4.92B. A total of 4.9 million shares were traded on the day, compared to an average of 5.74M shares.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Gerdau S.A. ADR pays an annual dividend of $0.32, resulting in a dividend yield of 7.48%, and it has a price to earnings (P/E) ratio of 4.70. GGB’s most recent ex-dividend date was 11/20/2023 when it declared a $0.0962 quarterly dividend that was paid in cash on 12/20/2023. Previously, the company paid the dividend on 9/6/2023 with an ex-dividend date of 8/21/2023. The GGB stock dividend was $0.0878 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for GGB in the last 3 months, the mean price target is $28.86 with high estimates of $35.00 and low estimates of $23.00. In terms of 52-week highs and lows, GGB has a high of $6.16 and a low of $4.15.

As of this writing, GGB has an earnings estimate of $Taseko Mines, Ltd. per share for the current quarter. EPS was calculated based on a consensus of Gabelli Equity Trust, Inc. (The estimates, with a high estimate of $CGI Inc. per share and a lower estimate of $Gerdau S.A.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. GGB’s latest balance sheet shows that the firm has $6.79B in Cash & Short Term Investments as of fiscal 2021. There were $14.98B in debt and $14.04B in liabilities at the time. Its Book Value Per Share was $5.78, while its Total Shareholder’s Equity was $42.82B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GGB is Buy with a score of 3.67.

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