Some Essential Facts About Gerdau

Shares of Basic Materials sector company Gerdau moved 0.8% today, and are now trading at a price of $5.89. The mid-cap stock's daily volume was 1,692,228 compared to its average volume of 13,651,898. The S&P 500 index returned a -0.4% performance.

Gerdau S.A., together with its subsidiaries, operates as a steel producer company in the Americas.The company is based in São Paulo and has 30,000 full time employees. Its market capitalization is $9,864,693,760. Gerdau currently offers its equity investors a dividend that yields 3.4% per year.

2 analysts are following Gerdau and have set target prices ranging from $6.33 to $6.81 per share. On average, they have given the company a rating of strong_buy. At today's prices, GGB is trading -10.27% away from its average analyst target price of $6.57 per share.

Over the last year, GGB's share price has increased by 26.9%, which represents a difference of 41.6% when compared to the S&P 500. The stock's 52 week high is $6.62 per share whereas its 52 week low is $3.94. With an average free cash flow of $3,737,244,750.0 that have been growing at an average rate of 1556.4% over the last four years, Gerdau is in a position to continue its strong stock performance trend.

For a deeper fundamental analysis into Gerdau and other market moving stocks, subscribe to our free newsletter today!

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.