Gerdau logged a 6.2% change during today's evening session, and is now trading at a price of $5.13 per share. The S&P 500 index moved 0.0%. GGB's trading volume is 7,928,769 compared to the stock's average volume of 8,729,683.
The one analyst following Gerdau has given it a rating of buy and a target price of $6.77 per share. Now, the company is currently trading -24.22% away from its target price.
Anyone interested in buying GGB should be aware of the facts below:
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Gerdau's current price is -87.8% below its Graham number of $42.07, which implies the stock has a margin of safety
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Gerdau has moved -18.7% over the last year, and the S&P 500 logged a change of -6.6%
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Based on its trailing earnings per share of 1.22, Gerdau has a trailing 12 month Price to Earnings (P/E) ratio of 4.2 while the S&P 500 average is 15.97
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GGB has a forward P/E ratio of 5.6 based on its forward 12 month price to earnings (EPS) of $0.91 per share
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The company has a price to earnings growth (PEG) ratio of -4.52 — a number near or below 1 signifying that Gerdau is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 0.2 compared to its sector average of 3.78
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Gerdau S.A., together with its subsidiaries, operates as a steel producer company.
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Based in São Paulo, the company has 30,000 full time employees and a market cap of $9,205,067,776. Gerdau currently returns an annual dividend yield of 71.6%.