NYSE - Delayed Quote • USD
Gerdau S.A. (GGB)
At close: April 18 at 4:00 PM EDT
After hours: April 18 at 7:54 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 1 | 1 | 2 | 2 |
| Avg. Estimate | 0.11 | 0.15 | 0.56 | 0.62 |
| Low Estimate | 0.11 | 0.15 | 0.54 | 0.57 |
| High Estimate | 0.11 | 0.15 | 0.59 | 0.67 |
| Year Ago EPS | 0.28 | 0.24 | 0.73 | 0.56 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | -- | -- | 2 | 2 |
| Avg. Estimate | -- | -- | 13.12B | 13.47B |
| Low Estimate | -- | -- | 13.12B | 13.3B |
| High Estimate | -- | -- | 13.12B | 13.64B |
| Year Ago Sales | -- | -- | 13.03B | 13.12B |
| Sales Growth (year/est) | -- | -- | 0.70% | 2.70% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 0.34 | 0.27 | 0.17 | 0.11 |
| EPS Actual | 0.28 | 0.24 | 0.18 | 0.08 |
| Difference | -0.06 | -0.03 | 0.01 | -0.03 |
| Surprise % | -17.60% | -11.10% | 5.90% | -27.30% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.11 | 0.15 | 0.56 | 0.62 |
| 7 Days Ago | 0.13 | 0.14 | 0.56 | 0.59 |
| 30 Days Ago | 0.13 | 0.14 | 0.51 | 0.58 |
| 60 Days Ago | 0 | 0 | 0.46 | 0.59 |
| 90 Days Ago | 0 | 0 | 0.65 | 0.66 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | 1 | 1 | 1 |
| Up Last 30 Days | -- | 1 | 2 | 1 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 1 | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | GGB | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -60.70% | -- | -- | 0.80% |
| Next Qtr. | -37.50% | -- | -- | 9.60% |
| Current Year | -23.30% | -- | -- | 4.50% |
| Next Year | 10.70% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -3.46% | -- | -- | 11.09% |
| Past 5 Years (per annum) | 67.82% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Upgrade | JP Morgan: Neutral to Overweight | 4/15/2024 |
| Downgrade | B of A Securities: Buy to Neutral | 11/20/2023 |
| Downgrade | JP Morgan: Overweight to Neutral | 2/9/2023 |
| Upgrade | Credit Suisse: Neutral to Outperform | 9/9/2021 |
| Upgrade | HSBC: Hold to Buy | 9/17/2018 |
| Upgrade | Morgan Stanley: Equal-Weight to Overweight | 6/5/2018 |
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