Grab Holdings Limited$Grab Holdings(GRAB)$ ’s traded shares stood at 29.84 million during the last session. At the close of trading, the stock’s price was $2.50, to imply an increase of 2.04% or $0.05 in intraday trading. The GRAB share’s 52-week high remains $17.15, putting it -586.0% down since that peak but still an impressive 9.6% since price per share fell to its 52-week low of $2.26. The company has a valuation of $10.24B, with average of 23.55 million shares over the past 3 months.
Analysts have given a consensus recommendation of an Overweight for Grab, translating to a mean rating of 2.50. Of 18 analyst(s) looking at the stock, 1 analyst(s) give GRAB a Sell rating. 1 of those analysts rate the stock as Overweight while 4 advise Hold as 12 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.
After registering a 2.04% upside in the last session, Grab has traded red over the past five days. The stock hit a weekly high of 3.07 this Wednesday, 06/15/22, jumping 2.04% in its intraday price action. The 5-day price performance for the stock is -18.30%, and -2.91% over 30 days. With these gigs, the year-to-date price performance is -64.94%.
Analysts on Wall Street suggest a consensus price target of $4.78, implying an increase of 47.7% to the stock’s current value. The extremes give us $2.85 and $8.00 for target low and target high price respectively. As such, GRAB has been trading -220.0% off suggested target high and -14.0% from its likely low.
The rating firms project that company’s revenue will grow 319.70% compared to the previous financial year. Revenue forecast for the current quarter as set by 2 analysts is $2.69 billion.
Grab has its next earnings report out on September 13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Grab Holdings Limited has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
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Comments
2.The company faces stiff competition
3.The company has limited exposure to overseas market
4.The stock is overpriced and investors are not getting returns [Duh]