Gerdau S.A. (GGB)

NYSE: GGB · Real-Time Price · USD
3.470
+0.040 (1.17%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.17%
Market Cap 6.92B
Revenue (ttm) 11.92B
Net Income (ttm) 886.70M
Shares Out 2.09B
EPS (ttm) 0.42
PE Ratio 7.80
Forward PE 7.16
Dividend $0.17 (4.98%)
Ex-Dividend Date Aug 13, 2024
Volume 5,177,447
Open 3.430
Previous Close 3.430
Day's Range 3.415 - 3.500
52-Week Range 2.920 - 4.108
Beta 1.34
Analysts Strong Buy
Price Target 5.00 (+44.09%)
Earnings Date Nov 5, 2024

About GGB

Gerdau S.A., together with its subsidiaries, operates as a steel producer company. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It also provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wir... [Read more]

Industry Steel
Sector Materials
IPO Date Mar 10, 1999
Employees 27,371
Stock Exchange NYSE
Ticker Symbol GGB
Full Company Profile

Financial Performance

In 2023, Gerdau's revenue was 68.92 billion, a decrease of -16.38% compared to the previous year's 82.41 billion. Earnings were 7.50 billion, a decrease of -34.34%.

Financial numbers in BRL Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GGB stock is "Strong Buy." The 12-month stock price forecast is $5.0, which is an increase of 44.09% from the latest price.

Price Target
$5.0
(44.09% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Gerdau S.A. (GGB) Q3 2024 Earnings Call Transcript

Gerdau S.A. (NYSE:GGB) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Mariana Dutra - Head, IR Gustavo Werneck - CEO Rafael Japur - CFO Conference Call Participant...

14 days ago - Seeking Alpha

GERDAU S.A. - CONSOLIDATED INFORMATION

SÃO PAULO, Nov. 5, 2024 /PRNewswire/ -- 3Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 3.0 billion in the third quarter, 14.9% higher compared t...

15 days ago - PRNewsWire

Gerdau: Demand From The Automotive Industry And Undervalued

Gerdau S.A. is significantly undervalued, benefiting from the automotive industry growth, electric vehicle development, and electrical transmission renovation globally. The company has a strong financ...

2 months ago - Seeking Alpha

Gerdau S.A. (GGB) Q2 2024 Earnings Call Transcript

Gerdau S.A. (NYSE:GGB) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Mariana Velho Dutra - Head, IR Gustavo Werneck - CEO Rafael Japur - CFO Conference Call Partici...

3 months ago - Seeking Alpha

Gerdau S.A. (GGB) Q1 2024 Earnings Call Transcript

Gerdau S.A. (NYSE:GGB) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Renata Oliva Battiferro - Head-Investor Relations Gustavo Werneck - Chief Executive Officer Rafael...

7 months ago - Seeking Alpha

GERDAU S.A. - FORM 20-F

SÃO PAULO, March 28, 2024 /PRNewswire/ -- GERDAU S.A. hereby announces that the Form 20-F related to the fiscal year ended December 31, 2023 was filed with the U.S. Securities and Exchange Commission ...

8 months ago - PRNewsWire

Gerdau S.A. (GGB) Q4 2023 Earnings Call Transcript

Gerdau S.A. (GGB) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Gerdau: Infrastructure Spending Could Fuel Growth In Face Of Cheap Chinese Steel

Gerdau S.A. faces short-term challenges due to cheap Chinese steel exports but should benefit from significant infrastructure spending in the US and Brazil. GGB has significant exposure to the US mark...

10 months ago - Seeking Alpha

Gerdau S.A. (GGB) Q3 2023 Earnings Call Transcript

Gerdau S.A. (NYSE:GGB) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Renata Oliva Battiferro - Head of Investor Relations Gustavo Werneck - Chief Executive Office...

1 year ago - Seeking Alpha

5 High-Yielding Stocks in Sarah Ketterer's Portfolio

Investing in companies that pay dividends while prices are down is one way investors can hedge their portfolios against inflation and other headwinds. While there is always a risk of the dividend bein...

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1 year ago - GuruFocus

Gerdau: Valuation Matters In The Downturn

Gerdau, a Brazilian steel giant, has faced challenges in 2023 due to a significant slowdown in domestic steel demand and uncertainties driven by China's economy. Despite these challenges, Gerdau has m...

1 year ago - Seeking Alpha

Gerdau introduces recyclable steel into Formula 1 São Paulo Grand Prix

At event in the city of São Paulo, executives of Gerdau and São Paulo Grand Prix announced unprecedented partnership, which will offer new sustainable experience in the Brazilian round of the world's ...

1 year ago - PRNewsWire

69 Ben Graham September Value Stocks: 55 Ridiculous Buys

“Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." —YCharts Value Screener. 69 August Value large caps and...

Other symbols: CALMDHTETHEHSBCHTGCLPG
1 year ago - Seeking Alpha

Gerdau: Asymmetric Bet On U.S. Infrastructure Renewal And Brazil Prosperity

Gerdau is well-positioned to benefit from increasing global steel demand and potential supply problems in the USA. The company has a strong balance sheet and shows an excellent ability to generate cas...

1 year ago - Seeking Alpha

Gerdau S.A. (GGB) Q2 2023 Earnings Call Transcript

Gerdau S.A. (NYSE:GGB) Q2 2023 Earnings Conference Call August 9, 2023 11:00 AM ET Company Participants Gustavo Werneck – Chief Executive Officer Rafael Japur – Chief Financial Officer Renata Oliva B...

1 year ago - Seeking Alpha

70 Ben Graham August Value Stocks, 59 Absurd Buys

“Value ranking, looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed. “—YCharts Value Screener. 70 August Value large caps an...

1 year ago - Seeking Alpha

Readers Reveal 30 June Dividend Buys

Prior to June 30, 2023, my readers mentioned 42 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target...

1 year ago - Seeking Alpha

51 Ideal July Value Buys From Ben Graham

“Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed.“—YCharts Value Screener. Here are 64 July value large ca...

Other symbols: BGFVCALMCIBDHTETICLLPG
1 year ago - Seeking Alpha

54 Ideal June Value Buys From Benjamin Graham's Work

"Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." — YCharts Value Screener. 67 June value large caps and ...

Other symbols: BGFVDHTICLJXNLPGPBRPDM
1 year ago - Seeking Alpha

Gerdau Is Positioned For Long-Term Success

Gerdau has vastly trailed the stock market in the last five years. However, GGB's dividend issuance is so strong that total shareholder returns have closed the gap on the market.

1 year ago - Seeking Alpha

Gerdau: A Good Income Stock, But Not The Right Moment To Buy

Gerdau has robust fundamentals, excellent geographical diversification and trades at a forward price-to-earnings of roughly 5 times. The last earnings results showed a retraction in the company's top ...

1 year ago - Seeking Alpha

Gerdau SA (GGB) Q4 2022 Earnings Call Transcript

Gerdau SA (NYSE:GGB) Q4 2022 Earnings Conference Call March 1, 2023 12:00 PM ET Company Participants Gustavo Werneck - CEO & Director Rafael Japur - EVP, CFO & IR Officer Renata Battiferro - IR Manag...

1 year ago - Seeking Alpha

7 Dividend-Paying Stocks to Consider

Selected using techniques derived from the works of Benjamin Graham, these basic value stocks are trading below book value and pay dividends. Such equities are for those taking a long-term approach to...

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1 year ago - GuruFocus

Gerdau: Remains A Solid Income Play

Gerdau's forward yield now tops 10%. Free cash-flow numbers remain buoyant.

1 year ago - Seeking Alpha

9 January Mighty Divvy Nifty 50 Dogs To Buy Now

Mid-December, on a whim, I queried YCharts for U.S. dividend stocks yielding greater than 3.5% annually and pegged “attractive” in their Y-ratings (ranging from “not-rated” to “avoid”, “neutral”, or “...

1 year ago - Seeking Alpha