Gerdau S.A. (GGB)

Market Cap	6.34B
Revenue (ttm)	11.92B
Net Income (ttm)	886.70M
Shares Out	2.09B
EPS (ttm)	0.42
PE Ratio	7.15
Forward PE	6.99
Dividend	$0.15 (4.68%)
Ex-Dividend Date	Nov 21, 2024

Volume	11,673,265
Open	3.090
Previous Close	3.110
Day's Range	3.070 - 3.150
52-Week Range	2.920 - 4.108
Beta	1.34
Analysts	Strong Buy
Price Target	5.00 (+60.77%)
Earnings Date	Feb 1, 2025

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...

• Industry: Steel
• Sector: Materials
• IPO Date: Mar 10, 1999
• Employees: 27,371
• Stock Exchange: NYSE
• Ticker Symbol: GGB
• Website: https://www2.gerdau.com

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

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 60.77% from the latest price.

Price Target

$5.0

(60.77% upside)

Analyst Consensus: Strong Buy