Gerdau S.A. (GGB)
NYSE: GGB · IEX Real-Time Price · USD
4.410
+0.020 (0.46%)
Mar 28, 2024, 1:22 PM EDT - Market open
Gerdau Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Gerdau stock has a target of 5.10, which predicts an increase of 15.65% from the current stock price of 4.41.
Analyst Consensus: Hold
* Price targets were last updated on Nov 20, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Gerdau is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $5.6 → $5.1 | Strong Buy → Hold | Downgrades | $5.6 → $5.1 | +15.65% | Nov 20, 2023 |
JP Morgan | JP Morgan | Buy → Hold Downgrades $6.67 → $5.71 | Buy → Hold | Downgrades | $6.67 → $5.71 | +29.48% | Feb 9, 2023 |
Credit Suisse | Credit Suisse | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Sep 9, 2021 |
JP Morgan | JP Morgan | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Sep 1, 2017 |
Financial Forecast
Revenue This Year
72.12B
from 82.41B
Decreased by -12.49%
Revenue Next Year
68.73B
from 72.12B
Decreased by -4.70%
EPS This Year
4.83
from 6.19
Decreased by -22.01%
EPS Next Year
3.16
from 4.83
Decreased by -34.61%
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | 76.2B | 73.0B | 77.4B | 79.1B | 83.3B |
Avg | 72.1B | 68.7B | 70.5B | 73.2B | 73.6B |
Low | 67.0B | 62.7B | 63.1B | 64.6B | 62.4B |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | -7.6% | 1.3% | 12.6% | 12.2% | 13.8% |
Avg | -12.5% | -4.7% | 2.6% | 3.8% | 0.6% |
Low | -18.7% | -13.0% | -8.2% | -8.3% | -14.7% |
EPS Forecast
EPS | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
High | 6.28 | 5.55 | 6.05 | 3.36 |
Avg | 4.83 | 3.16 | 3.29 | 3.02 |
Low | 3.95 | 1.85 | 2.30 | 2.62 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
High | 1.4% | 15.1% | 91.6% | 2.1% |
Avg | -22.0% | -34.6% | 4.2% | -8.1% |
Low | -36.2% | -61.6% | -27.0% | -20.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.