Grindrod Shipping Holdings Ltd. (GRIN)

NASDAQ: GRIN · IEX Real-Time Price · USD

13.60

-0.16 (-1.16%)

At close: Apr 24, 2024, 4:00 PM

13.62

+0.02 (0.15%)

After-hours: Apr 24, 2024, 6:47 PM EDT

Grindrod Shipping Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for Grindrod Shipping.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

According to 1 stock analyst, the rating for Grindrod Shipping is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	0	0	0	0	0
Buy	0	0	0	0	0
Hold	1	1	1	1	1
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Poe Fratt Alliance Global Partners	Alliance Global Partners	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Oct 16, 2023
Poe Fratt Alliance Global Partners	Alliance Global Partners	Hold → Strong Buy Upgrades $13	Hold → Strong Buy	Upgrades	$13	-8.09%	Jul 17, 2023
Poe Fratt Alliance Global Partners	Alliance Global Partners	Strong Buy Initiates $32	Strong Buy	Initiates	$32	+135.29%	Aug 3, 2022
Randy Giveans Jefferies	Jefferies	Strong Buy Initiates n/a	Strong Buy	Initiates	n/a	n/a	Oct 28, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

186.44M

from 387.10M

-51.84%

from 387.10M

Revenue Next Year

n/a

from 186.44M

EPS This Year

0.59

from -0.49

EPS Next Year

n/a

from 0.59

Year	2019	2020	2021	2022	2023	2024
Revenue	272.29M	210.68M	455.84M	460.46M	387.10M	186.44M
Revenue Growth	-14.65%	-22.63%	116.36%	1.01%	-15.93%	-51.84%
EPS	-2.29	-2.05	5.94	5.45	-0.49	0.59
EPS Growth	-	-	-	-8.25%	-	-
No. Analysts	-	-	-	-	-	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024
High	191.9M
Avg	186.4M
Low	179.1M

Revenue Growth

Revenue Growth	2024
High	-50.4%
Avg	-51.8%
Low	-53.7%

EPS Forecast

EPS	2024
High	0.61
Avg	0.59
Low	0.57

EPS Growth

EPS Growth	2024
High	-
Avg	-
Low	-

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.