Grab Holdings Limited (NASDAQ:GRAB) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Moderate Buy consensus from seven analysts (1 sell, 5 buy, 1 strong buy) with an average 12‑month price target of $6.5571.
• Shares trade around $3.82 with a 52‑week range of $3.48–$6.62; the company has a market cap of about $15.65 billion and a high P/E of 127.38, indicating stretched valuation relative to earnings.
• Significant insider selling: CEO sold 400,000 shares (part of 552,819 shares sold in the last 90 days worth ~$2.06M), while institutions own roughly 55.52% of the stock.

Shares of Grab Holdings Limited (NASDAQ:GRAB - Get Free Report) have received a consensus rating of "Moderate Buy" from the seven analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $6.5571.

A number of equities research analysts have recently commented on GRAB shares. JPMorgan Chase & Co. cut their price target on shares of Grab from $6.10 to $5.90 and set an "overweight" rating on the stock in a report on Monday, April 20th. Sanford C. Bernstein reiterated an "outperform" rating and set a $5.80 price target on shares of Grab in a research note on Monday, January 26th. HSBC upgraded shares of Grab from a "hold" rating to a "buy" rating and set a $6.20 price target on the stock in a research note on Friday, January 16th. Weiss Ratings downgraded shares of Grab from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, April 21st. Finally, Wall Street Zen upgraded shares of Grab from a "sell" rating to a "hold" rating in a research report on Friday, January 23rd.

Grab Price Performance

Shares of NASDAQ GRAB opened at $3.82 on Thursday. Grab has a fifty-two week low of $3.48 and a fifty-two week high of $6.62. The company has a 50 day simple moving average of $3.88 and a two-hundred day simple moving average of $4.67. The company has a market capitalization of $15.65 billion, a price-to-earnings ratio of 127.38, a P/E/G ratio of 0.95 and a beta of 0.99. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.73 and a current ratio of 1.75.

Grab (NASDAQ:GRAB - Get Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. Grab had a net margin of 7.92% and a return on equity of 4.09%. The business had revenue of $906.00 million during the quarter, compared to the consensus estimate of $942.08 million. Analysts expect that Grab will post 0.08 EPS for the current fiscal year.

Insider Activity

In other news, CEO Anthony Ping Yeow Tan sold 400,000 shares of the firm's stock in a transaction on Friday, April 10th. The shares were sold at an average price of $3.68, for a total transaction of $1,472,000.00. Following the sale, the chief executive officer directly owned 425,193 shares in the company, valued at $1,564,710.24. This trade represents a 48.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Philipp Wolfgang Josef Kandal sold 20,000 shares of the firm's stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $4.00, for a total transaction of $80,000.00. Following the sale, the insider owned 4,125,430 shares in the company, valued at $16,501,720. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 552,819 shares of company stock worth $2,056,657. 3.60% of the stock is currently owned by insiders.

Institutional Trading of Grab

Several institutional investors and hedge funds have recently modified their holdings of GRAB. Frank Rimerman Advisors LLC bought a new stake in Grab in the 1st quarter valued at $144,000. Montag A & Associates Inc. bought a new stake in Grab in the 1st quarter valued at $27,000. R Squared Ltd increased its holdings in Grab by 1,090.2% in the 1st quarter. R Squared Ltd now owns 171,976 shares of the company's stock valued at $629,000 after acquiring an additional 157,527 shares during the last quarter. Swedbank AB increased its holdings in Grab by 17.5% in the 1st quarter. Swedbank AB now owns 907,688 shares of the company's stock valued at $3,322,000 after acquiring an additional 135,185 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in Grab by 11.7% in the 1st quarter. HB Wealth Management LLC now owns 48,140 shares of the company's stock valued at $176,000 after acquiring an additional 5,059 shares during the last quarter. 55.52% of the stock is currently owned by institutional investors.

About Grab

Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing "super app" across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.

Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.

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