NYSE:GGB - Gerdau Stock Price, News, & Analysis

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$3.90 -0.07 (-1.76 %)
(As of 12/13/2018 11:06 AM ET)
Previous Close$3.97
Today's Range$3.90 - $3.98
52-Week Range$3.37 - $5.32
Volume3.05 million shs
Average Volume11.93 million shs
Market Capitalization$6.76 billion
P/E Ratio43.33
Dividend Yield3.20%
Beta2.19
Gerdau S.A. provides steel-related products and services worldwide. It operates through four segments: Brazil Operations, North America Operations, South America Operations, and Special Steel Operations. The company offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles, which are used primarily in the construction and manufacturing industries; and drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps, as well as mines and produces iron ore. It also produces special steel products for use in auto parts, light and heavy vehicles, and agricultural machinery, as well as the oil and gas, wind energy, machinery and equipment, mining and rail, and others markets. In addition, the company offers flat products comprising hot rolled coils and heavy plates; and resells flat steel products. It sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in Sao Paulo, Brazil. Gerdau S.A. is a subsidiary of Metalurgica Gerdau S.A.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Steel works, blast furnaces, & rolling & finishing mills
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSE:GGB
Previous Symbol
CUSIPN/A
Phone55-51-3323-2703

Debt

Debt-to-Equity Ratio0.60
Current Ratio2.42
Quick Ratio1.43

Price-To-Earnings

Trailing P/E Ratio43.33
Forward P/E Ratio9.29
P/E Growth0.38

Sales & Book Value

Annual Sales$11.57 billion
Price / Sales0.58
Cash Flow$0.4727 per share
Price / Cash Flow8.25
Book Value$4.35 per share
Price / Book0.90

Profitability

EPS (Most Recent Fiscal Year)$0.09
Net Income$-112,550,000.00
Net Margins0.80%
Return on Equity9.41%
Return on Assets4.46%

Miscellaneous

EmployeesN/A
Outstanding Shares1,719,660,000
Market Cap$6.76 billion
OptionableOptionable

Gerdau (NYSE:GGB) Frequently Asked Questions

What is Gerdau's stock symbol?

Gerdau trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGB."

How often does Gerdau pay dividends? What is the dividend yield for Gerdau?

Gerdau announced a special dividend on Thursday, November 8th. Shareholders of record on Monday, November 26th will be given a dividend of $0.0345 per share on Monday, December 10th. The ex-dividend date of this dividend is Friday, November 23rd. View Gerdau's Dividend History.

How were Gerdau's earnings last quarter?

Gerdau SA (NYSE:GGB) announced its earnings results on Wednesday, November, 7th. The basic materials company reported $0.15 EPS for the quarter. The basic materials company earned $3.26 billion during the quarter. Gerdau had a return on equity of 9.41% and a net margin of 0.80%. View Gerdau's Earnings History.

When is Gerdau's next earnings date?

Gerdau is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Gerdau.

What is the consensus analysts' recommendation for Gerdau?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gerdau in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gerdau.

Has Gerdau been receiving favorable news coverage?

Press coverage about GGB stock has been trending somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gerdau earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting Gerdau?

Gerdau saw a drop in short interest during the month of November. As of November 30th, there was short interest totalling 88,318,526 shares, a drop of 8.6% from the November 15th total of 96,678,468 shares. Based on an average daily volume of 13,267,112 shares, the short-interest ratio is presently 6.7 days. Approximately 7.7% of the company's stock are sold short. View Gerdau's Current Options Chain.

Who are some of Gerdau's key competitors?

Who are Gerdau's key executives?

Gerdau's management team includes the folowing people:
  • Mr. Claudio Gerdau Johannpeter, Chairman (Age 55)
  • Mr. Harley Lorentz Scardoelli, Exec. VP, CFO & Investor Relations Officer (Age 55)
  • Mr. Francisco Deppermann Fortes, VP of HR, IT, Corp. Process of Engineer and Safety & Environment (Age 55)
  • Mr. Gustavo Werneck Da Cunha, Chief Exec. Officer (Age 45)
  • Clemir Uhlein, Accounting Director

Who are Gerdau's major shareholders?

Gerdau's stock is owned by a number of of institutional and retail investors. Top institutional investors include Capital Growth Management LP (1.16%), Dimensional Fund Advisors LP (1.00%), BlackRock Inc. (0.92%), Fairpointe Capital LLC (0.81%), Axiom International Investors LLC DE (0.76%) and Vanguard Group Inc. (0.53%).

Which institutional investors are selling Gerdau stock?

GGB stock was sold by a variety of institutional investors in the last quarter, including Fairpointe Capital LLC, Marshall Wace North America L.P., Renaissance Technologies LLC, BlackRock Inc., Dimensional Fund Advisors LP, Vanguard Group Inc., Credit Suisse AG and AMG Funds LLC.

Which institutional investors are buying Gerdau stock?

GGB stock was acquired by a variety of institutional investors in the last quarter, including Capital Growth Management LP, Man Group plc, Fisher Asset Management LLC, Canada Pension Plan Investment Board, Axiom International Investors LLC DE, TIAA CREF Investment Management LLC, Deprince Race & Zollo Inc. and Marshall Wace LLP.

How do I buy shares of Gerdau?

Shares of GGB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gerdau's stock price today?

One share of GGB stock can currently be purchased for approximately $3.9050.

How big of a company is Gerdau?

Gerdau has a market capitalization of $6.76 billion and generates $11.57 billion in revenue each year. The basic materials company earns $-112,550,000.00 in net income (profit) each year or $0.09 on an earnings per share basis.

What is Gerdau's official website?

The official website for Gerdau is http://www.gerdau.com.br.

How can I contact Gerdau?

Gerdau's mailing address is AV. FARRAPOS 1811, PORTO ALEGRE D5, 90220. The basic materials company can be reached via phone at 55-51-3323-2703 or via email at [email protected]


MarketBeat Community Rating for Gerdau (NYSE GGB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  454
MarketBeat's community ratings are surveys of what our community members think about Gerdau and other stocks. Vote "Outperform" if you believe GGB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GGB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2018 by MarketBeat.com Staff

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