NYSE:GGB - Gerdau Stock Price, Price Target & More

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$3.67 -0.02 (-0.54 %)
(As of 06/22/2018 12:56 PM ET)
Previous Close$3.79
Today's Range$3.64 - $3.79
52-Week Range$2.69 - $5.32
Volume341,992 shs
Average Volume13.24 million shs
Market Capitalization$6.67 billion
P/E Ratio15.52
Dividend Yield1.34%
Beta2.31
Gerdau logoGerdau 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

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

Debt

Debt-to-Equity Ratio0.60
Current Ratio2.39
Quick Ratio1.54

Price-To-Earnings

Trailing P/E Ratio15.52
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$11.57 billion
Price / Sales0.55
Cash Flow$0.4503 per share
Price / Cash8.15
Book Value$4.35 per share
Price / Book0.84

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-112,550,000.00
Net Margins-1.86%
Return on Equity4.01%
Return on Assets1.90%

Miscellaneous

Employees30
Outstanding Shares1,719,660,000

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 declared a special dividend on Monday, May 14th. Shareholders of record on Thursday, May 24th will be given a dividend of $0.0225 per share on Friday, June 8th. This represents a yield of 0.75%. The ex-dividend date of this dividend is Wednesday, May 23rd. This is a boost from Gerdau's previous special dividend of $0.02. View Gerdau's Dividend History.

How were Gerdau's earnings last quarter?

Gerdau SA (NYSE:GGB) announced its quarterly earnings data on Wednesday, May, 4th. The basic materials company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.02. The basic materials company had revenue of $2.58 billion for the quarter. Gerdau had a positive return on equity of 4.01% and a negative net margin of 1.86%. View Gerdau's Earnings History.

When is Gerdau's next earnings date?

Gerdau is scheduled to release their next quarterly earnings announcement on Thursday, June, 28th 2018. View Earnings Estimates for Gerdau.

What price target have analysts set for GGB?

7 brokerages have issued 12-month price objectives for Gerdau's shares. Their predictions range from $4.00 to $4.00. On average, they expect Gerdau's stock price to reach $4.00 in the next year. View Analyst Ratings for Gerdau.

Are investors shorting Gerdau?

Gerdau saw a decline in short interest during the month of May. As of May 15th, there was short interest totalling 48,138,017 shares, a decline of 6.5% from the April 30th total of 51,499,802 shares. Based on an average daily trading volume, of 7,375,106 shares, the days-to-cover ratio is presently 6.5 days. 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

Has Gerdau been receiving favorable news coverage?

Media headlines about GGB stock have been trending somewhat positive recently, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gerdau earned a media sentiment score of 0.10 on Accern's scale. They also gave headlines about the basic materials company an impact score of 45.85 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are Gerdau's major shareholders?

Gerdau's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.17%), Dimensional Fund Advisors LP (1.16%), JPMorgan Chase & Co. (0.43%), Millennium Management LLC (0.16%), Amundi Pioneer Asset Management Inc. (0.14%) and Prince Street Capital Management LLC (0.14%). View Institutional Ownership Trends for Gerdau.

Which institutional investors are selling Gerdau stock?

GGB stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BNP Paribas Arbitrage SA, Van ECK Associates Corp, Dimensional Fund Advisors LP, Barclays PLC, Amundi Pioneer Asset Management Inc., Boston Partners and Daiwa Securities Group Inc.. View Insider Buying and Selling for Gerdau.

Which institutional investors are buying Gerdau stock?

GGB stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Prince Street Capital Management LLC, Millennium Management LLC, Banco de Sabadell S.A, Sei Investments Co., Mizuho Securities USA LLC, Newfoundland Capital Management and Jane Street Group LLC. View Insider Buying and Selling for Gerdau.

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 $3.67.

How big of a company is Gerdau?

Gerdau has a market capitalization of $6.67 billion and generates $11.57 billion in revenue each year. Gerdau employs 30 workers across the globe.

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 (GGB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  385
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 6/22/2018 by MarketBeat.com Staff

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