Grab Holdings Limited (GRAB) saw an uptrend of 8.50% in the recent trading with $6.0 being its most recent. The current price level 4.90% lower than the highest price of $5.72 marked by the stock while trading over the past 52-weeks, whereas it is 78.57% higher than the lowest price of $3.36 the company dropped to over past 52-weeks. The latest news story on GRAB appeared in (Zacks) under the title “Grab Holdings Limited (GRAB) Is a Trending Stock: Facts to Know Before Betting on It”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 7 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.46 for the stock.
Grab Holdings Limited Earnings – What Happened With GRAB
Coming around sales and income figures on GRAB Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Grab Holdings Limited (GRAB) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 0.00% for net revenue.
GRAB – Grab Holdings Limited Stock Earnings Estimates
The perspective of Grab Holdings Limited (NASDAQ:GRAB)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0 for stock’s EPS in the current quarter. Grab Holdings Limited (GRAB) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 0.00% for net revenue. Company’s EPS for the last quarter was 0.01.
Grab Holdings Limited – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 3.95 billion. GRAB does have institutional investors; and they hold 49.02% of the stock.
As on 2024-06-30, SB INVESTMENT ADVISERS (UK) LTD was the top most holder in Grab Holdings Limited (NASDAQ:GRAB) with an ownership of 401.8 million shares of the company or 10.1342 of the stake worth $1.43 billion. The filing also reveals TOYOTA MOTOR CORP/ as the second largest holder in the company with a control over 5.6222 of the outstanding shares. Its stake is worth $791.32 million for having 222.91 million shares in hand.
MORGAN STANLEY also came holding a key position in the company during the recent quarter and it now holds 5.0046 of the outstanding shares. With this there are now 772.0 institutions which have possession in GRAB’s shares.
Key Metrics for GRAB
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Grab Holdings Limited has a debt to equity ratio of 0.30.
