Grab Holdings Limited [GRAB] stock is trading at $4.89, up 11.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GRAB shares have gain 16.71% over the last week, with a monthly amount glided 34.71%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Grab Holdings Limited [NASDAQ: GRAB] stock has seen the most recent analyst activity on October 23, 2024, when Daiwa Securities initiated its Outperform rating and assigned the stock a price target of $4.60. Previously, Mizuho started tracking the stock with Outperform rating on June 27, 2024, and set its price target to $5. JP Morgan upgraded its rating to a Overweight and increased its price target to $3.80 on January 18, 2024. Barclays upgraded its rating to a Overweight but $4.50 remained the price target by the analyst firm on August 24, 2023. JP Morgan upgraded its rating to Neutral for this stock on June 22, 2023, and upped its price target to $3.10. In a note dated April 21, 2023, The Benchmark Company initiated an Buy rating and provided a target price of $4 on this stock.
Grab Holdings Limited [GRAB] stock has fluctuated between $2.90 and $4.44 over the past year. Currently, Wall Street analysts expect the stock to reach $6.37 within the next 12 months. Grab Holdings Limited [NASDAQ: GRAB] shares were valued at $4.89 at the most recent close of the market. An investor can expect a potential return of 30.27% based on the average GRAB price forecast.
Analyzing the GRAB fundamentals
Grab Holdings Limited [NASDAQ:GRAB] reported sales of 2.69B for the trailing twelve months, which represents a growth of 16.42%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.03 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.68 points at the first support level, and at 4.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.02, and for the 2nd resistance point, it is at 5.14.
Ratios To Look Out For
For context, Grab Holdings Limited’s Current Ratio is 2.70. In addition, the Quick Ratio stands at 2.67 and the Cash Ratio stands at 1.34. Considering the valuation of this stock, the price to sales ratio is 7.21, the price to book ratio is 3.09.
Transactions by insiders
Recent insider trading involved ANTHONY PING YEOW TAN, Officer, that happened on Nov 08 ’24 when 50000.0 shares were purchased. Officer, ANTHONY PING YEOW TAN completed a deal on Oct 21 ’24 to buy 1.0 million shares. Meanwhile, Officer Peter Henry Oey bought 90000.0 shares on Oct 15 ’24.
