A share price of Grab Holdings Limited [GRAB] is currently trading at $4.73, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GRAB shares have gain 11.82% over the last week, with a monthly amount glided 30.66%, 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 experienced fluctuations in its stock price throughout the past year between $2.90 and $4.93. Currently, Wall Street analysts expect the stock to reach $6.12 within the next 12 months. Grab Holdings Limited [NASDAQ: GRAB] shares were valued at $4.73 at the most recent close of the market. An investor can expect a potential return of 29.39% based on the average GRAB price forecast.
Analyzing the GRAB fundamentals
Trailing Twelve Months sales for Grab Holdings Limited [NASDAQ:GRAB] were 2.69B which represents 16.42% growth. 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 4.63 points at the first support level, and at 4.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.78, and for the 2nd resistance point, it is at 4.84.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Grab Holdings Limited [NASDAQ:GRAB] is 2.70. As well, the Quick Ratio is 2.67, while the Cash Ratio is 1.34. Considering the valuation of this stock, the price to sales ratio is 6.97, the price to book ratio is 3.00.
Transactions by insiders
Recent insider trading involved SUTHEN THOMAS PARADATHETH8 SIN, Officer, that happened on Nov 14 ’24 when 0.4 million shares were purchased. Officer, ONG CHIN YIN completed a deal on Nov 14 ’24 to buy 80000.0 shares. Meanwhile, Officer Kandal Philipp Wolfgang Josef bought 0.15 million shares on Nov 14 ’24.
