Grab (GRAB) Stock Price, News & Analysis

Company Overview

Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings. Grab Holdings Limited is headquartered in Singapore.

Key Stats

• Today's Range: $4.89 to $5.03
• 50-Day Range: $3.62 to $5.67
• 52-Week Range: $2.90 to $5.72
• Volume: 11.53 million shs
• Average Volume: 26.17 million shs
• Market Capitalization: $19.97 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.53
• Consensus Rating: Moderate Buy

Grab Stock Analysis - MarketRank™

Grab scored higher than 38% of companies evaluated by MarketBeat, and ranked 223rd out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Grab has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 8 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Grab has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Grab are expected to grow in the coming year, from ($0.03) to $0.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Grab is -249.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Grab is -249.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Grab has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.14% of the float of Grab has been sold short.

Short Interest Ratio / Days to Cover

Grab has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Grab has recently increased by 13.79%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Grab does not currently pay a dividend.

Dividend Growth

Grab does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.14% of the float of Grab has been sold short.

Short Interest Ratio / Days to Cover

Grab has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Grab has recently increased by 13.79%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.10

News Sentiment

Grab has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Grab this week, compared to 33 articles on an average week.

Search Interest

Only 52 people have searched for GRAB on MarketBeat in the last 30 days. This is a decrease of -28% compared to the previous 30 days.

MarketBeat Follows

Only 27 people have added Grab to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Grab insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.60% of the stock of Grab is held by insiders.

Percentage Held by Institutions

55.52% of the stock of Grab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GRAB Stock Analysis - Frequently Asked Questions

How have GRAB shares performed this year?

Grab's stock was trading at $3.37 at the beginning of the year. Since then, GRAB shares have increased by 48.1% and is now trading at $4.99.
View the best growth stocks for 2024 here.

How were Grab's earnings last quarter?

Grab Holdings Limited (NASDAQ:GRAB) released its earnings results on Monday, November, 11th. The company reported $0.01 EPS for the quarter. The company had revenue of $716 million for the quarter, compared to analyst estimates of $705.40 million. Grab had a negative trailing twelve-month return on equity of 1.50% and a negative net margin of 3.57%.

Who are Grab's major shareholders?

Grab's top institutional investors include Wellington Management Group LLP (3.17%), State Street Corp (1.11%), Baillie Gifford & Co. (1.09%) and Coronation Fund Managers Ltd. (0.86%).

How do I buy shares of Grab?

Shares of GRAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Grab own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Grab investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/11/2024
• Today: 12/26/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:GRAB
• CUSIP: N/A
• CIK: 1855612
• Web: www.altimetergrowth.com
• Phone: 855-739-7864
• Fax: N/A
• Employees: 9,490
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.53
• High Stock Price Target: $8.00
• Low Stock Price Target: $4.50
• Potential Upside/Downside: +11.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.58
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-434,000,000.00
• Net Margins: -3.57%
• Pretax Margin: -3.61%
• Return on Equity: -1.50%
• Return on Assets: -1.11%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 2.70
• Quick Ratio: 2.67

Sales & Book Value

• Annual Sales: $2.69 billion
• Price / Sales: 7.42
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.65 per share
• Price / Book: 3.00

Miscellaneous

• Outstanding Shares: 4,027,000,000
• Free Float: 3,882,028,000
• Market Cap: $19.93 billion
• Optionable: Optionable
• Beta: 0.90