Revenue Estimates Analysis Gerdau SA (GGB)

The volume of the company in the last trading session was 43.6 Million. The ADX was created by J. Welles Wilder to help determine how strong a trend is. The RSI oscillates between zero and 100. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. Active investors may choose to use this technical indicator as a stock evaluation tool. (JCP) is at 71.88. Bank of America raised Gerdau from a "neutral" rating to a "buy" rating and set a $4.00 target price on the stock in a report on Monday, November 27th. There is no concrete way to calculate a price target. Analysts use common formulas and ratios to accomplish this.

Gerdau S.A. (NYSE:GGB) has an ABR of 1 which is the combined stock view of 2 analysts poll results. Accern also gave news stories about the basic materials company an impact score of 46.1507033662605 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. The company posted an earnings surprise of -60%.

When it comes to the Analysis of a Stock, Price Target plays a vital role. For the current year the company's revenue estimates are $11.51 Billion compared to low analyst estimates of $11.24 Billion and high estimates of $11.85 Billion according to 3 number of analysts.

According to analysts Gerdau S.A. (NYSE:GGB)'s minimum EPS for the current quarter is at $0.02 and can go high up to $0.02.

Gerdau S.A. (GGB) shares are moving today on volatility -0.43% or $-0.02 from the open. However the company's price to cash per share for most recent quarter stands at 0.95.

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Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.

Gerdau S.A. (NYSE:GGB)'s revenue estimates for the current quarter are $3.05 Billion according to 1 number of analysts, for the current quarter the company has high revenue estimates of $3.05 Billion in contradiction of low revenue estimates of $3.05 Billion.

Gerdau S.A. (NYSE:GGB) touched its 1-Year High price of $4.69 on 01/11/18 and its 1-Year Low price of $2.60 on 06/15/17. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. According to today's trading volume Gerdau S.A.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. The ATR breakout systems are frequently used by short-term traders to time entries. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range. While 20-Day Moving Average VS Current Price shows "Buy" Signal.

Volatility is a statistical measure of the dispersion of returns for a given security or market index. After a recent check, the 14-day RSIfor Gerdau S.A. (GGB) is now at 84.26, the 7-day stands at 88.93, and the 3-day is sitting at 88.43.

After a recent check, Wells Fargo & Company's 14-day RSI is now at 63.36, the 7-day stands at 58.79, and the 3-day is sitting at 44.34. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company's stock. Whereas 0 of them predict the stock is a hold. As always, the values may need to be adjusted based on the specific stock and market. Aperio Group LLC now owns 74,770 shares of the company's stock worth $203,000 after buying an additional 4,112 shares in the last quarter.

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