5 analysts have shared their evaluations of Grab Hldgs (NASDAQ:GRAB) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 2 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $5.2, a high estimate of $6.00, and a low estimate of $4.30. A decline of 4.24% from the prior average price target is evident in the current average.
Breaking Down Analyst Ratings: A Detailed Examination
A clear picture of Grab Hldgs's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Wei Fang | Mizuho | Announces | Outperform | $5.00 | - |
| Jiong Shao | Barclays | Raises | Overweight | $4.70 | $4.30 |
| Fawne Jiang | Benchmark | Maintains | Buy | $6.00 | $6.00 |
| Fawne Jiang | Benchmark | Maintains | Buy | $6.00 | $6.00 |
| Piyush Choudhary | HSBC | Maintains | Buy | $4.30 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Grab Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Grab Hldgs compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Grab Hldgs's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Grab Hldgs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Grab Hldgs analyst ratings.
Discovering Grab Hldgs: A Closer Look
Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.
Breaking Down Grab Hldgs's Financial Performance
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Grab Hldgs showcased positive performance, achieving a revenue growth rate of 24.38% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Grab Hldgs's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -15.93%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Grab Hldgs's ROE excels beyond industry benchmarks, reaching -1.63%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Grab Hldgs's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.22%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.05, Grab Hldgs adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.