JP Morgan downgraded Gerdau S.A. from Overweight to Neutral and set a new price target of $6.00 from $7.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/24/2024 | $4.50 → $5.00 | Neutral → Buy | BofA Securities |
| 4/15/2024 | Neutral → Overweight | JP Morgan | |
| 11/20/2023 | Buy → Neutral | BofA Securities | |
| 2/9/2023 | $7.00 → $6.00 | Overweight → Neutral | JP Morgan |
| 11/12/2021 | $6.10 | Neutral → Buy | Citigroup |
| 9/9/2021 | Neutral → Outperform | Credit Suisse |
SÃO PAULO, Feb. 19, 2025 /PRNewswire/ -- 4Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 2.4 billion in the fourth quarter, up 17.2% from 4Q23. Investments (CAPEX) amounted to R$2.4 billion in 4Q24, totaling R$6.2 billion for 2024. For 2025, we estimate an investment of R$6 billion in projects allocated to maintenance and competitiveness. Dividend distribution in the amount of R$ 0.10 per share, equivalent to R$ 203.4 million, to be paid based on 4Q24 results. In 2024, Gerdau S.A. (NYSE:GGB, BM&, Fbovespa: GGBR3, GGBR4)) returned R$2.9 billion through dividends and the buyback program, achieving a return of 65.9% for shareholders. The C
SÃO PAULO, Nov. 5, 2024 /PRNewswire/ -- 3Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 3.0 billion in the third quarter, 14.9% higher compared to 2Q24. Investments (CAPEX) totaled R$ 1.5 billion in 3Q24, of which R$ 589 million was allocated to Maintenance and R$ 920 million was directed to the Competitiveness of the Business Divisions. Dividend distribution in the amount of R$ 0.30 per share, equivalent to R$ 619,4 million, to be paid based on 3Q24 results. Share buyback program of Gerdau S.A., by the end of October 2024, 39.6 million shares were repurchased, equivalent to R$ 729.4 million. Additional Information Gerdau S.A. informs t
SÃO PAULO, July 31, 2024 /PRNewswire/ -- 2Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 2.6 billion in the second quarter, down 6.7% compared to 1Q24. Investments (CAPEX) totaled R$ 1.4 billion in 2Q24, of which R$ 704 million was allocated to Maintenance and R$ 716 million was directed to the Competitiveness of the Business Divisions. Dividend distribution in the amount of R$ 0.12 per share, equivalent to R$ 252 million, to be paid based on 2Q24 results. The Company approved a new share buyback program of up to 69.8 million of shares from Gerdau S.A., with a maximum duration of 12 months. Additional Information Gerdau S.A. informs tha
SÃO PAULO, Feb. 19, 2025 /PRNewswire/ -- 4Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 2.4 billion in the fourth quarter, up 17.2% from 4Q23. Investments (CAPEX) amounted to R$2.4 billion in 4Q24, totaling R$6.2 billion for 2024. For 2025, we estimate an investment of R$6 billion in projects allocated to maintenance and competitiveness. Dividend distribution in the amount of R$ 0.10 per share, equivalent to R$ 203.4 million, to be paid based on 4Q24 results. In 2024, Gerdau S.A. (NYSE:GGB, BM&, Fbovespa: GGBR3, GGBR4)) returned R$2.9 billion through dividends and the buyback program, achieving a return of 65.9% for shareholders. The C
SÃO PAULO, Nov. 5, 2024 /PRNewswire/ -- 3Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 3.0 billion in the third quarter, 14.9% higher compared to 2Q24. Investments (CAPEX) totaled R$ 1.5 billion in 3Q24, of which R$ 589 million was allocated to Maintenance and R$ 920 million was directed to the Competitiveness of the Business Divisions. Dividend distribution in the amount of R$ 0.30 per share, equivalent to R$ 619,4 million, to be paid based on 3Q24 results. Share buyback program of Gerdau S.A., by the end of October 2024, 39.6 million shares were repurchased, equivalent to R$ 729.4 million. Additional Information Gerdau S.A. informs t
SÃO PAULO, July 31, 2024 /PRNewswire/ -- 2Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 2.6 billion in the second quarter, down 6.7% compared to 1Q24. Investments (CAPEX) totaled R$ 1.4 billion in 2Q24, of which R$ 704 million was allocated to Maintenance and R$ 716 million was directed to the Competitiveness of the Business Divisions. Dividend distribution in the amount of R$ 0.12 per share, equivalent to R$ 252 million, to be paid based on 2Q24 results. The Company approved a new share buyback program of up to 69.8 million of shares from Gerdau S.A., with a maximum duration of 12 months. Additional Information Gerdau S.A. informs tha
BofA Securities upgraded Gerdau S.A. from Neutral to Buy and set a new price target of $5.00 from $4.50 previously
JP Morgan upgraded Gerdau S.A. from Neutral to Overweight
BofA Securities downgraded Gerdau S.A. from Buy to Neutral
SC 13G - GERDAU S.A. (0001073404) (Subject)
6-K - GERDAU S.A. (0001073404) (Filer)
SCHEDULE 13G/A - GERDAU S.A. (0001073404) (Subject)
6-K - GERDAU S.A. (0001073404) (Filer)