How to Buy Gerdau Sa Stock
Gerdau Sa
Gerdau Sa is a steel company located in Brazil, which is part of the Basic Materials sector, and is traded under the ticker GGB on the NYSE exchange.
Gerdau Sa stock last closed at $4.87, down 0.41% from the previous day, and has increased 18.93% in one year. It has underperformed other stocks in the Steel industry by 0.29 percentage points. Gerdau Sa stock is currently +19.19% from its 52-week low of $4.09, and -23.16% from its 52-week high of $6.34.
As of Sep 25, 2023, there are 1.67B shares of GGB outstanding. The market cap of GGB is $8.15B. In the past 24 hours, 6.24M GGB shares were traded.
How to Buy Gerdau Sa Stock
Wondering how to invest in Gerdau Sa stock? Here's how.
- Decide where to buy Gerdau Sa stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Gerdau Sa stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Evaluate Gerdau Sa stock: The Gerdau Sa ticker symbol is GGB. Is Gerdau Sa stock a good investment? Should you buy shares of GGB? How do GGB's underlying business fundamentals look? Do top analysts think Gerdau Sa is a good buy? Why has GGB's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if GGB is a good stock to buy).
- Make your GGB trade: Decide if you will purchase GGB shares at the current market price or use a limit order to purchase GGB shares at a given price.
- Monitor your investment in GGB: Create a watchlist to keep track of your position in Gerdau Sa stock.
Step 1: Decide where to buy Gerdau Sa stock
You will need an online brokerage account to access the NYSE market and buy GGB stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can buy GGB stock today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Input your personal info to open a new trading account.
- Submit your data by clicking the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you've filled out your info on the stock trading app, you need to deposit funds:
Check out this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Evaluate Gerdau Sa stock
After you have chosen the best place to buy Gerdau Sa stock, it's crucial to research their stock prior to buying, so you can understand the risk and upside.
Gerdau Sa stock data
Fundamentals of Gerdau Sa
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on GGB's stock page.
Is GGB stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GGB's fair value.
Using relative valuations ratios:
- GGB could be undervalued based on its P/E ratio of 4.05x, relative to Steel industry P/E ratio of 12.7x
- GGB may be undervalued based on its P/B ratio of 0.91x, relative to Steel industry P/B ratio of 0.95x
- GGB may be undervalued based on its PEG ratio of 0.15x
You can access more valuation analysis on GGB's stock here.
A look at GGB Cashflows and Balance Sheet
Positive Health Checks:
- GGB earnings of $3.36B is not sufficient to cover its interest payments.
- Total GGB debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the GGB balance sheet.
- There are more short-term assets than long-term liabilities on the GGB balance sheet.
- GGB's operating cash flow of $3.01B allows it to safely service it's debt of $2.64B.
Negative Health Checks:
- GGB profit margin has gone down from 19.8% to 13.9% in the past year.
- GGB has a relatively high debt to equity ratio of 0.6.
You can dive deeper into what analysts are saying on the Gerdau Sa stock forecast page.
GGB Technical Indicators
GGB Growth Metrics
Last year, GGB earnings were $2.21B. Over the past 4 year, GGB's earnings have increased by 37.29% per year. This was faster than the Steel industry average of 17.15%.
Last year, GGB revenue was $15.94B. In the past 5 year, GGB's revenue has gone up by 6.92% per year. This was slower than the Steel industry average of 10.37%.
Dig into GGB's earnings and revenue performance here.
Latest Insiders Trades at GGB
In the past 12 months, insiders at GGB have not bought or sold any shares.
Dig into more about who owns GGB shares here.
Can I get consistent income from GGB stock?
Gerdau Sa pays a dividend of 12.76%, compared to the Steel industry's average dividend yield of 4.09%. If you owned $1,000 worth of GGB stock, you would have received $127.63 in the past 12 months.
Gerdau Sa dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Gerdau Sa dividend yield and history here.
What others are saying about GGB
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your GGB trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in GGB
Now that you own some GGB shares, you'll want to stay up-to-date on your investment.
Make a watchlist to track your GGB stock.
GGB Feed
How to Buy Stock in Gerdau Sa
To reiterate, here are the 6 steps you need to take to buy Gerdau Sa stock right now:
- Decide where to buy Gerdau Sa stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Gerdau Sa stock
- Make your GGB trade
- Monitor your investment in GGB
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your investment in Gerdau Sa, create a watchlist on WallStreetZen today.
More Content You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.