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 $4.29, up 0.47% from the previous day, and has decreased 18.29% in one year. It has underperformed other stocks in the Steel industry by 0.37 percentage points. Gerdau Sa stock is currently +4.38% from its 52-week low of $4.11, and -30.36% from its 52-week high of $6.16.
As of Apr 17, 2024, there are 1.76B shares of GGB outstanding. The market cap of GGB is $7.54B. In the past 24 hours, 7.16M 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.
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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.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new trading account.
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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 5.03x, relative to Steel industry P/E ratio of 13.81x
- GGB may be undervalued based on its P/B ratio of 0.77x, relative to Steel industry P/B ratio of 0.99x
- GGB may be undervalued based on its PEG ratio of 0.32x
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 $2.13B 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 $2.72B allows it to safely service it's debt of $2.42B.
Negative Health Checks:
- GGB profit margin has gone down from 13.9% to 10.9% in the past year.
- GGB has a relatively high debt to equity ratio of 0.52.
Is it a good time to buy GGB stock, according to Wall Street analysts?
Out of 2 Equities analysts who monitor GGB, the consensus analyst rating on GGB is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Gerdau Sa stock forecast page.
GGB Technical Indicators
How are GGB Revenues/Earnings doing?
Last year, GGB earnings were $1.49B. In the last 5 year, GGB's earnings have gone up by 21.63% per year. This was faster than the Steel industry average of 10.92%.
Last year, GGB revenue was $13.70B. During the past five year, GGB's revenue has gone up by 3.53% per year. This was slower than the Steel industry average of 8.11%.
You can analyze GGB's earnings and revenue performance here.
Are GGB executives and large shareholders buying or selling the stock?
In the last year, insiders at GGB have not bought or sold any shares.
Learn more about who owns GGB stock here.
Can I rely on GGB as an income stream?
Gerdau Sa pays a dividend of 7.12%, compared to the Steel industry's average dividend yield of 2.86%. If you owned $1,000 of GGB stock, you would have been paid $71.15 last year.
Gerdau Sa dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Gerdau Sa dividend yield and history here.
Get analysis from other investors
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Step 5: Make your GGB trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need more info about 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 shares.
Put GGB on a watchlist to get notified of important updates regarding your GGB stock.
GGB Feed
How to Buy Stock in Gerdau Sa
To summarize, here are the 6 steps to buy stock in Gerdau Sa:
- 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, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Gerdau Sa, add GGB to your watchlist by clicking the button below.
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