Is Grindrod Shipping Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: GRIN) stock is to Strong Buy GRIN stock.
Out of 1 analyst, 1 (100%) are recommending GRIN as a Strong Buy, 0 (0%) are recommending GRIN as a Buy, 0 (0%) are recommending GRIN as a Hold, 0 (0%) are recommending GRIN as a Sell, and 0 (0%) are recommending GRIN as a Strong Sell.
What is GRIN's earnings growth forecast for 2023-2023?
(NASDAQ: GRIN) Grindrod Shipping Holdings's forecast annual earnings growth rate of N/A is not forecast to beat the US Marine Shipping industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Grindrod Shipping Holdings's earnings in 2023 is $103,367,000.
In 2023, GRIN is forecast to generate $109,215,466 in earnings, with the lowest earnings forecast at $109,215,466 and the highest earnings forecast at $109,215,466.
What is GRIN's revenue growth forecast for 2023-2023?
(NASDAQ: GRIN) Grindrod Shipping Holdings's forecast annual revenue growth rate of N/A is not forecast to beat the US Marine Shipping industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Grindrod Shipping Holdings's revenue in 2023 is $460,460,000.
In 2023, GRIN is forecast to generate $7,471,870,696 in revenue, with the lowest revenue forecast at $7,471,870,696 and the highest revenue forecast at $7,471,870,696.
What is GRIN's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: GRIN) forecast ROA is 19.89%, which is higher than the forecast US Marine Shipping industry average of 10.02%.
What is GRIN's Price Target?
According to 1 Wall Street analyst that have issued a 1 year GRIN price target, the average GRIN price target is $32.00, with the highest GRIN stock price forecast at $32.00 and the lowest GRIN stock price forecast at $32.00.
The Wall Street analyst predicted that Grindrod Shipping Holdings's share price could reach $32.00 by Aug 3, 2023. The average Grindrod Shipping Holdings stock price prediction forecasts a potential upside of 166.89% from the current GRIN share price of $11.99.
What is GRIN's Earnings Per Share (EPS) forecast for 2023-2023?
(NASDAQ: GRIN) Grindrod Shipping Holdings's current Earnings Per Share (EPS) is $5.45. In 2023, GRIN's EPS is forecast to hit $5.70 (min: $5.70, max: $5.70).
What is GRIN's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: GRIN) forecast ROE is 37.99%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information 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.