Latest news with #GrabHoldingsLimited
Yahoo
3 days ago
- Business
- Yahoo
Is It Worth Investing in Grab (GRAB) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Grab Holdings Limited (GRAB). Grab currently has an average brokerage recommendation (ABR) of 1.53, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 18 brokerage firms. An ABR of 1.53 approximates between Strong Buy and Buy. Of the 18 recommendations that derive the current ABR, 13 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 72.2% and 11.1% of all recommendations. Check price target & stock forecast for Grab here>>>The ABR suggests buying Grab, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. Although both Zacks Rank and ABR are displayed in a range of 1-5, they are different measures altogether. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. In terms of earnings estimate revisions for Grab, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $0.05. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Grab . You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Grab . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Grab Holdings Limited (GRAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Grab Holdings Limited (GRAB) Is a Trending Stock: Facts to Know Before Betting on It
Grab Holdings Limited (GRAB) is one of the stocks most watched by visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this company have returned +2.5% over the past month versus the Zacks S&P 500 composite's +6.4% change. The Zacks Internet - Software industry, to which Grab belongs, has gained 12% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Grab is expected to post earnings of $0.03 per share, indicating a change of +400% from the year-ago quarter. The Zacks Consensus Estimate has changed +50% over the last 30 days. The consensus earnings estimate of $0.05 for the current fiscal year indicates a year-over-year change of +266.7%. This estimate has changed -6.7% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $0.11 indicates a change of +120% from what Grab is expected to report a year ago. Over the past month, the estimate has remained unchanged. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Grab is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For Grab , the consensus sales estimate for the current quarter of $803.19 million indicates a year-over-year change of +21%. For the current and next fiscal years, $3.34 billion and $3.88 billion estimates indicate +19.3% and +16.4% changes, respectively. Grab reported revenues of $773 million in the last reported quarter, representing a year-over-year change of +18.4%. EPS of $0.01 for the same period compares with -$0.03 a year ago. Compared to the Zacks Consensus Estimate of $759.27 million, the reported revenues represent a surprise of +1.81%. The EPS surprise was -50%. The company could not beat consensus EPS estimates in any of the last four quarters. The company topped consensus revenue estimates three times over this period. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Grab is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Grab . However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Grab Holdings Limited (GRAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Effettua l'accesso per consultare il tuo portafoglio
Yahoo
19-05-2025
- Business
- Yahoo
Investors Heavily Search Grab Holdings Limited (GRAB): Here is What You Need to Know
Grab Holdings Limited (GRAB) has recently been on list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned +23.8%, compared to the Zacks S&P 500 composite's +13.1% change. During this period, the Zacks Internet - Software industry, which Grab falls in, has gained 26.5%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Grab is expected to post earnings of $0.03 per share for the current quarter, representing a year-over-year change of +400%. Over the last 30 days, the Zacks Consensus Estimate has changed +50%. The consensus earnings estimate of $0.05 for the current fiscal year indicates a year-over-year change of +266.7%. This estimate has changed +16.7% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $0.11 indicates a change of +120% from what Grab is expected to report a year ago. Over the past month, the estimate has changed +10%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Grab is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. For Grab , the consensus sales estimate for the current quarter of $803.19 million indicates a year-over-year change of +21%. For the current and next fiscal years, $3.34 billion and $3.88 billion estimates indicate +19.3% and +16.4% changes, respectively. Grab reported revenues of $773 million in the last reported quarter, representing a year-over-year change of +18.4%. EPS of $0.01 for the same period compares with -$0.03 a year ago. Compared to the Zacks Consensus Estimate of $759.27 million, the reported revenues represent a surprise of +1.81%. The EPS surprise was -50%. The company could not beat consensus EPS estimates in any of the last four quarters. The company topped consensus revenue estimates three times over this period. No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Grab is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Grab . However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Grab Holdings Limited (GRAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-05-2025
- Business
- Yahoo
Is Grab Holdings Limited (GRAB) The Best Stock Under $15 To Buy?
We recently compiled a list of the Best Stocks Under $15 to Buy According to Hedge Funds. In this article, we are going to take a look at where Grab Holdings Limited (NASDAQ:GRAB) stands against the other stocks under $15 to buy. US stocks dropped on Monday, May 5, after President Trump threatened new tariffs to bring back concerns about a trade war. This ended a historic run of gains for the stock market. The S&P 500 dropped about 0.6% to break its longest winning streak in over 20 years. The Dow Jones Industrial Average dropped nearly 0.3% to also report its first loss in the last 10 sessions. The tech-heavy Nasdaq fell almost 0.8%. READ ALSO: 10 Most Profitable Cheap Stocks to Buy Now and 12 Best Stocks to Buy and Hold For 10 Years. The US dollar also lost value as Wall Street started questioning whether recent confidence about a possible trade deal with China was misplaced. Previously, investors were optimistic because of indications that the US and China might start talks about tariffs. Chinese officials had shown interest in reopening trade talks with Washington. However, no talks are set to begin anytime soon. Over the weekend, President Trump said that he has no plans to speak with China's President Xi this week, even though he said he wants a 'fair deal' with China. On Sunday, Trump took to social media and announced a new 100% tariff on movies produced outside the US. According to the President of the US, efforts to start the process would start right away, though he did not give many details about how it would work. Looking ahead, Wall Street has shifted its focus to the Federal Reserve's two-day policy meeting, which will start on Tuesday. It is expected that the Fed will keep interest rates the same for now, even though in recent weeks, President Trump has put pressure on its chair, Jerome Powell. New tariff threats by President Trump and risks of a trade war with China are causing uncertainty in the market. Methodology To compile our list of the 11 best stocks under $15 to buy according to hedge funds, we used the Finviz stock screener. We sorted our results based on market capitalization and picked the top 40 stocks with a share price of under $15 as of May 2, 2025. Next, we focused on the top 11 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey's Q4 2024 database of more than 1,000 elite hedge funds. Finally, the 11 best stocks under $15 to buy were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.
Yahoo
19-04-2025
- Automotive
- Yahoo
Is Grab Holdings Limited (GRAB) the Least Risky Internet Stock To Invest In?
We recently published a list of . In this article, we are going to take a look at where Grab Holdings Limited (NASDAQ:GRAB) stands against other least risky internet stocks to invest in. Investors usually do not waste any time reminding everyone of the dot-com bubble whenever the market takes a turn for the worse. With a recession imminent, some sectors have already corrected by so much that they are in bear market territory. Internet stocks belong to the same group. Analysts at Evercore believe most of the internet stocks have very limited exposure to tariffs but still get hammered every time the market crashes on tariff developments. This means these stocks now present a favorable risk-to-reward ratio for investors. We therefore decided to dig into the details of each of these internet stocks. To come up with our list of the 10 least risky internet stocks, we used the list compiled by Evercore's analysts and ranked them by risk, with the least risky stock taking the number one spot. A customer enjoying the convenience of a mobile financial services transaction. Grab Holdings Limited is a superapps provider in Indonesia, Singapore, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, and Myanmar. The company operates in Mobility, Deliveries, Financial Services, and Other segments. It also offers banking and digital services. At the start of this year, the company signed an electric vehicle supply partnership with BYD Company Limited. This collaboration will provide the firm driver and fleet partners throughout Southeast Asia. It will also provide Grab drivers access to up to 50,000 BYD Company's electric vehicles at discounted rates. With this partnership, the ride-hailing giant will get an extended warranty on the EV batteries. Executive Chuck Kim of Grab Holdings highlighted the potential benefits of this partnership by saying: 'This collaboration enables us to drive the transition to EVs forward by lowering the financial barriers that are often associated with EVs, and in the long run, deliver economic benefits to our driver-partners, which may include fuel cost savings.' Recently, the firm received a license to operate as a street-hail taxi service in Singapore. With this move, Grab became the sixth taxi operator in the country. Morgan Stanley views this development as beneficial and has an Overweight rating on the stock. Morgan Stanley analyst Divya Gangahar Kothiyal is also optimistic on the company's ability to deliver: 'We expect Grab to be able to ramp up its taxi fleet to the minimum requirement of 800 over the next 1–2 years.' Overall, GRAB ranks 7th on our list of least risky internet stocks to invest in. While we acknowledge the potential of GRAB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than GRAB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
