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Gerdau (GGB)

(Delayed Data from NYSE)

$3.41 USD

3.41
3,969,045

+0.05 (1.49%)

Updated Jul 22, 2024 04:00 PM ET

After-Market: $3.40 -0.01 (-0.29%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value D Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 14% (214 out of 250)

Industry: Steel - Producers

Better trading starts here.

Zacks News

Ingevity Starts Activated Carbon Production at Changshu Plant

The new facility at Changshu allows Ingevity (NGVT) to meet the rising global demand for pelletized carbon products.

DowDuPont's (DWDP) Unit to Boost Methyl Cellulose Capacity

DowDuPont's (DWDP) unit's capacity expansions demonstrate the company's commitment to the dry mix industry.

PPG Industries to Hike Global Prices of Industrial Coatings

PPG Industries (PPG) is taking the price increase action amid the inflationary environment.

Emerging Markets to Outpace US in 2019: 4 Gainers

The dampening effect of the U.S. economy could be reflected in dollar performance, giving emerging economies space to shrug off huge debts that are denominated in dollar.

Anindya Barman headshot

World Steel Output Up: China is a Risk Looming on the Horizon

A slowdown in steel demand in China, the world's top consumer, amid a cooling Chinese economy is a major concern for the steel industry.

Top Ranked Value Stocks to Buy for November 15th

Here are three stocks with buy rank and strong value characteristics for investors to consider today, November 15th

Top Ranked Momentum Stocks to Buy for October 23rd

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 23rd:

Gerdau Closes Divestment of North American Assets to Optimus

Gerdau's (GGB) divestment of its North American assets, including two downstream facilities and one wire rod mill, is going to help it enhance profitability from the rest of the assets in the region.

    Gerdau to Divest Two Hydroelectric Plants to Kinross Gold

    Gerdau's (GGB) divestment deal, related to two hydroelectric power plants in Goias with a business unit of Kinross Gold, will strengthen the company's core operations upon completion.

      Here's Why You Should Hold on to Gerdau (GGB) Stock for Now

      Gerdau (GGB) is well poised to benefit from its diversified business structure that primarily includes crude steel production and iron ore mining activities.

        Gerdau's Rebar Business Sale to Aid Core Growth, Lower Debt

        Gerdau (GGB) has agreed to sell its U.S.-based rebar operations for $600 million. The deal, when completed, will help the company strengthen its core operations and lower its debt burden.

          Gerdau (GGB) Q3 Net Income Up Y/Y, Steel Shipments Aid Sales

          Gerdau's (GGB) third-quarter 2017 profitability benefited from higher revenues, fall in financial expenses and positive impact of exchange variations, partially offset by rise in cost of sales.

            Steel Stocks to Gain From Kobe Steel Data Fabrication Issue

            We believe that supply disruption caused by major players like Kobe Steel will increase growth opportunities for other steel producers, like AK Steel Holding, Steel Dynamics and Gerdau.

              Gerdau to Divest Chilean Steel Units, Offers to Buy Bonds

              To manage its debt burden, Gerdau S.A. (GGB) is set to divest its Chilean long steel industrial units for $154 million. It has also commenced a cash tender offer for $500 million worth of Bonds.

                China Pushes Up Global Crude Steel Production in August

                Global crude steel output rose in August on the back of record production in China.

                  Here's Why POSCO (PKX) Seems to be Solid Investment Pick

                  Korean steel producer POSCO (PKX) is poised to reap benefits from growth in global steel demand. Diversified business structure and planned investments are added advantages.

                    Gerdau (GGB) Looks Good: Stock Adds 5.9% in Session

                    Gerdau (GGB) shares rose nearly 6% in the last trading session, amid huge volumes.

                      Here's why Gerdau (GGB) Seems to be Solid Investment Pick

                      Brazilian steelmaker, Gerdau S.A. (GGB) is poised to reap benefits from growth in Brazilian and global steel demand. Diversified business structure and strategic initiatives are added advantages.

                        Gerdau (GGB) Q2 Net Income Falls Y/Y, Steel Production Weak

                        Gerdau S.A's (GGB) net income in second-quarter 2017 fell 19.1% year over year due to sales decline, adverse impacts of foreign currency translation and higher income tax expenses.

                          POSCO (PKX) Q2 Earnings Up Y/Y, Down Q/Q, '17 View Updated

                          POSCO's (PKX) second-quarter 2017 profitability grew year over year driven by revenue and margins growth. However, results fell sequentially due to poor results in the steel, E&C and Energy segments.

                            POSCO (PKX) Upgraded to Strong Buy on Solid Growth Prospects

                            On Jul 6, Zacks Investment Research upgraded POSCO (PKX) to a Zacks Rank #1 (Strong Buy). Going by the Zacks model, companies sporting a Zacks Rank #1 have strong chances of outperforming the broader market.

                              Gerdau's Long-Term Prospects Solid, Faces Near-Term Risks

                              We issued an updated research report on Gerdau S.A. (GGB) on Jun 19, 2017.

                                Gerdau (GGB) Records Loss in Q1, Steel Production Falls Y/Y

                                Gerdau S.A. (GGB) reported weak results for first-quarter 2017, with the bottom line plunging into loss of R$34.1 million ($10.9 million) from earnings of R$14.2 million ($3.6 million) recorded in the year-ago quarter.

                                  Here's Why You Should Hold on to Domtar (UFS) Stock Now

                                  With stringent cost-cutting initiatives and focused operations for healthy organic growth, Domtar Corporation (UFS) appears to be a perfect long-term bet for investors compared to its peers.

                                    Gerdau to Divest Premier Thermal Solutions to Z Capital

                                    Gerdau S.A. (GGB) recently announced plans to divest its business unit -- Premier Thermal Solutions, L.L.C. to Z Capital Partners, L.L.C., the private equity management arm of Z Capital Group, L.L.C.