Grab Holdings Shares Drop 1.59% Before Q1 EPS of $0.03 Forecast
Grab Holdings shares slid 1.59% as they underperformed the S&P 500’s 0.57% drop and the Computer & Technology sector’s 0.64% loss. Analysts forecast Q1 EPS of $0.03 (+200% YoY) on revenue of $927.37 million (+19.97%), with full-year estimates of $0.09 EPS and $4.07 billion revenue.
1. Recent Trading Performance
In the latest session Grab shares lost 1.59%, trailing the S&P 500’s 0.57% drop, the Dow’s 1.61% slide and the Nasdaq’s 0.26% decline. Over the past month the stock fell 2.15%, underperforming the Computer & Technology sector’s 0.64% loss and the S&P 500’s 0.15% drop.
2. First Quarter Forecast
Analysts project Q1 EPS of $0.03, representing 200% year-over-year growth, on revenue of $927.37 million, up 19.97% from the prior year’s quarter.
3. Full-Year Projections and Valuation
Full-year consensus estimates call for EPS of $0.09 (+50% YoY) and revenue of $4.07 billion (+20.76% YoY). The forward P/E ratio is 45.56 versus the industry average of 20.25, while the PEG ratio is 0.92 compared with the sector’s 1.16 average.
4. Analyst Ranking and Industry Standing
The company holds a consensus hold rating (3) following recent upward estimate revisions. Its Internet-Software industry ranks 136th out of 250, placing it in the lower 45% of industry groups.