Group 1 - Grab Holdings Limited (GRAB) closed at $6.32, with a +2.93% increase from the previous day, outperforming the S&P 500, Dow, and Nasdaq [1] - Over the past month, shares of Grab have appreciated by 20.39%, significantly outperforming the Computer and Technology sector's gain of 6.17% and the S&P 500's gain of 2.71% [1] Group 2 - Grab Holdings is forecasted to report an EPS of $0.01, showing no change from the same quarter last year, with a projected revenue of $868.3 million, reflecting a 21.27% increase from the equivalent quarter last year [2] - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.04 per share and a revenue of $3.38 billion, indicating changes of +233.33% and +20.95% respectively from the previous year [3] Group 3 - Recent adjustments to analyst estimates for Grab Holdings reflect shifting dynamics in short-term business patterns, with upward revisions indicating analysts' positivity towards the company's operations and profit generation [4] - The Zacks Rank system, which considers estimate changes, provides a rating system that can help investors capitalize on stock price performance [5] Group 4 - Grab Holdings Limited currently has a Forward P/E ratio of 141.69, indicating a premium compared to its industry's Forward P/E of 31.79 [7] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 78, placing it within the top 32% of over 250 industries [7]
Grab Holdings Limited (GRAB) Ascends While Market Falls: Some Facts to Note