Analysts' ratings for Grid Dynamics Holdings GDYN over the last quarter vary from bullish to bearish, as provided by 5 analysts.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $20.0, a high estimate of $25.00, and a low estimate of $18.00. This current average has increased by 14.94% from the previous average price target of $17.40.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive Grid Dynamics Holdings is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mayank Tandon | Needham | Raises | Buy | $25.00 | $20.00 |
| Bryan Bergin | TD Cowen | Raises | Buy | $19.00 | $16.00 |
| Mayank Tandon | Needham | Raises | Buy | $20.00 | $17.00 |
| Tien-Tsin Huang | JP Morgan | Raises | Overweight | $18.00 | $17.00 |
| Ryan Potter | Citigroup | Raises | Buy | $18.00 | $17.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Grid Dynamics Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Grid Dynamics Holdings compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Grid Dynamics Holdings's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Grid Dynamics Holdings's market standing. Stay informed and make well-considered decisions with our Ratings Table.
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Discovering Grid Dynamics Holdings: A Closer Look
Grid Dynamics Holdings Inc provides enterprise-level digital transformation in the areas of search, analytics, and release automation to Fortune 1000 companies. The company delivers tailored solutions in several industry verticals like Tech, Media and Telecom, Retail, Finance and Consumer Packaged goods (CPG)/manufacturing. The company derives maximum revenue from Retails. Geographically company earns revenue from North America, Europe and other regions.
Financial Milestones: Grid Dynamics Holdings's Journey
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Grid Dynamics Holdings's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 12.94%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Grid Dynamics Holdings's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 4.9%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Grid Dynamics Holdings's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.09%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Grid Dynamics Holdings's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.93%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Grid Dynamics Holdings's debt-to-equity ratio is below the industry average at 0.03, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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