Grindrod Stock Analysis

GRIN
 Stock
  

USD 23.93  0.75  3.24%   

The latest price rise of Grindrod Shipping may raise some interest from institutional investors. The stock closed today at a share price of 23.93 on 227,200 in trading volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in November. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.05. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the Grindrod Shipping Holdings partners.
Please check Risk vs Return Analysis.
  
The Grindrod Shipping stock analysis report makes it easy to digest most publicly released information about Grindrod Shipping and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Grindrod Stock analysis module also helps to analyze the Grindrod Shipping price relationship with some important fundamental indicators such as market cap and management efficiency.

Grindrod Stock Analysis Notes

About 38.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Grindrod Shipping recorded earning per share (EPS) of 8.59. The entity last dividend was issued on the 8th of September 2022. Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. Grindrod Shipping operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 596 people. To learn more about Grindrod Shipping Holdings call the company at 65 6323 0048 or check out https://www.grinshipping.com.

Grindrod Shipping Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Grindrod Shipping's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Grindrod Shipping Holdings or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Grindrod Shipping appears to be risky and price may revert if volatility continues
About 38.0% of the company shares are held by company insiders
On 19th of September 2022 Grindrod Shipping paid $ 0.84 per share dividend to its current shareholders
Latest headline from www.businesslive.co.za: The battle for Grindrod Shipping begins - BusinessLIVE

Grindrod Shipping Upcoming and Recent Events

Earnings reports are used by Grindrod Shipping to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Grindrod Shipping previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report23rd of February 2022
Next Financial Report17th of August 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End23rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Grindrod Shipping SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Grindrod Shipping prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Grindrod Shipping investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Grindrod Shipping specific information freely available to individual and institutional investors to make a timely investment decision.
29th of August 2022
Unclassified Corporate Event. Unclassified Corporate Event
View
17th of August 2022
Other Events
View
12th of August 2022
Other Events
View
26th of May 2022
Other Events
View
24th of May 2022
Other Events
View
18th of May 2022
Other Events
View
17th of May 2022
Other Events
View
6th of May 2022
Other Events
View

Grindrod Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Grindrod Shipping is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Grindrod Shipping Holdings backward and forwards among themselves. Grindrod Shipping's institutional investor refers to the entity that pools money to purchase Grindrod Shipping's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Goldman Sachs Group IncCommon Shares374.7 K6.4 M
Renaissance Technologies LlcCommon Shares298.3 K5.1 M
Eam Global Investors LlcCommon Shares272.5 K4.7 M
Morgan StanleyCommon Shares180.4 K3.1 M
Voloridge Investment Management LlcCommon Shares153.9 K2.6 M
Hennessy Advisors IncCommon Shares139.2 K2.4 M
Acadian Asset Management LlcCommon Shares127 K2.2 M
Note, although Grindrod Shipping's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Grindrod Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 455.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grindrod Shipping's market, we take the total number of its shares issued and multiply it by Grindrod Shipping's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Grindrod Profitablity

Grindrod Shipping's profitability indicators refer to fundamental financial ratios that showcase Grindrod Shipping's ability to generate income relative to its revenue or operating costs. If, let's say, Grindrod Shipping is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Grindrod Shipping's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Grindrod Shipping's profitability requires more research than a typical breakdown of Grindrod Shipping's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 33.23 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 38.27 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.38.

Management Efficiency

The entity has return on total asset (ROA) of 18.95 % which means that it generated profit of $18.95 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 55.98 %, meaning that it created $55.98 on every $100 dollars invested by stockholders. Grindrod Shipping management efficiency ratios could be used to measure how well grindrod shipping manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 2nd of October, Grindrod Shipping retains the Market Risk Adjusted Performance of 0.5693, risk adjusted performance of 0.1387, and Downside Deviation of 3.79. Grindrod Shipping technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Grindrod Shipping, which can be compared to its competitors. Please check out Grindrod Shipping information ratio, as well as the relationship between the potential upside and kurtosis to decide if Grindrod Shipping is priced fairly, providing market reflects its last-minute price of 23.93 per share. Given that Grindrod Shipping Holdings has jensen alpha of 0.5748, we strongly advise you to confirm Grindrod Shipping's regular market performance to make sure the company can sustain itself at a future point.

Grindrod Shipping Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Parabolic SAR indicator is used to determine the direction of Grindrod Shipping's momentum and the point in time when Grindrod Shipping has higher than normal probability directional change.
.

Grindrod Shipping Predictive Daily Indicators

Grindrod Shipping intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Grindrod Shipping stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Grindrod Shipping Forecast Models

Grindrod Shipping time-series forecasting models is one of many Grindrod Shipping's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Grindrod Shipping's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Grindrod Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Grindrod Shipping prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Grindrod shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Grindrod Shipping. By using and applying Grindrod Stock analysis, traders can create a robust methodology for identifying Grindrod entry and exit points for their positions.
Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. Grindrod Shipping operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 596 people.

Current Grindrod Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Grindrod analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Grindrod analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
25.5Strong Buy2Odds
Grindrod Shipping Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Grindrod analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Grindrod stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Grindrod Shipping, talking to its executives and customers, or listening to Grindrod conference calls.
Grindrod Analyst Advice Details

Grindrod Stock Analysis Indicators

Grindrod Shipping Holdings stock analysis indicators help investors evaluate how Grindrod Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Grindrod Shipping shares will generate the highest return on investment. By understating and applying Grindrod Shipping stock analysis, traders can identify Grindrod Shipping position entry and exit signals to maximize returns.
Quick Ratio1.73
Trailing Annual Dividend Rate1.91
Fifty Two Week Low12.83
Revenue Growth47.10%
Payout Ratio20.60%
Average Daily Volume Last 10 Day237.24k
Shares Short Prior Month232.43k
Average Daily Volume In Three Month260.13k
Earnings Growth188.20%
Shares Percent Shares Out1.80%
Earnings Quarterly Growth187.10%
Forward Price Earnings0.27
Short Percent Of Float4.15%
Float Shares10.37M
Fifty Two Week High28.98
Fifty Day Average20.98
Enterprise Value To Ebitda2.46
Two Hundred Day Average21.17
Enterprise Value To Revenue0.94
Trailing Annual Dividend Yield7.98%
Please check Risk vs Return Analysis. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for analysis

When running Grindrod Shipping price analysis, check to measure Grindrod Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grindrod Shipping is operating at the current time. Most of Grindrod Shipping's value examination focuses on studying past and present price action to predict the probability of Grindrod Shipping's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Grindrod Shipping's price. Additionally, you may evaluate how the addition of Grindrod Shipping to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Is Grindrod Shipping's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grindrod Shipping. If investors know Grindrod will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grindrod Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Grindrod Shipping is measured differently than its book value, which is the value of Grindrod that is recorded on the company's balance sheet. Investors also form their own opinion of Grindrod Shipping's value that differs from its market value or its book value, called intrinsic value, which is Grindrod Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grindrod Shipping's market value can be influenced by many factors that don't directly affect Grindrod Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grindrod Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine Grindrod Shipping value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grindrod Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.