Grid Dynamics Holdings Inc GDYN Stock Price & News

Grid Dynamics has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. Grid Dynamics launches its new Inventory Allocation Optimization Solution with Dataiku to optimize global supply chain capabilities, suggesting a strong product portfolio and customer base. Transform your digital commerce customer experience – from discovery to delivery and beyond. Digital commerce Transform your digital commerce customer experience – from discovery to delivery and beyond. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Geographically company earns revenue from North America, Europe and other regions. 2 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Grid Dynamics in the last twelve months. The consensus among Wall Street analysts is that investors should “buy” GDYN shares. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

We integrated best-in-class digital commerce technology to help them achieve and exceed their goals. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. According to 2 analysts, the average rating for GDYN stock is “Strong Buy.” The 12-month stock price forecast is $19.5, which is an increase of 79.39% from the latest price. The stakes have never been higher for sustained technological innovation and agile business growth.

Sign-up to receive the latest https://1investing.in/ and ratings for Grid Dynamics and its competitors with MarketBeat’s FREE daily newsletter. Only 6.40% of the stock of Grid Dynamics is held by insiders. Only 1 people have added Grid Dynamics to their MarketBeat watchlist in the last 30 days.

Key Data

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. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

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The company issued revenue guidance of $78.00 million-$80.00 million, compared to the consensus revenue estimate of $79.35 million. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. In the past three months, Grid Dynamics insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $878,179.00 in company stock.

Provide specific products and services to you, such as portfolio management or data aggregation. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023.

Business

Accelerate product how much money do bank managers earn, establish state-of-the-art patients’ data processing and AI productization infrastructures. Healthcare and life sciences Accelerate product development, establish state-of-the-art patients’ data processing and AI productization infrastructures. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of GDYN stock can currently be purchased for approximately $10.88.

• Accelerate product development, establish state-of-the-art patients’ data processing and AI productization infrastructures.
• Grid Dynamics does not have a long track record of dividend growth.
• In the past three months, Grid Dynamics insiders have sold more of their company’s stock than they have bought.
• EV / Sales ,50x EV / Sales ,14x Nbr of Employees Free-Float 69,0% More FinancialsCompanyGrid Dynamics Holdings, Inc. is a digital engineering and information technology services provider.

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 Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time.

Company Ownership

And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. CompareGDYN’s historical performanceagainst its industry peers and the overall market. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Razer, a market leader in gaming products, set out to transform their business to enable faster change on the front-end and to build a foundational eCommerce platform that can continue to evolve and grow as their business evolves.

Company Summary

The company was founded in 2006 and is based in San Ramon, California. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. The company offers technical consulting, software design, development, testing, and internet service operati…

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. 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.

It works in collaboration with its clients on digital transformation initiatives that cover strategy consulting, early prototypes, and enterprise-scale delivery of new digital platforms. The company offers technical consulting, software design, development, testing, and internet service operations services. It serves customers that operate in the retail, technology and telecommunications, media, consumer packaged goods/manufacturing, financial services, and other sectors. The company was formerly known as ChaSerg Technology Acquisition Corp. and changed its name to Grid Dynamics Holdings, Inc.

The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. GDYN’s equity multiplier — a measure of assets relative to shareholders’equity — is greater than that of only 11.01% of US stocks. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. There may be delays, omissions, or inaccuracies in the Information. Grid Dynamics issued an update on its first quarter 2023 earnings guidance on Thursday, February, 23rd.

Data may be intentionally delayed pursuant to supplier requirements. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.

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The Company offers close collaboration to provide digital transformation initiatives that span strategy consulting, development of early prototypes and enterprise-scale delivery of new digital platforms. Its core business is to deliver focused and complex technical consulting, software design, development,… 2 brokerages have issued 12 month price targets for Grid Dynamics’ stock. Their GDYN share price forecasts range from $17.00 to $25.00. On average, they predict the company’s stock price to reach $20.25 in the next year. This suggests a possible upside of 86.1% from the stock’s current price.

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