Grid Dynamics (NASDAQ:GDYN – Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, August 1st. Analysts expect Grid Dynamics to post earnings of $0.07 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Grid Dynamics (NASDAQ:GDYN – Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.09). Grid Dynamics had a net margin of 0.72% and a return on equity of 3.31%. The business had revenue of $79.82 million during the quarter, compared to the consensus estimate of $77.48 million. On average, analysts expect Grid Dynamics to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Grid Dynamics Trading Up 2.7 %
Shares of NASDAQ GDYN opened at $13.08 on Wednesday. The company has a market capitalization of $1.00 billion, a P/E ratio of 436.00 and a beta of 1.05. Grid Dynamics has a 12 month low of $9.07 and a 12 month high of $14.70. The stock has a 50 day moving average of $10.53 and a 200-day moving average of $11.55.
Insider Activity at Grid Dynamics
Wall Street Analyst Weigh In
A number of equities analysts have commented on GDYN shares. Citigroup reduced their price objective on shares of Grid Dynamics from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, July 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $16.00 target price on shares of Grid Dynamics in a report on Friday, May 3rd. JPMorgan Chase & Co. lowered their price target on shares of Grid Dynamics from $17.00 to $15.00 and set an “overweight” rating on the stock in a report on Thursday, May 2nd. Finally, Wedbush restated an “outperform” rating and set a $13.00 price objective on shares of Grid Dynamics in a report on Thursday, May 23rd. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Grid Dynamics has an average rating of “Buy” and a consensus target price of $15.00.
View Our Latest Stock Report on GDYN
Grid Dynamics Company Profile
Grid Dynamics Holdings, Inc, together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale.
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