Gerdau S.A. (NYSE:GGB) is one of the Best Undervalued Stocks to Buy Under $5.
Gerdau S.A. (NYSE:GGB) has gained more than 5% since its fiscal Q1 2026 earnings and more than 25% over the past 6 months
It is also undervalued with a forward price to earnings ratio of 8, below the sector average of 16.76. The improvement in share price is partly driven by expanding North American operations. Wall Street expects a modest 6.2% upside from the current levels.
On April 28, the company released its fiscal Q1 2026 earnings. During the quarter, the company reported adjusted EPS of R$0.51, which missed the estimates of R$0.676. The revenue came in at R$16.72 billion, slightly below the expectations of R$17.06 billion.