GDYN - Grid Dynamics Holdings Inc Stock Price, Fair Value and News

10.17USD-0.06 (-0.59%)Market Closed

Market Summary

USD10.17-0.06

Market Closed

-0.59%

GDYN Alerts

1 major insider sales recently.

Big jump in Earnings (Y/Y)
Losses in recent quarter

GDYN Stock Price

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GDYN RSI Chart

GDYN Valuation

Market Cap

782.8M

Price/Earnings (Trailing)

346.84

Price/Sales (Trailing)

2.5

EV/EBITDA

32.67

Price/Free Cashflow

33.77

GDYN Price/Sales (Trailing)

GDYN Profitability

Operating Margin

35.90%

EBT Margin

1.96%

Return on Equity

0.59%

Return on Assets

0.52%

Free Cashflow Yield

2.96%

GDYN Fundamentals

GDYN Revenue

Revenue (TTM)

312.6M

Rev. Growth (Yr)

-0.33%

Rev. Growth (Qtr)

2.24%

GDYN Earnings

Earnings (TTM)

2.3M

Earnings Growth (Yr)

50.46%

Earnings Growth (Qtr)

-236.04%

Breaking Down GDYN Revenue

Last 7 days

6.9%

Last 30 days

-11.7%

Last 90 days

-25.1%

Trailing 12 Months

24.1%

How does GDYN drawdown profile look like?

GDYN Financial Health

Current Ratio

7.48

GDYN Investor Care

Shares Dilution (1Y)

2.17%

Diluted EPS (TTM)

0.04

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	312.6M	0	0	0
2023	319.2M	319.2M	315.4M	312.9M
2022	243.6M	273.2M	296.4M	310.5M
2021	136.3M	161.3M	186.3M	211.3M
2020	124.5M	118.2M	113.2M	112.2M
2019	98.5M	105.1M	111.7M	118.3M
2018	0	0	0	91.9M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Grid Dynamics Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	livschitz leonard	sold	-106,766	10.6766	-10,000	chief executive officer
May 04, 2024	doradla anil	sold (taxes)	-19,515	10.07	-1,938	chief financial officer
May 04, 2024	gryzlov yury	sold (taxes)	-19,203	10.07	-1,907	chief operating officer
May 03, 2024	doradla anil	sold (taxes)	-57,993	10.07	-5,759	chief financial officer
May 03, 2024	livschitz leonard	sold (taxes)	-451,035	10.07	-44,790	chief executive officer
May 03, 2024	gryzlov yury	sold (taxes)	-39,877	10.07	-3,960	chief operating officer
May 01, 2024	doradla anil	sold	-30,000	10.00	-3,000	chief financial officer
Apr 23, 2024	livschitz leonard	sold	-105,438	10.5438	-10,000	chief executive officer
Apr 09, 2024	livschitz leonard	sold	-178,112	11.8741	-15,000	chief executive officer
Apr 01, 2024	doradla anil	sold	-36,325	12.1085	-3,000	chief financial officer

Which funds bought or sold GDYN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	CREDIT SUISSE AG/	unchanged	-	-55,191	652,218	-%
May 10, 2024	GROUP ONE TRADING, L.P.	unchanged	-	-85.00	1,008	-%
May 10, 2024	CITIGROUP INC	added	6.56	-6,842	383,607	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	13.55	11,631	259,823	-%
May 10, 2024	Covestor Ltd	added	86.96	1,000	1,000	-%
May 10, 2024	BlackRock Inc.	reduced	-1.57	-5,889,920	57,805,800	-%
May 10, 2024	VANGUARD GROUP INC	added	1.55	-3,512,970	51,642,700	-%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	added	7.69	-131,209	18,025,800	-%
May 10, 2024	PNC Financial Services Group, Inc.	reduced	-0.33	-4,598	52,134	-%
May 10, 2024	OneDigital Investment Advisors LLC	sold off	-100	-140,058	-	-%

Are Funds Buying or Selling GDYN?

Are funds buying GDYN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GDYN

No. of Funds

Unveiling Grid Dynamics Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	wasatch advisors lp	-	0	SC 13G/A
Feb 13, 2024	vanguard group inc	5.47%	4,137,712	SC 13G
Feb 09, 2024	wasatch advisors lp	-	0	SC 13G/A
Jan 29, 2024	blackrock inc.	6.3%	4,778,376	SC 13G/A
Feb 10, 2023	wasatch advisors inc	-	0	SC 13G
Jan 31, 2023	blackrock inc.	7.4%	5,494,512	SC 13G/A
Feb 14, 2022	bamco inc /ny/	2.67%	1,774,000	SC 13G/A
Feb 03, 2022	blackrock inc.	9.5%	6,222,685	SC 13G/A
Oct 08, 2021	federated hermes, inc.	3.88%	2,410,539	SC 13G/A
Feb 12, 2021	federated hermes, inc.	5.40%	2,744,600	SC 13G

Recent SEC filings of Grid Dynamics Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	4	Insider Trading
May 07, 2024	144	Notice of Insider Sale Intent
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
May 02, 2024	S-3ASR	S-3ASR
May 01, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Grid Dynamics Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ACN	192.9B	64.6B	-8.32%	14.03%	27.43	2.99	2.26%	1.32%
IBM	152.5B	62.1B	-12.17%	36.26%	18.64	2.46	2.45%	346.26%
CTSH	33.2B	19.3B	-6.65%	6.78%	15.88	1.72	-0.58%	-9.32%
CDW	30.0B	21.1B	-12.30%	32.20%	27.48	1.42	-7.67%	-0.37%
BR	22.8B	6.4B	-6.84%	24.68%	32.64	3.56	7.68%	26.07%
MID-CAP
CACI	9.6B	7.3B	14.97%	39.37%	24.3	1.3	10.28%	6.24%
EXLS	5.0B	1.7B	-1.32%	0.10%	27.34	2.99	12.34%	15.10%
ASGN	4.6B	4.4B	0.50%	55.49%	22.14	1.05	-5.37%	-17.11%
DXC	3.5B	13.9B	-11.18%	-13.64%	-7.63	0.26	-6.57%	-164.76%
XRX	1.7B	6.7B	-21.92%	-4.83%	-9.19	0.25	-6.72%	6.15%
SMALL-CAP
CTG	1.7B	302.0M	13.51%	1552.24%	2.8K	4.93	-16.01%	-96.16%
GDYN	782.8M	312.6M	-11.74%	24.06%	346.84	2.5	-2.04%	106.54%
CNDT	757.0M	3.7B	12.72%	31.38%	-2.56	0.2	-2.41%	-62.64%
DMRC	490.7M	36.9M	-4.52%	15.56%	-11.61	13.28	20.62%	24.62%
CSPI	132.6M	62.1M	-32.58%	15.85%	24.38	2.13	0.80%	60.81%

Grid Dynamics Holdings Inc News

Latest updates

Grid Dynamics Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Revenue	2.2%	79,817,000	78,069,000	77,419,000	77,342,000	80,080,000	80,576,000	81,161,000	77,335,000	71,410,000	66,537,000	57,933,000	47,676,000	39,134,000	34,866,667	30,599,333	26,332,000	22,368,000	32,457,000	32,001,000	31,422,000	28,626,000
Cost Of Revenue	4.4%	52,152,000	49,955,000	49,267,000	49,037,000	51,505,000	48,296,000	48,491,000	48,474,000	44,631,000	39,209,000	32,667,000	27,879,000	23,797,000	17,863,000	-	15,178,000	13,982,000	22,639,000	19,336,000	17,626,000	17,197,000
Gross Profit	-1.6%	27,665,000	28,114,000	28,152,000	28,305,000	28,575,000	32,280,000	32,670,000	28,861,000	26,779,000	27,328,000	25,266,000	19,797,000	15,337,000	12,263,000	-	11,154,000	8,386,000	9,818,000	12,665,000	13,796,000	11,429,000
Operating Expenses	13.8%	33,207,000	29,179,000	28,009,000	26,971,000	34,567,000	37,892,000	37,420,000	39,710,000	26,576,000	28,854,000	23,296,000	18,413,000	17,115,000	15,819,000	-	12,825,000	11,573,000	16,852,000	8,520,000	8,211,000	6,593,000
S&GA Expenses	13.5%	7,292,000	6,422,000	6,132,000	5,963,000	5,634,000	5,377,000	5,084,000	5,132,000	4,215,000	4,515,000	4,073,000	2,837,000	3,032,000	-3,848,000	-	2,245,000	7,359,000	10,743,000	-8,598,000	5,364,000	4,151,000
R&D Expenses	13.2%	4,372,000	3,863,000	3,402,000	3,273,000	4,203,000	4,697,000	4,139,000	3,840,000	3,096,000	2,772,000	2,132,000	1,772,000	1,783,000	2,118,000	-	2,076,000	2,577,000	2,540,000	1,062,000	1,083,000	656,000
EBITDA Margin	18.7%	0.05	0.04	0.02	0.00	-0.06	-0.04	-0.04	-0.02	0.02	0.01	0.01	-0.02	-	-	-	-	-	-	-	-	-
Income Taxes	165.3%	900,000	-1,377,500	2,600,000	1,700,000	3,660,000	1,531,500	3,359,000	1,700,000	2,200,000	604,000	2,633,000	2,800,000	-800,000	984,000	-	-99,000	-813,000	-2,682,000	2,034,000	1,043,000	1,380,000
Earnings Before Taxes	-300.6%	-3,017,000	1,504,000	3,302,000	4,342,000	-4,310,000	-5,181,000	-3,300,000	-11,475,000	-497,000	-3,013,000	2,084,000	1,305,000	-2,828,000	-3,739,000	-	-1,216,000	-2,979,000	-7,278,000	4,141,000	5,496,000	4,915,000
EBT Margin	26.8%	0.02	0.02	-0.01	-0.03	-0.08	-0.07	-0.06	-0.05	0.00	-0.01	-0.02	-0.04	-	-	-	-	-	-	-	-	-
Net Income	-236.0%	-3,948,000	2,902,000	676,000	2,627,000	-7,970,000	-6,702,000	-6,659,000	-13,186,000	-2,667,000	-3,606,000	-549,000	-1,483,000	-2,062,000	-4,720,000	-	-1,117,000	-2,166,000	-4,596,000	2,107,000	4,453,000	3,535,000
Net Income Margin	228.0%	0.01	-0.01	-0.04	-0.06	-0.11	-0.09	-0.09	-0.07	-0.03	-0.04	-0.05	-0.06	-	-	-	-	-	-	-	-	-
Free Cashflow	-99.2%	43,000	5,279,000	9,118,000	8,741,000	10,085,000	10,325,000	3,149,000	4,245,000	7,864,000	1,618,000	6,929,000	2,517,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.0%	435	435	436	431	420	411	390	278	276	257	305	173	160	167	158	154	154	72.00	224	224	223
Current Assets	-0.5%	323	324	326	321	330	323	319	208	207	193	241	107	127	135	148	144	145	66.00	0.00	1.00	1.00
Cash Equivalents	-3.0%	249	257	254	246	258	257	255	150	153	144	199	68.00	100	113	127	123	121	42.00	41.00	41.00	23.00
Net PPE	10.5%	13.00	11.00	10.00	10.00	9.00	8.00	8.00	7.00	7.00	6.00	5.00	5.00	4.00	4.00	4.00	4.00	4.00	4.00	-	-	-
Goodwill	0%	54.00	54.00	55.00	55.00	46.00	46.00	36.00	36.00	36.00	36.00	35.00	35.00	15.00	15.00	-	-	-	-	-	-	-
Liabilities	0.4%	52.00	52.00	63.00	65.00	60.00	48.00	39.00	45.00	45.00	30.00	29.00	30.00	20.00	15.00	8.00	8.00	10.00	8.00	8.00	8.00	8.00
Current Liabilities	2.1%	43.00	42.00	52.00	53.00	50.00	39.00	32.00	39.00	33.00	25.00	24.00	25.00	18.00	13.00	-	-	-	8.00	0.00	0.00	1.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	5.00	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	0.0%	383	383	373	367	360	363	351	233	231	227	276	143	140	152	150	146	144	54.00	52.00	47.00	36.00
Retained Earnings	-24.9%	-19.83	-15.89	-18.79	-19.46	-22.09	-14.12	-7.42	-0.76	12.00	15.00	19.00	-	-	23.00	-	-	-	-2.71	2.00	2.00	1.00
Additional Paid-In Capital	1.0%	402	398	391	385	382	378	360	235	219	212	257	124	119	129	122	117	114	19.00	3.00	3.00	4.00
Shares Outstanding	0.8%	77.00	76.00	76.00	75.00	75.00	74.00	68.00	67.00	67.00	59.00	63.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	518	-	-	-	814	-	-	-	449	-	-	-	187	-	-	-	221	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-57.1%	3,240	7,556	10,958	10,905	11,674	12,013	4,317	5,805	9,517	3,318	8,005	3,606	3,044	2,934	3,919	1,965	-2,886	1,718	856	3,016	6,944
Share Based Compensation	44.6%	11,339	7,839	7,267	7,153	13,257	18,369	17,551	16,387	8,661	11,577	9,113	6,675	5,671	6,422	5,126	3,654	4,804	416	129	238	1,658
Cashflow From Investing	-55.8%	-3,936	-2,527	-1,840	-19,994	-1,589	-10,942	-1,168	-2,560	-1,653	-1,765	-1,076	-31,674	-851	-16,732	-497	-418	-692	-712	-746	-1,127	-226
Cashflow From Financing	-277.5%	-6,998	-1,854	-1,020	-4,506	-8,941	-745	102,893	-5,753	1,363	-56,436	124,480	-3,775	-15,135	21.00	19.00	59.00	82,868	-	-	16,604	-2,000
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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GDYN Income Statement

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 79,817	$ 80,080
Cost of revenue	52,152	51,505
Gross profit	27,665	28,575
Operating expenses
Engineering, research, and development	4,372	4,203
Sales and marketing	7,292	5,634
General and administrative	21,543	24,730
Total operating expenses	33,207	34,567
Loss from operations	(5,542)	(5,992)
Other income/(expense), net	2,525	1,682
Loss before income taxes	(3,017)	(4,310)
Provision for income taxes	931	3,660
Net loss	(3,948)	(7,970)
Foreign currency translation adjustments, net of tax	(178)	495
Comprehensive loss	$ (4,126)	$ (7,475)
Loss per share
Basic (in dollars per share)	$ (0.05)	$ (0.11)
Diluted (in dollars per share)	$ (0.05)	$ (0.11)
Weighted average shares outstanding
Basic (in shares)	76,151	74,459
Diluted (in shares)	76,151	74,459

GDYN Balance Sheet

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 249,437	$ 257,227
Accounts receivable, net of allowance of $1,389 and $1,363 as of March 31, 2024 and December 31, 2023, respectively	53,039	49,824
Unbilled receivables	5,649	3,735
Prepaid income taxes	5,609	3,998
Prepaid expenses and other current assets	8,768	9,196
Total current assets	322,502	323,980
Property and equipment, net	12,552	11,358
Operating lease right-of-use assets, net	10,214	10,446
Intangible assets, net	25,531	26,546
Goodwill	53,868	53,868
Deferred tax assets	7,220	6,418
Other noncurrent assets	3,374	2,549
Total assets	435,261	435,165
Current liabilities
Accounts payable	2,935	3,621
Accrued compensation and benefits	19,914	19,263
Accrued income taxes	9,895	8,828
Operating lease liabilities, current	4,491	4,235
Accrued expenses and other current liabilities	5,885	6,276
Total current liabilities	43,120	42,223
Deferred tax liabilities	3,164	3,274
Operating lease liabilities, noncurrent	6,166	6,761
Total liabilities	52,450	52,258
Commitments and contingencies (Note 14)
Stockholders’ equity
Common stock, $0.0001 par value; 110,000,000 shares authorized; 76,521,182 and 75,887,475 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	8	8
Additional paid-in capital	401,541	397,511
Accumulated deficit	(19,834)	(15,886)
Accumulated other comprehensive income/(loss)	1,096	1,274
Total stockholders’ equity	382,811	382,907
Total liabilities and stockholders’ equity	$ 435,261	$ 435,165

About Grid Dynamics Holdings Inc

Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services in the areas of search, analytics, and release automation for Fortune 1000 corporations in North America, Europe, and internationally. 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. Grid Dynamics Holdings, Inc. was founded in 2006 and is headquartered in San Ramon, California.

CEO	Mr. Leonard Livschitz
WEBSITE	griddynamics.com
INDUSTRY	IT Services
EMPLOYEES	3862

Grid Dynamics Holdings Inc Frequently Asked Questions

What is the ticker symbol for Grid Dynamics Holdings Inc? What does GDYN stand for in stocks?

GDYN is the stock ticker symbol of Grid Dynamics Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Grid Dynamics Holdings Inc (GDYN)?

As of Fri May 10 2024, market cap of Grid Dynamics Holdings Inc is 782.81 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GDYN stock?

You can check GDYN's fair value in chart for subscribers.

What is the fair value of GDYN stock?

You can check GDYN's fair value in chart for subscribers. The fair value of Grid Dynamics Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Grid Dynamics Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GDYN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Grid Dynamics Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether GDYN is over valued or under valued. Whether Grid Dynamics Holdings Inc is cheap or expensive depends on the assumptions which impact Grid Dynamics Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GDYN.

What is Grid Dynamics Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 10 2024, GDYN's PE ratio (Price to Earnings) is 346.84 and Price to Sales (PS) ratio is 2.5. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GDYN PE ratio will change depending on the future growth rate expectations of investors.