The Technical Analyst
Gabelli Equity Trust Inc [GAB]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Gabelli Equity Trust Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.37% $5.44
America/New_York / 9 mai 2024 @ 11:42
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 1 587.37 mill |
| EPS: | 0.780 |
| P/E: | 6.97 |
| Earnings Date: | May 13, 2024 |
| SharesOutstanding: | 291.80 mill |
| Avg Daily Volume: | 0.567 mill |
| RATING 2024-05-08 |
|---|
| B |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Strong Sell | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.70x |
| Company: PE 6.97 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.35x |
| Company: PE 6.97 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-0.568 (-110.44%) $-6.01 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 5.36 - 5.53 ( +/- 1.52%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-02-22 | Ball John Chester | Buy | 47 | Common Stock, Par Value $0.001 |
| 2024-01-05 | Ubs Group Ag | Buy | 0 | Auction Rate Preferred Stock |
| 2022-11-09 | Linehan Laura | Buy | 0 | |
| 2022-11-09 | Linehan Laura | Buy | 0 | |
| 2022-02-17 | Mullady Agnes | Buy | 150 | Common Stock, Par Value $0.001 |
| INSIDER POWER |
|---|
| 100.00 |
| Last 91 transactions |
| Buy: 1 116 775 | Sell: 167 354 |
Forecast:
13:21 - $5.44
Live Trading Signals (every 1 min)
Forecast
1: 11:51 - $5.44
Forecast 2: 12:41 - $5.45
Forecast 3: 13:21 - $5.44
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $5.44 (0.37% ) |
| Volume | 0.0627 mill |
| Avg. Vol. | 0.567 mill |
| % of Avg. Vol | 11.07 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For GAB
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
GAB
The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.
Latest Press Releases
2024-02-14 09:11:00 - Press Release
Gabelli Equity Trust 10% Distribution Policy Reaffirmed And Declared First Quarter Distribution Of $0.15 Per Share
Rye, n.y., feb. 14, 2024 (globe newswire) -- the board of directors of the gabelli equity trust inc. (nyse:gab) (the “fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on march 21, 2024 to common stock shareholders of record on march 14, 2024.
2023-12-11 17:04:00 - Press Release
Gabelli Equity Trust Extends Expiration Date Of Tender Offer To January 5, 2024 For Series C And Series E Auction Rate Preferred Stock
Rye, n.y., dec. 11, 2023 (globe newswire) -- the board of directors of the gabelli equity trust inc. (nyse: gab) (the “fund”) has extended the expiration date of the tender offer (the “offer”) for all of the fund's outstanding series c auction rate cumulative preferred stock and series e auction rate cumulative preferred stock (the “preferred stock”) to january 5, 2024.
2023-11-22 16:52:00 - Press Release
Gabelli Equity Trust Commences Tender Offer For Series C And Series E Auction Rate Preferred Stock
Rye, n.y., nov. 22, 2023 (globe newswire) -- the board of directors of the gabelli equity trust inc. (nyse: gab) (the “fund”) has authorized a tender offer (the “offer”) for all of the fund's outstanding series c auction rate cumulative preferred stock and series e auction rate cumulative preferred stock (the “preferred stock”).
2023-11-16 08:43:00 - Press Release
Gabelli Equity Trust 10% Distribution Policy Reaffirmed And declared Fourth Quarter Distribution Of $0.15 Per Share
Rye, n.y., nov. 16, 2023 (globe newswire) -- the board of directors of the gabelli equity trust inc. (nyse:gab) (the “fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on december 22, 2023 to common stock shareholders of record on december 15, 2023. with this fourth quarter distribution, the total distributions from the fund for 2023 would equate to $0.60 per share.
2023-08-25 08:05:00 - Press Release
Gabelli Equity Trust 10% Distribution Policy Reaffirmed And Declared Third Quarter Distribution Of $0.15 Per Share
Rye, n.y., aug. 25, 2023 (globe newswire) -- the board of directors of the gabelli equity trust inc. (nyse:gab) (the “fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on september 22, 2023 to common stock shareholders of record on september 15, 2023.
Latest News
2024-04-27 10:52:10 - Seeking Alpha
GAB: Managed Minimum 10% Distribution Rate Out Of Equities
GAB is currently trading at a slight discount, making it a more attractive candidate than our previous update. More patient investors could still yet be likely to look for a deeper discount on this fund to make it a more enticing prospect. GAB has a minimum 10% managed distribution policy, which is the main draw for income investors.
2023-11-01 08:50:21 - Seeking Alpha
GAB: Multi-Year Lows In The Premium For This Equity CEF
Gabelli Equity Trust is an equity closed-end fund focused on long-term capital growth with income as a secondary objective. The fund seeks undervalued companies with above-average growth potential. GAB has historically closely tracked the returns of the S&P 500, with an impressive track record. The fund is currently trading at a low premium to its net asset value after breaching its usual range in 2022.
2023-08-01 14:28:33 - Seeking Alpha
GAB And USA: The Results After Making A Swap
The swap between Gabelli Equity and Liberty All-Star Equity funds has proven successful for investors, with USA significantly outperforming on a total return basis. Both funds are now trading at similar valuations, with the performance difference likely to come from the underlying portfolio rather than convergence in valuations. Despite the success of the swap, neither fund is considered a strong buy candidate at this time due to both still trading above their longer-term historical discount levels.
2023-07-08 03:36:51 - Seeking Alpha
The Month In Closed-End Funds: June 2023
In June, 92% of all closed-end funds (CEFs) posted net asset value (NAV)-based returns in the black, with average returns of 3.57% for equity CEFs and 1.63% for fixed income CEFs. The Natural Resources CEFs classification topped the equity leaderboard with a 6.29% return, while High Yield CEFs led the domestic taxable fixed income leaderboard with a 2.63% return. The median discount of all CEFs narrowed to 10.79% in June, with equity.
2023-04-24 09:33:02 - Seeking Alpha
GAB: A Solid CEF That Beat The Market Last Year, But An Expensive One
2023-03-21 10:23:55 - Seeking Alpha
Weekly Closed-End Fund Roundup: March 12, 2023
Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.
2023-02-01 09:48:49 - Seeking Alpha
GAB: Bullish On One Of The Best High-Yield Income Equity CEFs
GAB has outperformed equity CEF benchmarks over the past year. We like the fund for its differentiated exposure beyond S&P 500 companies including through some international stocks.
2023-01-29 11:04:57 - Seeking Alpha
GAB: Despite 15% Price Loss, This High-Yielding CEF Isn't Undervalued
GAB's top investments are part of its portfolio for a very long time. During this period, these stocks were able to generate high price growth. High total return and consistent double-digit yield generated by GAB makes it a very good investment option for income-seeking investors.
2022-11-11 17:22:50 - Seeking Alpha
GAB: Premium Comes Down To A More Interesting Level
GAB's premium has come down, and USA has outperformed, as suggested could happen earlier this year. The overall equity decline and managed distribution make it an interesting income play.
2022-10-24 12:22:08 - Seeking Alpha
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.