Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Great Lakes Dredge & Dock (GLDD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Great Lakes Dredge & Dock ...

Group 1 - Great Lakes Dredge & Dock (GLDD) shares have increased by 3.2% over the past four weeks, closing at $11.92, with a mean price target of $15 indicating a potential upside of 25.8% [1] - The mean estimate includes four short-term price targets with a standard deviation of $1.41, where the lowest estimate of $14.00 suggests a 17.5% increase, and the highest estimate of $17.00 indicates a 42.6% surge [2] - Analysts show strong agreement on GLDD's earnings prospects, with a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] Group 2 - The Zacks Consensus Estimate for GLDD has risen by 6.3% over the past month, with two estimates increasing and no negative revisions [12] - GLDD holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of potential gains, it does provide a directional guide for price movement [14]

HOUSTON, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the "Company") (NASDAQ: GLDD), the largest provider of dredging services in the United States, today announced it took delivery of its newest Jones Act-compliant hopper dredge, the Amelia Island from the Conrad Shipyard in Morgan City, Louisiana. Lasse Petterson, President and Chief Executive Officer, commented, "The delivery of our sixth hopper dredge, the Amelia Island marks a significant milestone as our dr ...

Core Viewpoint - Great Lakes Dredge & Dock (GLDD) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine a company's fair value, leading to stock price fluctuations based on their buying or selling activities [4]. Company Performance and Outlook - The upgrade reflects an improvement in Great Lakes Dredge & Dock's underlying business, suggesting that investors may respond positively by driving the stock price higher [5]. - For the fiscal year ending December 2025, the company is expected to earn $1.02 per share, with a 6.3% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade places Great Lakes Dredge & Dock in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Group 1: Momentum Investing Overview - Momentum investing deviates from the traditional strategy of "buying low and selling high," focusing instead on "buying high and selling higher" to achieve quicker profits [1] - Fast-moving trending stocks can be challenging to enter at the right time, as they may lose momentum if future growth does not justify their inflated valuations [2] Group 2: Investment Strategy and Stock Selection - Investing in bargain stocks that have recently shown price momentum can be a safer approach, with tools like the Zacks Momentum Style Score aiding in identifying such stocks [3] - Great Lakes Dredge & Dock (GLDD) is highlighted as a strong candidate due to a 4.6% price increase over the past four weeks, reflecting growing investor interest [4] Group 3: Performance Metrics of GLDD - GLDD has demonstrated a 3.4% price gain over the past 12 weeks, indicating its ability to deliver positive returns over a longer timeframe [5] - The stock has a beta of 1.35, suggesting it moves 35% more than the market in either direction, indicating fast-paced momentum [5] Group 4: Valuation and Earnings Estimates - GLDD has a Momentum Score of B, suggesting it is an opportune time to invest in the stock for potential success [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - GLDD is trading at a Price-to-Sales ratio of 0.95, indicating it is relatively undervalued, as investors pay only 95 cents for each dollar of sales [7] Group 5: Additional Investment Opportunities - Besides GLDD, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to outperform the market, providing additional avenues for stock selection [9]

With years of investing experience in the financial markets, I have honed my skills in identifying and capitalizing on investment opportunities across diverse sectors. My investment approach is based on fundamental analysis of stocks, focusing on companies with a strong competitive moat, consistent growth in free cash flow, and a track record of robust financial performance.My investment philosophy is rooted in long-term, fundamental investing. I steer clear of short-term trading tactics and options, believ ...

Great Lakes Dredge & Dock (GLDD) closed the last trading session at $11.28, gaining 0.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15 indicates a 33% upside potential.The mean estimate comprises four short-term price targets with a standard deviation of $1.41. While the lowest estimate of $14.00 indicates a 24.1% increase from the current price level, the most optimistic ana ...

Group 1 - The article discusses Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) and its recent performance, highlighting that it is being analyzed for the first time since mid-2024 [2] - The company is part of a portfolio managed by The Insiders Forum, which focuses on small and mid-cap stocks with significant insider purchases [2] - The goal of The Insiders Forum is to outperform the Russell 2000 benchmark over time, with the current portfolio consisting of 12-25 top stocks across various sectors [2]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33225 Great Lakes Dredge & Dock Corporation (Exact name of registrant as specified in its charter) | Delaware | 20-5336063 | | --- | --- | ...

Core Viewpoint - Great Lakes Dredge & Dock Corporation held its Q2 2025 earnings call, discussing key developments and financial performance for the quarter [1][2]. Group 1: Company Overview - The earnings call was led by Eric Birge, Vice President of Investor Relations, with participation from CEO Lasse Petterson and CFO Scott Kornblau [1][2][4]. - The company emphasized that certain statements made during the call are forward-looking and subject to various risks and uncertainties [3][4]. Group 2: Financial Performance - The call included discussions on non-GAAP financial measures, specifically adjusted EBITDA, with reconciliations available in the earnings release and on the investor website [4].