Here is the stock with buy rank and strong value characteristics for investors to consider today, May 30th:  Great Lakes Dredge & Dock (GLDD) : This company which is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.8% over the last 60 days.Great Lake ...

Shares of Great Lakes Dredge & Dock (GLDD) have gained 23.3% over the past four weeks to close the last trading session at $11.27, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $14.33 indicates a potential upside of 27.2%.The average comprises three short-term price targets ranging from a low of $14 to a high of $15, with a standard deviation of $0.58. While the lowest estimat ...

Great Lakes Dredge & Dock (NASDAQ: GLDD ) is the largest dredging company in the U.S., yet still often overlooked by the market. Despite clear leadership in a niche but critical infrastructure segment, investor attention tends toStork Research is the work of a private investor with four years of experience specializing in overlooked and undercovered markets. With a focus on micro-cap and small-cap equities exhibiting strong growth at reasonable valuations (GARP), Stork Research emphasizes deep, fundamentals ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Great Lakes Dredge & Dock (GLDD) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Great Lakes Dredge & Dock is a member of our Construction group, which includes 90 different companies and currently sits at #11 in the Zacks Sector Rank ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 12th:Suzano (SUZ) : This company which is a producer of eucalyptus pulp as well as paper producers, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.Suzano has a PEG ratio of 0.08 compared with 0.32 for the industry. The company possesses a Growth Score of A.Great Lakes Dredge & Dock (GLDD) This comp ...

Shares of Great Lakes Dredge & Dock (GLDD) have gained 20.5% over the past four weeks to close the last trading session at $10.70, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $14.33 indicates a potential upside of 33.9%.The average comprises three short-term price targets ranging from a low of $14 to a high of $15, with a standard deviation of $0.58. While the lowest estimat ...

Group 1: Suzano (SUZ) - Suzano is a producer of eucalyptus pulp and paper, holding a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7.8% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 4.28, significantly lower than the industry average of 10.80, and possesses a Value Score of A [1] Group 2: The ODP Corporation (ODP) - The ODP Corporation provides business services, products, and digital workplace technology solutions, also holding a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 9% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 6.17, compared to the industry average of 29.90, and possesses a Value Score of A [2] Group 3: Great Lakes Dredge & Dock (GLDD) - Great Lakes Dredge & Dock is the largest provider of dredging services in the US, also holding a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 34.8% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 11.57, compared to the industry average of 22.30, and possesses a Value Score of A [4]

Financial Performance - Contract revenues for Q1 2025 increased to $242.865 million, up 22.2% from $198.660 million in Q1 2024[12] - Gross profit for Q1 2025 was $69.523 million, representing a 52.5% increase compared to $45.574 million in Q1 2024[12] - Net income for Q1 2025 rose to $33.416 million, a 58.8% increase from $21.024 million in Q1 2024[12] - Basic earnings per share for Q1 2025 were $0.50, up from $0.32 in Q1 2024, reflecting a 56.3% increase[12] - Total revenues for the three months ended March 31, 2025, were $242.9 million, an increase of 22.2% compared to $198.7 million for the same period in 2024[80] - Adjusted EBITDA for the three months ended March 31, 2025, was $60.1 million, compared to $42.9 million for the same period in 2024, representing an increase of 40.0%[109] - Consolidated gross profit for Q1 2025 was $69.5 million, an increase of $23.9 million or 52% compared to Q1 2024[114] - Operating income for Q1 2025 was $49.9 million, up $18.4 million from $31.5 million in Q1 2024[116] Assets and Liabilities - Total current assets decreased to $257.620 million as of March 31, 2025, down from $263.418 million at the end of 2024[10] - Total liabilities decreased to $753.504 million as of March 31, 2025, down from $806.193 million at the end of 2024[10] - The company’s total equity increased to $479.944 million as of March 31, 2025, up from $448.910 million at the end of 2024[10] - Total property and equipment as of March 31, 2025, was $1,227,555,000, an increase from $1,218,787,000 as of December 31, 2024[36] - Total accrued expenses decreased to $33,349,000 as of March 31, 2025, down from $41,640,000 as of December 31, 2024, indicating a reduction of approximately 19.9%[37] Cash Flow and Financing - Cash provided by operating activities for Q1 2025 was $60.854 million, compared to $38.441 million in Q1 2024, marking a 58.5% increase[21] - The company repurchased 352 shares of common stock for $3.171 million during Q1 2025[19] - The Company repurchased 352,240 shares of common stock for approximately $3.2 million during the three months ended March 31, 2025, as part of a $50.0 million share repurchase program approved on March 14, 2025[27] - The Company had $100.0 million in borrowings on the Second Lien Credit Agreement as of March 31, 2025, with a weighted average interest rate of 12.07% during the quarter[46] - As of March 31, 2025, the Company had zero borrowings on the revolver and $256.2 million of availability under the ABL Credit Agreement[55] - The weighted average interest rates on the Company's outstanding borrowings were 6.78% as of March 31, 2025[59] - The Company has a green loan option with a $35.0 million sublimit, allowing borrowing at rates 0.05% lower if proceeds are used for renewable energy projects[52] Revenue Breakdown - The company’s capital dredging revenue in the U.S. for the three months ended March 31, 2025, was $91.1 million, up from $69.9 million in 2024[80] - Domestic capital dredging revenue was $91.1 million, up $21.2 million, or 30.4%, compared to $69.9 million for the same period in 2024[110] - Coastal protection revenue for the quarter ended March 31, 2025, was $120.3 million, an increase of $56.4 million, or 88.2%, compared to $63.9 million in the prior year period[111] - Maintenance dredging revenue for the first quarter of 2025 was $31.4 million, down $33.4 million, or 51.5%, from $64.8 million in the same period of 2024[113] Backlog and Future Expectations - The company's dredging backlog at March 31, 2025, was $968.5 million, with approximately 60% expected to be completed during the remainder of 2025[79] - Total backlog as of March 31, 2025, was $1.013 billion, down from $1.239 billion at December 31, 2024[121] - Domestic capital dredging backlog decreased to $712.7 million, a decline of $86.8 million from December 31, 2024[128] - Coastal protection dredging backlog was $207.1 million, down $121.0 million from December 31, 2024[129] - The company expects to spend between $140 million and $160 million on capital expenditures in 2025[135] Shareholder and Governance - The company has authorized a new share repurchase program for up to $50 million of its common stock, effective until March 14, 2026[149] - The company cannot guarantee the full implementation of its share repurchase program or that it will enhance long-term stockholder value[149] - There have been no changes in internal control over financial reporting that materially affected the company during the fiscal quarter ended March 31, 2025[144] - The company's disclosure controls and procedures were evaluated as effective as of March 31, 2025, providing reasonable assurance[143] Risk Management - The market risk profile of the company has not materially changed since December 31, 2024[141] - No material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2024[148] - The company continues to review its accounting policies and financial information disclosures regularly[139]