Great Lakes Dredge & Dock (GLDD)

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GLDD vs. DY: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-09-10 16:40
Core Insights - Great Lakes Dredge & Dock (GLDD) is currently rated as a Strong Buy (1) by Zacks, while Dycom Industries (DY) holds a Hold (3) rating, indicating a more favorable earnings estimate revision for GLDD [3] - Value investors typically assess various traditional metrics to identify undervalued stocks, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] Valuation Metrics - GLDD has a forward P/E ratio of 11.62, significantly lower than DY's forward P/E of 25.53, suggesting GLDD may be undervalued [5] - The PEG ratio for GLDD is 0.97, while DY's PEG ratio is 1.22, indicating that GLDD's expected earnings growth is more favorable relative to its price [5] - GLDD's P/B ratio stands at 1.66, compared to DY's P/B of 5.33, further supporting the notion that GLDD is a more attractive investment option [6] - Overall, GLDD has a Value grade of A, while DY has a Value grade of C, reinforcing the conclusion that GLDD is the better choice for value investors at this time [6]
Wall Street Analysts Think Great Lakes Dredge & Dock (GLDD) Could Surge 27.23%: Read This Before Placing a Bet
ZACKS· 2025-09-10 14:56
Shares of Great Lakes Dredge & Dock (GLDD) have gained 3.5% over the past four weeks to close the last trading session at $11.79, 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 $15 indicates a potential upside of 27.2%.The average comprises four short-term price targets ranging from a low of $14.00 to a high of $17.00, with a standard deviation of $1.41. While the lowest estima ...
Great Lakes Dredge & Dock to Present at Sidoti Small Cap Virtual Conference on Thursday September 18, 2025
Globenewswire· 2025-09-10 12:00
Core Points - Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States and is expanding into the offshore energy industry [3] - The company will present at the Sidoti Small Cap Virtual Conference on September 18, 2025, at 12:15 PM ET [1][2] Company Overview - Great Lakes has over 135 years of experience and has never failed to complete a marine project [3] - The company operates approximately 200 specialized vessels, making it the owner of the largest and most diverse fleet in the U.S. dredging industry [3] - Great Lakes employs experienced civil, ocean, and mechanical engineers in its operations and has a disciplined training program for engineers [3] - The company's safety management program, Incident-and Injury-Free® (IIF®), is integrated into its culture, emphasizing employee safety [3]
Best Growth Stocks to Buy for September 8th
ZACKS· 2025-09-08 10:15
Group 1: Great Lakes Dredge & Dock Corporation (GLDD) - Great Lakes Dredge & Dock Corporation is a dredging services company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 6.3% over the last 60 days [1] - The company has a PEG ratio of 0.96 compared to the industry average of 4.89 and possesses a Growth Score of B [1] Group 2: PagerDuty, Inc. (PD) - PagerDuty, Inc. is a digital operations management company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 2.1% over the last 60 days [2] - The company has a PEG ratio of 1.00 compared to the industry average of 1.95 and possesses a Growth Score of A [2] Group 3: Montrose Environmental Group, Inc. (MEG) - Montrose Environmental Group, Inc. is an environmental services company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 106.2% over the last 60 days [3] - The company has a PEG ratio of 1.24 compared to the industry average of 5.20 and possesses a Growth Score of A [3]
Is It Worth Investing in Great Lakes Dredge & Dock (GLDD) Based on Wall Street's Bullish Views?
ZACKS· 2025-08-26 14:30
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Great Lakes Dredge & Dock (GLDD), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like Zacks Rank to make informed investment decisions [1][5][10]. Group 1: Brokerage Recommendations - Great Lakes Dredge & Dock currently has an average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy, based on recommendations from four brokerage firms, all of which are Strong Buy [2]. - Despite the Strong Buy recommendation, the article cautions against making investment decisions solely based on brokerage recommendations due to their historical limited success in predicting stock price increases [5][10]. - Brokerage firms often exhibit a strong positive bias in their ratings, with research indicating that for every "Strong Sell" recommendation, there are five "Strong Buy" recommendations, suggesting a misalignment of interests with retail investors [6][10]. Group 2: Zacks Rank - Zacks Rank categorizes stocks into five groups, from Strong Buy (Rank 1) to Strong Sell (Rank 5), and is based on earnings estimate revisions, which are strongly correlated with near-term stock price movements [8][11]. - The Zacks Consensus Estimate for GLDD has increased by 6.3% over the past month to $1.02, indicating growing optimism among analysts regarding the company's earnings prospects [13]. - The recent change in the consensus estimate, along with other factors, has resulted in a Zacks Rank 1 (Strong Buy) for Great Lakes Dredge & Dock, suggesting that the ABR may serve as a useful guide for investors [14].
Wall Street Analysts Believe Great Lakes Dredge & Dock (GLDD) Could Rally 25.84%: Here's is How to Trade
ZACKS· 2025-08-25 14:56
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]
Great Lakes Announces the Delivery of its Newest Hopper Dredge, the Amelia Island
Globenewswire· 2025-08-20 13:00
Core Viewpoint - Great Lakes Dredge & Dock Corporation has successfully delivered its newest hopper dredge, the Amelia Island, enhancing its fleet and operational capabilities in the U.S. dredging industry [1][4]. Group 1: Company Overview - Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States, with a history of completing significant international projects [5]. - The company operates approximately 200 specialized vessels, making it the owner of the largest and most diverse fleet in the U.S. dredging industry [5]. - Great Lakes is expanding its core business into the offshore energy industry and employs experienced civil, ocean, and mechanical engineering staff [5]. Group 2: New Vessel Details - The Amelia Island is designed for efficient operations in shallow and narrow waters, measuring approximately 346 feet in length, 69 feet in breadth, and 23 feet in depth, with a total horsepower of 16,500 [3]. - The dredge features two 800mm trailing suction pipes capable of dredging depths up to 100 feet and has a hopper capacity of 6,330 cubic yards [3]. - The main engines and generators of the Amelia Island are EPA Tier IV rated for low emissions, positioning it as a modern and environmentally friendly dredge [3]. Group 3: Operational Impact - The delivery of the Amelia Island marks the completion of the company's dredging newbuild program, resulting in the largest and most advanced hopper fleet in the United States [4]. - The vessel is already scheduled for operations in 2025 and 2026, indicating strong demand for dredging services [4]. - The Amelia Island will support diverse operations such as beach renourishment, coastal protection, channel deepening, and maintenance dredging [4].
All You Need to Know About Great Lakes Dredge & Dock (GLDD) Rating Upgrade to Strong Buy
ZACKS· 2025-08-13 17:01
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].
Great Lakes Dredge & Dock (GLDD) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-08-11 13:51
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]
Great Lakes Dredge & Dock Corporation: Upgrading To Buy On Execution And Visibility
Seeking Alpha· 2025-08-08 17:11
Investment Philosophy - The investment approach is based on fundamental analysis, focusing on companies with a strong competitive moat, consistent growth in free cash flow, and robust financial performance [1] - The philosophy emphasizes long-term investing over short-term trading tactics, believing in the power of long-term strategies to unlock value [1] Market Engagement - The company aims to explore a wide array of topics relevant to investors, including uncovering undervalued stocks poised for growth and identifying overvalued stocks [1] - Writing for Seeking Alpha is viewed as a contribution to a community that values deep, analytical insights into the market [1] Professional Background - The analyst has a university degree specializing in business and economics, providing a solid foundation for investment analysis [1] - Currently, the analyst is working in a local brokerage firm, which supports their investment strategies and insights [1]