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 ...

Company Overview - Great Lakes Dredge & Dock (NASDAQ: GLDD) is the largest dredging company in the U.S. and operates in a niche but critical infrastructure segment [1] Market Position - Despite its leadership position, Great Lakes Dredge & Dock is often overlooked by the market, indicating a potential undervaluation [1] Investment Focus - Stork Research, a private investor, specializes in overlooked and undercovered markets, focusing on micro-cap and small-cap equities that exhibit strong growth at reasonable valuations [1] - The research emphasizes deep, fundamentals-based analysis in sectors such as industrials and technology, which are historically rich in multi-bagger potential [1] Geographic Scope - The investment focus of Stork Research spans the U.S., Canada, and select European markets, including Poland and Germany [1] Investment Strategy - Stork Research typically avoids highly cyclical industries but occasionally targets recovery-phase opportunities or contrarian plays in severely overvalued names where sentiment diverges from long-term value [1]

Core Insights - Investors favor businesses with consistent profitability, measured effectively by net profit margin, which indicates a company's efficiency in converting sales into profits [1][2] - Companies like Greenland Technologies Holding Corporation (GTEC), Great Lakes Dredge & Dock Corporation (GLDD), Orion Group Holdings, Inc. (ORN), and Climb Global Solutions, Inc. (CLMB) demonstrate strong net profit margins, making them attractive to investors [1] Summary by Category Net Profit Margin - Net profit margin is calculated as net profit divided by sales, multiplied by 100, serving as a key indicator of a company's operational strength and cost control [2] - A higher net profit margin not only attracts investors but also skilled employees, enhancing overall business value and providing a competitive edge [3] Advantages and Disadvantages - A strong net profit margin clarifies a company's business model regarding pricing, cost structure, and manufacturing efficiency, making it a preferred metric for investors [4] - However, net profit margin varies significantly across industries, and its relevance diminishes for technology companies compared to traditional industries [4][5] Screening Parameters - Effective investment strategies prioritize a net profit margin of at least 0%, indicating solid profitability, and positive earnings per share (EPS) growth [7] - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) are expected to outperform peers, especially when combined with a favorable VGM Score [8] Company Profiles - **Greenland Technologies Holding Corporation (GTEC)**: Develops drivetrain systems, currently holds a Zacks Rank of 1, with a VGM Score of A. The 2025 earnings estimate was revised upward to $0.48 per share, with an average surprise of 540.6% over the last four quarters [9] - **Great Lakes Dredge & Dock Corporation (GLDD)**: Largest U.S. dredging service provider, also holds a Zacks Rank of 1 and a VGM Score of A. The 2025 earnings estimate increased by $0.24 to $0.93 per share, with an average surprise of 93.3% [10][11] - **Orion Group Holdings, Inc. (ORN)**: A construction company with a Zacks Rank of 1 and a VGM Score of B. The 2025 earnings estimate rose by $0.09 to $0.16 per share, with an average surprise of -104.4% [12] - **Climb Global Solutions, Inc. (CLMB)**: An IT distribution company with a Zacks Rank of 1 and a VGM Score of B. The 2025 earnings estimate remains at $5.40 per share, with an average surprise of 63.4% [13][14]

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 ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Great Lakes Dredge & Dock (GLDD) - GLDD currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [3] Price Performance - Over the past week, GLDD shares increased by 11.23%, outperforming the Zacks Building Products - Heavy Construction industry, which rose by 3.79% [6] - In the last month, GLDD's price change was 24.78%, compared to the industry's 22.49% [6] - Over the past quarter, GLDD shares rose by 1.18%, and over the last year, they increased by 19.04%, while the S&P 500 saw declines of -3.09% and gains of 13.39%, respectively [7] Trading Volume - GLDD's average 20-day trading volume is 611,022 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, two earnings estimates for GLDD have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.69 to $0.93 [10] - For the next fiscal year, two estimates have also moved upwards without any downward revisions [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, GLDD is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [12]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Strategy - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Great Lakes Dredge & Dock (GLDD) Analysis - GLDD has shown a price increase of 24.8% over the past four weeks, indicating growing investor interest [4] - The stock has gained 1.2% over the past 12 weeks and has a beta of 1.23, suggesting it moves 23% more than the market [5] - GLDD holds a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - GLDD has received upward revisions in earnings estimates, earning a Zacks Rank 1 (Strong Buy), which typically attracts more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.94, suggesting it is undervalued as investors pay only 94 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides GLDD, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [9]

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 PEG ratio of 0.08 compared to the industry average of 0.32, and possesses a Growth Score of A [1] Group 2: 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 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 34.8% over the last 60 days [2] - The company has a PEG ratio of 0.96 compared to the industry average of 1.49, and possesses a Growth Score of A [2] Group 3: The ODP Corporation (ODP) - The ODP Corporation provides business services, products, and digital workplace technology solutions, also holding a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 9% over the last 60 days [3] - The company has a PEG ratio of 0.44 compared to the industry average of 3.48, and possesses a Growth Score of B [3]

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]