Company Performance - Great Lakes Dredge & Dock (GLDD) closed at $9.14, reflecting a +1.11% change from the previous day, outperforming the S&P 500's gain of 0.58% [1] - Over the past month, GLDD shares increased by 3.91%, contrasting with the Construction sector's decline of 1.18% and the S&P 500's drop of 0.84% [2] Earnings Expectations - The upcoming earnings report is anticipated to show an EPS of $0.25, which is a decrease of 19.35% year-over-year, while revenue is projected at $209.9 million, an increase of 5.66% from the previous year [3] - For the full year, earnings are expected to be $0.69 per share, down 17.86% from the prior year, with revenue forecasted at $775.45 million, reflecting a growth of 1.67% [4] Analyst Sentiment - Recent revisions to analyst forecasts for GLDD are being monitored, as they indicate short-term business trends and analyst optimism regarding the company's profitability [5] - The Zacks Rank system, which assesses stocks from 1 (Strong Buy) to 5 (Strong Sell), currently ranks GLDD at 3 (Hold), with no changes in the EPS estimate over the last 30 days [7] Valuation Metrics - GLDD is trading at a Forward P/E ratio of 13.2, which is below the industry average of 14.63, indicating a discount relative to its peers [8] - The company has a PEG ratio of 1.1, aligning with the average PEG ratio of 1.1 for Building Products - Heavy Construction stocks [9] Industry Context - The Building Products - Heavy Construction industry is part of the Construction sector and holds a Zacks Industry Rank of 83, placing it in the top 34% of over 250 industries [10]
Great Lakes Dredge & Dock (GLDD) Laps the Stock Market: Here's Why