Company Performance - Great Lakes Dredge & Dock (GLDD) has returned 1.2% year-to-date, outperforming the average loss of 1.4% in the Construction sector [4] - The Zacks Consensus Estimate for GLDD's full-year earnings has increased by 5.1% over the past quarter, indicating improving analyst sentiment [4] - GLDD currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [3] Industry Comparison - GLDD is part of the Building Products - Heavy Construction industry, which ranks 1 in the Zacks Industry Rank, with an average gain of 1.3% year-to-date [6] - In contrast, Janus International Group, Inc. (JBI), another outperforming stock in the Construction sector, has returned 15.7% year-to-date and has a Zacks Rank of 2 (Buy) [5] - The Building Products - Miscellaneous industry, where JBI belongs, is ranked 94 and has seen a decline of 5.9% since the beginning of the year [7]
Are Construction Stocks Lagging Great Lakes Dredge & Dock (GLDD) This Year?