Great Lakes Dredge & Dock (US:GLDD) ZACKSยท2025-06-24 23:16Company Performance - Great Lakes Dredge & Dock (GLDD) closed at $12.35, with a gain of +1.65% on the most recent trading day, outperforming the S&P 500's gain of 1.11% [1] - Prior to this trading day, GLDD shares had increased by 11.16%, significantly surpassing the Construction sector's gain of 2.35% and the S&P 500's gain of 3.92% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $0.08, reflecting a 27.27% decline compared to the same quarter last year [2] - Revenue is projected to be $174.33 million, indicating a 2.49% increase compared to the year-ago quarter [2] Full-Year Estimates - Zacks Consensus Estimates forecast earnings of $0.96 per share and revenue of $816.02 million for the full year, representing year-over-year changes of +14.29% and +6.99%, respectively [3] - Recent analyst estimate revisions suggest a positive outlook for the business [3] Valuation Metrics - GLDD is currently trading at a Forward P/E ratio of 12.7, which is lower than the industry's Forward P/E of 20.97, indicating a valuation discount [6] - The company has a PEG ratio of 1.06, compared to the industry average PEG ratio of 1.34 [7] Industry Context - The Building Products - Heavy Construction industry, which includes GLDD, has a Zacks Industry Rank of 3, placing it in the top 2% of over 250 industries [8] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8] Investment Rating - GLDD currently holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for 1 stocks since 1988 [5]