Core Insights - Great Lakes Dredge & Dock (GLDD) stock closed at $11.18, reflecting a -1.5% change from the previous day, which is less than the S&P 500's daily loss of 0.63% [1] - The company is expected to report an EPS of $0.17, representing a 30.77% increase year-over-year, with a revenue forecast of $197.6 million, indicating a 3.36% growth compared to the same quarter last year [2] - For the annual period, earnings are anticipated to be $1.02 per share and revenue at $831.51 million, showing increases of +21.43% and +9.02% respectively from the previous year [3] Company Performance and Estimates - Recent changes in analyst estimates for Great Lakes Dredge & Dock reflect evolving short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently places Great Lakes Dredge & Dock at a rank of 3 (Hold) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged [5] Valuation Metrics - Great Lakes Dredge & Dock is trading at a Forward P/E ratio of 11.16, which is a discount compared to the industry average Forward P/E of 27.19 [6] - The company has a PEG ratio of 0.93, significantly lower than the industry average PEG ratio of 2.04 [6] Industry Context - The Building Products - Heavy Construction industry, which includes Great Lakes Dredge & Dock, ranks in the top 11% of all industries according to the Zacks Industry Rank [7] - The strength of individual industry groups is measured by the Zacks Industry Rank, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Great Lakes Dredge & Dock (GLDD) Falls More Steeply Than Broader Market: What Investors Need to Know