Great Lakes Dredge & Dock (GLDD) Stock Sinks As Market Gains: What You Should Know

From Nasdaq: 2025-03-31 18:15:00

Great Lakes Dredge & Dock (GLDD) closed at $8.70, down 1.58% from the previous day. Stock climbed by 4.12% in the past month, outperforming Construction sector and S&P 500. Earnings expected to be $0.25 per share, revenue $209.9 million. Zacks Rank is #3 (Hold), with steady EPS estimate over past month.

GLDD’s Forward P/E ratio is 12.9, lower than industry average of 14.67. PEG ratio is 1.08, indicating expected earnings growth. Industry rank is 195 out of 250+, in bottom 23%. Use Zacks.com to track stock metrics. Analyst estimates and Zacks Rank show a direct relationship with stock price performance.

New top chip stock recommended by Zacks, 1/9,000th size of NVIDIA but with significant growth potential. Semiconductor industry projected to grow from $452 billion in 2021 to $803 billion by 2028. Strong earnings growth and expanding customer base position the stock well for future growth in AI, ML, and IoT sectors.



Read more at Nasdaq: Great Lakes Dredge & Dock (GLDD) Stock Sinks As Market Gains: What You Should Know