Great Lakes Dredge & Dock (GLDD) stock rose slightly but underperformed the market.
From Nasdaq: 2025-01-03 18:15:21
Great Lakes Dredge & Dock (GLDD) closed at $11.77, a +0.94% increase from the previous day, lower than the S&P 500’s gain. GLDD stock fell 8.12% in the last month, underperforming the Construction sector. Analysts predict GLDD to report an EPS of $0.21 and revenue of $211.8 million, with a Zacks Rank #2 (Buy).
GLDD’s valuation includes a Forward P/E ratio of 13.25, below the industry average of 17.17. The company’s PEG ratio stands at 0.38, compared to the industry’s 1.24. GLDD operates in the Construction sector, ranked in the bottom 32% of industries. Zacks Industry Rank shows top-rated industries outperforming the bottom half by 2 to 1.
Investors can track GLDD’s stock metrics on Zacks.com. The company targets millennial and Gen Z audiences, generating $1 billion in revenue last quarter. Director of Research Sheraz Mian picks GLDD as the top stock set to double, with significant upside potential. Previous Zacks picks like Nano-X Imaging soared over 100%.
Read more at Nasdaq: Great Lakes Dredge & Dock (GLDD) Rises Yet Lags Behind Market: Some Facts Worth Knowing