GLDD

Great Lakes Dredge & Dock Corp

Add to Watchlist

Advanced Chart

11.420

-0.13(-1.126%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

11.640

Open

11.610

VWAP

Vol

295.16K

Mkt Cap

775.72M

Low

11.3748

Amount

EV/EBITDA(TTM)

7.82

Total Shares

67.01M

1.19B

EV/OCF(TTM)

12.86

P/S(TTM)

0.98

Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company is also engaged in developing offshore wind energy. It operates three types of dredging equipment: hopper dredges, hydraulic dredges, and mechanical dredges. Its dredging generally involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Domestically, its work is generally performed in coastal waterways and deep-water ports. The United States dredging market consists of four primary types of work: capital, coastal protection, maintenance, and rivers and lakes. The Company's capital dredging consists primarily of port expansion projects. Its domestic dredging fleet is positioned on the East and Gulf Coasts, with a smaller number of vessels positioned on the West Coast, and with the rivers and lakes dredges on inland rivers and lakes. It comprises approximately 200 specialized vessels.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

204.13M

+0.67%

0.212

-26.72%

194.93M

+1.96%

0.152

+17.31%

177.70M

+4.48%

0.092

-15.91%

Estimates Revision

The market is revising Downward the revenue expectations for Great Lakes Dredge & Dock Corporation (GLDD) for FY2025, with the revenue forecasts being adjusted by -0.74% over the past three months. During the same period, the stock price has changed by 26.33%.

Revenue Estimates for FY2025

Revise Downward

-0.74%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.8%

In Past 3 Month

Stock Price

Go Up

+26.33%

In Past 3 Month

1 Analyst Rating

22.59% Upside

Wall Street analysts forecast GLDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLDD is 14.00 USD with a low forecast of 14.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

0 Hold

0 Sell

Moderate Buy

22.59% Upside

Current: 11.420

Low

14.00

Averages

14.00

High

14.00

22.59% Upside

Current: 11.420

Low

14.00

Averages

14.00

High

14.00

Noble Capital Markets

Poe Fratt

Buy

Maintains

$11 → $14

2024-09-23

Reason

Noble Capital Markets

Poe Fratt

Price Target

$11 → $14

2024-09-23

Maintains

Buy

Reason

Noble Capital raised the firm's price target on Great Lakes Dredge to $14 from $11 and keeps an Outperform rating on the shares. The firm believes the strong operating environment, as evidenced by the new awards announced Friday, will continue, the analyst tells investors.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Great Lakes Dredge & Dock Corp (GLDD.O) is 16.64, compared to its 5-year average forward P/E of -2.51. For a more detailed relative valuation and DCF analysis to assess Great Lakes Dredge & Dock Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-2.51

Current PE

16.64

Overvalued PE

53.55

Undervalued PE

-58.57

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

12.74

Current EV/EBITDA

9.38

Overvalued EV/EBITDA

27.16

Undervalued EV/EBITDA

-1.67

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.95

Current PS

0.98

Overvalued PS

1.21

Undervalued PS

0.70