At the time of writing, Great Lakes Dredge & Dock Corporation [GLDD] stock is trading at $8.65, up 10.33%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GLDD shares have gain 9.22% over the last week, with a monthly amount drifted -22.91%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Great Lakes Dredge & Dock Corporation [NASDAQ: GLDD] stock has seen the most recent analyst activity on August 08, 2016, when Imperial Capital downgraded its rating to a In-line and also revised its price target to $4 from $5.50. Previously, DA Davidson reaffirmed its Neutral rating on August 05, 2016, and dropped its price target to $4. On February 24, 2016, Imperial Capital reiterated its Outperform rating and revised its price target to $5.50 on the stock. Imperial Capital reiterated its Outperform rating and decreased its price target to $6.50 on November 04, 2015. Imperial Capital reiterated its recommendation of a Outperform and reduced its price target to $10 on August 09, 2013. BB&T Capital Mkts downgraded its rating to Hold for this stock on July 25, 2013. In a note dated June 20, 2013, Imperial Capital initiated an Outperform rating and provided a target price of $11 on this stock.
For the past year, the stock price of Great Lakes Dredge & Dock Corporation fluctuated between $6.55 and $12.89. Great Lakes Dredge & Dock Corporation [NASDAQ: GLDD] shares were valued at $8.65 at the most recent close of the market.
Analyzing the GLDD fundamentals
According to Great Lakes Dredge & Dock Corporation [NASDAQ:GLDD], the company’s sales were 762.69M for trailing twelve months, which represents an 11.58% jump. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.31 points at the first support level, and at 7.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.85, and for the 2nd resistance point, it is at 9.04.
Ratios To Look Out For
It is important to note that Great Lakes Dredge & Dock Corporation [NASDAQ:GLDD] has a current ratio of 1.17. As well, the Quick Ratio is 1.03, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 10.24.
Transactions by insiders
Recent insider trading involved GUNSTEN CHRISTOPHER, SVP-Proj Svcs & Fleet Engineer, that happened on Mar 04 ’25 when 3875.0 shares were purchased. Director, DICKERSON LAWRENCE R completed a deal on Nov 14 ’24 to sell 15936.0 shares. Meanwhile, Director DICKERSON LAWRENCE R bought 15936.0 shares on Nov 14 ’24.
