The Technical Analyst
Great Lakes Dredge & Dock [GLDD]
Exchange: NASDAQ Sector: Industrials Industry: Engineering & Construction
Great Lakes Dredge & Dock Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
2.64% $7.59
America/New_York / 23 apr 2024 @ 10:23
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 506.19 mill |
| EPS: | 0.210 |
| P/E: | 36.12 |
| Earnings Date: | Apr 30, 2024 |
| SharesOutstanding: | 66.74 mill |
| Avg Daily Volume: | 0.374 mill |
| RATING 2024-04-22 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Buy | |
| DE: | Strong Buy | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 3.20x |
| Company: PE 36.12 | sector: PE 11.29 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 1.37x |
| Company: PE 36.12 | industry: PE 26.43 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 7.28 - 7.90 ( +/- 4.09%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-28 | Shanahan Kathleen M | Buy | 2 286 | Deferred Stock Units |
| 2024-03-28 | Levenson Ryan | Buy | 2 286 | Deferred Stock Units |
| 2024-03-28 | Steger Ronald | Buy | 2 701 | Deferred Stock Units |
| 2024-03-28 | Steuert D Michael | Buy | 2 429 | Common Stock |
| 2024-03-28 | Shipp Earl L | Buy | 2 286 | Common Stock |
| INSIDER POWER |
|---|
| 72.69 |
| Last 100 transactions |
| Buy: 1 150 848 | Sell: 141 374 |
Forecast:
11:59 - $7.50
Live Trading Signals (every 1 min)
Forecast
1: 10:29 - $7.59
Forecast 2: 11:19 - $7.57
Forecast 3: 11:59 - $7.50
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $7.59 (2.64% ) |
| Volume | 0.0221 mill |
| Avg. Vol. | 0.374 mill |
| % of Avg. Vol | 5.90 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For GLDD
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $7.90 | N/A | Active |
|---|
GLDD
Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; land reclamations, channel deepening, and port infrastructure development; and lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. It operates a fleet of 18 dredges, 17 material transportation barges, 1 drillboat, and various other support vessels. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.
Latest Press Releases
2024-02-14 08:00:00 - Press Release
Great Lakes Reports Fourth Quarter And Full Year 2023 Results
Fourth quarter net inc ome of $21.6 million fourth quarter adjusted ebitda of $40.8 million full year net inco me of $13.9 million full year adjusted ebitda of $73.0 million record dredging backlog o f $1.04 billion at december 31 , 2023
2024-02-07 16:00:00 - Press Release
Great Lakes Dredge & Dock Corporation Schedules Announcement Of 2023 Fourth Quarter Results
Houston, feb. 07, 2024 (globe newswire) -- great lakes dredge & dock corporation (nasdaq: gldd) today announced that it will release the financial results for its three and twelve months ended december 31, 2023 on wednesday, february 14, 2024 at 7:00 a.m. c.s.t. a conference call with the company will be held the same day at 9:00 a.m. c.s.t.
2024-01-04 16:05:00 - Press Release
Great Lakes Provides Update On Empire Wind I And Ii Contracts
Houston, jan. 04, 2024 (globe newswire) -- great lakes dredge & dock corporation ("great lakes" or the “company”) (nasdaq: gldd), the largest provider of dredging services in the united states, announced today that empire offshore wind llc (“empire wind”) has informed great lakes in consortium with van oord (“the consortium”), of the termination of the rock installation contract for empire wind ii which was set to commence in 2026.
2023-12-28 09:05:00 - Press Release
Great Lakes Announces Receipt Of $173.7 Million In Awarded Work
Houston, dec. 28, 2023 (globe newswire) -- great lakes dredge & dock corporation ("great lakes" or the “company”) (nasdaq: gldd), the largest provider of dredging services in the united states, announced today the receipt of several dredging awards totaling $173.7 million.
2023-12-21 16:05:00 - Press Release
Great Lakes Dredge & Dock Co. Announces Significant Status Update On Its Maritime Administration (“marad”) Title Xi Financing Application
Houston, dec. 21, 2023 (globe newswire) -- great lakes dredge & dock corporation ("great lakes" or the “company”) (nasdaq: gldd), the largest provider of dredging services in the united states, announced that its marad title xi financing application for its offshore wind rock installation vessel, the acadia, has been updated to the "completed" category, indicating the loan process is moving towards the final phase.
Latest News
2024-03-11 10:31:13 - Zacks Investment Research
5 Stocks to Watch From a Thriving Heavy Construction Industry
Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, DY, GLDD and ORN from the Zacks Building Products - Heavy Construction industry.
2024-02-24 04:21:35 - Seeking Alpha
Great Lakes Dredge & Dock: A Good Opportunity With Minimal Downside Risk
GLDD recently posted improved financial results for Q4 FY23, with increased contract revenues and improved margins. Despite lower annual revenue in FY23 compared to FY22, profitability improved significantly due to cost reduction actions. Technical analysis suggests that now is a good time to accumulate the stock, as it is trading near strong support levels and shows potential for a trend change.
2024-02-19 10:56:10 - Zacks Investment Research
Great Lakes Dredge & Dock (GLDD)'s Technical Outlook is Bright After Key Golden Cross
Great Lakes Dredge & Dock Corporation (GLDD) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, GLDD's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
2024-02-14 16:17:20 - The Motley Fool
Why Great Lakes Dredge & Dock Is Floating Higher Today
Great Lakes beat earnings estimates and reported a dramatically higher backlog of future business. The company spent 2023 focused on pursuing higher-quality business after being hit by delays and cost issues in 2022.
2024-02-14 15:31:06 - Seeking Alpha
Great Lakes Dredge & Dock Corporation (GLDD) Q4 2023 Earnings Call Transcript
2024-02-14 10:11:05 - Zacks Investment Research
Great Lakes Dredge & Dock (GLDD) Q4 Earnings Beat Estimates
Great Lakes Dredge & Dock (GLDD) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.37 per share a year ago.
2024-01-05 14:17:07 - Zacks Investment Research
Will Great Lakes' (GLDD) Contract Winning Spree Aid in 2024?
Great Lakes' (GLDD) strong bidding ability and project execution bode well. Yet, macroeconomic woes continue to hurt.
2023-12-05 15:02:12 - Zacks Investment Research
Great Lakes (GLDD) Receives Third Rock Installation Contract
2023-11-28 16:00:00 - GlobeNewsWire
Great Lakes Dredge & Dock to Present at Sidoti December Small Cap Virtual Conference on Wednesday, December 6, 2023
HOUSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that its President and Chief Executive Officer, Lasse Petterson, and its Senior Vice President, Chief Financial Officer and Treasurer, Scott Kornblau, will be presenting and hosting one-on-one meetings with investors at the Sidoti December Small Cap Virtual Investor Conference, taking place on December 6, 2023.
2023-11-27 16:00:00 - GlobeNewsWire
Great Lakes Dredge & Dock to Present at Noble Capital Markets' 19th Annual Emerging Growth Equity Conference on Monday, December 4, 2023
HOUSTON, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, today announced that its President and Chief Executive Officer Lasse Petterson and its Senior Vice President, Chief Financial Officer and Treasurer, Scott Kornblau, will present at NobleCon19 - Noble Capital Markets' 19th Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, Florida, on Monday, December 4, 2023 at 10:30 AM Eastern Standard Time. There will also be an opportunity to meet with management during a breakout session scheduled immediately following the presentation.