We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Great Lakes Dredge & Dock Corporation (GLDD) Hits Fresh High: Is There Still Room to Run?
Read MoreHide Full Article
Shares of Great Lakes Dredge & Dock (GLDD - Free Report) have been strong performers lately, with the stock up 3.7% over the past month. The stock hit a new 52-week high of $13.1 in the previous session. Great Lakes Dredge & Dock has gained 15.6% since the start of the year compared to the 5.5% move for the Zacks Construction sector and the 44.4% return for the Zacks Building Products - Heavy Construction industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on November 4, 2025, Great Lakes Dredge & Dock reported EPS of $0.26 versus consensus estimate of $0.17.
For the current fiscal year, Great Lakes Dredge & Dock is expected to post earnings of $1.1 per share on $851.26 in revenues. This represents a 30.95% change in EPS on a 11.61% change in revenues. For the next fiscal year, the company is expected to earn $1.09 per share on $892.05 in revenues. This represents a year-over-year change of -0.61% and 4.79%, respectively.
Valuation Metrics
Great Lakes Dredge & Dock may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Great Lakes Dredge & Dock has a Value Score of A. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 11.9X current fiscal year EPS estimates, which is not in-line with the peer industry average of 22.9X. On a trailing cash flow basis, the stock currently trades at 7.1X versus its peer group's average of 17.7X. Additionally, the stock has a PEG ratio of 0.99. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Great Lakes Dredge & Dock an interesting choice for value investors.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Great Lakes Dredge & Dock currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Great Lakes Dredge & Dock fits the bill. Thus, it seems as though Great Lakes Dredge & Dock shares could have potential in the weeks and months to come.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Great Lakes Dredge & Dock Corporation (GLDD) Hits Fresh High: Is There Still Room to Run?
Shares of Great Lakes Dredge & Dock (GLDD - Free Report) have been strong performers lately, with the stock up 3.7% over the past month. The stock hit a new 52-week high of $13.1 in the previous session. Great Lakes Dredge & Dock has gained 15.6% since the start of the year compared to the 5.5% move for the Zacks Construction sector and the 44.4% return for the Zacks Building Products - Heavy Construction industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on November 4, 2025, Great Lakes Dredge & Dock reported EPS of $0.26 versus consensus estimate of $0.17.
For the current fiscal year, Great Lakes Dredge & Dock is expected to post earnings of $1.1 per share on $851.26 in revenues. This represents a 30.95% change in EPS on a 11.61% change in revenues. For the next fiscal year, the company is expected to earn $1.09 per share on $892.05 in revenues. This represents a year-over-year change of -0.61% and 4.79%, respectively.
Valuation Metrics
Great Lakes Dredge & Dock may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Great Lakes Dredge & Dock has a Value Score of A. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 11.9X current fiscal year EPS estimates, which is not in-line with the peer industry average of 22.9X. On a trailing cash flow basis, the stock currently trades at 7.1X versus its peer group's average of 17.7X. Additionally, the stock has a PEG ratio of 0.99. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Great Lakes Dredge & Dock an interesting choice for value investors.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Great Lakes Dredge & Dock currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Great Lakes Dredge & Dock fits the bill. Thus, it seems as though Great Lakes Dredge & Dock shares could have potential in the weeks and months to come.