Granite Construction (GVA) possesses solid growth attributes, which could help it handily outperform the market.
Granite Construction Incorporated (NYSE:GVA ) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Mike Barker - Vice President of Investor Relations Kyle Larkin - President and Chief Executive Officer Staci Woolsey - Executive Vice President and Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Steven Ramsey - Thompson Research Group Michael Dudas - Vertical Research Jerry Revich - Goldman Sachs Operator Good morning.
Granite Construction remains a 'buy' due to its strong financial performance, attractive valuation, and management's optimistic outlook for 2025, despite the recent stock price decline. The company's revenue grew 14.2% in 2024, driven by acquisitions and higher sales prices, with significant growth in both the Materials and Construction segments. Management expects 2025 revenue to rise to $4.2-$4.4 billion and EBITDA margins to improve, indicating continued profitability and cash flow growth.
This $66 million contract boosts GVA's portfolio and enhances California's infrastructure.
Granite Construction Incorporated (NYSE:GVA ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Mike Barker – Vice President of Investor Relations Kyle Larkin – President and Chief Executive Officer Staci Woolsey – Executive Vice President and Chief Financial Officer Conference Call Participants Steven Ramsey – Thompson Research Group Michael Dudas – Vertical Research Partners Jerry Revich – Goldman Sachs Jean Veliz – D.A. Davidson Operator Good morning everyone.
Granite Construction has shown strong financial performance, with significant revenue and profit growth, driven by favorable conditions and acquisitions. Despite impressive gains, the stock is nearing a valuation where a downgrade to 'hold' might be necessary if outperformance continues. Management's guidance for 2027 suggests continued organic growth and margin expansion, indicating potential for further upside.
GVA receives a new $88 million project from the California Department of Transportation. Dive in to know more about the stock's new win.
GVA expands its government contracts with a Fort Bliss project.
I'm into infrastructure, and not just data centers for AI. Our road and transportation systems remain awful, and I want to invest in companies that get paid to fix it. Granite Construction is close to a pure play on roadwork.
Does Granite Construction (GVA) have what it takes to be a top stock pick for momentum investors? Let's find out.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Granite Construction Incorporated (NYSE:GVA ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Mike Barker - Vice President-Investor Relations Kyle Larkin - President and Chief Executive Officer Staci Woolsey - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Ramsey - Thompson Research Group Brent Thielman - D.A. Davidson Michael Dudas - Vertical Research Partners Operator Good morning, my name is Andrea, and I will be your conference facilitator today.