Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Great Lakes Dredge & Dock (GLDD) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Great Lakes Dredge & Dock (GLDD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Great Lakes Dredge & Dock (GLDD) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
GLDD is transitioning to a more cash-generative phase as its major capex cycle winds down, supporting a constructive outlook. A record ~$1 billion backlog, with high-margin capital and coastal projects, provides strong revenue visibility into 2025 and 2026. Fleet modernization, highlighted by the Acadia vessel, positions GLDD for growth in offshore energy, though execution risks remain beyond 2026.
The average of price targets set by Wall Street analysts indicates a potential upside of 33% in Great Lakes Dredge & Dock (GLDD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Investors interested in stocks from the Building Products - Heavy Construction sector have probably already heard of Great Lakes Dredge & Dock (GLDD) and Dycom Industries (DY). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Great Lakes Dredge & Dock just delivered solid Q2 results, beating earnings and revenue expectations with 14% year-over-year revenue growth. The company is repurchasing shares, is completing a new build program, and should see a large bump in FY2026 in free cash flow. Great Lake Dredge & Dock also has a large order backlog. An updated analysis of this infrastructure concern is provided in the paragraphs below.
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD ) Q2 2025 Earnings Call August 5, 2025 10:00 AM ET Company Participants Eric Birge - Vice President of Investor Relations and Finance Lasse J. Petterson - CEO, President & Director Scott Lee Kornblau - Senior VP & CFO Conference Call Participants Joseph Anthony Gomes - NOBLE Capital Markets, Inc., Research Division Julio Alberto Romero - Sidoti & Company, LLC Kevin Wade Gainey - Thompson, Davis & Company, Inc., Research Division Operator Good day, and thank you for standing by.
The headline numbers for Great Lakes Dredge & Dock (GLDD) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.