Great Lakes Dredge & Dock
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- Market Cap.:
- $528.34 million
- Book Value:
- Revenue TTM:
- $595.72 million
- Operating Margin TTM:
- Gross Profit TTM:
- $31.17 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Great Lakes Dredge & Dock had its IPO on 2006-12-27 under the ticker symbol GLDD.
The company operates in the Industrials sector and Engineering & Construction industry. Great Lakes Dredge & Dock has a staff strength of 429 employees.
Shares of Great Lakes Dredge & Dock opened at $7.76 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $7.7 - $7.82, and closed at $7.76.
This is a +0.52% increase from the previous day's closing price.
A total volume of 232,236 shares were traded at the close of the day’s session.
In the last one week, shares of Great Lakes Dredge & Dock have slipped by -11.72%.
Great Lakes Dredge & Dock's Key Ratios
Great Lakes Dredge & Dock has a market cap of $528.34 million, indicating a price to book ratio of 1.132 and a price to sales ratio of 0.6217.
In the last 12-months Great Lakes Dredge & Dock’s revenue was $595.72 million with a gross profit of $31.17 million and an EBITDA of $9.63 million. The EBITDA ratio measures Great Lakes Dredge & Dock's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Great Lakes Dredge & Dock’s operating margin was -5.96% while its return on assets stood at -2.19% with a return of equity of -10.91%.
In Q2, Great Lakes Dredge & Dock’s quarterly earnings growth was a positive 29.2% while revenue growth was a negative 11.2%.
Great Lakes Dredge & Dock’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.63 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 10. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Great Lakes Dredge & Dock’s profitability.
Great Lakes Dredge & Dock stock is trading at a EV to sales ratio of 1.1499 and a EV to EBITDA ratio of 9.3071. Its price to sales ratio in the trailing 12-months stood at 0.6217.
Great Lakes Dredge & Dock stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.01 billion
- Total Liabilities
- $141.33 million
- Operating Cash Flow
- Capital Expenditure
- $21.15 million
- Dividend Payout Ratio
Great Lakes Dredge & Dock ended 2023 with $1.01 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.01 billion while shareholder equity stood at $368.52 million.
Great Lakes Dredge & Dock ended 2023 with $0 in deferred long-term liabilities, $141.33 million in other current liabilities, 7000.00 in common stock, $54.82 million in retained earnings and $76.58 million in goodwill. Its cash balance stood at $42.07 million and cash and short-term investments were $42.07 million. The company’s total short-term debt was $26,340,000 while long-term debt stood at $376.80 million.
Great Lakes Dredge & Dock’s total current assets stands at $190.36 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $86.24 million compared to accounts payable of $65.21 million and inventory worth $32.07 million.
In 2023, Great Lakes Dredge & Dock's operating cash flow was $0 while its capital expenditure stood at $21.15 million.
Comparatively, Great Lakes Dredge & Dock paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Great Lakes Dredge & Dock stock is currently trading at $7.76 per share. It touched a 52-week high of $9.9 and a 52-week low of $9.9. Analysts tracking the stock have a 12-month average target price of $11.
Its 50-day moving average was $8.4 and 200-day moving average was $6.83 The short ratio stood at 2.3 indicating a short percent outstanding of 0%.
Around 283% of the company’s stock are held by insiders while 8673.3% are held by institutions.
Frequently Asked Questions About Great Lakes Dredge & Dock
Similar Industry Stocks (Engineering & Construction)
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 hydraulic dredges, hopper dredges, mechanical dredges, unloader, drill boat, and material and other barges equipment. 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.