Great Lakes Dredge & Dock Corp (NASDAQ: GLDD) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.29 versus $0.32 for the same period a year ago — a decline of -9%. E.P.S. were $0.85 for the latest four quarters through December 31 versus $0.21 for the same period a year ago — an increase of 305%.
Recent Price Action
On 2/18/25, Great Lakes Dredge & Dock Corp (NASDAQ: GLDD) stock suffered a major decline of -18.4%, closing at $8.98. Moreover, trading volume in this decline was exceptionally high at 457% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -21.3% during the last week.
Current PriceTarget Research Rating
Great Lakes Dredge & Dock has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Great Lakes Dredge & Dock has a neutral Appreciation Score of 43 but a very high Power Rating of 91, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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