Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Granite Construction Inc. (NYSE: GVA) weakened recently. GVA’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 2/7/25, Granite Construction Inc. (NYSE: GVA) stock declined slightly by -0.4%, closing at $88.52. However, below average trading volume at 71% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -0.7% during the last week.
Current PriceTarget Research Rating
Granite Construction has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Granite Construction has a poor Appreciation Score of 29 but a very high Power Rating of 90, leading to the High Neutral Value Trend Rating.
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