Granite Construction Inc. (NYSE: GVA) has reported E.P.S. of $0.95 for its fourth fiscal quarter (ending December 31) versus $0.59 for the same period a year ago — an increase of 61%. Relative to the consensus estimate of $1.24, this was a shortfall of $-0.28. For the latest four quarters through December 31, E.P.S. were $2.88 compared to $0.99 a year ago — an increase of 191%.
Recent Price Action
Granite Construction Inc. (NYSE: GVA) stock closed at $87.18 on 2/13/25 after a modest gain of 0.6%. Moreover, exceptionally high trading volume at 260% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -0.5% 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, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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