Is Great Lakes Stock a Good Investment?
Great Lakes Investment Advice | GLDD |
- Examine Great Lakes' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Great Lakes' leadership team and their track record. Good management can help Great Lakes navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction space and any emerging trends that could impact Great Lakes' business and its evolving consumer preferences.
- Compare Great Lakes' performance and market position to its competitors. Analyze how Great Lakes is positioned in terms of product offerings, innovation, and market share.
- Check if Great Lakes pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Great Lakes' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Great Lakes Dredge stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Great Lakes Dredge is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Great Lakes Stock
Researching Great Lakes' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 84.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.74. Some equities with similar Price to Book (P/B) outperform the market in the long run. Great Lakes Dredge has Price/Earnings To Growth (PEG) ratio of 0.38. The entity last dividend was issued on the 19th of December 2012.
To determine if Great Lakes is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Great Lakes' research are outlined below:
| Great Lakes Dredge generated a negative expected return over the last 90 days | |
| Over 84.0% of the company shares are owned by institutional investors |
Great Lakes uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Great Lakes Dredge. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Great Lakes' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Great Lakes' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 750.08 M.Great Lakes' profitablity analysis
The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09.Determining Great Lakes' profitability involves analyzing its financial statements and using various financial metrics to determine if Great Lakes is a good buy. For example, gross profit margin measures Great Lakes' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Great Lakes' profitability and make more informed investment decisions.
Please note, the presentation of Great Lakes' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Great Lakes' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Great Lakes' management manipulating its earnings.
Basic technical analysis of Great Stock
As of the 31st of January, Great Lakes retains the Standard Deviation of 2.21, market risk adjusted performance of (0.04), and Risk Adjusted Performance of (0.01). Great Lakes technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Great Lakes Dredge variance, as well as the relationship between the maximum drawdown and skewness to decide if Great Lakes is priced fairly, providing market reflects its last-minute price of 11.15 per share. Given that Great Lakes Dredge has information ratio of (0.06), we strongly advise you to confirm Great Lakes Dredge's regular market performance to make sure the company can sustain itself at a future point.Great Lakes' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Great Lakes insiders, such as employees or executives, is commonly permitted as long as it does not rely on Great Lakes' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Great Lakes insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Great Lakes' Outstanding Corporate Bonds
Great Lakes issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Great Lakes Dredge uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Great bonds can be classified according to their maturity, which is the date when Great Lakes Dredge has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| US390607AF62 Corp BondUS390607AF62 | View |
Understand Great Lakes' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Great Lakes' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.58 | |||
| Coefficient Of Variation | (5,109) | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.89 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 13.21 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 3.28 | |||
| Skewness | 0.0178 | |||
| Kurtosis | 1.87 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.58 | |||
| Coefficient Of Variation | (5,109) | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.89 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 13.21 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 3.28 | |||
| Skewness | 0.0178 | |||
| Kurtosis | 1.87 |
Consider Great Lakes' intraday indicators
Great Lakes intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Great Lakes stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Great Lakes time-series forecasting models is one of many Great Lakes' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Great Lakes' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Great Stock media impact
Far too much social signal, news, headlines, and media speculation about Great Lakes that are available to investors today. That information is available publicly through Great media outlets and privately through word of mouth or via Great internal channels. However, regardless of the origin, that massive amount of Great data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Great Lakes news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Great Lakes relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Great Lakes' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Great Lakes alpha.
Great Lakes Corporate Management
| Trond Ellefsen | VP Innovation | Profile | |
| James Tastard | Sr Officer | Profile | |
| Lynn Nietfeld | Senior Region | Profile | |
| David Johanson | Senior Operations | Profile | |
| Todd Lightfoot | VP Officer | Profile | |
| Steven Becker | Senior Engineering | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Great Lakes. If investors know Great will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Great Lakes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Great Lakes Dredge is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Lakes' value that differs from its market value or its book value, called intrinsic value, which is Great Lakes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Great Lakes' market value can be influenced by many factors that don't directly affect Great Lakes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Great Lakes' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Great Lakes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Lakes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.