Granite Construction Stock Target Price and Analyst Consensus

GVA Stock  USD 98.21  0.96  0.99%   
The current analyst and expert consensus on Granite Construction is Buy, with 2 strong buy opinions. The current projected Granite Construction target price consensus is 50.00 with 3 analyst opinions. Check out Macroaxis Advice on Granite Construction to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Granite Construction analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Granite Construction executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Granite Construction. We encourage you to use your own analysis of Granite Construction to validate this buy or sell advice. Granite Construction buy-or-sell recommendation module provides average expert sentiment on the projected Granite Construction target price to derive its highest and lowest estimates based on projected price volatility of 1.4114.
Lowest Forecast
45.5
Highest Forecast
55.5
Target Price
50
At present, Granite Construction's Operating Profit Margin is projected to slightly decrease based on the last few years of reporting. The current year's Net Profit Margin is expected to grow to 0.02, whereas Gross Profit is forecasted to decline to about 263.2 M. At present, Granite Construction's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.1 B, whereas Total Assets are forecasted to decline to about 1.4 B.
  
It's important to approach Granite Construction's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Granite Construction price targets

Granite Construction's stock target price is an estimate of its future price, usually made by analysts. Using Granite Construction's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Granite Construction's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Granite Construction's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Granite Construction Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Granite Construction is a key component of Granite Construction valuation and have some predictive power on the future returns of a Granite Construction.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Granite Construction's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
97.6299.02100.42
Details
Intrinsic
Valuation
LowRealHigh
77.7279.12108.03
Details
Naive
Forecast
LowNextHigh
93.2294.6396.03
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.161.121.39
Details

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When determining whether Granite Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Granite Construction's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Granite Construction Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Granite Construction Incorporated Stock:
Check out Macroaxis Advice on Granite Construction to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Please note, the presentation of Granite Construction's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Granite Construction's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Granite Construction's management manipulating its earnings.