Should you consider GREAT LAKES DREDGE & DOCK CO (NASDAQ:GLDD) for growth investing?

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if GREAT LAKES DREDGE & DOCK CO (NASDAQ:GLDD) is suited for growth investing. Investors should of course do their own research, but we spotted GREAT LAKES DREDGE & DOCK CO showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

What matters for growth investors.

• GREAT LAKES DREDGE & DOCK CO demonstrates a strong Return on Equity(ROE) of 13.89%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. GREAT LAKES DREDGE & DOCK CO shows promising potential for continued success.
• With a track record of beating EPS estimates 3 times in the last 4 quarters, GREAT LAKES DREDGE & DOCK CO showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• With notable 1-year revenue growth of 33.73%, GREAT LAKES DREDGE & DOCK CO exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• The recent q2q revenue growth of 63.14% of GREAT LAKES DREDGE & DOCK CO showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• With positive growth in its operating margin over the past year, GREAT LAKES DREDGE & DOCK CO showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• With positive growth in its free cash flow (FCF) over the past year, GREAT LAKES DREDGE & DOCK CO showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• The recent financial report of GREAT LAKES DREDGE & DOCK CO demonstrates a 244.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• GREAT LAKES DREDGE & DOCK CO has seen a 8.33% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• In the most recent financial report, GREAT LAKES DREDGE & DOCK CO reported a 244.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The earnings per share (EPS) growth of GREAT LAKES DREDGE & DOCK CO are accelerating: the current Q2Q growth of 244.0% is above the previous year Q2Q growth of 40.0%. Earnings momentum and acceleration are key for high growth systems.

Fundamental Analysis Observations

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Taking everything into account, GLDD scores 4 out of 10 in our fundamental rating. GLDD was compared to 45 industry peers in the Construction & Engineering industry. There are concerns on the financial health of GLDD while its profitability can be described as average. GLDD has a decent growth rate and is not valued too expensively.

For an up to date full fundamental analysis you can check the fundamental report of GLDD

Our Lois Navellier screen will find you more ideas suited for growth investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.