Why GREAT LAKES DREDGE & DOCK CO (NASDAQ:GLDD) qualifies as a high growth stock.

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.

A Deep Dive into GREAT LAKES DREDGE & DOCK CO's Growth Metrics.

• The Return on Equity (ROE) of GREAT LAKES DREDGE & DOCK CO stands at 13.89%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• GREAT LAKES DREDGE & DOCK CO has exceeded EPS estimates 3 times in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• The 1-year revenue growth of GREAT LAKES DREDGE & DOCK CO (33.73%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• GREAT LAKES DREDGE & DOCK CO has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 63.14%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• GREAT LAKES DREDGE & DOCK CO has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• With a favorable trend in its free cash flow (FCF) over the past year, GREAT LAKES DREDGE & DOCK CO demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• The earnings per share (EPS) of GREAT LAKES DREDGE & DOCK CO have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 244.0% increase. This reflects the company's ability to improve its profitability over time.
• The average next Quarter EPS Estimate for GREAT LAKES DREDGE & DOCK CO has experienced a 8.33% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• 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.

What is the full fundamental picture of NASDAQ:GLDD telling us.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

GLDD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 44 industry peers in the Construction & Engineering industry. GLDD has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

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.