Delving into NASDAQ:GLDD's Growth Prospects.

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.

Exploring Why NASDAQ:GLDD Holds Promise for Growth Investors.

• 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.
• With impressive 1-year revenue growth of 33.73%, GREAT LAKES DREDGE & DOCK CO showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• GREAT LAKES DREDGE & DOCK CO has demonstrated strong q2q revenue growth of 63.14%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• GREAT LAKES DREDGE & DOCK CO has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• 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 quarterly earnings of GREAT LAKES DREDGE & DOCK CO have shown a 244.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• Analysts' average next Quarter EPS Estimate for GREAT LAKES DREDGE & DOCK CO has witnessed a 8.33% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The quarterly earnings of GREAT LAKES DREDGE & DOCK CO have shown a 244.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• GREAT LAKES DREDGE & DOCK CO shows accelerating EPS growth: when comparing the current Q2Q growth of 244.0% to the previous year Q2Q growth of 40.0%, we see the growth rate improving.

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

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

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 is not valued too expensively and it also shows a decent growth rate.

Check the latest full fundamental report of GLDD for a complete fundamental analysis.

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

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.