Why the growth investor may take a look at GREAT LAKES DREDGE & DOCK CO (NASDAQ:GLDD).

In this article we will dive into GREAT LAKES DREDGE & DOCK CO (NASDAQ:GLDD) as a possible candidate for growth investing. Investors should always do their own research, but we noticed GREAT LAKES DREDGE & DOCK CO showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Looking into the growth metrics of GREAT LAKES DREDGE & DOCK CO

• GREAT LAKES DREDGE & DOCK CO exhibits a strong Return on Equity (ROE) of 13.89%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• 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.
• The operating margin of GREAT LAKES DREDGE & DOCK CO has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• GREAT LAKES DREDGE & DOCK CO has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• GREAT LAKES DREDGE & DOCK CO has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 244.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• Analysts' average next Quarter EPS Estimate for GREAT LAKES DREDGE & DOCK CO has witnessed a 4.6% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• 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 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 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.

GLDD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 49 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.

Our latest full fundamental report of GLDD contains the most current fundamental analsysis.

More growth stocks can be found in our Lois Navellier screen.

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.