Great Lakes Dredge Stock Performance
| GLDD Stock | USD 7.63 0.24 3.25% |
The company retains a Market Volatility (i.e., Beta) of 2.85, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Great Lakes will likely underperform. Great Lakes Dredge has an expected return of -8.0E-4%. Please make sure to check out Great Lakes maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Great Lakes Dredge performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Great Lakes Dredge has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Great Lakes is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return (2.23) | Five Day Return 1.5 | Year To Date Return (2.10) | Ten Year Return (15.61) | All Time Return 15.66 |
Dividend Date 2012-12-28 | Ex Dividend Date 2012-12-19 |
1 | Great Lakes Dredge Dock Stock Jumps 17 percent After 4Q Results | 02/14/2024 |
2 | ELCO Management Co. LLC Invests 159,000 in Great Lakes Dredge Dock Co. | 03/04/2024 |
3 | Disposition of 612 shares by Eleni Beyko of Great Lakes at 8.7 subject to Rule 16b-3 | 03/05/2024 |
4 | Great Lakes Dredge Dock Co. Shares Bought by GSA Capital Partners LLP | 03/07/2024 |
5 | Zacks Industry Outlook Highlights EMCOR, MasTec, Dycom Industries, Great Lakes Dredge Dock and Orion | 03/12/2024 |
6 | Acquisition by Lawrence Dickerson of 5630 shares of Great Lakes subject to Rule 16b-3 | 03/14/2024 |
7 | Disposition of 544 shares by Ryan Bayer of Great Lakes at 8.62 subject to Rule 16b-3 | 03/15/2024 |
8 | Acquisition by David Johanson of 6898 shares of Great Lakes subject to Rule 16b-3 | 03/19/2024 |
9 | Wellington Management Group LLP Increases Stake in Great Lakes Dredge Dock Co. - MarketBeat | 03/27/2024 |
10 | Disposition of 26997 shares by Lasse Petterson of Great Lakes at 8.62 subject to Rule 16b-3 | 03/28/2024 |
11 | Acquisition by William Hanson of 12681 shares of Great Lakes subject to Rule 16b-3 | 04/04/2024 |
12 | What Drove Great Lakes Dredge Dock Stock in Early 2024 | 04/11/2024 |
13 | Investors in Great Lakes Dredge Dock have unfortunately lost 53 percent over the last three years | 04/22/2024 |
| Begin Period Cash Flow | 6.5 M |
Great |
Great Lakes Relative Risk vs. Return Landscape
If you would invest 789.00 in Great Lakes Dredge on January 25, 2024 and sell it today you would lose (26.00) from holding Great Lakes Dredge or give up 3.3% of portfolio value over 90 days. Great Lakes Dredge is currently does not generate positive expected returns and assumes 3.3355% risk (volatility on return distribution) over the 90 days horizon. In different words, 29% of stocks are less volatile than Great, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Great Lakes Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great Lakes' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Great Lakes Dredge, and traders can use it to determine the average amount a Great Lakes' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -2.0E-4
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GLDD |
Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Great Lakes is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Great Lakes by adding Great Lakes to a well-diversified portfolio.
Great Lakes Fundamentals Growth
Great Stock prices reflect investors' perceptions of the future prospects and financial health of Great Lakes, and Great Lakes fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Great Stock performance.
| Return On Equity | 0.0369 | ||||
| Return On Asset | 0.0109 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 975.38 M | ||||
| Shares Outstanding | 66.74 M | ||||
| Price To Earning | 11.73 X | ||||
| Price To Book | 1.38 X | ||||
| Price To Sales | 0.90 X | ||||
| Revenue | 589.62 M | ||||
| Gross Profit | 31.17 M | ||||
| EBITDA | 62.05 M | ||||
| Net Income | 13.91 M | ||||
| Cash And Equivalents | 75.42 M | ||||
| Cash Per Share | 1.14 X | ||||
| Total Debt | 505.87 M | ||||
| Debt To Equity | 0.97 % | ||||
| Current Ratio | 2.00 X | ||||
| Book Value Per Share | 5.79 X | ||||
| Cash Flow From Operations | 47.42 M | ||||
| Earnings Per Share | 0.21 X | ||||
| Market Capitalization | 509.2 M | ||||
| Total Asset | 1.16 B | ||||
| Retained Earnings | 70.22 M | ||||
| Working Capital | 46.88 M | ||||
| Current Asset | 329.73 M | ||||
| Current Liabilities | 205.69 M | ||||
About Great Lakes Performance
To evaluate Great Lakes Dredge Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Great Lakes generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Great Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Great Lakes Dredge market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Great's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 24.13 | 22.08 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.04 | 0.04 |
Things to note about Great Lakes Dredge performance evaluation
Checking the ongoing alerts about Great Lakes for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Great Lakes Dredge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Great Lakes Dredge generated a negative expected return over the last 90 days | |
| Great Lakes Dredge has high historical volatility and very poor performance | |
| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Investors in Great Lakes Dredge Dock have unfortunately lost 53 percent over the last three years |
- Analyzing Great Lakes' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Great Lakes' stock is overvalued or undervalued compared to its peers.
- Examining Great Lakes' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Great Lakes' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Great Lakes' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Great Lakes' stock. These opinions can provide insight into Great Lakes' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Great Lakes Dredge information on this page should be used as a complementary analysis to other Great Lakes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Great Stock analysis
When running Great Lakes' price analysis, check to measure Great Lakes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Great Lakes is operating at the current time. Most of Great Lakes' value examination focuses on studying past and present price action to predict the probability of Great Lakes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Lakes' price. Additionally, you may evaluate how the addition of Great Lakes to your portfolios can decrease your overall portfolio volatility.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Great Lakes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Great Lakes. If investors know Great will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Great Lakes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.292 | Earnings Share 0.21 | Revenue Per Share 8.871 | Quarterly Revenue Growth 0.239 | Return On Assets 0.0109 |
The market value of Great Lakes Dredge is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Lakes' value that differs from its market value or its book value, called intrinsic value, which is Great Lakes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Great Lakes' market value can be influenced by many factors that don't directly affect Great Lakes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Great Lakes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Lakes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Lakes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.