Great Lakes Dredge & Dock (GLDD) Receives News Sentiment Score of 0.35

News coverage about Great Lakes Dredge & Dock (NASDAQ:GLDD) has trended positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Great Lakes Dredge & Dock earned a news sentiment score of 0.35 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 45.8088471127689 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of equities analysts have recently commented on GLDD shares. Noble Financial started coverage on shares of Great Lakes Dredge & Dock in a report on Thursday, January 25th. They issued a “buy” rating and a $7.50 price target on the stock. BidaskClub raised shares of Great Lakes Dredge & Dock from a “sell” rating to a “hold” rating in a report on Saturday, March 10th. Zacks Investment Research raised shares of Great Lakes Dredge & Dock from a “sell” rating to a “hold” rating in a report on Friday, March 9th. Finally, Cantor Fitzgerald reissued a “hold” rating on shares of Great Lakes Dredge & Dock in a report on Sunday, December 31st. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $7.00.

How to Become a New Pot Stock Millionaire

Shares of GLDD stock traded down $0.10 during trading hours on Friday, hitting $4.35. 235,918 shares of the stock were exchanged, compared to its average volume of 182,923. The company has a market cap of $274.73, a price-to-earnings ratio of -8.53 and a beta of 0.65. Great Lakes Dredge & Dock has a 1 year low of $3.60 and a 1 year high of $5.70. The company has a quick ratio of 1.51, a current ratio of 1.75 and a debt-to-equity ratio of 1.93.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last issued its quarterly earnings results on Tuesday, February 20th. The construction company reported ($0.12) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.06. Great Lakes Dredge & Dock had a negative net margin of 4.45% and a negative return on equity of 6.64%. The firm had revenue of $191.70 million for the quarter, compared to analyst estimates of $181.90 million. During the same quarter in the prior year, the firm earned ($0.11) EPS. The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. research analysts forecast that Great Lakes Dredge & Dock will post -0.15 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was first reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://www.tickerreport.com/banking-finance/3296194/great-lakes-dredge-dock-gldd-receives-news-sentiment-score-of-0-35.html.

About Great Lakes Dredge & Dock

Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company provides dredging services in the East, West and Gulf Coasts of the United States and around the world. It operates in two segments: Dredging Operations, which involves enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock, and Environmental & Remediation Operations, which provides construction services on soil, water and sediment for clients in both the public and private sectors.

Insider Buying and Selling by Quarter for Great Lakes Dredge & Dock (NASDAQ:GLDD)

Receive News & Ratings for Great Lakes Dredge & Dock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Lakes Dredge & Dock and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Urban Edge Properties  Share Price
Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Urban Edge Properties Share Price
Axon  Receives Daily Media Impact Score of 0.29
Axon Receives Daily Media Impact Score of 0.29
Altra Industrial Motion  to Release Quarterly Earnings on Friday
Altra Industrial Motion to Release Quarterly Earnings on Friday
Avista  Scheduled to Post Earnings on Wednesday
Avista Scheduled to Post Earnings on Wednesday
Matador Resources  to Release Earnings on Wednesday
Matador Resources to Release Earnings on Wednesday
iShares Emerging Markets High Yield Bond ETF  Shares Bought by Bank of New York Mellon Corp
iShares Emerging Markets High Yield Bond ETF Shares Bought by Bank of New York Mellon Corp


© 2006-2018 Ticker Report. Google+.