La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Great Lakes Dredge & Dock a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Great Lakes Dredge & Dock..

Great Lakes Dredge & Dock (NASDAQ:GLDD) Azioni, Catena delle Opzioni

Great Lakes Dredge & Dock

Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. The Company is also fully engaged in expanding its core business into the offshore energy industry. Dredging involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Company work generally is to performed in coastal waterways and deep water ports. Its project portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.

Long Ideas

News

Pre-Market Outlook

Markets

Trading Ideas

GLDD

Questi 2 titoli mostrano segnali di recupero grazie a valutazioni interessanti e dinamiche di mercato favorevoli per il breve termine.

Titoli industriali: quali azioni hanno il maggiore potenziale di recupero?

Great Lakes Dredge & Dock Corporation - Common Stock

Great Lakes Dredge & Dock Corp

<h3>Gainers</h3>
<ul>
<li>Greenland Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTEC#NASDAQ">GTEC</a>) stock moved upwards by 86.2% to $2.44 during Thursday's pre-market session. The market value of their outstanding shares is at $33.1 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Hyperscale Data (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GPUS#AMEX">GPUS</a>) stock moved upwards by 18.29% to $2.96. The company's market cap stands at $3.2 million. </li>
<li>Graphjet Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTI#NASDAQ">GTI</a>) shares increased by 15.54% to $0.12. The market value of their outstanding shares is at $18.2 million. </li>
<li>GrafTech International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAF#NYSE">EAF</a>) shares rose 14.28% to $1.19. The company's market cap stands at $305.7 million. </li>
<li>Steelcase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCS#NYSE">SCS</a>) stock rose 12.35% to $11.91. The company's market cap stands at $1.3 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Galaxy Payroll Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLXG#NASDAQ">GLXG</a>) shares rose 10.9% to $0.79. The market value of their outstanding shares is at $14.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>ConnectM Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNTM#NASDAQ">CNTM</a>) stock declined by 8.4% to $0.57 during Thursday's pre-market session. The market value of their outstanding shares is at $16.4 million. </li>
<li>Linkers Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNKS#NASDAQ">LNKS</a>) shares decreased by 6.8% to $0.6. The market value of their outstanding shares is at $8.0 million. </li>
<li>Babcock &amp; Wilcox Enterprises, Inc. 8.125% Senior Notes due 2026 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWSN#NYSE">BWSN</a>) shares decreased by 6.28% to $20.1. </li>
<li>Great Lakes Dredge &amp; Dock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) stock fell 6.14% to $8.42. The company's market cap stands at $566.5 million. </li>
<li>Primega Group Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGHL#NASDAQ">PGHL</a>) stock declined by 6.02% to $0.55. The market value of their outstanding shares is at $14.4 million. </li>
<li>Expion360 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XPON#NASDAQ">XPON</a>) stock declined by 5.89% to $0.96. The company's market cap stands at $3.0 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

Babcock & Wilcox Enterprises, Inc. 8.125% Senior Notes due 2026

BWSN

CNTM

GLXG

GPUS

GTEC

LNKS

PGHL

XPON

12 Industrials Stocks Moving In Thursday's Pre-Market Session

WIIM

Great Lakes Dredges & Dock shares are trading higher after the company announced a $50 million repurchase program.

Great Lakes Dredge &amp; Dock Corporation ("Great Lakes" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>), the largest provider of dredging services in the United States, today announced that its Board of Directors has authorized a share repurchase program pursuant to which the Company may repurchase up to $50 million of its common stock.

Buybacks

Great Lakes Announces $50M Share Repurchase Program

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Great Lakes Dredge &amp; Dock Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>)</h3>
<ul>
<li>On Feb. 18, Great Lakes Dredge &amp; Dock posted weaker-than-expected quarterly sales. Lasse Petterson, President and Chief Executive Officer, said, &#8220;Great Lakes had an outstanding 2024, with strong project performance and exceptional financial results. We capped off the year with another strong quarter and ended 2024 with revenue of $762.7 million, net income of $57.3 million, and Adjusted EBITDA of $136.0 million, the latter two metrics being the second-highest in Great Lakes&#8217; history." The company's stock fell around 25% over the past five days and has a <a href="https://www.benzinga.com/quote/GLDD">52-week low of $6.56</a>.</li>
<li>RSI Value: 24.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>GLDD Price Action: Shares of Great Lakes Dredge &amp; Dock fell 3.1% to close at $8.42 on Friday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent022425&amp;t=be2bearmibe3na1">GLDD news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent022425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="838" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/23133749/image-186.png" alt="" class="wp-image-794301" style="width:634px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/23133749/image-186.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/23133749/image-186-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/23133749/image-186-768x710.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">FTI Consulting Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCN#NYSE">FCN</a>)&nbsp;</h3>
<ul>
<li>On Feb. 20, FTI Consulting reported worse-than-expected fourth-quarter financial results and issued FY25 guidance below estimates. Steven H. Gunby, President and Chief Executive Officer of FTI Consulting, commented, &#8220;Though a number of headwinds that we saw towards the end of 2024 resulted in second half performance that was below our expectations, we are pleased that, in aggregate, 2024 was yet another year of record revenues and earnings per share. Notwithstanding those headwinds, many of which we expect to persist into 2025, we continue to feel confident in the powerful multiyear growth trajectory that we are on.&#8221; The company's stock fell around 14% over the past five days and <a href="https://www.benzinga.com/quote/FCN">has a 52-week low</a> of $161.24.</li>
<li>RSI Value: 22.2</li>
<li>FCN Price Action: Shares of FTI Consulting gained 1% to close at $164.69 on Friday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent022425&amp;t=be2bearmibe3na1">FCN stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent022425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="902" height="817" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/23133828/image-187.png" alt="" class="wp-image-794302" style="width:542px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/23133828/image-187.png 902w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/23133828/image-187-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/23133828/image-187-768x696.png 768w" sizes="(max-width: 902px) 100vw, 902px" /></a></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/02/43891623/top-2-health-care-stocks-that-may-rocket-higher-this-month">Top 2 Health Care Stocks That May Rocket Higher This Month</a></li>
</ul>

Top 2 Industrials Stocks That Are Set To Fly This Quarter

Great Lakes Dredge & Dock shares are trading lower following a Q4 revenue miss.

Great Lakes Dredge &amp; Dock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.23 by 26.09 percent. The company reported quarterly sales of $202.774 million which missed the analyst consensus estimate of $209.025 million by 2.99 percent. This is a 11.58 percent increase over sales of $181.729 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Great Lakes Dredge & Dock Q4 2024 GAAP EPS $0.29 Beats $0.23 Estimate, Sales $202.774M Miss $209.025M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Sohu.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) is estimated to report earnings for its fourth quarter. 
• Expeditors Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPD#NYSE">EXPD</a>) is projected to report quarterly earnings at $1.44 per share on revenue of $2.81 billion. 
• Franklin Electric (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FELE#NASDAQ">FELE</a>) is expected to report quarterly earnings at $0.66 per share on revenue of $465.87 million. 
• Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) is estimated to report quarterly earnings at $3.62 per share on revenue of $1.01 billion. 
• GeneDx Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>) is projected to report quarterly earnings at $0.10 per share on revenue of $82.24 million. 
• Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) is projected to report quarterly earnings at $2.19 per share on revenue of $1.67 billion. 
• Hillman Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLMN#NASDAQ">HLMN</a>) is projected to report quarterly earnings at $0.11 per share on revenue of $350.45 million. 
• Vulcan Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMC#NYSE">VMC</a>) is estimated to report quarterly earnings at $1.75 per share on revenue of $1.81 billion. 
• NeoGenomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEO#NASDAQ">NEO</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $173.40 million. 
• Donnelley Financial Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFIN#NYSE">DFIN</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $169.20 million. 
• Axsome Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXSM#NASDAQ">AXSM</a>) is projected to report quarterly loss at $0.99 per share on revenue of $117.83 million. 
• Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is estimated to report quarterly earnings at $1.55 per share on revenue of $5.71 billion. 
• Visteon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VC#NASDAQ">VC</a>) is likely to report quarterly earnings at $1.97 per share on revenue of $954.17 million. 
• Chemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CC#NYSE">CC</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $1.37 billion. 
• Sapiens Intl Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPNS#NASDAQ">SPNS</a>) is likely to report quarterly earnings at $0.36 per share on revenue of $135.89 million. 
• Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) is likely to report quarterly earnings at $0.77 per share on revenue of $4.42 billion. 
• Allegion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>) is expected to report quarterly earnings at $1.75 per share on revenue of $938.91 million. 
• iQIYI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $909.96 million. 
• Entergy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $3.17 billion. 
• Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) is expected to report quarterly earnings at $1.78 per share on revenue of $4.56 billion. 
• Great Lakes Dredge &amp; Dock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) is likely to report quarterly earnings at $0.23 per share on revenue of $211.20 million. 
• Blackbaud (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLKB#NASDAQ">BLKB</a>) is likely to report quarterly earnings at $1.07 per share on revenue of $303.41 million. 
• Waystar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAY#NASDAQ">WAY</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $232.29 million. 
• Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) is expected to report quarterly earnings at $1.29 per share on revenue of $1.22 billion. 
• Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) is projected to report quarterly earnings at $1.36 per share on revenue of $8.33 billion. 
<h3>Companies Reporting After The Bell</h3>
• James Hardie Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHX#NYSE">JHX</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $960.80 million. 
• RB Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBA#NYSE">RBA</a>) is projected to report quarterly earnings at $0.79 per share on revenue of $1.06 billion. 
• Mobix Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOBX#NASDAQ">MOBX</a>) is expected to report earnings for its first quarter. 
• Safe Bulkers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SB#NYSE">SB</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $71.90 million. 
• ReNew Energy Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNW#NASDAQ">RNW</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $264.79 million. 
• Select Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTTR#NYSE">WTTR</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $338.92 million. 
• Tactile Systems Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCMD#NASDAQ">TCMD</a>) is expected to report quarterly earnings at $0.28 per share on revenue of $85.39 million. 
• TPG RE Finance Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRTX#NYSE">TRTX</a>) is projected to report quarterly earnings at $0.26 per share on revenue of $27.98 million. 
• SiriusPoint (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPNT#NYSE">SPNT</a>) is likely to report earnings for its fourth quarter. 
• Star Bulk Carriers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBLK#NASDAQ">SBLK</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $238.48 million. 
• TrueCar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUE#NASDAQ">TRUE</a>) is expected to report quarterly loss at $0.02 per share on revenue of $47.30 million. 
• BlueLinx Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXC#NYSE">BXC</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $700.66 million. 
• Compass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COMP#NYSE">COMP</a>) is projected to report quarterly loss at $0.03 per share on revenue of $1.29 billion. 
• Medifast (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MED#NYSE">MED</a>) is projected to report quarterly loss at $0.16 per share on revenue of $114.25 million. 
• Community Health Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>) is projected to report quarterly loss at $0.05 per share on revenue of $3.14 billion. 
• Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) is expected to report quarterly loss at $0.24 per share on revenue of $781.68 million. 
• Perdoceo Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRDO#NASDAQ">PRDO</a>) is estimated to report quarterly earnings at $0.48 per share on revenue of $160.12 million. 
• Iamgold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) is likely to report earnings for its fourth quarter. 
• La-Z-Boy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZB#NYSE">LZB</a>) is estimated to report quarterly earnings at $0.67 per share on revenue of $516.47 million. 
• CVR Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAN#NYSE">UAN</a>) is likely to report earnings for its fourth quarter. 
• CVR Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVI#NYSE">CVI</a>) is likely to report quarterly loss at $0.35 per share on revenue of $1.93 billion. 
• Halozyme Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HALO#NASDAQ">HALO</a>) is likely to report quarterly earnings at $1.17 per share on revenue of $286.07 million. 
• Sonoco Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SON#NYSE">SON</a>) is likely to report quarterly earnings at $1.22 per share on revenue of $1.65 billion. 
• CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $701.59 million. 
• Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $123.21 million. 
• Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) is estimated to report quarterly earnings at $1.01 per share on revenue of $128.50 million. 
• Arteris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIP#NASDAQ">AIP</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $15.18 million. 
• Unisys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UIS#NYSE">UIS</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $550.93 million. 
• Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) is expected to report quarterly earnings at $2.05 per share on revenue of $1.91 billion. 
• XP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) is estimated to report quarterly earnings at $0.40 per share on revenue of $828.34 million. 
• Element Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESI#NYSE">ESI</a>) is likely to report quarterly earnings at $0.35 per share on revenue of $600.32 million. 
• Quad/Graphics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QUAD#NYSE">QUAD</a>) is projected to report quarterly earnings at $0.38 per share on revenue of $726.70 million. 
• Bumble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) is estimated to report quarterly earnings at $0.31 per share on revenue of $260.00 million. 
• Center (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSR#NYSE">CSR</a>) is estimated to report quarterly earnings at $1.19 per share on revenue of $65.70 million. 
• Flowserve (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLS#NYSE">FLS</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $1.21 billion. 
• Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $12.00 million. 
• Intl Flavors &amp; Fragrances (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IFF#NYSE">IFF</a>) is likely to report quarterly earnings at $0.84 per share on revenue of $2.69 billion. 
• SSR Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $244.25 million. 
• BrightSpire Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRSP#NYSE">BRSP</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $48.20 million. 
• Corporacion Inmobiliaria (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTMX#NYSE">VTMX</a>) is likely to report earnings for its fourth quarter. 
• Hackett Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCKT#NASDAQ">HCKT</a>) is expected to report quarterly earnings at $0.41 per share on revenue of $75.64 million. 
• Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) is projected to report quarterly earnings at $0.57 per share on revenue of $1.90 billion. 
• Penumbra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEN#NYSE">PEN</a>) is expected to report quarterly earnings at $0.90 per share on revenue of $311.52 million. 
• JBG SMITH Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBGS#NYSE">JBGS</a>) is projected to report earnings for its fourth quarter. 
• Seven Hills Realty Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEVN#NASDAQ">SEVN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $8.31 million. 
• Industrial Logistics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILPT#NASDAQ">ILPT</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $110.30 million. 
• Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) is estimated to report quarterly earnings at $1.84 per share on revenue of $999.09 million. 
• Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) is projected to report quarterly earnings at $0.74 per share on revenue of $7.04 billion. 
• Community Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHCT#NYSE">CHCT</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $29.90 million. 
• Adeia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADEA#NASDAQ">ADEA</a>) is estimated to report quarterly earnings at $0.42 per share on revenue of $113.93 million. 
• Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHB#NASDAQ">RUSHB</a>) is expected to report earnings for its fourth quarter. 
• Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHA#NASDAQ">RUSHA</a>) is projected to report quarterly earnings at $0.83 per share on revenue of $1.86 billion. 
• Shift4 Payments (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOUR#NYSE">FOUR</a>) is expected to report quarterly earnings at $1.20 per share on revenue of $997.44 million. 
• Ingevity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGVT#NYSE">NGVT</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $315.20 million. 
• Celanese (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) is estimated to report quarterly earnings at $1.25 per share on revenue of $2.39 billion. 
• MasterBrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MBC#NYSE">MBC</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $722.85 million. 
• Gladstone Commercial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOD#NASDAQ">GOOD</a>) is estimated to report quarterly earnings at $0.36 per share on revenue of $38.20 million. 
• EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $1.82 billion. 
• Comstock Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRK#NYSE">CRK</a>) is likely to report quarterly earnings at $0.03 per share on revenue of $378.74 million. 
• Genworth Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNW#NYSE">GNW</a>) is likely to report earnings for its fourth quarter. 
• Innospec (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOSP#NASDAQ">IOSP</a>) is estimated to report quarterly earnings at $1.37 per share on revenue of $447.40 million. 
• Magnolia Oil &amp; Gas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGY#NYSE">MGY</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $330.88 million. 
• Sasol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSL#NYSE">SSL</a>) is expected to report earnings for its fourth quarter. 
• Sandstorm Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAND#NYSE">SAND</a>) is expected to report earnings for its fourth quarter. 
• Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) is expected to report quarterly earnings at $1.31 per share on revenue of $4.30 billion. 
• Cadence Design Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) is estimated to report quarterly earnings at $1.83 per share on revenue of $1.35 billion. 
• Ternium (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TX#NYSE">TX</a>) is projected to report quarterly earnings at $1.28 per share on revenue of $4.49 billion. 
• Andersons (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANDE#NASDAQ">ANDE</a>) is likely to report quarterly earnings at $0.94 per share on revenue of $2.73 billion. 
• Liberty Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBTYA#NASDAQ">LBTYA</a>) is likely to report quarterly loss at $0.96 per share on revenue of $1.95 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ADEA

ALLE

ANDE

ANET

AXSM

BELFA

BELFB

BIDU

BLKB

BMBL

BRSP

CDNS

CHCT

COMP

CSGP

DFIN

EXPD

FELE

FOUR

GOOD

HALO

HCKT

HLMN

ILPT

IOSP

JBGS

LBTYA

Citigroup Financial 300% Minupon Princ Protected Nts for Russell 2000 Index

MOBX

MTDR

NGVT

PRDO

QUAD

RUSHA

RUSHB

SAND

SBLK

SEVN

SMLR

SOHU

SPNS

SPNT

SSRM

TCMD

TRTX

TRUE

VTMX

WTTR

Earnings Scheduled For February 18, 2025

Contracts

Great Lakes Announces $182M In Awarded Work

Great Lakes Dredge &amp; Dock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.18 by 27.78 percent. The company reported quarterly sales of $191.173 million which beat the analyst consensus estimate of $184.100 million by 3.84 percent. This is a 63.14 percent increase over sales of $117.185 million the same period last year.

Great Lakes Dredge & Dock Q3 2024 GAAP EPS $0.13 Misses $0.18 Estimate, Sales $191.173M Beat $184.100M Estimate

Great Lakes Dredge &amp; Dock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-11-05. Here's what investors need to know before the announcement.
Analysts estimate that Great Lakes Dredge &amp; Dock will report an earnings per share (EPS) of $0.18. 
Anticipation surrounds Great Lakes Dredge &amp; Dock's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Past Earnings Performance</h3>
In the previous earnings release, the company beat EPS by $0.09, leading to a 0.23% increase in the share price the following trading session.
Here's a look at Great Lakes Dredge &amp; Dock's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.02</td>
<td>0.07</td>
<td>0.10</td>
<td>-0.11</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.11</td>
<td>0.31</td>
<td>0.26</td>
<td>-0.09</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.0%</td>
<td>5.0%</td>
<td>0.0%</td>
<td>-4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730750541_0.png" alt="eps graph" />
<h3>Market Performance of Great Lakes Dredge &amp; Dock's Stock</h3>
Shares of Great Lakes Dredge &amp; Dock were trading at $11.69 as of November 01. Over the last 52-week period, shares are up 79.94%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analyst Insights on Great Lakes Dredge &amp; Dock</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Great Lakes Dredge &amp; Dock.
The consensus rating for Great Lakes Dredge &amp; Dock is Outperform, based on 1 analyst ratings. With an average one-year price target of $14.0, there's a potential 19.76% upside.
<h3>Peer Ratings Overview</h3>
The below comparison of the analyst ratings and average 1-year price targets of Limbach Holdings, Northwest Pipe and Tutor Perini, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>For Limbach Holdings, analysts project an Buy trajectory, with an average 1-year price target of $80.0, indicating a potential 584.35% upside.</li>
<li>The consensus outlook from analysts is an Neutral trajectory for Northwest Pipe, with an average 1-year price target of $50.0, indicating a potential 327.72% upside.</li>
<li>For Tutor Perini, analysts project an Buy trajectory, with an average 1-year price target of $39.0, indicating a potential 233.62% upside.</li>
</ul>
<h3>Peer Analysis Summary</h3>
The peer analysis summary outlines pivotal metrics for Limbach Holdings, Northwest Pipe and Tutor Perini, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Great Lakes Dredge &amp; Dock</td>
<td>Outperform</td>
<td>28.21%</td>
<td>$29.84M</td>
<td>1.86%</td>
</tr>
<tr>
<td>Limbach Holdings</td>
<td>Buy</td>
<td>-2.12%</td>
<td>$33.51M</td>
<td>4.61%</td>
</tr>
<tr>
<td>Northwest Pipe</td>
<td>Neutral</td>
<td>11.29%</td>
<td>$25.81M</td>
<td>2.48%</td>
</tr>
<tr>
<td>Tutor Perini</td>
<td>Buy</td>
<td>10.35%</td>
<td>$117.08M</td>
<td>0.06%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Great Lakes Dredge &amp; Dock ranks highest in Revenue Growth among its peers. It has the lowest Gross Profit margin. The company's Return on Equity is the second lowest. Overall, Great Lakes Dredge &amp; Dock is positioned in the middle compared to its peers in terms of financial performance metrics.
<h3>Discovering Great Lakes Dredge &amp; Dock: A Closer Look</h3>
Great Lakes Dredge &amp; Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Its project portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.
<h3>Great Lakes Dredge &amp; Dock's Financial Performance</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Great Lakes Dredge &amp; Dock showcased positive performance, achieving a revenue growth rate of 28.21% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Great Lakes Dredge &amp; Dock's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 4.51%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Great Lakes Dredge &amp; Dock's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.86%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Great Lakes Dredge &amp; Dock's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.69%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Great Lakes Dredge &amp; Dock's debt-to-equity ratio surpasses industry norms, standing at 1.17. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<a href="https://www.benzinga.com/quote/GLDD/earnings">To track all earnings releases for Great Lakes Dredge &amp; Dock visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse of Great Lakes Dredge & Dock's Earnings Potential

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 100 points on Wednesday.
The Dow traded up 0.24% to 42,256.16 while the NASDAQ rose 0.27% to 17,958.08. The S&amp;P 500 also rose, gaining, 0.16% to 5,717.63.
Leading and Lagging Sectors Information technology shares jumped by 0.9% on Wednesday.
In trading on Wednesday, real estate shares dipped by 0.9%.
Top Headline
NIKE, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) reported mixed first-quarter results on Tuesday.
The company reported first-quarter revenue of $11.59 billion, missing analyst estimates of $11.65 billion. The athletic footwear and apparel company reported first-quarter earnings of 70 cents per share, beating analyst estimates of 52 cents per share.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Joby Aviation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) shares shot up 20% to $5.74 after the company announced that Toyota will invest an additional $500 million to support the certification and commercial production of the electric air taxi.</li>
<li>Shares of Great Lakes Dredge &amp; Dock Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) got a boost, surging 10% to $11.77 after the company announced the receipt of several dredging awards totaling $342.3 million.</li>
<li>MMTec, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) shares were also up, gaining 38% to $0.6480. Shares of US-listed Chinese stocks traded higher on continued strength following recent stimulus measures and the start of the National Day Golden Week.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) shares dropped 18% to $230.39 after the company provided update on decline in Stars performance for 2025 and how it will impact quality bonus payments in 2026.</li>
<li>Shares of Eagle Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGRX#NASDAQ">EGRX</a>) were down 36% to $2.28 after the company announced it will be delisted from the Nasdaq.</li>
<li>Aditxt Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTX#NASDAQ">ADTX</a>) was down, falling 31% to $3.05. Aditxt recently announced a 1-for-40 reverse stock split.</li>
</ul>
Commodities In commodity news, oil traded up 0.6% to $70.22 while gold traded down 0.8% at $2,669.60.
Silver traded up 1% to $32.03 on Wednesday, while copper rose 1% to $4.6350.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.01%, Germany's DAX fell 0.38% and France's CAC 40 fell 0.09%. Spain's IBEX 35 Index fell 0.65%, while London's FTSE 100 gained 0.14%.
The unemployment rate in the Eurozone came in unchanged from the previous month at 6.4% in August.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 dipping 2.18% and Hong Kong's Hang Seng Index jumping 6.20%.
Economics
<ul>
<li>Private businesses in the U.S. added 143,000 workers to their payrolls during the month of September compared to a revised 103,000 gain in August and higher than market estimates of 124,000, the ADP said.</li>
<li>The EIA said crude oil inventories in the U.S. climbed by 3.889 million barrels for the week ended Sept. 27, versus market estimates of a 1.3 million decline.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41141190/nike-to-100-here-are-10-top-analyst-forecasts-for-wednesday">Nike To $100? Here Are 10 Top Analyst Forecasts For Wednesday</a></li>
</ul>

Equities

Eurozone

Commodities

Intraday Update

ADTX

EGRX

JOBY

Dow Gains 100 Points; Joby Aviation Shares Spike Higher

U.S. stocks were slightly higher, with the Dow Jones index gaining around 0.2% on Wednesday.
Shares of RPM International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) rose sharply during Monday's session after the company reported better-than-expected <a href="https://www.benzinga.com/quote/RPM/earnings">first-quarter adjusted EPS results</a>.
Sales declined 2.1% Y/Y to $1.97 billion, missing the consensus of $2.015 billion. Adjusted EPS was $1.84, beating the consensus of $1.75.
RPM shares jumped 7.2% to $128.71 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Kingsoft Cloud Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) gained 21.6% to $3.88.</li>
<li>UP Fintech Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>) gained 20% to $7.46. Shares of US-listed Chinese stocks traded higher on continued strength following recent stimulus measures and the start of the National Day Golden Week.</li>
<li>Joby Aviation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) gained 19.4% to $5.73 after the company announced that Toyota will invest an additional $500 million to support the certification and commercial production of the electric air taxi.</li>
<li>AMTD Digital Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HKD#NYSE">HKD</a>) climbed 17.1% to $3.7473.</li>
<li>Clover Health Investments, Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLOV#NASDAQ">CLOV</a>) gained 12% to $3.1113.</li>
<li>Talkspace, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TALK#NASDAQ">TALK</a>) surged 12% to $2.3650.</li>
<li>Oklo Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) climbed 10.7% to $9.52.</li>
<li>Great Lakes Dredge &amp; Dock Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) climbed 9.7% to $11.76 after the company announced the receipt of several dredging awards totaling $342.3 million.</li>
<li>Novavax, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) gained 9.3% to $13.47.</li>
<li>Ciena Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) rose 6.5% to $65.44. Ciena announced a $1 billion share repurchase authorization.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41141371/levi-strauss-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-">Levi Strauss Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a></li>
</ul>

CIEN

CLOV

NVAX

OKLO

TALK

TIGR

RPM International Posts Upbeat Earnings, Joins Joby Aviation, Ciena And Other Big Stocks Moving Higher On Wednesday

Great Lakes Dredge & Dock shares are trading higher after the company announced the receipt of several dredging awards totaling $342.3 million.

Great Lakes Announces $342.3 Million Receipt In Awarded Work

September has always been the worst month for the stock market. In early September, stocks gyrated as investors were concerned about a cooling U.S. economy. However, things have begun to improve following the Federal Reserve&#39;s half-point interest rate cut that restored faith in economic strength.&nbsp;
According to the Dow Jones Market Data, the S&amp;P 500, the Dow and the Nasdaq have gained more than 1% this month and are about to crush their dismal September run for the first time in five years. And since stocks are well-poised to diverge from a discouraging historical trend, it&#39;s prudent for astute investors to place their bets on breakout stocks that can take advantage of the stock market&#39;s largely broader upward movement.&nbsp;
To pick breakout stocks, investors should zero in on stocks whose prices vary within a narrow band. If the stock price falls below this channel, it could be the best time to sell it off. However, the best time to buy a stock per this strategy is when it is about to break above this trading band. Such stocks offer the prospect of impressive gains.
To that end, Bioventus Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bvs#NASDAQ">BVS</a>), Great Lakes Dredge &amp; Dock Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gldd#NASDAQ">GLDD</a>) and AxoGen, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/axgn#NASDAQ">AXGN</a>) have been selected as the breakout stocks for today.
<h2>Zeroing in on Breakout Stocks</h2>
To select the right breakout stock, one has to first calculate its support and resistance level. A support level is the lower bound for stock movements, while a resistance level refers to the maximum price it trades within a considerable period.
In other words, the demand for a stock is at its lowest at its support level, which means that most traders are willing to sell it. At the resistance level, most traders are willing to go long on the stock, meaning they would like to add it to their portfolio.&nbsp;
<h2>Has a Genuine Breakout Happened?</h2>
The primary risk associated with such a strategy is that the decision to buy an apparent breakout candidate has been incorrectly timed. When a stock moves above the resistance level, it should be a highly prized commodity for traders. However, whether such a breakout is genuine is another matter altogether.
For a bona fide breakout, the stock&#39;s earlier resistance barrier should become its new support level. This only happens if the trading channel that has been established is tested by observing long-term price trends. The strength of the support and resistance levels can be ascertained only through such a study. Despite the risk of misidentification, correctly identifying such stocks can yield considerable returns, even at a price that may not seem attractive at first glance.
<h2>Screening Criteria Using Research Wizard:</h2>
&bull; Percentage price change over four weeks between 10% and 20% (Stocks showing considerable price increases but whose gains are not excessive.)
&bull; Current Price /52-Week High greater than or equal to 0.9 (Stocks trading 90% close to their 52-week highs.)
&bull; Zacks Rank less than or equal to #2 (Only Strong Buy and Buy rated stocks can get through.)
No matter whether the market is good or bad, stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have a proven history of outperformance.
&bull; Beta for 60 months less than or equal to 2
(Stocks that move more than the broader market but within a reasonable limit.)
&bull; Current price less than or equal to $20 (Stocks reasonably priced.)
These criteria narrow the universe of more than 6,853 stocks to only 15. Here are the top three stocks:
<h2>Bioventus&nbsp;</h2>
Bioventus delivers clinically proven, cost-effective products that help people heal quickly and safely. BVS has an expected earnings growth rate of 1,900% for the current year. BVS currently has a Zacks Rank #1.
<h2>Great Lakes Dredge &amp; Dock&nbsp;</h2>
Great Lakes Dredge &amp; Dock is the largest provider of dredging services in the United States. GLDD has an expected earnings growth rate of 471.4% for the current year. GLDD currently has a Zacks Rank #2.
<h2>AxoGen&nbsp;</h2>
AxoGen engages in developing and marketing surgical solutions for peripheral nerves. AXGN has an expected earnings growth rate of 94.1% for the current year. AXGN currently has a Zacks Rank #2.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
<a href="https://www.zacks.com/stock/news/2340104/first-september-gains-in-5-years-buy-3-breakout-stocks-now?cid=CS-BENZ-FT-analyst_blog|rw-2340104">To read this article on Zacks.com click here.</a>

Small Cap

Federal Reserve

Analyst Ratings

AXGN

First September Gains in 5 Years? Buy 3 Breakout Stocks Now

EMCOR Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eme#NYSE">EME</a>) shares reached a new 52-week high of $437.10 on Friday. The stock pulled back to end the trading session at $435.60, gaining 1.3% that day. Impressively, the stock marked a 9.9% surge in the past five days.
The move came in after the most awaited interest rate cut news, which boosted the overall market sentiments. On Wednesday, the Federal Reserve announced an interest rate cut by 50 cents to a range of 4.75% to 5%. Reduced interest rates can have a highly supportive effect on infrastructure stocks, benefiting from cheaper financing, increased government and private sector investment, higher appeal for dividend-seeking investors, and potential growth in related sectors like real estate.
In the year-to-date period (YTD), the stock surged more than 104%, handily outpacing the Zacks Building Products - Heavy Construction industry&#39;s 79.9% growth, the broader Construction sector&#39;s 22.6% rise and the S&amp;P 500&#39;s 19.6% increase. Investors looking for momentum stock may dig into EME right now.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b5/78846.jpg?v=176645747" />
Image Source: Zacks Investment Research
EMCOR, known for its strategic focus and diverse offerings, has seen significant growth in recent years amid a competitive landscape of non-residential services.
Substantiating the above-mentioned optimism, the 50-day SMA continues to read higher than the 200-day SMA, signaling a bullish trend. This technical strength underscores positive market sentiment and confidence in EMCOR&#39;s financial health and prospects.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/24/78848.jpg?v=784714474" />
Image Source: Zacks Investment Research
Other stocks from the same industry that touched a 52-week high on Sept. 20 are Dycom Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dy#NYSE">DY</a>), MasTec, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtz#NYSE">MTZ</a>) and Great Lakes Dredge &amp; Dock (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gldd#NASDAQ">GLDD</a>). These stocks surged 72.2%, 67.1% and 40.7%, respectively, in YTD.
Let&#39;s delve deeper into the factors substantiating this Fortune 500 company&#39;s resilience, which currently captures around $17 billion of total market share.
<h2>Solid Diversified Business</h2>
EMCOR has established itself as a leader in mechanical and electrical construction, industrial infrastructure, and building services. Its focus on these specialized sectors has positioned the company to dominate markets requiring expert solutions.
A key strength of EME is its investment in Virtual Design and Construction&nbsp;technologies, including Building Information Modeling (BIM), which helps the company design and coordinate complex projects. This technology also enhances its prefabrication processes, enabling customized fabrication for electrical, sheet metal, fire sprinkler, and piping systems, thus improving efficiency and competitiveness.
With the growing emphasis on energy efficiency and sustainability, EMCOR is well-positioned to benefit from the increased demand for HVAC and lighting retrofits, as well as building automation services. The Mechanical Services division, which generates nearly 65% of EMCOR&#39;s total revenues, plays a crucial role in meeting this demand and driving the company&#39;s success.
The company also expands in high-growth sectors and geographies via acquisitions. In the first half of 2024, EMCOR acquired four companies. The acquired companies are set to strengthen their Mechanical Construction, Building Services and Industrial Services segments, positioning them well for future growth.
<h2>EME&#39;s High RPO Levels May Boost Growth</h2>
EMCOR reported remaining performance obligations (RPOs) of $9 billion at end of second-quarter 2024, reflecting an 8.6% year-over-year increase. This near-record RPO level highlights a robust pipeline of future projects, particularly in sectors like data centers, high-tech manufacturing, healthcare, and water/wastewater.
RPOs in the network and communications sector, which includes data centers, reached a record $1.7 billion, marking 40% year-over-year growth. This surge emphasizes EMCOR&#39;s strong position in the expanding data center market, indicating significant future revenue potential.
<h2>Strong Cash Flow</h2>
The company generated $412 million in operating cash flow in the first six months of 2024, almost double the amount from the prior-year period. This strong cash flow supports the company&#39;s ability to fund growth initiatives, pursue acquisitions, and return capital to shareholders.
EMCOR invests in expanding prefabrication and VDC technologies, including BIM, automation, and robotics, while also engaging in various M&amp;A activities. Additionally, the company provides impressive returns to its stockholders through share repurchases and dividends. In 2024, EMCOR increased its quarterly dividend by 39% to 25 cents.
<h2>Obstacles Hindering EME&#39;s Growth Trajectory</h2>
EMCOR has faced difficulties in the commercial real estate market due to reduced demand and the completion of several projects. The U.S. and U.K. site-based services businesses, particularly in the U.S. Building Services segment, have experienced revenue setbacks, mainly due to the non-renewal of certain contracts in the last reported quarter.
In addition to sector-specific challenges, EMCOR is exposed to risks from fluctuating global energy markets and supply-chain disruptions. These factors could limit infrastructure investments and increase project costs, creating obstacles to the company&#39;s growth prospects.
<h2>Valuation, Return &amp; Growth Trend</h2>
EMCOR&#39;s shares are currently overvalued marginally. Its forward 12-month price-to-earnings (P/E) ratio of 22.27 is above its five-year median of 16.23 and the industry&#39;s average of 21.66 currently.
EME provides solid investment returns compared to the industry&#39;s average, as reflected by its current trailing 12-month Return on Equity of 32.7%. This indicates the company efficiently uses its shareholders&#39; funds.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/2b/78847.jpg?v=1312124596" />
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for EME&#39;s earnings has moved up in the past 60 days, indicating analysts are showing confidence in the stock. Over the last 60 days, forecasts for 2024 and 2025 have increased to $19.50 (from $16.10) and $19.59 (from $17.41), respectively.
<h2>Final Thoughts</h2>
EMCOR&#39;s focus on advanced technologies and sustainability, robust capital allocation strategy, and strong financial performance make it a must-buy for investors looking for good long-term gain. Also, Fed&#39;s rate cut is likely to bolster the infrastructure market by lowering borrowing costs, enhancing project viability, encouraging investment, and stimulating economic growth.
However, some industry headwinds and a high valuation depict a risk to the sustainability of its current price if the company&#39;s future performance does not meet investors&#39; expectations.
We believe its impressive business structure, as well as economic rebound, will help the company generate higher earnings in coming quarters. Additionally, solid return and future earnings expectations reinforce its Zacks Rank #1 (Strong Buy) rating, making EMCOR an attractive addition to investors&#39; portfolio at present.
<a href="https://www.zacks.com/stock/news/2340075/emcor-hits-52-week-high-is-the-stock-still-worth-buying?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2340075">To read this article on Zacks.com click here.</a>

Large Cap

Mid Cap

Dividends

Financing

Offerings

EMCOR Hits 52-Week High: Is the Stock Still Worth Buying?

Noble Capital Markets analyst Poe Fratt maintains Great Lakes Dredge &amp; Dock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) with a Outperform and raises the price target from $11 to $14.

Price Target

Noble Capital Markets Maintains Outperform on Great Lakes Dredge & Dock, Raises Price Target to $14

While &quot;the trend is your friend&quot; when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn&#39;t easy.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Our &quot;Recent Price Strength&quot; screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen:
<h2>Great Lakes Dredge &amp; Dock</h2>
(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gldd#NASDAQ">GLDD</a>) is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. GLDD is quite a good fit in this regard, gaining 11.6% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 7.9% over the past four weeks ensures that the trend is still in place for the stock of this provider of dredging and dock-contracting services.
Moreover, GLDD is currently trading at 84% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in GLDD may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2336333/recent-price-trend-in-great-lakes-dredge-dock-gldd-is-your-friend-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2336333">To read this article on Zacks.com click here.</a>

Recent Price Trend in Great Lakes Dredge & Dock is Your Friend, Here's Why

While &quot;the trend is your friend&quot; when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn&#39;t easy.
Often, the direction of a stock&#39;s price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it&#39;s important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going.
Investors looking to make a profit from stocks that are currently on the move may find our &quot;Recent Price Strength&quot; screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
<h2>Great Lakes Dredge &amp; Dock</h2>
(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gldd#NASDAQ">GLDD</a>) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for &quot;trend&quot; investors.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. GLDD is quite a good fit in this regard, gaining 8.3% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 7% over the past four weeks ensures that the trend is still in place for the stock of this provider of dredging and dock-contracting services.
Moreover, GLDD is currently trading at 97.6% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in GLDD may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2327472/great-lakes-dredge-dock-gldd-is-a-great-choice-for-trend-investors-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2327472">To read this article on Zacks.com click here.</a>

Great Lakes Dredge & Dock Is a Great Choice for 'Trend' Investors, Here's Why

Great Lakes Dredge & Dock shares are trading higher after the company announced it secured $256.2 million in dredging awards.

Press Releases

Great Lakes Reports Third Quarter 2024 Results

Great Lakes Dredge & Dock's Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat's Significant Boat of the Year Award

Great Lakes Dredge & Dock to Present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference on Tuesday, December 3, 2024

Great Lakes Announces Receipt of $182 Million in Awarded Work

Great Lakes Dredge & Dock to Present at CJS Securities 25th Annual New Ideas for the New Year Virtual Conference on Tuesday, January 14, 2025

Management

Great Lakes Announces Election of New Director

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2024 Fourth Quarter Results

Great Lakes Reports Fourth Quarter and Full Year 2024 Results

Great Lakes Dredge & Dock to Present at Sidoti Small Cap Virtual Conference on Wednesday, March 19, 2025

Great Lakes Announces $50 Million Share Repurchase Program

Arcosa

AECOM

Argan

Ameresco

APi Group

Bowman Consulting Group Ltd. - Common Stock

Bowman Consulting Group

Cadeler A/S American Depositary Share (each representing four (4) Ordinary Shares)

Comments

Great Lakes Dredge & Dock

Great Lakes Dredge & Dock (GLDD) Opzioni

Great Lakes Dredge & Dock (NASDAQ:GLDD) Azioni, Catena delle Opzioni

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO