Posted August 14, 2019
Potential Investors often look for key drivers that can move a stock in a positive direction. One of those is sales growth. Great Lakes Dredge & Dock Corporation (NasdaqGS:GLDD) of the Construction & Materials sector, witnessed sales growth of 0.37892 year over year. The firm has a traded value of 5995 and has its headquarters in United States of America.
Investors may be combing through all the latest earnings reports and trying to make sense of all the numbers. With lots of information readily available, investors may be searching for that next batch of stocks to add to the portfolio. Finding high quality stocks may be at the top of the investor’s checklist. Once high quality stocks are spotted, the investor may be then looking for bargains among those stocks. Many investors will look for stocks that have displayed consistent earnings growth over an extended period of time. When a company drastically over performs for a quarter, investors may be quick to investigate. The same things may be done if a company severely underperforms compared to projections.
Great Lakes Dredge & Dock Corporation (NasdaqGS:GLDD) closed the recent session at 10.570000 with a market value of $674644.
Investors may be analyzing the portfolio as we continue to move closer to the end of the year. Studying first half results may assist to identify trades that panned out, and those that didn’t. Keeping tabs on pervious trade outcomes may be a good way to accurately see what actually happened. It may be necessary to dig a little deeper to try and figure out why certain trades worked, and why others did not. Many investors may feel like they have missed the boat, and they may be wondering if stocks will see increased momentum closing out the year. Attaining comprehensive knowledge of the markets may take years to truly figure out. Combining technical analysis and tracking fundamentals may help the investor see the complete picture and develop confidence for trading into the future. Being able to sift through the endless sea of information may take some perseverance and extreme focus.
Turning to some key growth data as decimals. One year cash flow growth ratio is calculated on a trailing 12 months basis and is a one year percentage growth of a firm’s cash flow from operations. This number stands at -1.00000 for Great Lakes Dredge & Dock Corporation (NasdaqGS:GLDD). The one year Growth EBIT ratio stands at 3.90250 and is a calculation of one year growth in earnings before interest and taxes. The one year EBITDA growth number holds at 1.37280 which is calculated similarly to EBIT Growth with just the addition of amortization.
Taking even a further look we note that the 1 year Free Cash Flow (FCF) Growth is at -1.00000. The one year growth in Net Profit after Tax is -2.46640 and lastly sales growth was 0.37892.
When deciding how to best approach the stock market, individual investors may need to figure out what their time horizon is going to be. Short-term traders may only be looking to hold stocks for a short period in order to capitalize on fluctuations. Longer-term investors may be looking at more of a buy and hold strategy, and they may not be very concerned with the day to day shifts of a stock’s price. Accumulating as much knowledge as possible about specific stocks and the markets in general can help the investor prepare for success. Because there is no magic strategy that can be employed to guarantee profits, investors may need to evaluate multiple methods before choosing which one to pursue.
Great Lakes Dredge & Dock Corporation (NasdaqGS:GLDD) has a current suggested portfolio ownership target rate of 0.02470 (as a decimal) ownership. Target weight is the volatility adjusted recommended position size for a stock in your portfolio. The maximum target weight is 7% for any given stock. The indicator is based off of the 100 day volatility reading and calculates a target weight accordingly. The more recent volatility of a stock, the lower the target weight will be. The 3-month volatility stands at 40.643200 (decimal), the 6-month at 36.386700 and the 12-month at 41.877000. This is the normal returns and standard deviation of the stock price over three months annualized.
Taking look at some key returns and margins data we can note the following: Great Lakes Dredge & Dock Corporation (NasdaqGS:GLDD) has Return on Invested Capital (ROIC) of 0.181438, with a 5-year average of 0.031219 and an ROIC quality score of 7.324897. Why is ROIC important? It’s one of the most fundamental metrics in determining the value of a given stock. It helps potential investors determine if the firm is using it’s invested capital to return profits.
Changing lanes and looking at some Debt ratios, Great Lakes Dredge & Dock Corporation (NasdaqGS:GLDD) has a debt to equity ratio of 1.57879 and a Free Cash Flow to Debt ratio of 0.393833. This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at 2.53849. This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. Great Lakes Dredge & Dock Corporation’s ND to MV current stands at 0.402369. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.
When looking back historically at the stock market, it is easy to see that there are always extended periods of upturns and downturns. The speed at which the market can shift can cause even the most experienced investors stomachs to turn. When times are good and markets are rising, it can be easy to forget that a downturn may be just around the corner. Being prepared for sudden changes can help the investor plan for the unknown as best they can. Getting caught off guard can be extremely disconcerting and lead to irrational decision making. There is rarely any substitute for extensive study and focused dedication. Investors who put in the extra time to create a backup plan may be better able to traverse the road when the market environment inevitably shifts.