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1 Comment
Granite Construction Incorporated is currently in a long term uptrend where the price is trading 23.0% above its 200 day moving average.
From a valuation standpoint, the stock is 96.8% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.5.
Granite Construction Incorporated's total revenue sank by 0.3% to $946M since the same quarter in the previous year.
Its net income has dropped by 84.5% to $8M since the same quarter in the previous year.
Finally, its free cash flow fell by 2.6% to $111M since the same quarter in the previous year.
Based on the above factors, Granite Construction Incorporated gets an overall score of 2/5.
Exchange | F |
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CurrencyCode | EUR |
ISIN | US3873281071 |
Sector | Industrials |
Industry | Engineering & Construction |
PE Ratio | 28.04 |
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Target Price | 46.75 |
Dividend Yield | 0.7% |
Market Cap | 3B |
Beta | 1.27 |
Granite Construction Incorporated operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure and site development, mining, public safety, tunnel, solar, battery storage, and power related projects. The Materials segment is involved in the production of aggregates, asphalt concrete, liquid asphalt, and recycled materials production for internal use in construction projects and sale to third parties. It also offers site preparation, mining, and infrastructure services for railways, residential development, energy development, and commercial and industrial sites; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.
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