MasTec Tops Q3 Earnings Estimates
GLDD Stock | USD 12.52 0.01 0.08% |
About 56% of all Great Lakes' shareholders are looking to take a long position. The current sentiment regarding investing in Great Lakes Dredge stock implies that some traders are interested. The current market sentiment, together with Great Lakes' historical and current headlines, can help investors time the market. In addition, many technical investors use Great Lakes Dredge stock news signals to limit their universe of possible portfolio assets.
Great |
MasTec delivered earnings and revenue surprises of 32.52 percent and 5.31, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock
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Great Lakes Dredge Current Investor Sentiment
Panic Vs Confidence
56
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Great Lakes' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Great Lakes Dredge.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Great Lakes Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Great Lakes can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Great Lakes Dredge Historical Investor Sentiment
Investor biases related to Great Lakes' public news can be used to forecast risks associated with an investment in Great. The trend in average sentiment can be used to explain how an investor holding Great can time the market purely based on public headlines and social activities around Great Lakes Dredge. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Great Lakes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Great Lakes and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Great Lakes news discussions. The higher the estimate score, the more favorable the investor's outlook on Great Lakes.
Great Lakes Fundamental Analysis
We analyze Great Lakes' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Great Lakes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Great Lakes based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Great Lakes is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Great Lakes Dredge Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Great Lakes stock to make a market-neutral strategy. Peer analysis of Great Lakes could also be used in its relative valuation, which is a method of valuing Great Lakes by comparing valuation metrics with similar companies.
Peers
Great Lakes Related Equities
SLND | Southland Holdings | 5.94 | ||||
ROAD | Construction Partners | 1.63 | ||||
GVA | Granite Construction | 0.07 | ||||
APG | Api Group | 0.21 | ||||
PRIM | Primoris Services | 0.61 | ||||
MYRG | MYR | 0.63 | ||||
KBR | KBR | 0.67 | ||||
MTRX | Matrix Service | 1.12 | ||||
EME | EMCOR | 1.33 | ||||
FIX | Comfort Systems | 3.47 |
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.
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