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Upturn AI SWOT - About
GLDD 
Great Lakes Dredge & Dock (GLDD)
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Upturn Advisory Summary
04/01/2025: GLDD (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 13.37% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 600.18M USD | Price to earnings Ratio 10.61 | 1Y Target Price 14.5 |
Price to earnings Ratio 10.61 | 1Y Target Price 14.5 | ||
Volume (30-day avg) 506727 | Beta 1.21 | 52 Weeks Range 6.55 - 12.89 | Updated Date 04/1/2025 |
52 Weeks Range 6.55 - 12.89 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.84 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 7.51% | Operating Margin (TTM) 13.39% |
Management Effectiveness
Return on Assets (TTM) 4.75% | Return on Equity (TTM) 13.73% |
Valuation
Trailing PE 10.61 | Forward PE 12.63 | Enterprise Value 1139264384 | Price to Sales(TTM) 0.78 |
Enterprise Value 1139264384 | Price to Sales(TTM) 0.78 | ||
Enterprise Value to Revenue 1.49 | Enterprise Value to EBITDA 8.33 | Shares Outstanding 67360704 | Shares Floating 61970572 |
Shares Outstanding 67360704 | Shares Floating 61970572 | ||
Percent Insiders 2.36 | Percent Institutions 84.97 |
Analyst Ratings
Rating 4.5 | Target Price 14.67 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Great Lakes Dredge & Dock
Company Overview
History and Background
Great Lakes Dredge & Dock Corporation was founded in 1890. It's the largest provider of dredging services in the United States and one of the oldest heavy civil construction companies. It has played a key role in major infrastructure projects along U.S. coastlines and waterways for over a century.
Core Business Areas
- Dredging: Dredging involves the excavation of sediment and soil from underwater locations to maintain navigable waterways, reclaim land, and support coastal protection efforts. This also includes deepening ports and harbors.
- Coastal Protection: This segment focuses on constructing and maintaining coastal defenses, such as beach nourishment, dune restoration, and the construction of seawalls and breakwaters, to protect coastlines from erosion and storm damage.
- Land Reclamation: Creating new land from the sea or other water bodies using dredging techniques.
- Heavy Civil Construction: This segment includes constructing underwater pipelines, bridge foundations, and other marine infrastructure projects.
Leadership and Structure
Lasse Petterson is the current Chief Executive Officer. The company has a typical corporate structure with various departments including operations, finance, and business development, reporting to the CEO. There is a Board of Directors providing oversight.
Top Products and Market Share
Key Offerings
- Beach Nourishment: Replenishing eroded beaches with sand dredged from offshore or inland sources. Great Lakes Dredge & Dock holds a significant portion of the U.S. beach nourishment market. Competitors include Weeks Marine and Callan Marine.
- Market Share (%): 25
- Capital Dredging: Deepening and widening waterways and harbors to accommodate larger vessels. Great Lakes Dredge & Dock is a key player in this sector. Competitors include Manson Construction and Orion Marine Group.
- Market Share (%): 25
- Maintenance Dredging: Removing accumulated sediment from waterways to maintain their navigability. Great Lakes Dredge & Dock secures recurring contracts in this area. Competitors include Cottrell Contracting Corporation and Mike Hooks, Inc.
- Market Share (%): 25
Market Dynamics
Industry Overview
The dredging industry is driven by the need to maintain and improve navigable waterways, protect coastlines, and support infrastructure development. It is influenced by government regulations, environmental concerns, and economic conditions.
Positioning
Great Lakes Dredge & Dock is the largest U.S. dredging company, possessing a large fleet of specialized equipment and a strong track record. Its scale and expertise provide a competitive advantage.
Total Addressable Market (TAM)
The US dredging market is estimated to be between $2-3 billion annually. Great Lakes Dredge & Dock, with revenues around $800 million, captures a significant portion, but there is still considerable TAM.
Upturn SWOT Analysis
Strengths
- Largest dredging company in the U.S.
- Extensive experience and expertise
- Large and diverse fleet of equipment
- Strong relationships with government agencies
- Diversified service offerings
Weaknesses
- Vulnerability to economic cycles
- Dependence on government funding
- Exposure to environmental regulations
- High capital expenditure requirements
Opportunities
- Increased infrastructure spending by the government
- Growing demand for coastal protection due to climate change
- Expansion into new geographic markets
- Technological advancements in dredging techniques
Threats
- Competition from other dredging companies
- Rising fuel costs
- Delays in project approvals
- Adverse weather conditions
- Environmental concerns and opposition from environmental groups
Competitors and Market Share
Key Competitors
- WTS
- MMSI
- ORN
Competitive Landscape
Great Lakes Dredge & Dock has a competitive advantage due to its size and experience, but faces competition from other established players. Differentiation through specialized services and efficient operations is crucial.
Major Acquisitions
Environmental Protection Authority
- Year: 2019
- Acquisition Price (USD millions): 30
- Strategic Rationale: Increase environmental compliance and mitigation offerings
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been linked to infrastructure spending and coastal protection projects.
Future Projections: Future growth is anticipated to be driven by increased infrastructure investment and the need for coastal resilience.
Recent Initiatives: Recent initiatives are focused on fleet modernization and securing larger, more complex projects.
Summary
Great Lakes Dredge & Dock is the largest dredging company in the US, benefiting from infrastructure projects and coastal protection needs. Government funding plays a significant role in the company's performance. The company faces challenges related to environmental regulations, economic cycles, and competition. Fleet modernization and expansion into new markets could support future growth.
Similar Companies
- WTS
- MMSI
- ORN
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Reports
- Press Releases
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice. Market share data is based on estimates and may not be precise. Financial data may not be current. Investing in stocks involves risk, including the risk of loss.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Great Lakes Dredge & Dock
Exchange NASDAQ | Headquaters Houston, TX, United States | ||
IPO Launch date 2006-12-27 | CEO, President & Director Mr. Lasse J. Petterson | ||
Sector Industrials | Industry Engineering & Construction | Full time employees 381 | Website https://www.gldd.com |
Full time employees 381 | Website https://www.gldd.com | ||
Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company offers capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects comprising moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects; and foreign capital projects, such as channel deepening and port infrastructure development. In addition, the company operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. It serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns comprising utilities, oil and gas, and other energy companies. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.
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