Great Lakes Dredge & Dock Hits New 52-Week High, Will the Momentum Continue?

Great Lakes Dredge & Dock Corporation (GLDD) has reached a 52-week high of $17.02, with a 29.6% year-to-date gain. The company has a positive earnings surprise record, with no earnings misses in the past four quarters. For the current fiscal year, GLDD is expected to post earnings of $1.13 per share on $905.39 in revenues, while for the next fiscal year, the company is expected to earn $1.27 per share on $985.53 in revenues. GLDD has a Value Score of B, a Growth Score of B, and a Momentum Score of D, giving the company a VGM Score of B.