Nov. 5, 2019 Price forecast | 2 weeks: 2.93% | 1 month: 2.68% | 3 months: -0.31%


GVA stock forecast

Our latest prediction for Granite Construction, Inc.'s stock price was made on the Nov. 5, 2019 when the stock price was at 27.25$.

In the short term (2weeks), GVA's stock price should outperform the market by 2.93%. During that period the price should oscillate between -6.98% and +10.48%.

In the medium term (3months), GVA's stock price should underperform the market by -0.31%. During that period the price should oscillate between -15.76% and +23.99%.


About Granite Construction, Inc.

Granite Construction, Inc. is a holding company, which engages in the provision of infrastructure solutions for public and private clients. It operates through the following segments: Transportation, Water, Specialty and Materials. The Transportation segment focuses on construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports and marine ports. The Water segment involves in water-related construction and water management solutions for municipal agencies, commercial water suppliers, industrial facilities and energy companies. It also provides trenchless cured-in-place pipe rehabilitation. The Specialty segment includes construction of various complex projects including infrastructure / site development, mining, public safety, tunnel and power projects. The Materials segment offers production of aggregates, asphalt and construction related materials as well as proprietary sanitary and storm water rehabilitation products including cured-in-place pipe felt and fiberglass-based lining tubes both for internal use and for sale to third parties. The company was founded in 1922 and is headquartered in Watsonville, CA.

At the moment the company generates 3390M USD in revenues.

On its last earning announcement, the company reported a loss of -2.27$ per share.

The book value per share is 27.48$

Granite Construction, Inc. website


Three months stock forecastNov. 5, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
3390M 5.50% -116M -3.40% -105M -2.27 0.52 35.60% 47M 27.48 45M -108M -63M