GVA

Granite Construction Incorporated [GVA] Stock Forecast

Q: What is Granite Construction Incorporated stock symbol ?

Granite Construction Incorporated is a US stock, located in Watsonville of Ca and trading under the symbol GVA

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GVA Stock Summary

Earnings have grown 9.67% per last year.

Earnings are expected to rise 17.55% next year

EPS has been increasing for the past 3 years (Yearly statements)

EPS has increased from the previous year and become positive (Yearly statements)

EPS has been increasing for the past 3 quarters (Quarter statements)

EPS has increased from the previous quarter and is now positive. (Quarter statements)

GVA's dividend payments are well covered by cash flows with cash payout ratio of 61.9%.

An RSI reading of 70 or higher indicates an overbought or overvalued condition.

Profit margins (0.01%) are lower than the previous year (0.03%)

GVA has less than 1 year of cash runway

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In the News

03:02 10 Dec 2023 GVA

Granite (GVA), Veracio to Redefine Drill Hole Data Utilization

Granite (GVA) partners with Veracio to improve the accuracy and quality of drill hole data analysis for its clients.

10:32 10 Dec 2023 GVA

Fast-paced Momentum Stock Granite Construction (GVA) Is Still Trading at a Bargain

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

09:01 10 Dec 2023 GVA

Bet on These 5 Low-Leverage Stocks as Price Hikes Ease

The equity market can be volatile at times. To avoid huge losses, an investor may choose safe bets like TXT, CB, COST, TNK and GVA.

12:47 10 Dec 2023 GVA

Granite Construction's (GVA) JV ARC Wins Multiple CM/GC Deal

Granite Construction's (GVA) joint venture is set to rehabilitate the American River Bridge in Sacramento, CA.

09:01 10 Dec 2023 GVA

3 Sector ETFs & Stocks to Gain Despite Soft Jobs Data

The U.S. economy added 150,000 jobs in October 2023, below market forecasts of 180,000.

09:02 10 Dec 2023 GVA

New Strong Buy Stocks for November 3rd

XRX, GVA, CUBI, LXU and ENLV have been added to the Zacks Rank #1 (Strong Buy) List on November 3, 2023.

08:17 10 Dec 2023 GVA

Best Income Stocks to Buy November 3rd

XRX, GVA, FCFS made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 3, 2023.

10:34 10 Dec 2023 GVA

Why Fast-paced Mover Granite Construction (GVA) Is a Great Choice for Value Investors

01:43 10 Dec 2023 GVA

Granite Construction Incorporated (GVA) Q3 2023 Earnings Call Transcript

Granite Construction Incorporated (NYSE:GVA ) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Mike Barker - Vice President, Investor Relations Kyle Larkin - President and Chief Executive Officer Lisa Curtis - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Biros - Thompson Research Group Brent Thielman - D.A. Davidson Brian Russo - Sidoti Michael Dudas - Vertical Research Partners Operator My name is Kate and I will be your conference facilitator today.

01:11 10 Dec 2023 GVA

Why Granite Construction Stock Is Soaring Higher Today

Granite surpassed estimates on third-quarter earnings and revenue. The company has done a good job executing on a turnaround plan after a series of misfires.

GVA Financial details

Company Rating

Strong Buy

Market Cap

2.12B

Income

36.9M

Revenue

3.36B

Book val./share

21.75

Cash/share

12.07

Dividend

0.52

Dividend %

1.08%

Employees

Optionable

Shortable

Yes

Earnings

14 Feb 2024

P/E

57.56

Forward P/E

11.51

PEG

-1.03

P/S

0.63

P/B

2.22

P/C

4.01

P/FCF

-74.95

Quick Ratio

1.47

Current Ratio

1.6

Debt / Equity

0.47

LT Debt / Equity

0.44

EPS (TTM)

0.83

EPS next Y

4.2

EPS next Q

0.84

EPS this Y

-1138.89%

EPS next Y

406.02%

EPS next 5Y

454.62%

EPS last 5Y

14.03%

Revenue last 5Y

-0.1%

Revenue Q/Q

24.29%

EPS Q/Q

-435.9%

SMA20

5.65%

SMA50

23.83%

SMA100

12.68%

Inst Own

74.35%

Inst Trans

0.73%

ROA

ROE

ROC

0.04%

Gross Margin

12%

Oper. Margin

Profit Margin

Payout

62%

Shs Outstand

43.93M

Shs Float

43.49M

Target Price

52W Range

33.74-48.8

52W High

+0.75%

52W Low

+46.55%

RSI

72.05

Rel Volume

0.89

Avg Volume

335.16K

Volume

298.4K

Perf Week

6.26%

Perf Month

41.82%

Perf Quarter

22.99%

Perf Half Y

19.29%

Beta

1.461

Volatility

0.75%, 3.21%

Prev Close

0.67%

Price

48.36

Change

1.58%

GVA Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	76.17	74.01	78.1	65.74	75.07
Net income per share	0.97	-1.22	-3.64	-0.18	1.89
Operating cash flow per share	1.98	2.39	5.89	0.48	1.27
Free cash flow per share	-0.57	0.1	3.84	-1.59	-1.5
Cash per share	13.43	10.38	13.7	12.79	11.76
Book value per share	31.03	24.52	21.39	21.13	21.67
Tangible book value per share	24.62	18.62	18.45	20.36	20.52
Share holders equity per share	31.03	24.52	21.39	21.13	21.67
Interest debt per share	9.11	9.48	8.98	8.59	7.58
Market cap	1.75B	1.29B	1.22B	1.77B	1.54B
Enterprise value	1.86B	1.45B	1.17B	1.75B	1.57B
P/E ratio	41.38	-22.72	-7.33	-214.55	18.51
Price to sales ratio	0.53	0.37	0.34	0.59	0.47
POCF ratio	20.31	11.56	4.54	80.8	27.71
PFCF ratio	-71.01	279.45	6.95	-24.31	-23.38
P/B Ratio	1.3	1.13	1.25	1.83	1.62
PTB ratio	1.3	1.13	1.25	1.83	1.62
EV to sales	0.56	0.42	0.33	0.58	0.48
Enterprise value over EBITDA	7.68	23.63	9.69	20.33	9
EV to operating cash flow	21.58	13	4.35	79.76	28.19
EV to free cash flow	-75.45	314.31	6.67	-24	-23.78
Earnings yield	0.02	-0.04	-0.14	0	0.05
Free cash flow yield	-0.01	0	0.14	-0.04	-0.04
Debt to equity	0.28	0.37	0.4	0.39	0.34
Debt to assets	0.15	0.17	0.16	0.15	0.15
Net debt to EBITDA	0.45	2.62	-0.42	-0.26	0.15
Current ratio	2.09	1.64	1.54	1.71	1.69
Interest coverage	4.4	-3.38	0.31	-1.13	6.76
Income quality	1.61	-1.97	-1.62	9.08	0.71
Dividend Yield	0.01	0.02	0.02	0.01	0.02
Payout ratio	0.53	-0.43	-0.14	-2.88	0.28
Sales general and administrative to revenue	0.06	0.07	0.08	0.06	0.06
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.1	0.11	0.05	0.02	0.03
Capex to operating cash flow	-1.29	-0.96	-0.35	-4.32	-2.19
Capex to revenue	-0.03	-0.03	-0.03	-0.03	-0.04
Capex to depreciation	-0.91	-0.5	-0.31	-3.08	-1.47
Stock based compensation to revenue	0	0	0	0	0
Graham number	26.07	25.92	41.87	9.26	30.39
ROIC	0.03	-0.03	0.01	-0.01	0.06
Return on tangible assets	0.02	-0.03	-0.07	0	0.04
Graham Net	1.61	-4.87	-4.23	-9.29	-2.11
Working capital	737.55M	534.89M	511.99M	758.08M	549.7M
Tangible asset value	1.14B	914.14M	874.83M	941.85M	911.44M
Net current asset value	336.42M	53.27M	66.86M	328.04M	164.51M
Invested capital	0.28	0.37	0.4	0.39	0.34
Average receivables	638.38M	725.93M	732.3M	657.89M	657.96M
Average payables	244.58M	326.13M	379.97M	341.74M	329.35M
Average inventory	75.56M	88.75M	85.62M	72.16M	74.39M
Days sales outstanding	76.22	80.39	72.31	73.97	78.05
Days payables outstanding	31.34	45.37	40.74	43.77	41.63
Days of inventory on hand	11.04	10.06	9.34	8.36	10.81
Receivables turnover	4.79	4.54	5.05	4.93	4.68
Payables turnover	11.65	8.04	8.96	8.34	8.77
Inventory turnover	33.05	36.27	39.07	43.65	33.77
ROE	0.03	-0.05	-0.17	-0.01	0.09
Capex per share	-2.55	-2.29	-2.04	-2.07	-2.77

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric	2022-09-30	2022-12-31	2023-03-31	2023-06-30	2023-09-30
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	22.96	18.05	12.8	20.47	25.43
Net income per share	1.67	0.5	-0.59	-0.39	1.31
Operating cash flow per share	2.02	1.61	-1.75	-0.96	3.49
Free cash flow per share	1.46	1.06	-2.68	-1.86	2.82
Cash per share	10.96	11.83	9.63	9.74	12.07
Book value per share	21.63	21.79	21.15	20.54	21.75
Tangible book value per share	20.76	20.63	20.54	19.66	21.23
Share holders equity per share	21.63	21.79	21.15	20.54	21.75
Interest debt per share	7.36	7.39	7.3	11.45	10.3
Market cap	1.12B	1.53B	1.8B	1.75B	1.67B
Enterprise value	1.18B	1.56B	1.91B	2.03B	1.83B
P/E ratio	3.8	17.39	-17.44	-25.68	7.25
Price to sales ratio	1.11	1.94	3.21	1.94	1.5
POCF ratio	12.59	21.82	-23.44	-41.32	10.9
PFCF ratio	17.41	33.04	-15.35	-21.43	13.48
P/B Ratio	1.17	1.61	1.94	1.94	1.75
PTB ratio	1.17	1.61	1.94	1.94	1.75
EV to sales	1.17	1.98	3.42	2.26	1.63
Enterprise value over EBITDA	12.61	61.69	-130.64	34.87	17.1
EV to operating cash flow	13.34	22.2	-24.96	-48.04	11.92
EV to free cash flow	18.44	33.61	-16.34	-24.91	14.74
Earnings yield	0.07	0.01	-0.01	-0.01	0.03
Free cash flow yield	0.06	0.03	-0.07	-0.05	0.07
Debt to equity	0.34	0.34	0.34	0.55	0.47
Debt to assets	0.13	0.15	0.15	0.21	0.17
Net debt to EBITDA	0.7	1.05	-7.96	4.88	1.46
Current ratio	1.52	1.69	1.72	1.72	1.6
Interest coverage	23.82	1.69	-15.66	6.99	15.14
Income quality	1.28	24.91	2.98	1.77	2.66
Dividend Yield	0.01	0	0	0	0
Payout ratio	0.08	0.26	-0.22	-0.34	0.1
Sales general and administrative to revenue	0.05	0.08	0.1	0.05	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.03	0.03	0.04	0.03	0.03
Capex to operating cash flow	-0.28	-0.34	0.53	0.93	-0.19
Capex to revenue	-0.02	-0.03	-0.07	-0.04	-0.03
Capex to depreciation	-0.83	-1.14	0	-0.71	-1.22
Stock based compensation to revenue	0	0	0.01	0	0
Graham number	28.5	15.72	16.74	13.38	25.34
ROIC	0.05	0	-0.03	0.03	0.04
Return on tangible assets	0.03	0.01	-0.01	-0.01	0.02
Graham Net	-5.78	-2.12	-2.75	-6.1	-5.2
Working capital	538.71M	549.7M	522.87M	623.96M	638.57M
Tangible asset value	913.04M	911.44M	898.71M	862.85M	932.31M
Net current asset value	158.47M	164.51M	141.26M	56.07M	121.31M
Invested capital	0.34	0.34	0.34	0.55	0.47
Average receivables	788.42M	782.64M	695.64M	805.26M	975.26M
Average payables	365.01M	366.34M	314.76M	338.79M	429.74M
Average inventory	79.97M	84.05M	92.35M	95.02M	92.14M
Days sales outstanding	76.59	80.5	110.14	92.66	82.63
Days payables outstanding	40.3	43.46	50.33	43.27	45.18
Days of inventory on hand	8.23	11.28	16.7	10.43	8.73
Receivables turnover	1.18	1.12	0.82	0.97	1.09
Payables turnover	2.23	2.07	1.79	2.08	1.99
Inventory turnover	10.94	7.98	5.39	8.63	10.31
ROE	0.08	0.02	-0.03	-0.02	0.06
Capex per share	-0.56	-0.55	-0.92	-0.89	-0.67

GVA Dividend History

GVA Frequently Asked Questions

What is Granite Construction Incorporated stock symbol ?

Granite Construction Incorporated is a US stock , located in Watsonville of Ca and trading under the symbol GVA

What is Granite Construction Incorporated stock quote today ?

Granite Construction Incorporated stock price is $48.36 today.

Is Granite Construction Incorporated stock public?

Yes, Granite Construction Incorporated is a publicly traded company.

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Company Profile

Volume Average 335.16K
Market Capitalization 2.12B
Employee 2K
CEO Mr. Kyle T. Larkin
Headquarters Watsonville,CA,US
IPO Date 1990-04-20
Website https://www.graniteconstruction.com

Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer 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. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; 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 founded in 1922 and is headquartered in Watsonville, California.