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Price
Target price
€57.00

€57.00

-0.870%
-0.5
-0.870%
€58.96
 
24.05.24 / Frankfurt WKN: 879080 / Symbol: GVA / Name: Granite Constr / Stock / Construction & Engineering / Mid Cap /
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Granite Construction Stock

The price for the Granite Construction stock decreased slightly today. Compared to yesterday there is a change of -€0.500 (-0.870%).
With 2 Buy predictions and 1 Sell predictions the community is currently undecided on Granite Construction.
With a target price of 58 € there is a slightly positive potential of 1.75% for Granite Construction compared to the current price of 57.0 €.

Pros and Cons of Granite Construction in the next few years

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Performance of Granite Construction vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Granite Construction -0.870% 0.885% 11.765% 70.659% 23.377% 80.380% 58.841%
KBR Inc. -0.810% 1.653% 0.000% - 23.494% - -
Emcor Group Inc. 1.940% 5.484% 11.031% 129.625% 87.449% - -
Fluor Corp. 4.190% 9.918% 2.085% 54.844% 8.135% 152.480% 49.315%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-06-03

Upon an initial review of Granite Construction's (GVA) financial statements, the company seems to be experiencing some shifts in its financial position over the past few years. It's essential to delve deeper to understand the subtleties in the financials better and assess the strengths and weaknesses of the company to make informed decisions about the investment prospects.

*Pros: *

Revenue: Granite Construction's total revenue has been relatively stable, with a 3.5% decline from 2020 to 2021, followed by a 9.4% increase to 2022. This shift indicates that the company may have adjusted to the challenges posed by the pandemic and can capitalize on new opportunities in the Construction & Engineering industry.

Comments

Prediction Sell
Perf. (%) 10.78%
Target price 46.975
Change
Ends at 16.04.25

Granite Construction Incorporated (NYSE: GVA) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $44.00 to $50.00. They now have a "sell" rating on the stock.
Ratings data for GVA provided by MarketBeat
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Prediction Buy
Perf. (%) 25.26%
Target price 58.963
Change
Ends at 27.02.25

Granite Construction Incorporated (NYSE: GVA) had its price target raised by analysts at DA Davidson from $60.00 to $64.00. They now have a "buy" rating on the stock.
Ratings data for GVA provided by MarketBeat
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Prediction Sell
Perf. (%) 43.22%
Target price 21.000
Change
Ends at 04.11.21

Sell with target price 21.0
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News

Secret Creek Fish Passage Project Nets Granite $48 Million Contract in Snohomish County, Washington: https://mms.businesswire.com/media/20191118005918/en/662198/5/Granite-Logo-Color.jpg
Secret Creek Fish Passage Project Nets Granite $48 Million Contract in Snohomish County, Washington


Granite (NYSE:GVA) is pleased to announce that it has been awarded a $48 million contract by the Washington State Department of Transportation (WSDOT) to replace two existing fish barrier culvert

Granite’s Newest Home Market, Lehman-Roberts and the Mid-South: https://mms.businesswire.com/media/20191118005918/en/662198/5/Granite-Logo-Color.jpg
Granite’s Newest Home Market, Lehman-Roberts and the Mid-South


Granite (NYSE:GVA) expanded its home market strategy into the Memphis Metropolitan and Northern Mississippi area by acquiring Lehman-Roberts Company and Memphis Stone & Gravel Company (MSG) in Q4

Granite Awarded $89M Subcontract for United Airlines Terminal B Airside Transformation Program: https://mms.businesswire.com/media/20191118005918/en/662198/5/Granite-Logo-Color.jpg
Granite Awarded $89M Subcontract for United Airlines Terminal B Airside Transformation Program


Granite (NYSE:GVA) is pleased to announce that it has been awarded an $89 million subcontract by United Airlines and Manhattan Construction as part of the overall United Airlines Terminal B Airside