Granite Construction Incorporated (GVA)
NYSE: GVA · IEX Real-Time Price · USD
62.35
+0.24 (0.39%)
Jun 25, 2024, 3:19 PM EDT - Market open

Granite Construction Statistics

Total Valuation

GVA has a market cap or net worth of $2.75 billion. The enterprise value is $2.83 billion.

Market Cap 2.75B
Enterprise Value 2.83B

Important Dates

The next estimated earnings date is Thursday, July 25, 2024, before market open.

Earnings Date Jul 25, 2024
Ex-Dividend Date Jun 28, 2024

Share Statistics

GVA has 44.15 million shares outstanding. The number of shares has increased by 0.51% in one year.

Shares Outstanding 44.15M
Shares Change (YoY) +0.51%
Shares Change (QoQ) -16.32%
Owned by Insiders (%) 1.01%
Owned by Institutions (%) 110.07%
Float 41.40M

Valuation Ratios

The trailing PE ratio is 100.91 and the forward PE ratio is 14.34. GVA's PEG ratio is 5.56.

PE Ratio 100.91
Forward PE 14.34
PS Ratio 0.75
Forward PS 0.68
PB Ratio 2.87
P/FCF Ratio 14.08
PEG Ratio 5.56
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.79, with an EV/FCF ratio of 14.66.

EV / Earnings 79.29
EV / Sales 0.78
EV / EBITDA 14.79
EV / EBIT 31.57
EV / FCF 14.66

Financial Position

The company has a current ratio of 1.51, with a Debt / Equity ratio of 0.65.

Current Ratio 1.51
Quick Ratio 1.00
Debt / Equity 0.65
Debt / EBITDA 3.24
Debt / FCF 3.21
Interest Coverage 3.78

Financial Efficiency

Return on equity (ROE) is 3.80% and return on invested capital (ROIC) is 2.77%.

Return on Equity (ROE) 3.80%
Return on Assets (ROA) 1.40%
Return on Capital (ROIC) 2.77%
Revenue Per Employee $883,255
Profits Per Employee $8,692
Employee Count 4,100
Asset Turnover 1.40
Inventory Turnover 29.82

Taxes

In the past 12 months, GVA has paid $30.21 million in taxes.

Income Tax 30.21M
Effective Tax Rate 45.88%

Stock Price Statistics

The stock price has increased by +59.52% in the last 52 weeks. The beta is 1.47, so GVA's price volatility has been higher than the market average.

Beta (1Y) 1.47
52-Week Price Change +59.52%
50-Day Moving Average 59.70
200-Day Moving Average 49.74
Relative Strength Index (RSI) 57.84
Average Volume (20 Days) 565,696

Short Selling Information

The latest short interest is 4.77 million, so 10.80% of the outstanding shares have been sold short.

Short Interest 4.77M
Short Previous Month 4.39M
Short % of Shares Out 10.80%
Short % of Float 11.52%
Short Ratio (days to cover) 11.31

Income Statement

In the last 12 months, GVA had revenue of $3.62 billion and earned $35.64 million in profits. Earnings per share was $0.61.

Revenue 3.62B
Gross Profit 418.33M
Operating Income 80.01M
Pretax Income 65.85M
Net Income 35.64M
EBITDA 191.11M
EBIT 89.50M
Earnings Per Share (EPS) $0.61
Full Income Statement

Balance Sheet

The company has $506.24 million in cash and $618.30 million in debt, giving a net cash position of -$112.07 million or -$2.54 per share.

Cash & Cash Equivalents 506.24M
Total Debt 618.30M
Net Cash -112.07M
Net Cash Per Share -$2.54
Equity / Book Value 946.46M
Book Value Per Share 21.44
Working Capital 481.67M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $284.47 million and capital expenditures -$91.67 million, giving a free cash flow of $192.80 million.

Operating Cash Flow 284.47M
Capital Expenditures -91.67M
Free Cash Flow 192.80M
FCF Per Share $4.38
Full Cash Flow Statement

Margins

Gross margin is 11.55%, with operating and profit margins of 2.21% and 0.98%.

Gross Margin 11.55%
Operating Margin 2.21%
Pretax Margin 1.82%
Profit Margin 0.98%
EBITDA Margin 5.28%
EBIT Margin 2.47%
FCF Margin 5.32%

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 0.83%.

Dividend Per Share $0.52
Dividend Yield 0.83%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 85.25%
Buyback Yield -0.51%
Shareholder Yield 0.33%
Earnings Yield 1.31%
FCF Yield 7.10%
Dividend Details

Analyst Forecast

The average price target for GVA is $57.00, which is -8.57% lower than the current price. The consensus rating is "Hold".

Price Target $57.00
Price Target Difference -8.57%
Analyst Consensus Hold
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 16, 2001. It was a forward split with a ratio of 3:2.

Last Split Date Apr 16, 2001
Split Type Forward
Split Ratio 3:2

Scores

GVA has an Altman Z-Score of 3.01 and a Piotroski F-Score of 5.

Altman Z-Score 3.01
Piotroski F-Score 5