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Price
Target price
€57.00

€57.00

3.640%
2.0
3.640%
€58.96

€58.96

 
09.05.24 / Frankfurt WKN: 879080 / Symbol: GVA / Name: Granite Constr / Stock / Construction & Engineering / Mid Cap /
Latest predictions
€46.98
16.04.24
11.76%
€60.00
12.04.24
9.62%
buy
€58.96
27.02.24
24.17%
buy
Best running prediction
€58.96
27.02.24
24.17%
buy
Your prediction

Granite Construction Stock

A very strong showing by Granite Construction today, with an increase of €2.00 (3.640%) compared to yesterday's price.
Based on 2 Buy predictions and 1 Sell predictions the sentiment towards Granite Construction is rather balanced.
As a result the target price of 58 € shows a slightly positive potential of 1.75% compared to the current price of 57.0 € for Granite Construction.

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 3.640% 7.843% 5.769% 71.875% 19.048% 61.765% 39.896%
KBR Inc. -0.790% 3.279% 5.882% - 26.506% - -
Emcor Group Inc. 0.960% 6.745% 9.312% 133.224% 80.867% - -
Fluor Corp. 0.030% -5.563% -7.362% 47.018% 0.615% 77.203% 38.051%

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. (%) 11.76%
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. (%) 24.17%
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

Granite Secures Contract for Infrastructure Project Near Ontario International Airport: https://mms.businesswire.com/media/20191118005918/en/662198/5/Granite-Logo-Color.jpg
Granite Secures Contract for Infrastructure Project Near Ontario International Airport


Granite (NYSE:GVA) has been awarded a $25 million contract by McDonald Property Group to retrofit offsite infrastructure at the east end of the runway of the Ontario International Airport. The

Granite Expands Presence in Inland Empire, California: https://mms.businesswire.com/media/20191118005918/en/662198/5/Granite-Logo-Color.jpg
Granite Expands Presence in Inland Empire, California


Granite (NYSE:GVA) announced the opening of its new office in Ontario, California. This strategic move marks Granite's commitment to serving the Inland Empire and further solidifying its position

Granite Expands Presence in Inland Empire, California: https://mms.businesswire.com/media/20191118005918/en/662198/5/Granite-Logo-Color.jpg
Granite Expands Presence in Inland Empire, California


Granite (NYSE:GVA) announced the opening of its new office in Ontario, California. This strategic move marks Granite's commitment to serving the Inland Empire and further solidifying its position