Granite Construction (GVA)
Granite Construction Statistics
Share Statistics
Granite Construction has 43.74M shares outstanding. The number of shares has increased by -1.62% in one year.
| Shares Outstanding | 43.74M |
| Shares Change (YoY) | -1.62% |
| Shares Change (QoQ) | -0.64% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 43.28M |
| Failed to Deliver (FTD) Shares | 78 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 5.03M, so 11.58% of the outstanding shares have been sold short.
| Short Interest | 5.03M |
| Short % of Shares Out | 11.58% |
| Short % of Float | 16.18% |
| Short Ratio (days to cover) | 6.08 |
Valuation Ratios
The PE ratio is 30.44 and the forward PE ratio is 13.34. Granite Construction's PEG ratio is 0.16.
| PE Ratio | 30.44 |
| Forward PE | 13.34 |
| PS Ratio | 0.96 |
| Forward PS | 0.8 |
| PB Ratio | 3.79 |
| P/FCF Ratio | 12.02 |
| PEG Ratio | 0.16 |
Enterprise Valuation
Granite Construction has an Enterprise Value (EV) of 4.1B.
| EV / Sales | 1.02 |
| EV / EBITDA | 11.66 |
| EV / EBIT | 8.99 |
| EV / FCF | 12.82 |
Financial Position
The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.82.
| Current Ratio | 1.66 |
| Quick Ratio | 1.56 |
| Debt / Equity | 0.82 |
| Debt / EBITDA | 2.37 |
| Debt / FCF | 2.6 |
| Interest Coverage | 7.1 |
Financial Efficiency
Return on Equity is 12.45% and Return on Invested Capital is 7.01%.
| Return on Equity | 12.45% |
| Return on Assets | 4.18% |
| Return on Invested Capital | 7.01% |
| Revenue Per Employee | $1.74M |
| Profits Per Employee | $54.93K |
| Employee Count | 2,300 |
| Asset Turnover | 1.32 |
| Inventory Turnover | 31.75 |
Taxes
| Income Tax | 55.75M |
| Effective Tax Rate | 28.42% |
Stock Price Statistics
The stock price has increased by 47.95% in the last 52 weeks. The beta is 1.27, so Granite Construction's price volatility has been higher than the market average.
| Beta | 1.27 |
| 52-Week Price Change | 47.95% |
| 50-Day Moving Average | 77.45 |
| 200-Day Moving Average | 81.74 |
| Relative Strength Index (RSI) | 61.81 |
| Average Volume (20 Days) | 713.63K |
Income Statement
In the last 12 months, Granite Construction had revenue of 4.01B and earned 126.35M in profits. Earnings per share was 2.88.
| Revenue | 4.01B |
| Gross Profit | 572.7M |
| Operating Income | 207.36M |
| Net Income | 126.35M |
| EBITDA | 351.71M |
| EBIT | 225.38M |
| Earnings Per Share (EPS) | 2.88 |
Balance Sheet
The company has 578.33M in cash and 832.85M in debt, giving a net cash position of -254.52M.
| Cash & Cash Equivalents | 578.33M |
| Total Debt | 832.85M |
| Net Cash | -254.52M |
| Retained Earnings | 604.63M |
| Total Assets | 3.03B |
| Working Capital | 684.7M |
Cash Flow
In the last 12 months, operating cash flow was 456.34M and capital expenditures -136.41M, giving a free cash flow of 319.94M.
| Operating Cash Flow | 456.34M |
| Capital Expenditures | -136.41M |
| Free Cash Flow | 319.94M |
| FCF Per Share | 7.3 |
Margins
Gross margin is 14.29%, with operating and profit margins of 5.17% and 3.15%.
| Gross Margin | 14.29% |
| Operating Margin | 5.17% |
| Pretax Margin | 4.9% |
| Profit Margin | 3.15% |
| EBITDA Margin | 8.78% |
| EBIT Margin | 5.17% |
| FCF Margin | 7.98% |
Dividends & Yields
GVA pays an annual dividend of $0.52, which amounts to a dividend yield of 0.69%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 0.69% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 19.85% |
| Earnings Yield | 3.29% |
| FCF Yield | 8.32% |
Analyst Forecast
The average price target for GVA is $70, which is -14% lower than the current price. The consensus rating is "Sell".
| Price Target | $70 |
| Price Target Difference | -14% |
| Analyst Consensus | Sell |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Apr 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
| Altman Z-Score | 3.22 |
| Piotroski F-Score | 7 |