Is Granite Construction Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NYSE: GVA) stock is to Strong Sell GVA stock.
Out of 1 analyst, 0 (0%) are recommending GVA as a Strong Buy, 0 (0%) are recommending GVA as a Buy, 0 (0%) are recommending GVA as a Hold, 0 (0%) are recommending GVA as a Sell, and 1 (100%) are recommending GVA as a Strong Sell.
What is GVA's earnings growth forecast for 2023-2023?
(NYSE: GVA) Granite Construction's forecast annual earnings growth rate of N/A is not forecast to beat the US Engineering & Construction industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Granite Construction's earnings in 2023 is $83,302,000.
In 2023, GVA is forecast to generate $130,358,717 in earnings, with the lowest earnings forecast at $130,358,717 and the highest earnings forecast at $130,358,717.
What is GVA's forecast return on equity (ROE) for 2023-2023?
(NYSE: GVA) forecast ROE is 13.68%, which is considered weak.
What is GVA's Price Target?
According to 1 Wall Street analyst that have issued a 1 year GVA price target, the average GVA price target is $36.00, with the highest GVA stock price forecast at $36.00 and the lowest GVA stock price forecast at $36.00.
The Wall Street analyst predicted that Granite Construction's share price could fall to $36.00 by Feb 21, 2024. The average Granite Construction stock price prediction forecasts a potential downside of 10.43% from the current GVA share price of $40.19.
What is GVA's Earnings Per Share (EPS) forecast for 2023-2023?
(NYSE: GVA) Granite Construction's current Earnings Per Share (EPS) is $1.87. In 2023, GVA's EPS is forecast to hit $2.98 (min: $2.98, max: $2.98).
What is GVA's forecast return on assets (ROA) for 2023-2023?
(NYSE: GVA) forecast ROA is 6.01%, which is lower than the forecast US Engineering & Construction industry average of 6.28%.
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