$95.06
0.71% today
NYSE, Nov 15, 06:14 pm CET
ISIN
US3873281071
Symbol
GVA

Granite Construction Incorporated Target price 2024 - Analyst rating & recommendation

Granite Construction Incorporated Classifications & Recommendation:

Buy
67%
Sell
33%

Granite Construction Incorporated Price Target

Target Price $98.25
Price $95.74
Potential
Number of Estimates 4
4 Analysts have issued a price target Granite Construction Incorporated 2025 . The average Granite Construction Incorporated target price is $98.25. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 3 analysts: 2 Analysts recommend Granite Construction Incorporated to buy, 0 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Granite Construction Incorporated stock has an average upside potential 2025 of . Most analysts recommend the Granite Construction Incorporated stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 3.51 3.98
6.30% 13.44%
EBITDA Margin 4.10% 10.25%
24.51% 149.80%
Net Margin 1.03% 3.27%
50.89% 216.37%

4 Analysts have issued a sales forecast Granite Construction Incorporated 2024 . The average Granite Construction Incorporated sales estimate is

$4.0b
Unlock
. This is
0.42% higher
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.0b 1.71%
Unlock
, the lowest is
$3.9b 0.53%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $3.5b 6.30%
2024
$4.0b 13.44%
Unlock
2025
$4.3b 6.88%
Unlock
2026
$4.5b 5.97%
Unlock

4 Analysts have issued an Granite Construction Incorporated EBITDA forecast 2024. The average Granite Construction Incorporated EBITDA estimate is

$408m
Unlock
. This is
55.82% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$416m 58.79%
Unlock
, the lowest is
$391m 49.21%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $144m 19.76%
2024
$408m 183.50%
Unlock
2025
$472m 15.68%
Unlock
2026
$539m 14.09%
Unlock

EBITDA Margin

2023 4.10% 24.51%
2024
10.25% 149.80%
Unlock
2025
11.10% 8.29%
Unlock
2026
11.95% 7.66%
Unlock

4 Granite Construction Incorporated Analysts have issued a net profit forecast 2024. The average Granite Construction Incorporated net profit estimate is

$130m
Unlock
. This is
45.48% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$142m 59.02%
Unlock
, the lowest is
$120m 34.15%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $36.3m 47.80%
2024
$130m 259.32%
Unlock
2025
$223m 71.13%
Unlock
2026
$268m 20.05%
Unlock

Net Margin

2023 1.03% 50.89%
2024
3.27% 216.37%
Unlock
2025
5.24% 60.24%
Unlock
2026
5.94% 13.36%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.83 2.98
47.80% 259.04%
P/E 32.10
EV/Sales 1.16

4 Analysts have issued a Granite Construction Incorporated forecast for earnings per share. The average Granite Construction Incorporated <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$2.98
Unlock
. This is
45.37% higher
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.26 59.02%
Unlock
, the lowest is
$2.75 34.15%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.83 47.80%
2024
$2.98 259.04%
Unlock
2025
$5.10 71.14%
Unlock
2026
$6.13 20.20%
Unlock

P/E ratio

Current 46.78 38.44%
2024
32.10 31.38%
Unlock
2025
18.76 41.56%
Unlock
2026
15.63 16.68%
Unlock

Based on analysts' sales estimates for 2024, the Granite Construction Incorporated stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.16 81.25%
2024
1.16 0.31%
Unlock
2025
1.08 6.43%
Unlock
2026
1.02 5.63%
Unlock

P/S ratio

Current 1.06 80.42%
2024
1.05 0.43%
Unlock
2025
0.98 6.43%
Unlock
2026
0.93 5.63%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today