Do Analysts Expect Granite Construction Inc. (GVA) Stock to Rise After It Is Higher By 12.63% in a Month?

Analysts who follow Granite Construction Inc. (GVA) on average expect it to fall -6.72% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Granite Construction Inc. an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating GVA a Hold today. Find out what this means to you and get the rest of the rankings on GVA!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Granite Construction Inc. Stock Today?

Granite Construction Inc. (GVA) stock is higher by 0.31% while the S&P 500 has fallen -0.2% as of 12:53 PM on Monday, Mar 25. GVA has gained $0.17 from the previous closing price of $55.04 on volume of 29,682 shares. Over the past year the S&P 500 is up 31.33% while GVA has gained 36.79%. GVA earned $0.83 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 66.56. Click Here to get the full Stock Report for Granite Construction Inc. stock.