Analysts See $0.60 EPS for Granite Construction Inc. (GVA); Orchids Pap Prd Comp (NYSEMKT:TIS) Shorts Down By 3.07%

July 28, 2017 - By Adrian Mccoy

Analysts expect Granite Construction Inc. (NYSE:GVA) to report $0.60 EPS on August, 4.They anticipate $0.25 EPS change or 71.43% from last quarter’s $0.35 EPS. GVA’s profit would be $23.88 million giving it 20.41 P/E if the $0.60 EPS is correct. After having $-0.60 EPS previously, Granite Construction Inc.’s analysts see -200.00% EPS growth. It closed at $48.99 lastly. It is down 16.24% since July 28, 2016 and is uptrending. It has underperformed by 0.46% the S&P500.

Orchids Pap Prd Comp (NYSEMKT:TIS) had a decrease of 3.07% in short interest. TIS’s SI was 1.56M shares in July as released by FINRA. Its down 3.07% from 1.61M shares previously. With 179,400 avg volume, 9 days are for Orchids Pap Prd Comp (NYSEMKT:TIS)’s short sellers to cover TIS’s short positions. The SI to Orchids Pap Prd Comp’s float is 17.1%. It closed at $12.11 lastly. It is down 56.11% since July 28, 2016 and is downtrending. It has underperformed by 72.81% the S&P500.

Orchids Paper Products Company is a supplier of consumer tissue products. The company has market cap of $124.77 million. The Firm produces bulk tissue paper, known as parent rolls, and converts parent rolls into finished products, including paper towels, bathroom tissue and paper napkins. It has a 19.19 P/E ratio. The Firm offers clients a range of private label products across the value, premium and ultra-premium market divisions.

Among 2 analysts covering Orchids Paper Products Co (NYSEMKT:TIS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Orchids Paper Products Co had 4 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Outperform” on Tuesday, October 27.

Granite Construction Incorporated is a heavy civil contractor and construction materials producer in the United States. The company has market cap of $1.95 billion. The Firm operates through three divisions: Construction, Large Project Construction and Construction Materials. It has a 44.75 P/E ratio. The Firm operates across the nation, serving both public and private sector clients.

Among 7 analysts covering Granite Constr (NYSE:GVA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Granite Constr had 14 analyst reports since November 24, 2015 according to SRatingsIntel. The stock of Granite Construction Inc. (NYSE:GVA) has “Outperform” rating given on Thursday, April 14 by Cowen & Co. M Partners maintained it with “Buy” rating and $56 target in Tuesday, August 2 report. Stifel Nicolaus initiated Granite Construction Inc. (NYSE:GVA) on Wednesday, December 9 with “Buy” rating. The firm has “Outperform” rating given on Wednesday, December 2 by Cowen & Co. FBR Capital maintained Granite Construction Inc. (NYSE:GVA) rating on Tuesday, August 2. FBR Capital has “Outperform” rating and $60 target. The firm has “Buy” rating by M Partners given on Wednesday, June 29. Canaccord Genuity maintained the shares of GVA in report on Thursday, March 23 with “Buy” rating. On Wednesday, June 14 the stock rating was maintained by Canaccord Genuity with “Buy”. On Wednesday, May 3 the stock rating was maintained by FBR Capital with “Outperform”. The rating was upgraded by FBR Capital to “Outperform” on Friday, December 11.

Investors sentiment increased to 1.31 in 2016 Q4. Its up 0.35, from 0.96 in 2016Q3. It improved, as 11 investors sold Granite Construction Inc. shares while 80 reduced holdings. 50 funds opened positions while 69 raised stakes. 34.58 million shares or 1.61% less from 35.14 million shares in 2016Q3 were reported. Moreover, Metropolitan Life Insur Ny has 0.03% invested in Granite Construction Inc. (NYSE:GVA) for 63,442 shares. Navellier & Associate holds 0.06% of its portfolio in Granite Construction Inc. (NYSE:GVA) for 6,404 shares. Fmr Ltd Llc holds 0% or 379,462 shares. Rowland And Inv Counsel Adv holds 0% or 4,700 shares. Comerica Bank has invested 0.02% of its portfolio in Granite Construction Inc. (NYSE:GVA). Royal Bancorporation Of Canada accumulated 0% or 5,416 shares. Moreover, Kennedy Capital has 0.09% invested in Granite Construction Inc. (NYSE:GVA) for 97,013 shares. Lord Abbett Commerce Llc holds 623,946 shares. Cls accumulated 1,000 shares. Aqr Cap Management reported 13,612 shares. Stifel Fin Corp, a Missouri-based fund reported 22,871 shares. South Texas Money Management Ltd holds 0.69% or 240,366 shares in its portfolio. Elm Advsrs Limited Liability owns 3,730 shares or 0.18% of their US portfolio. Nicholas Invest Ptnrs Limited Partnership reported 69,593 shares. Keybank Association Oh invested in 11,935 shares or 0% of the stock.

Since March 13, 2017, it had 1 buy, and 3 sales for $1.18 million activity. Another trade for 3,000 shares valued at $148,800 was sold by Powell William Howard. Galloway Patricia D also bought $9,696 worth of Granite Construction Inc. (NYSE:GVA) shares. Shares for $159,049 were sold by Krzeminski Laurel J. Roberts James Hildebrand had sold 17,442 shares worth $878,110.