Analyzing Granite Construction (NYSE:GVA) and Olenox Industries (NASDAQ:OLOX)

Olenox Industries (NASDAQ:OLOXGet Free Report) and Granite Construction (NYSE:GVAGet Free Report) are both industrials companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, dividends, institutional ownership, profitability and valuation.

Volatility & Risk

Olenox Industries has a beta of 1.56, indicating that its share price is 56% more volatile than the S&P 500. Comparatively, Granite Construction has a beta of 1.32, indicating that its share price is 32% more volatile than the S&P 500.

Profitability

This table compares Olenox Industries and Granite Construction’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Olenox Industries -427.82% -117.43% -27.57%
Granite Construction -3.32% 27.83% 7.17%

Earnings and Valuation

This table compares Olenox Industries and Granite Construction”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Olenox Industries $2.95 million 0.49 -$18.82 million ($17.93) -0.05
Granite Construction $4.97 billion 1.05 $193.00 million ($4.31) -27.61

Granite Construction has higher revenue and earnings than Olenox Industries. Granite Construction is trading at a lower price-to-earnings ratio than Olenox Industries, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Olenox Industries and Granite Construction, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Olenox Industries 1 0 0 0 1.00
Granite Construction 2 1 2 1 2.33

Granite Construction has a consensus price target of $158.50, suggesting a potential upside of 33.18%. Given Granite Construction’s stronger consensus rating and higher possible upside, analysts plainly believe Granite Construction is more favorable than Olenox Industries.

Institutional and Insider Ownership

3.5% of Olenox Industries shares are owned by institutional investors. 6.5% of Olenox Industries shares are owned by company insiders. Comparatively, 0.9% of Granite Construction shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Granite Construction beats Olenox Industries on 11 of the 15 factors compared between the two stocks.

About Olenox Industries

(Get Free Report)

Safe & Green Holdings Corp. is a design and construction services company, which engages in the provision of code engineered cargo shipping containers. It operates through the following segments: Construction, Medical, Development, and Corporate and Support. The Construction Services segment includes the manufacturing of unit SG ECHO and other modules projects. The Medical segment consists of joint venture COVID-19 laboratory operations. The Development segment focuses on real property development. The Corporate and Support segment includes general corporate expenses such as the executive office, corporate finance, accounting, audit, tax, human resources, risk management, information technology, marketing, and legal groups, corporate overhead, and other items not allocated to any of the company’s other segments. The company was founded on December 29, 1993 and is headquartered in Miami, FL.

About Granite Construction

(Get Free Report)

Granite Construction Incorporated operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects. The Materials segment is involved in the production of aggregates, asphalt concrete, liquid asphalt, and recycled materials production for internal use in our construction projects and sale to third parties. It also offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, railways, residential development, and energy development; and provides construction management professional services. It serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.

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