Shares of Gibraltar Industries Inc. (NASDAQ:ROCK) rose 5.1% during trading on Monday . The company traded as high as $35.01 and last traded at $34.80, with a volume of 179,521 shares trading hands. The stock had previously closed at $33.12.

ROCK has been the subject of a number of recent research reports. Wedbush reiterated an “outperform” rating and issued a $30.00 price objective on shares of Gibraltar Industries in a report on Wednesday, April 20th. Zacks Investment Research downgraded shares of Gibraltar Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 3rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $30.40.

The stock has a market capitalization of $1.10 billion and a price-to-earnings ratio of 46.08. The stock has a 50 day moving average price of $30.84 and a 200 day moving average price of $26.30.

Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings results on Friday, May 6th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.12. The firm had revenue of $233.70 million for the quarter, compared to analyst estimates of $226.37 million. The company’s revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.06 earnings per share. Analysts forecast that Gibraltar Industries Inc. will post $1.37 earnings per share for the current fiscal year.

Several hedge funds and institutional investors have recently modified their holdings of ROCK. Systematic Financial Management LP raised its position in shares of Gibraltar Industries by 6.8% in the fourth quarter. Systematic Financial Management LP now owns 40,600 shares of the company’s stock worth $1,032,000 after buying an additional 2,600 shares during the period. Cornerstone Capital Management Holdings LLC. raised its position in shares of Gibraltar Industries by 17.5% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 129,685 shares of the company’s stock worth $3,299,000 after buying an additional 19,285 shares during the period. Morgan Stanley raised its position in shares of Gibraltar Industries by 3.7% in the fourth quarter. Morgan Stanley now owns 149,470 shares of the company’s stock worth $3,802,000 after buying an additional 5,359 shares during the period. EAM Investors LLC raised its position in shares of Gibraltar Industries by 34.2% in the fourth quarter. EAM Investors LLC now owns 160,134 shares of the company’s stock worth $4,074,000 after buying an additional 40,830 shares during the period. Finally, Teton Advisors Inc. raised its position in shares of Gibraltar Industries by 201.4% in the fourth quarter. Teton Advisors Inc. now owns 69,584 shares of the company’s stock worth $1,770,000 after buying an additional 46,500 shares during the period.

Gibraltar Industries, Inc is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company operates through three segments: Residential Products, Industrial and Infrastructure Products and Renewable Energy and Conservation.

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