Gibraltar Industries, Inc. (NASDAQ:ROCK)‘s stock had its “buy” rating reaffirmed by equities research analysts at KeyCorp in a research report issued to clients and investors on Friday. They presently have a $39.00 price target on the construction company’s stock. KeyCorp’s price target points to a potential upside of 23.22% from the stock’s current price.

Several other equities analysts also recently weighed in on the company. BidaskClub downgraded Gibraltar Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. TheStreet raised Gibraltar Industries from a “c” rating to a “b-” rating in a research report on Friday, November 3rd. Finally, Zacks Investment Research raised Gibraltar Industries from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $42.00.

Gibraltar Industries (NASDAQ:ROCK) opened at $31.65 on Friday. The company has a current ratio of 2.36, a quick ratio of 1.93 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $1,000.00, a price-to-earnings ratio of 19.19 and a beta of 1.78. Gibraltar Industries has a 1 year low of $25.61 and a 1 year high of $48.05.

Gibraltar Industries (NASDAQ:ROCK) last released its quarterly earnings results on Friday, November 3rd. The construction company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.11. The company had revenue of $274.57 million during the quarter, compared to the consensus estimate of $275.80 million. Gibraltar Industries had a return on equity of 10.77% and a net margin of 3.08%. Gibraltar Industries’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 earnings per share. sell-side analysts forecast that Gibraltar Industries will post 1.64 EPS for the current fiscal year.

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Large investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC purchased a new stake in shares of Gibraltar Industries in the second quarter valued at $147,000. SG Americas Securities LLC purchased a new stake in shares of Gibraltar Industries in the third quarter valued at $157,000. Profund Advisors LLC grew its position in shares of Gibraltar Industries by 9.1% in the second quarter. Profund Advisors LLC now owns 5,756 shares of the construction company’s stock valued at $205,000 after purchasing an additional 480 shares during the period. State of Alaska Department of Revenue grew its position in shares of Gibraltar Industries by 78.7% in the second quarter. State of Alaska Department of Revenue now owns 6,238 shares of the construction company’s stock valued at $222,000 after purchasing an additional 2,748 shares during the period. Finally, Aperio Group LLC grew its position in shares of Gibraltar Industries by 1.4% in the second quarter. Aperio Group LLC now owns 7,200 shares of the construction company’s stock valued at $257,000 after purchasing an additional 101 shares during the period.

About Gibraltar Industries

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’s segments include Residential Products; Industrial and Infrastructure Products, and Renewable Energy and Conservation.

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