Gibraltar Industries (NASDAQ:ROCK) Shares Down 6% – What’s Next?

Gibraltar Industries, Inc. (NASDAQ:ROCK) fell 6% during trading on Friday . The company traded as low as $41.16 and last traded at $41.2910. 381,118 shares traded hands during trading, an increase of 11% from the average session volume of 342,088 shares. The stock had previously closed at $43.93.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ROCK. Longbow Research assumed coverage on Gibraltar Industries in a research note on Tuesday, July 7th. They issued a “buy” rating on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Gibraltar Industries presently has a consensus rating of “Moderate Buy”.

Gibraltar Industries Trading Down 6.0%

The firm has a market cap of $1.23 billion, a P/E ratio of -8.20, a P/E/G ratio of 0.78 and a beta of 1.23. The stock has a 50 day simple moving average of $45.86 and a 200-day simple moving average of $42.07. The company has a current ratio of 1.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.37.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.09. The firm had revenue of $509.55 million during the quarter, compared to the consensus estimate of $472.09 million. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The firm’s revenue for the quarter was down 100.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.13 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, equities research analysts expect that Gibraltar Industries, Inc. will post 3.84 EPS for the current fiscal year.

Institutional Investors Weigh In On Gibraltar Industries

Several hedge funds and other institutional investors have recently made changes to their positions in ROCK. Hantz Financial Services Inc. raised its position in shares of Gibraltar Industries by 240.0% in the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock worth $25,000 after acquiring an additional 360 shares in the last quarter. Clearstead Advisors LLC boosted its position in Gibraltar Industries by 6,841.7% in the 4th quarter. Clearstead Advisors LLC now owns 833 shares of the construction company’s stock worth $41,000 after purchasing an additional 821 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Gibraltar Industries during the 2nd quarter valued at about $46,000. Integrated Wealth Concepts LLC purchased a new stake in Gibraltar Industries in the 2nd quarter worth $49,000. Finally, State of Wyoming raised its holdings in shares of Gibraltar Industries by 28.7% during the first quarter. State of Wyoming now owns 1,360 shares of the construction company’s stock valued at $54,000 after acquiring an additional 303 shares during the last quarter. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc is a manufacturer and provider of products and services for the renewable energy, agtech and infrastructure markets. The company develops engineered solutions used in solar power generation, controlled-environment agriculture and other applications that support the construction and operation of critical infrastructure.

Its renewable energy business supplies solar racking and mounting systems, including fixed-tilt and tracker solutions, as well as related engineering and installation services for utility-scale, commercial and residential solar projects.