Gibraltar Industries, Inc. (NASDAQ:ROCK) Given Average Rating of “Moderate Buy” by Brokerages

Gibraltar Industries, Inc. (NASDAQ:ROCKGet Free Report) has earned an average recommendation of “Moderate Buy” from the four research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and one has given a strong buy rating to the company.

ROCK has been the subject of a number of analyst reports. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Longbow Research began coverage on Gibraltar Industries in a report on Tuesday, July 7th. They issued a “buy” rating for the company. Seaport Research Partners reissued a “buy” rating and issued a $55.00 target price on shares of Gibraltar Industries in a report on Tuesday, May 12th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th.

Read Our Latest Analysis on Gibraltar Industries

Insiders Place Their Bets

In related news, VP Katherine Bolanowski acquired 1,400 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was bought at an average cost of $35.63 per share, with a total value of $49,882.00. Following the completion of the acquisition, the vice president owned 17,389 shares in the company, valued at $619,570.07. The trade was a 8.76% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Joseph A. Lovechio bought 1,000 shares of Gibraltar Industries stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average price of $34.62 per share, for a total transaction of $34,620.00. Following the purchase, the chief financial officer directly owned 13,390 shares in the company, valued at $463,561.80. This represents a 8.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 22,135 shares of company stock worth $823,380 over the last three months. 0.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Gibraltar Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wedge Capital Management L L P NC increased its holdings in shares of Gibraltar Industries by 9.1% during the second quarter. Wedge Capital Management L L P NC now owns 39,125 shares of the construction company’s stock worth $1,765,000 after buying an additional 3,263 shares in the last quarter. Moody National Bank Trust Division boosted its holdings in shares of Gibraltar Industries by 49.6% in the 2nd quarter. Moody National Bank Trust Division now owns 22,265 shares of the construction company’s stock worth $1,004,000 after acquiring an additional 7,385 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Gibraltar Industries by 37.8% in the 1st quarter. Pacer Advisors Inc. now owns 114,869 shares of the construction company’s stock worth $4,580,000 after acquiring an additional 31,503 shares in the last quarter. Segall Bryant & Hamill LLC grew its position in Gibraltar Industries by 21.9% during the 1st quarter. Segall Bryant & Hamill LLC now owns 430,995 shares of the construction company’s stock worth $17,184,000 after acquiring an additional 77,440 shares during the last quarter. Finally, Edgestream Partners L.P. grew its position in Gibraltar Industries by 116.8% during the 1st quarter. Edgestream Partners L.P. now owns 61,019 shares of the construction company’s stock worth $2,433,000 after acquiring an additional 32,871 shares during the last quarter. 98.39% of the stock is currently owned by institutional investors and hedge funds.

Gibraltar Industries Trading Down 2.2%

Shares of ROCK stock opened at $41.29 on Tuesday. Gibraltar Industries has a 52-week low of $33.56 and a 52-week high of $75.08. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of -9.28, a P/E/G ratio of 0.74 and a beta of 1.21. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. The firm has a fifty day moving average of $39.75 and a 200-day moving average of $44.13.

Gibraltar Industries (NASDAQ:ROCKGet Free Report) last issued its earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.04). The business had revenue of $356.29 million for the quarter, compared to analyst estimates of $350.15 million. Gibraltar Industries had a negative net margin of 10.68% and a positive return on equity of 10.86%. Gibraltar Industries’s revenue was up 44.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.95 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, equities research analysts forecast that Gibraltar Industries will post 3.8 earnings per share for the current fiscal year.

About Gibraltar Industries

(Get Free Report)

Gibraltar Industries, Inc (NASDAQ: ROCK) is a leading manufacturer of building products and infrastructure solutions for the residential, commercial, industrial and utility markets. The company designs, engineers and markets a broad portfolio of highly engineered products to reinforce structures, improve energy efficiency and enhance safety and durability. Gibraltar’s Building Products segment includes metal roofing, siding, ventilation and structural support systems for homes and light commercial facilities, while its Infrastructure Solutions segment supplies transmission and distribution hardware, storm response equipment and renewable energy supports to utility and civil markets.

In the Building Products segment, Gibraltar offers metal and composite solutions such as roof and siding panels, deck and solar shading supports, chimney and venting systems, railings and fencing.

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