Key Points
- Gibraltar Industries VP Katherine Bolanowski bought 1,400 shares on May 21 at an average price of $35.63, spending $49,882. After the purchase, she owned 17,389 shares worth about $619,570.
- The company recently posted mixed quarterly results, with earnings of $0.45 per share missing estimates of $0.49, while revenue of $356.29 million beat expectations and rose 44.6% year over year.
- Wall Street’s view is cautious but not negative: Gibraltar Industries has an average analyst rating of “Hold,” though Seaport Research Partners reiterated a $55 price target and a “Buy” rating.
Gibraltar Industries, Inc. (NASDAQ:ROCK - Get Free Report) VP Katherine Bolanowski acquired 1,400 shares of the company'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 directly owned 17,389 shares in the company, valued at approximately $619,570.07. This represents a 8.76% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Gibraltar Industries Price Performance
Shares of NASDAQ ROCK opened at $37.18 on Friday. The stock has a market capitalization of $1.10 billion, a PE ratio of -8.36, a P/E/G ratio of 0.62 and a beta of 1.26. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.41 and a quick ratio of 0.87. The business has a fifty day moving average price of $39.22 and a two-hundred day moving average price of $47.09. Gibraltar Industries, Inc. has a fifty-two week low of $33.56 and a fifty-two week high of $75.08.
Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $356.29 million during 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 period in the prior year, the firm earned $0.95 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities analysts predict that Gibraltar Industries, Inc. will post 3.8 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Gibraltar Industries
Several hedge funds and other institutional investors have recently modified their holdings of the business. Segall Bryant & Hamill LLC increased its stake in shares of Gibraltar Industries by 21.9% in the 1st quarter. Segall Bryant & Hamill LLC now owns 430,995 shares of the construction company's stock valued at $17,184,000 after purchasing an additional 77,440 shares during the last quarter. Edgestream Partners L.P. increased its stake in shares of Gibraltar Industries by 116.8% in the 1st quarter. Edgestream Partners L.P. now owns 61,019 shares of the construction company's stock valued at $2,433,000 after purchasing an additional 32,871 shares during the last quarter. Amundi bought a new position in shares of Gibraltar Industries in the 1st quarter valued at $239,000. Quantinno Capital Management LP increased its stake in shares of Gibraltar Industries by 112.1% in the 1st quarter. Quantinno Capital Management LP now owns 38,692 shares of the construction company's stock valued at $1,543,000 after purchasing an additional 20,449 shares during the last quarter. Finally, SummitTX Capital L.P. bought a new position in shares of Gibraltar Industries in the 1st quarter valued at $431,000. Institutional investors own 98.39% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on ROCK. Seaport Research Partners reaffirmed a "buy" rating and issued a $55.00 price objective on shares of Gibraltar Industries in a report on Tuesday, May 12th. Zacks Research raised Gibraltar Industries from a "strong sell" rating to a "hold" rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Gibraltar Industries currently has an average rating of "Hold".
Check Out Our Latest Research Report on ROCK
Gibraltar Industries Company Profile
(
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.
Further Reading
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