Gibraltar Industries (NASDAQ:ROCK) Sets New 52-Week Low – Here’s Why

Gibraltar Industries, Inc. (NASDAQ:ROCK) reached a new 52-week low during trading on Monday . The company traded as low as $35.10 and last traded at $36.1580, with a volume of 8486 shares trading hands. The stock had previously closed at $35.38.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ROCK. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Seaport Research Partners restated a “buy” rating and issued a $55.00 price target on shares of Gibraltar Industries in a research report on Tuesday, May 12th. One 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’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Gibraltar Industries Stock Performance

The company has a quick ratio of 0.87, a current ratio of 1.41 and a debt-to-equity ratio of 1.39. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of -7.60, a price-to-earnings-growth ratio of 0.62 and a beta of 1.26. The company’s 50-day simple moving average is $39.52 and its 200-day simple moving average is $47.56.

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

Insider Buying and Selling

In other news, CEO William T. Bosway acquired 4,500 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was purchased at an average price of $38.29 per share, with a total value of $172,305.00. Following the purchase, the chief executive officer owned 228,085 shares of the company’s stock, valued at approximately $8,733,374.65. This trade represents a 2.01% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James S. Metcalf acquired 12,444 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average cost of $40.35 per share, with a total value of $502,115.40. Following the purchase, the director directly owned 15,500 shares in the company, valued at approximately $625,425. This trade represents a 407.20% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 19,444 shares of company stock valued at $775,070 in the last ninety days. Company insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Gibraltar Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ROCK. Hantz Financial Services Inc. boosted its stake in 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 purchasing an additional 360 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in Gibraltar Industries by 822.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after purchasing an additional 444 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Gibraltar Industries by 73.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after purchasing an additional 203 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Gibraltar Industries during the 3rd quarter valued at $38,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Gibraltar Industries during the 4th quarter valued at $39,000. Institutional investors and hedge funds own 98.39% of the company’s stock.

Gibraltar Industries Company Profile

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.