Gibraltar Industries (NASDAQ:ROCK) Trading Up 8.6% – Still a Buy?

Gibraltar Industries, Inc. (NASDAQ:ROCK)’s share price rose 8.6% during mid-day trading on Wednesday . The stock traded as high as $42.10 and last traded at $42.69. Approximately 26,330 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 355,412 shares. The stock had previously closed at $39.32.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Seaport Research Partners reissued a “buy” rating and issued a $55.00 price objective on shares of Gibraltar Industries in a research note on Tuesday, May 12th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Gibraltar Industries Price Performance

The stock’s 50 day moving average price is $38.66 and its 200-day moving average price is $44.79. 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 capitalization of $1.28 billion, a PE ratio of -9.73, a price-to-earnings-growth ratio of 0.70 and a beta of 1.24.

Gibraltar Industries (NASDAQ:ROCK) last posted its quarterly earnings results on Thursday, May 7th. The construction company reported $0.45 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 company had revenue of $356.29 million during the quarter, compared to analysts’ expectations of $350.15 million. During the same period in the prior year, the business earned $0.95 EPS. The company’s quarterly revenue was up 44.6% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities analysts forecast that Gibraltar Industries, Inc. will post 3.8 EPS for the current year.

Insider Transactions at Gibraltar Industries

In other news, CEO William T. Bosway purchased 19,735 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price of $37.44 per share, for a total transaction of $738,878.40. Following the completion of the acquisition, the chief executive officer owned 250,320 shares of the company’s stock, valued at approximately $9,371,980.80. This trade represents a 8.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Joseph A. Lovechio acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average cost of $34.62 per share, for a total transaction of $34,620.00. Following the purchase, the chief financial officer owned 13,390 shares of the company’s stock, valued at $463,561.80. This represents a 8.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have purchased 22,135 shares of company stock valued at $823,380. 0.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Gibraltar Industries

Several hedge funds have recently made changes to their positions in ROCK. Pacer Advisors Inc. increased its stake in shares of Gibraltar Industries by 37.8% during the first quarter. Pacer Advisors Inc. now owns 114,869 shares of the construction company’s stock valued at $4,580,000 after buying an additional 31,503 shares during the period. Segall Bryant & Hamill LLC increased 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 valued at $17,184,000 after purchasing an additional 77,440 shares during the period. Edgestream Partners L.P. increased 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 valued at $2,433,000 after purchasing an additional 32,871 shares during the period. Amundi bought a new stake in shares of Gibraltar Industries in the 1st quarter valued at about $239,000. Finally, Quantinno Capital Management LP lifted its position 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 worth $1,543,000 after purchasing an additional 20,449 shares during the period. 98.39% of the stock is currently owned by hedge funds and other institutional investors.

About Gibraltar Industries

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.