Gibraltar Industries (NASDAQ:ROCK) Reaches New 52-Week Low – Should You Sell?

Gibraltar Industries, Inc. (NASDAQ:ROCK)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $37.10 and last traded at $37.17, with a volume of 52215 shares trading hands. The stock had previously closed at $39.20.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Gibraltar Industries Price Performance

The firm’s fifty day moving average price is $40.96 and its 200-day moving average price is $49.55. The firm has a market capitalization of $1.12 billion, a P/E ratio of -25.27, a PEG ratio of 0.68 and a beta of 1.26.

Gibraltar Industries (NASDAQ:ROCK) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.02. The business had revenue of $268.69 million during the quarter, compared to analysts’ expectations of $265.13 million. Gibraltar Industries had a negative net margin of 3.76% and a positive return on equity of 12.05%. The business’s revenue was up 16.0% on a year-over-year basis. During the same period last year, the firm posted $1.01 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Analysts expect that Gibraltar Industries, Inc. will post 3.77 earnings per share for the current year.

Insider Activity at Gibraltar Industries

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

Institutional Investors Weigh In On Gibraltar Industries

Several large investors have recently modified their holdings of ROCK. Hantz Financial Services Inc. boosted its stake in shares of Gibraltar Industries by 240.0% during 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. Caitong International Asset Management Co. Ltd boosted its stake in shares of Gibraltar Industries by 822.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after acquiring an additional 444 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Gibraltar Industries by 73.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after acquiring an additional 203 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Gibraltar Industries during the 3rd quarter worth $38,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Gibraltar Industries during the 4th quarter worth $39,000. 98.39% of the stock is owned by institutional investors.

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.