Q2 EPS Estimate for Global Industrial Raised by Analyst

Global Industrial Company (NYSE:GIC) – Equities research analysts at Sidoti upped their Q2 2027 earnings per share (EPS) estimates for Global Industrial in a note issued to investors on Wednesday, August 5th. Sidoti analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.70 for the quarter, up from their previous forecast of $0.68. The consensus estimate for Global Industrial’s current full-year earnings is $1.89 per share. Sidoti also issued estimates for Global Industrial’s Q4 2027 earnings at $0.53 EPS and FY2027 earnings at $2.35 EPS.

Other research analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Global Industrial from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings upgraded shares of Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Global Industrial Stock Performance

Global Industrial stock opened at $38.56 on Thursday. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 1.24 and a beta of 0.75. Global Industrial has a 52-week low of $26.40 and a 52-week high of $40.26. The stock’s 50 day moving average price is $33.34 and its two-hundred day moving average price is $32.17.

Global Industrial (NYSE:GIC) last issued its earnings results on Tuesday, August 4th. The company reported $0.54 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.54. Global Industrial had a return on equity of 21.94% and a net margin of 6.06%.The business had revenue of $386.60 million during the quarter, compared to the consensus estimate of $377.40 million.

Global Industrial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 17th will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 17th. Global Industrial’s dividend payout ratio is 58.03%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GIC. New York State Teachers Retirement System bought a new stake in shares of Global Industrial during the fourth quarter valued at approximately $38,000. Advisors Asset Management Inc. lifted its holdings in shares of Global Industrial by 234.9% in the 4th quarter. Advisors Asset Management Inc. now owns 2,502 shares of the company’s stock worth $73,000 after purchasing an additional 1,755 shares in the last quarter. State of Wyoming acquired a new stake in Global Industrial in the 2nd quarter valued at $117,000. State of Alaska Department of Revenue grew its position in Global Industrial by 111.4% in the 4th quarter. State of Alaska Department of Revenue now owns 4,562 shares of the company’s stock valued at $133,000 after purchasing an additional 2,404 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in Global Industrial in the 3rd quarter valued at $234,000. Institutional investors own 31.19% of the company’s stock.

More Global Industrial News

Here are the key news stories impacting Global Industrial this week:

• Positive Sentiment: Revenue exceeded expectations. Global Industrial reported second-quarter revenue of $386.6 million, above the $377.4 million analyst consensus and up from $358.9 million a year earlier. Gross profit rose to $155.4 million, while gross margin expanded to 40.2% from 37.1%. Global Industrial Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Analysts raised future earnings estimates. Sidoti increased its Q2 2027 EPS forecast to $0.70 from $0.68, its Q4 2027 forecast to $0.53 from $0.52, and its full-year 2027 estimate to $2.35 from $2.33. The revisions suggest improved confidence in the company’s growth outlook. Global Industrial analyst estimates
• Positive Sentiment: Dividend supports shareholder returns. The company declared a quarterly dividend of $0.28 per share, payable August 24 to shareholders of record August 17. The ex-dividend date is August 17.
• Neutral Sentiment: Quarterly EPS met, rather than exceeded, forecasts. Adjusted earnings of $0.54 per share matched consensus but declined from $0.65 a year earlier, leaving investors focused on whether revenue growth and margin expansion can translate into stronger profitability. Global Industrial Meets Q2 Earnings Estimates
• Negative Sentiment: Valuation warrants caution. Commentary following the earnings release characterized the recent advance as potentially limiting the near-term upside, suggesting some investors may wait for additional evidence that projected growth justifies the higher share price. Global Industrial’s Pop Is Great, But Not A Reason To Jump In

Global Industrial Company Profile

Global Industrial Company (NYSE: GIC) is a leading business-to-business distributor of industrial products and equipment. Headquartered in Port Washington, New York, the company provides a comprehensive range of products to support manufacturing, warehousing, and facility maintenance operations across North America. Through a digital-first platform, Global Industrial combines e-commerce, direct sales and catalog-based ordering channels to serve a diverse commercial customer base.

The company’s product portfolio encompasses material handling solutions (including conveyors, pallet racks and hoists), storage and shelving systems, janitorial and sanitation supplies, packaging and shipping materials, and office furniture.