Gibraltar Industries (NASDAQ:ROCK) Shares Up 6.9% – Should You Buy?

Shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) traded up 6.9% during trading on Thursday. The stock traded as high as $39.48 and last traded at $39.2250. 149,510 shares changed hands during trading, a decline of 57% from the average daily volume of 347,029 shares. The stock had previously closed at $36.68.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ROCK. Weiss Ratings reiterated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Wednesday, August 26th. Longbow Research initiated coverage on Gibraltar Industries in a report on Tuesday, July 7th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Gibraltar Industries Stock Down 3.5%

The company has a current ratio of 1.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.37. The stock has a market cap of $1.12 billion, a P/E ratio of -7.52, a PEG ratio of 0.68 and a beta of 1.24. The firm has a 50-day simple moving average of $43.43 and a two-hundred day simple moving average of $41.77.

Gibraltar Industries (NASDAQ:ROCK) last posted its earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.09. The company had revenue of $509.55 million during the quarter, compared to the consensus estimate of $472.09 million. Gibraltar Industries had a positive return on equity of 11.23% and a negative net margin of 10.43%. The company’s revenue was down 100.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.13 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Equities research analysts expect that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Gibraltar Industries in the second quarter valued at approximately $221,886,000. Dimensional Fund Advisors LP grew its position in Gibraltar Industries by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,705,997 shares of the construction company’s stock worth $68,018,000 after buying an additional 7,251 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Gibraltar Industries during the second quarter worth approximately $44,420,000. First Wilshire Securities Management Inc. grew its position in Gibraltar Industries by 287.7% during the first quarter. First Wilshire Securities Management Inc. now owns 499,923 shares of the construction company’s stock worth $19,932,000 after buying an additional 370,985 shares in the last quarter. Finally, Segall Bryant & Hamill LLC increased its stake 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 worth $17,184,000 after acquiring an additional 77,440 shares during the period. Institutional investors and hedge funds own 98.39% of the company’s stock.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc is a manufacturer of products and solutions for the renewable energy, infrastructure, residential, and agricultural technology markets. The company designs and produces equipment and components used in utility-scale and distributed solar installations, including mounting systems, electrical balance-of-system products, and related structures.

Through its infrastructure businesses, Gibraltar supplies products for highway, bridge, utility, and industrial applications.