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

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th. Zacks Research raised Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Seaport Research Partners reissued a “buy” rating and issued a $55.00 target price on shares of Gibraltar Industries in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Gibraltar Industries presently has an average rating of “Hold”.

Gibraltar Industries Stock Performance

The company has a debt-to-equity ratio of 1.39, a current ratio of 1.41 and a quick ratio of 0.87. The business has a 50 day moving average price of $38.75 and a 200 day moving average price of $44.71. The stock has a market capitalization of $1.31 billion, a PE ratio of -9.93, a PEG ratio of 0.76 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.04). The company had revenue of $356.29 million during the quarter, compared to analysts’ expectations of $350.15 million. Gibraltar Industries had a positive return on equity of 10.86% and a negative net margin of 10.68%.Gibraltar Industries’s revenue for the quarter was up 44.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.95 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities research analysts expect that Gibraltar Industries, Inc. will post 3.8 earnings per share for the current year.

Insider Activity at Gibraltar Industries

In related news, VP Katherine Bolanowski purchased 1,400 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of $35.63 per share, with a total value of $49,882.00. Following the acquisition, the vice president directly owned 17,389 shares in the company, valued at $619,570.07. The trade was a 8.76% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William T. Bosway purchased 19,735 shares of Gibraltar Industries stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of $37.44 per share, with a total value of $738,878.40. Following the completion of the purchase, the chief executive officer directly 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. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 22,135 shares of company stock valued at $823,380. 0.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Gibraltar Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. raised its stake in Gibraltar Industries by 240.0% during the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after buying an additional 360 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of 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 buying an additional 444 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Gibraltar Industries by 73.0% in the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after acquiring an additional 203 shares during the period. Advisory Services Network LLC purchased a new stake in Gibraltar Industries during the third quarter valued at $38,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Gibraltar Industries during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 98.39% of the company’s stock.

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.