Gibraltar Industries (NASDAQ:ROCK) Stock Crosses Above 200-Day Moving Average – Here’s Why

Gibraltar Industries, Inc. (NASDAQ:ROCK) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $44.56 and traded as high as $45.70. Gibraltar Industries shares last traded at $45.31, with a volume of 402,312 shares.

Analyst Upgrades and Downgrades

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

Gibraltar Industries Price Performance

The company has a current ratio of 1.41, a quick ratio of 0.87 and a debt-to-equity ratio of 1.39. The company has a 50 day simple moving average of $39.33 and a two-hundred day simple moving average of $44.51. The firm has a market capitalization of $1.30 billion, a P/E ratio of -9.87, a P/E/G ratio of 0.80 and a beta of 1.21.

Gibraltar Industries (NASDAQ:ROCK) last released its quarterly earnings data 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). Gibraltar Industries had a negative net margin of 10.68% and a positive return on equity of 10.86%. The company had revenue of $356.29 million for the quarter, compared to the consensus estimate of $350.15 million. During the same quarter in the previous 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. On average, equities analysts predict that Gibraltar Industries, Inc. will post 3.8 EPS for the current fiscal year.

Insider Buying and Selling at Gibraltar Industries

In other news, CEO William T. Bosway bought 19,735 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average cost of $37.44 per share, for a total transaction of $738,878.40. Following the completion of the transaction, the chief executive officer owned 250,320 shares of the company’s stock, valued at approximately $9,371,980.80. This represents a 8.56% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Joseph A. Lovechio purchased 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average cost of $34.62 per share, with a total value of $34,620.00. Following the completion of the purchase, the chief financial officer owned 13,390 shares of the company’s stock, valued at $463,561.80. The trade was a 8.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 22,135 shares of company stock valued at $823,380 in the last 90 days. Insiders own 0.90% of the company’s stock.

Institutional Trading of Gibraltar Industries

A number of large investors have recently added to or reduced their stakes in ROCK. EverSource Wealth Advisors LLC boosted its position 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 valued at $28,000 after acquiring an additional 203 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its position in Gibraltar Industries by 822.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after purchasing an additional 444 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Gibraltar Industries by 240.0% during the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after purchasing an additional 360 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Gibraltar Industries during the third quarter valued at $38,000. Finally, Kestra Advisory Services LLC bought a new position in Gibraltar Industries during the fourth quarter valued at $39,000. Institutional investors own 98.39% of the company’s stock.

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.