Gibraltar Industries (NASDAQ:ROCK) Hits New 52-Week Low – What’s Next?

Gibraltar Industries, Inc. (NASDAQ:ROCK) reached 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. The stock had previously closed at $39.20.

Analyst Upgrades and Downgrades

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

Gibraltar Industries Price Performance

The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of -24.61, a PEG ratio of 0.69 and a beta of 1.26. The business has a fifty day moving average of $41.49 and a 200 day moving average of $49.95.

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

Insider Transactions at Gibraltar Industries

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

Institutional Trading of Gibraltar Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted 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 worth $25,000 after purchasing an additional 360 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings 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 valued at $25,000 after buying an additional 444 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Gibraltar Industries by 73.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after buying an additional 203 shares during the period. Advisory Services Network LLC acquired a new position in Gibraltar Industries during the 3rd quarter worth about $38,000. Finally, Kestra Advisory Services LLC acquired a new position in Gibraltar Industries during the 4th quarter worth 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.