Gibraltar Industries (NASDAQ:ROCK) Stock Jumps 6.9% – Should You Buy?

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

Wall Street Analyst Weigh In

ROCK has been the subject of a number of research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Gibraltar Industries in a report on Wednesday, August 26th. Longbow Research started coverage on shares of Gibraltar Industries in a report on Tuesday, July 7th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Gibraltar Industries presently has a consensus rating of “Moderate Buy”.

Gibraltar Industries Stock Performance

The firm’s 50-day simple moving average is $43.91 and its two-hundred day simple moving average is $41.81. The company has a market cap of $1.15 billion, a PE ratio of -7.63, a P/E/G ratio of 0.64 and a beta of 1.24. The company has a current ratio of 1.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.37.

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

Institutional Trading of Gibraltar Industries

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in Gibraltar Industries during the 2nd quarter valued at about $221,886,000. Dimensional Fund Advisors LP grew its holdings in shares of 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 valued at $68,018,000 after buying an additional 7,251 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Gibraltar Industries during the 2nd quarter worth about $44,420,000. First Wilshire Securities Management Inc. raised its stake 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 acquiring an additional 370,985 shares in the last quarter. Finally, Segall Bryant & Hamill LLC boosted its stake in shares of Gibraltar Industries by 21.9% in the 1st quarter. Segall Bryant & Hamill LLC now owns 430,995 shares of the construction company’s stock valued at $17,184,000 after purchasing an additional 77,440 shares during the last quarter. 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.