Gibraltar Industries (NASDAQ:ROCK) Earns Buy Rating from Analysts at Longbow Research

Equities researchers at Longbow Research initiated coverage on shares of Gibraltar Industries (NASDAQ:ROCK) in a research note issued to investors on Tuesday, MarketBeat reports. The firm set a “buy” rating on the construction company’s stock.

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

Gibraltar Industries Trading Up 0.2%

Shares of NASDAQ ROCK traded up $0.07 during mid-day trading on Tuesday, reaching $43.99. 12,554 shares of the company’s stock were exchanged, compared to its average volume of 359,428. The company’s 50-day moving average is $39.47 and its 200-day moving average is $44.41. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of -9.89, a PEG ratio of 0.77 and a beta of 1.21. Gibraltar Industries has a 52-week low of $33.56 and a 52-week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last released its earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share 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 firm had revenue of $356.29 million during the quarter, compared to analyst estimates of $350.15 million. During the same period in the prior year, the firm earned $0.95 earnings per share. The business’s revenue was up 44.6% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Analysts expect that Gibraltar Industries will post 3.8 EPS for the current fiscal year.

Insiders Place Their Bets

In other Gibraltar Industries news, CEO William T. Bosway purchased 19,735 shares of the firm’s 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 owned 250,320 shares in the company, valued at $9,371,980.80. This trade represents a 8.56% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Katherine Bolanowski acquired 1,400 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average price of $35.63 per share, for a total transaction of $49,882.00. Following the purchase, the vice president directly owned 17,389 shares of the company’s stock, valued at approximately $619,570.07. This trade represents a 8.76% 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 bought 22,135 shares of company stock valued at $823,380. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ROCK. Royal Bank of Canada raised its position in shares of Gibraltar Industries by 7.3% in the first quarter. Royal Bank of Canada now owns 12,879 shares of the construction company’s stock valued at $756,000 after purchasing an additional 875 shares during the period. Jones Financial Companies Lllp bought a new stake in shares of Gibraltar Industries in the 1st quarter worth about $248,000. Goldman Sachs Group Inc. boosted its stake in Gibraltar Industries by 26.5% in the first quarter. Goldman Sachs Group Inc. now owns 194,359 shares of the construction company’s stock worth $11,401,000 after purchasing an additional 40,656 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Gibraltar Industries by 12.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,935 shares of the construction company’s stock valued at $5,100,000 after purchasing an additional 9,354 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Gibraltar Industries by 150.5% during the 1st quarter. Jane Street Group LLC now owns 102,703 shares of the construction company’s stock worth $6,025,000 after buying an additional 61,702 shares in the last quarter. 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.