Gibraltar Industries (NASDAQ:ROCK) Stock Price Down 5.7% – Time to Sell?

Shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) fell 5.7% during mid-day trading on Wednesday . The company traded as low as $39.74 and last traded at $39.1610. 68,366 shares changed hands during trading, a decline of 80% from the average session volume of 340,328 shares. The stock had previously closed at $41.53.

Analyst Ratings Changes

A number of research firms recently weighed in on ROCK. Weiss Ratings restated a “sell (d+)” rating on shares of Gibraltar Industries in a research note on Monday, December 29th. Zacks Research cut Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Gibraltar Industries Price Performance

The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of -25.09, a price-to-earnings-growth ratio of 0.67 and a beta of 1.35. The firm’s 50-day simple moving average is $44.37 and its two-hundred day simple moving average is $51.93.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $0.76 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 business had revenue of $268.69 million for the quarter, compared to analyst estimates of $265.13 million. During the same quarter in the previous year, the company earned $1.01 EPS. The company’s quarterly revenue was up 16.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, analysts expect that Gibraltar Industries, Inc. will post 4.91 EPS for the current fiscal year.

Insider Buying and Selling at Gibraltar Industries

In other Gibraltar Industries news, CEO William T. Bosway acquired 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average cost of $41.37 per share, for a total transaction of $41,370.00. Following the transaction, the chief executive officer directly owned 230,585 shares of the company’s stock, valued at approximately $9,539,301.45. This represents a 0.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director James S. Metcalf acquired 12,444 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average cost of $40.35 per share, for a total transaction of $502,115.40. Following the completion of the purchase, the director owned 15,500 shares in the company, valued at $625,425. The trade was a 407.20% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 19,444 shares of company stock worth $775,070 in the last three months. 0.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Gibraltar Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. grew its position in shares of Gibraltar Industries by 16.8% in the second quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock valued at $79,000 after purchasing an additional 194 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in 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 in the last quarter. Cascade Investment Advisors Inc. lifted its stake in Gibraltar Industries by 1.1% in the 4th quarter. Cascade Investment Advisors Inc. now owns 19,330 shares of the construction company’s stock valued at $956,000 after buying an additional 205 shares in the last quarter. Gabelli Funds LLC grew its holdings in Gibraltar Industries by 0.6% during the 4th quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company’s stock valued at $1,777,000 after buying an additional 208 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in Gibraltar Industries by 1.6% during the 4th quarter. State of Alaska Department of Revenue now owns 16,702 shares of the construction company’s stock valued at $825,000 after buying an additional 267 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 (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.