GCP Applied Technologies Inc (NYSE:GCP) Director Danny R. Shepherd bought 2,388 shares of the company’s stock in a transaction on Monday, March 12th. The stock was purchased at an average price of $31.35 per share, with a total value of $74,863.80. Following the completion of the transaction, the director now directly owns 12,768 shares of the company’s stock, valued at approximately $400,276.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
GCP Applied Technologies Inc (GCP) opened at $31.55 on Tuesday. GCP Applied Technologies Inc has a 1 year low of $27.25 and a 1 year high of $34.79. The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.09 and a current ratio of 2.31. The stock has a market capitalization of $2,243.94, a PE ratio of 49.52, a PEG ratio of 1.87 and a beta of 1.22.
GCP Applied Technologies (NYSE:GCP) last issued its quarterly earnings data on Tuesday, February 27th. The construction company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.01. GCP Applied Technologies had a return on equity of 23.54% and a net margin of 51.03%. The company had revenue of $289.50 million during the quarter, compared to the consensus estimate of $292.85 million. During the same period last year, the company earned $0.18 earnings per share. The firm’s revenue was up 10.7% compared to the same quarter last year. research analysts predict that GCP Applied Technologies Inc will post 0.93 EPS for the current fiscal year.
Several equities analysts have commented on the company. Zacks Investment Research downgraded GCP Applied Technologies from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 1st. TheStreet upgraded GCP Applied Technologies from a “d+” rating to a “c” rating in a research report on Friday, November 24th. Finally, KeyCorp reiterated an “overweight” rating and issued a $35.00 target price (down from $37.00) on shares of GCP Applied Technologies in a research report on Wednesday, February 28th.
GCP Applied Technologies Company Profile
GCP Applied Technologies Inc produces and sells specialty construction chemicals, specialty building materials, and packaging sealants and coatings. The Company operates through two segments: Specialty Construction Chemicals and Specialty Building Materials. The Specialty Construction Chemicals segment manufactures and markets products to manage performance of Portland cement, and materials based on Portland cement, such as concrete admixtures and cement additives, as well as concrete production management systems.
Receive News & Ratings for GCP Applied Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCP Applied Technologies and related companies with MarketBeat.com's FREE daily email newsletter.