Gibraltar Industries (NASDAQ:ROCK) Hits New 52-Week Low – Here’s Why

Gibraltar Industries, Inc. (NASDAQ:ROCK)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $37.61 and last traded at $38.0680, with a volume of 15039 shares traded. The stock had previously closed at $38.29.

Wall Street Analysts Forecast Growth

ROCK has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Gibraltar Industries in a research note on Monday, December 29th. CJS Securities upgraded Gibraltar Industries to a “strong-buy” rating in a research note on Thursday, December 11th. Finally, Zacks Research cut Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. One investment 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 company currently has a consensus rating of “Hold”.

Gibraltar Industries Trading Down 0.4%

The stock’s fifty day moving average price is $46.28 and its two-hundred day moving average price is $53.02. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of -25.41, a price-to-earnings-growth ratio of 0.69 and a beta of 1.35.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. Gibraltar Industries had a negative net margin of 3.76% and a positive return on equity of 12.05%. The business had revenue of $268.69 million for the quarter, compared to analyst estimates of $265.13 million. During the same period last year, the business earned $1.01 EPS. The company’s 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. Analysts anticipate that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current fiscal year.

Insider Transactions at Gibraltar Industries

In other Gibraltar Industries news, Director James S. Metcalf acquired 12,444 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were acquired at an average price of $40.35 per share, for a total transaction of $502,115.40. Following the acquisition, the director owned 15,500 shares in the company, valued at $625,425. The trade was a 407.20% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO William T. Bosway acquired 4,500 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was acquired at an average price of $38.29 per share, for a total transaction of $172,305.00. Following the acquisition, the chief executive officer owned 228,085 shares in the company, valued at approximately $8,733,374.65. The trade was a 2.01% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 19,444 shares of company stock worth $775,070. Company insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ROCK. Hantz Financial Services Inc. boosted its holdings in shares of Gibraltar Industries by 240.0% in the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after buying an additional 360 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted 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 in the last quarter. EverSource Wealth Advisors LLC lifted 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 purchasing an additional 203 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Gibraltar Industries in the 3rd quarter valued at about $38,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Gibraltar Industries in the 4th quarter valued at about $39,000. Institutional investors and hedge funds 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.