StockNews.com lowered shares of Gibraltar Industries (NASDAQ:ROCK – Free Report) from a strong-buy rating to a buy rating in a research report report published on Tuesday.
Gibraltar Industries Trading Up 0.4 %
Shares of ROCK stock opened at $65.37 on Tuesday. Gibraltar Industries has a 12 month low of $59.66 and a 12 month high of $87.40. The company has a market capitalization of $1.99 billion, a P/E ratio of 17.34 and a beta of 1.14. The stock has a 50 day moving average of $68.36 and a two-hundred day moving average of $70.67.
Gibraltar Industries (NASDAQ:ROCK – Get Free Report) last issued its earnings results on Wednesday, July 31st. The construction company reported $1.18 EPS for the quarter, missing the consensus estimate of $1.26 by ($0.08). The firm had revenue of $353.00 million during the quarter, compared to the consensus estimate of $373.60 million. Gibraltar Industries had a return on equity of 13.91% and a net margin of 8.49%. The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period last year, the business earned $1.18 earnings per share. Sell-side analysts predict that Gibraltar Industries will post 4.18 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Gibraltar Industries
Gibraltar Industries Company Profile
Gibraltar Industries, Inc manufactures and provides products and services for the renewable energy, residential, agtech, and infrastructure markets in the United States and internationally. It operates through four segments: Renewables, Residential, Agtech, and Infrastructure. The Renewables segment designs, engineers, manufactures, and installs solar racking and electrical balance of systems for commercial and distributed generation scale solar installations.
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