Gibraltar Industries (NASDAQ:ROCK) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Gibraltar Industries, Inc. (NASDAQ:ROCK)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $44.56 and traded as high as $45.70. Gibraltar Industries shares last traded at $45.31, with a volume of 402,312 shares trading hands.

Analyst Upgrades and Downgrades

Several research firms recently commented on ROCK. Zacks Research upgraded Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Weiss Ratings reissued a “sell (d)” rating on shares of Gibraltar Industries in a report on Friday, May 29th. Finally, Seaport Research Partners reissued a “buy” rating and issued a $55.00 price target on shares of Gibraltar Industries in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Gibraltar Industries Stock Performance

The company has a debt-to-equity ratio of 1.39, a current ratio of 1.41 and a quick ratio of 0.87. The stock has a market cap of $1.34 billion, a P/E ratio of -10.18, a PEG ratio of 0.79 and a beta of 1.21. The company has a fifty day moving average of $39.22 and a 200 day moving average of $44.56.

Gibraltar Industries (NASDAQ:ROCK) last released its earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). The firm had revenue of $356.29 million for the quarter, compared to analyst estimates of $350.15 million. Gibraltar Industries had a positive return on equity of 10.86% and a negative net margin of 10.68%.Gibraltar Industries’s revenue was up 44.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.95 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, equities analysts predict that Gibraltar Industries, Inc. will post 3.8 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Joseph A. Lovechio bought 1,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of $34.62 per share, with a total value of $34,620.00. Following the completion of the transaction, the chief financial officer directly owned 13,390 shares in the company, valued at approximately $463,561.80. The trade was a 8.07% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Katherine Bolanowski acquired 1,400 shares of the stock in a transaction on Thursday, May 21st. The shares were purchased at an average price of $35.63 per share, for a total transaction of $49,882.00. Following the completion of the transaction, the vice president owned 17,389 shares in the company, valued at approximately $619,570.07. This represents a 8.76% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 22,135 shares of company stock worth $823,380 in the last three months. 0.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Gibraltar Industries

Institutional investors have recently bought and sold shares of the business. Hantz Financial Services Inc. lifted its position in shares of Gibraltar Industries by 240.0% in the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock worth $25,000 after purchasing an additional 360 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Gibraltar Industries by 822.2% during 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 during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Gibraltar Industries by 73.0% during 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 during the period. Advisory Services Network LLC acquired a new stake in Gibraltar Industries during the third quarter valued at $38,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Gibraltar Industries during the 4th quarter valued at about $39,000. 98.39% of the stock is currently owned by institutional investors and hedge funds.

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.