Sidoti Forecasts Global Industrial's Q4 Earnings (NYSE:GIC)

Key Points

• Sidoti cut its Q4 2026 EPS forecast for Global Industrial to $0.38 from $0.42. It estimates FY2027 EPS at $2.30.
• Global Industrial’s latest reported quarter beat analyst expectations: adjusted EPS was $0.64 versus about $0.55 expected, and revenue was $389.5 million versus roughly $385 million.
• The company announced a $1-per-share special dividend, payable November 23 to shareholders of record November 16. Analysts’ average rating is Hold, with a consensus price target of $39.

Global Industrial Company (NYSE:GIC - Free Report) - Investment analysts at Sidoti decreased their Q4 2026 earnings per share (EPS) estimates for shares of Global Industrial in a research report issued on Wednesday, November 4th. Sidoti analyst A. Lebiedzinski now anticipates that the company will post earnings of $0.38 per share for the quarter, down from their prior forecast of $0.42. The consensus estimate for Global Industrial's current full-year earnings is $1.87 per share. Sidoti also issued estimates for Global Industrial's Q2 2027 earnings at $0.68 EPS, Q3 2027 earnings at $0.67 EPS, Q4 2027 earnings at $0.49 EPS, FY2027 earnings at $2.30 EPS, Q1 2028 earnings at $0.50 EPS, Q2 2028 earnings at $0.75 EPS and Q3 2028 earnings at $0.73 EPS.

Global Industrial (NYSE:GIC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. The firm had revenue of $386.60 million during the quarter, compared to the consensus estimate of $377.40 million. Global Industrial had a return on equity of 22.62% and a net margin of 6.31%.

A number of other equities research analysts have also commented on the stock. Freedom Broker started coverage on shares of Global Industrial in a report on Wednesday, October 14th. They set a "hold" rating and a $39.00 price target for the company. Wall Street Zen raised shares of Global Industrial from a "buy" rating to a "strong-buy" rating in a report on Monday. Finally, Weiss Ratings lowered shares of Global Industrial from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, September 25th. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $39.00.

Global Industrial Stock Performance

Shares of Global Industrial stock opened at $47.59 on Thursday. Global Industrial has a 52-week low of $26.40 and a 52-week high of $51.63. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 19.83, a P/E/G ratio of 1.47 and a beta of 0.75. The company's 50 day moving average price is $42.12 and its 200-day moving average price is $35.16.

Institutional Trading of Global Industrial

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Signaturefd LLC raised its stake in Global Industrial by 143.3% in the third quarter. Signaturefd LLC now owns 1,428 shares of the company's stock worth $60,000 after buying an additional 841 shares in the last quarter. State of Wyoming lifted its holdings in Global Industrial by 17.2% in the third quarter. State of Wyoming now owns 7,679 shares of the company's stock worth $322,000 after buying an additional 1,125 shares during the period. Bard Associates Inc. bought a new stake in Global Industrial during the 2nd quarter valued at approximately $67,000. Quantinno Capital Management LP boosted its position in Global Industrial by 9.4% during the 1st quarter. Quantinno Capital Management LP now owns 43,329 shares of the company's stock valued at $1,366,000 after acquiring an additional 3,730 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Global Industrial by 166.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 6,639 shares of the company's stock valued at $278,000 after acquiring an additional 4,147 shares in the last quarter. Hedge funds and other institutional investors own 31.19% of the company's stock.

Insider Activity at Global Industrial

In other news, VP Thomas Axmacher sold 952 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $39.10, for a total transaction of $37,223.20. Following the transaction, the vice president directly owned 6,414 shares of the company's stock, valued at approximately $250,787.40. The trade was a 12.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Claudia Hughes sold 4,753 shares of the company's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $39.78, for a total value of $189,074.34. Following the transaction, the senior vice president owned 32,167 shares of the company's stock, valued at approximately $1,279,603.26. This represents a 12.87% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 7,439 shares of company stock valued at $292,571. Company insiders own 64.51% of the company's stock.

Global Industrial Announces Dividend

The firm also recently disclosed a special dividend, which will be paid on Monday, November 23rd. Shareholders of record on Monday, November 16th will be issued a $1.00 dividend. The ex-dividend date is Monday, November 16th. Global Industrial's dividend payout ratio (DPR) is 50.00%.

Key Stories Impacting Global Industrial

Here are the key news stories impacting Global Industrial this week:

• Positive Sentiment: GIC reported third-quarter adjusted earnings of $0.64 per share, above the roughly $0.55 analyst consensus, and revenue of $389.5 million versus estimates of about $385 million. Earnings also increased from $0.48 per share a year earlier. Q3 earnings and revenue beat estimates
• Positive Sentiment: The company announced a $1-per-share special cash dividend, payable November 23 to shareholders of record November 16. The payout may increase near-term investor interest, though it is a one-time distribution. Dividend announcement
• Positive Sentiment: Management’s earnings-call discussion pointed to profit momentum supported by industry-vertical focus and digital gains, offering potential support for continued growth. Earnings call highlights
• Neutral Sentiment: GIC expects fourth-quarter gross margin to be around last year’s 34.5%. That outlook suggests stability, although management noted transportation costs as a headwind. Q4 gross-margin outlook

Global Industrial Company Profile

Global Industrial Company NYSE: GIC is a distributor of industrial, commercial and business products serving organizations across North America. The company sells products through its e-commerce platforms, catalogs and sales representatives, serving businesses, government agencies, educational institutions and other commercial customers.

Its product offerings include material-handling and storage equipment, shelving, cabinets, workbenches, safety supplies, janitorial and sanitation products, packaging materials, tools, lighting, HVAC equipment, office furniture and other facility-maintenance products.

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