Gibraltar Industries (NASDAQ:ROCK) Updates FY 2025 Earnings Guidance

Key Points

• Gibraltar Industries has updated its FY 2025 earnings guidance to an EPS of 4.200-4.450, significantly lower than the consensus estimate of 4.893, and is forecasting a revenue of $1.2 billion versus the expected $1.4 billion.
• The company’s stock price fell 4.2%, closing at $59.39, and trading volume was below its average despite being within a 52-week range of $48.96 to $74.97.
• Institutional investments remain strong, with hedge funds owning 98.39% of Gibraltar Industries' stock, highlighting ongoing interest despite recent earnings challenges.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 4.200-4.450 for the period, compared to the consensus earnings per share estimate of 4.893. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.4 billion.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Gibraltar Industries from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd.

Gibraltar Industries Price Performance

ROCK traded down $0.06 on Monday, hitting $58.09. 246,465 shares of the stock were exchanged, compared to its average volume of 242,729. Gibraltar Industries has a 12 month low of $48.96 and a 12 month high of $74.97. The business has a 50-day moving average of $61.54 and a two-hundred day moving average of $60.21. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 0.90 and a beta of 1.32.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The construction company reported $1.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.03). Gibraltar Industries had a net margin of 10.08% and a return on equity of 12.91%. The firm had revenue of $309.50 million during the quarter, compared to analyst estimates of $381.40 million. During the same period in the prior year, the company earned $1.18 EPS. The business's quarterly revenue was up 13.1% compared to the same quarter last year. Equities research analysts expect that Gibraltar Industries will post 4.91 earnings per share for the current fiscal year.

Institutional Trading of Gibraltar Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its holdings in shares of Gibraltar Industries by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 194,359 shares of the construction company's stock worth $11,401,000 after buying an additional 40,656 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Gibraltar Industries by 150.5% during the 1st quarter. Jane Street Group LLC now owns 102,703 shares of the construction company's stock worth $6,025,000 after buying an additional 61,702 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Gibraltar Industries by 12.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,935 shares of the construction company's stock worth $5,100,000 after buying an additional 9,354 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of Gibraltar Industries by 7.3% during the 1st quarter. Royal Bank of Canada now owns 12,879 shares of the construction company's stock worth $756,000 after buying an additional 875 shares in the last quarter. Finally, Jones Financial Companies Lllp bought a new position in shares of Gibraltar Industries during the 1st quarter worth approximately $248,000. Institutional investors and hedge funds own 98.39% of the company's stock.

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.