Gibraltar Industries, Inc. manufactures and distributes building products for the renewable energy, residential, agtech, and infrastructure markets in North America and Asia. 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. The Residential segment offers roof and foundation ventilation products and accessories, such as solar powered units; mail and electronic package solutions, including single mailboxes, cluster style mail and parcel boxes for single and multi-family housing, and electronic package locker systems; roof edgings and flashings; soffits and trims; drywall corner beads; metal roofing products and accessories; rain dispersion products comprising gutters and accessories; and exterior retractable awnings. This segment also provides electronic parcel lockers, rooftop safety kits, chimney caps, heat trace coils and exterior products, remote-controlled deck awnings for sun protection, and solar-powered ventilation products. The Agtech segment offers growing and processing solutions, including the designing, engineering, manufacturing, and installation of greenhouses; and botanical extraction systems. The Infrastructure segment offers expansion joints, structural bearings, rubber pre-formed seals and other sealants, elastomeric concrete, and bridge cable protection systems. It serves solar developers, institutional and commercial growers of food and plants, home improvement retailers, wholesalers, distributors, and contractors. Gibraltar Industries, Inc. was founded in 1972 and is headquartered in Buffalo, New York.
Gibraltar Industries Stock Up 3.5 %
Shares of ROCK Stock opened at $46.70 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.74 and a quick ratio of 1.09. Gibraltar Industries has a one year low of $36.86 and a one year high of $79.40. The company's fifty day moving average price is $42.40 and its 200-day moving average price is $44.20. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 18.83 and a beta of 1.14.
Gibraltar Industries (NASDAQ:ROCK - Get Rating) last posted its quarterly earnings results on Wednesday, August 3rd. The construction company reported $0.96 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.16. Gibraltar Industries had a return on equity of 12.07% and a net margin of 5.88%. The business had revenue of $366.90 million for the quarter, compared to analysts' expectations of $364.43 million. During the same period last year, the firm earned $0.80 earnings per share. The business's quarterly revenue was up 5.3% on a year-over-year basis. Sell-side analysts expect that Gibraltar Industries will post 3.3 EPS for the current fiscal year.
Insider Transactions at Gibraltar Industries
In related news, Director Linda Kristine Myers bought 1,600 shares of the business's stock in a transaction that occurred on Friday, May 20th. The stock was bought at an average cost of $38.16 per share, with a total value of $61,056.00. Following the completion of the purchase, the director now owns 12,683 shares of the company's stock, valued at approximately $483,983.28. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.40% of the company's stock.