GCP Applied Technologies Company Profile (NYSE:GCP)

GCP Applied Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "GCP."

GCP Applied Technologies Inc. (NYSE:GCP) released its quarterly earnings results on Thursday, August, 3rd. The company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.01. The business had revenue of $287.20 million for the quarter, compared to the consensus estimate of $309.70 million. GCP Applied Technologies had a negative return on equity of 44.32% and a net margin of 0.26%. The firm's revenue for the quarter was up 1.1% compared to the same quarter last year. View GCP Applied Technologies' Earnings History.

GCP Applied Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for GCP Applied Technologies.

GCP Applied Technologies issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $0.71-0.88 for the period, compared to the Thomson Reuters consensus estimate of $0.79.

4 analysts have issued twelve-month price objectives for GCP Applied Technologies' stock. Their forecasts range from $32.00 to $37.00. On average, they anticipate GCP Applied Technologies' stock price to reach $35.50 in the next twelve months. View Analyst Ratings for GCP Applied Technologies.

Here are some recent quotes from research analysts about GCP Applied Technologies stock:

• 1. According to Zacks Investment Research, "GCP Applied Technologies Inc. offer specialty construction chemicals and building materials as well as packaging technologies. GCP Applied Technologies Inc. is headquatered Cambridge, Massachusetts. " (8/2/2017)
• 2. Seaport Global Securities analysts commented, "We are initiating coverage of GCP Applied Technologies (GCP), which is a global leader in specialty cement and concrete chemicals, building materials, and packaging sealants and coatings. We have a positive view on global construction trends, and GCP should benefit from secular trends including higher building standards and energy efficiency. GCP's market-leading positions are driven by performance and technology, with its products being specified for some of the most complex projects in the world. Strong customer relationships, technical service, and innovation that provides value to the customer bolster our view that GCP can expand on its market leadership. In most cases GCP's products account for a small portion of the customer's end product, but are essential to performance, with a high cost for failure. GCP's capital-light model produces solid free cash flow, and allows the company to maintain margin performance in cyclical downturns. Packaging coatings are a slow-growth but defensive market in which GCP should leverage its market-leading position in sealants and benefit from emerging market growth. We view GCP as a solid addition to our coatings and building materials coverage, particularly at a time when infrastructure spending is expected to increase. We find GCP shares attractively valued at 9.4x EBITDA, below the midpoint of our assumed 8.5x-11.5x trading range, which reflects some near-term weakness that should give way to better growth beginning in Q2:17. We initiate coverage with a Buy rating and $32 price target." (1/20/2017)

Some companies that are related to GCP Applied Technologies include CalAtlantic Group (CAA), USG Corporation (USG), EMCOR Group (EME), Rayonier (RYN), Louisiana-Pacific Corporation (LPX), MasTec (MTZ), Floor & Decor Holdings (FND), Summit Materials (SUM), JELD-WEN Holding (JELD), Norbord (OSB), Dycom Industries (DY), Armstrong World Industries (AWI), ABM Industries Incorporated (ABM), Trex Company (TREX), KBR (KBR), TopBuild Corp. (BLD), Simpson Manufacturing Company (SSD) and TRI Pointe Group (TPH).

GCP Applied Technologies' management team includes the folowing people:

• Ronald C. Cambre, Non-Executive Independent Chairman of the Board
• Gregory E. Poling, President, Chief Executive Officer and Director
• Dean P. Freeman, Chief Financial Officer and Vice President
• Kevin R. Holland, Chief Human Resource Officer, Vice President
• John W. Kapples, Vice President, General Counsel and Secretary
• Gerald G. Colella, Director
• Marcia J. Avedon Ph.D., Independent Director
• Janice K. Henry, Independent Director
• Phillip J. Mason, Independent Director
• Elizabeth A. Mora, Independent Director

GCP Applied Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.98%), BlackRock Inc. (6.35%), Iridian Asset Management LLC CT (5.71%), JPMorgan Chase & Co. (4.00%), Cramer Rosenthal Mcglynn LLC (2.63%) and State Street Corp (2.27%). Company insiders that own GCP Applied Technologies stock include Danny R Shepherd, Gregory E Poling and Phillip J Mason. View Institutional Ownership Trends for GCP Applied Technologies.

GCP Applied Technologies' stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, MARSHALL WACE ASIA Ltd, Teachers Advisors LLC, Prudential Financial Inc., Renaissance Technologies LLC, Vanguard Group Inc., Los Angeles Capital Management & Equity Research Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for GCP Applied Technologies.

GCP Applied Technologies' stock was bought by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Cramer Rosenthal Mcglynn LLC, York Capital Management Global Advisors LLC, First Eagle Investment Management LLC, Gamco Investors INC. ET AL, FMR LLC, State Street Corp and Bodenholm Capital AB. Company insiders that have bought GCP Applied Technologies stock in the last two years include Danny R Shepherd and Phillip J Mason. View Insider Buying and Selling for GCP Applied Technologies.

Shares of GCP Applied Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GCP Applied Technologies stock can currently be purchased for approximately $28.95.