How have GIC shares performed this year?

Global Industrial's stock was trading at $38.84 at the start of the year. Since then, GIC shares have decreased by 7.6% and is now trading at $35.87. View the best growth stocks for 2024 here .

How were Global Industrial's earnings last quarter?

Global Industrial (NYSE:GIC) announced its quarterly earnings results on Tuesday, April, 30th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.04. The company earned $323.40 million during the quarter, compared to analyst estimates of $322.27 million. Global Industrial had a trailing twelve-month return on equity of 28.39% and a net margin of 5.34%.

Who are Global Industrial's major shareholders?

Global Industrial's top institutional shareholders include Bank of New York Mellon Corp (0.52%). Insiders that own company stock include Bruce Leeds, Thomas Axmacher, Donna Fielding , Robert Leeds , Barry Litwin and Richard Leeds . View institutional ownership trends .

How do I buy shares of Global Industrial?

Shares of GIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GIC

Global Industrial (GIC) Stock Price, News & Analysis

$35.87

+0.80 (+2.28%)

(As of 07/26/2024 ET)

Compare

Today's Range: $35.12
▼
$35.98
50-Day Range: $30.20
▼
$35.87
52-Week Range: $27.95
▼
$46.97

Volume: 59,137 shs
Average Volume: 81,902 shs
Market Capitalization: $1.37 billion

P/E Ratio: 19.49
Dividend Yield: 2.79%
Price Target: N/A

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Global Industrial MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
3.69% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.45
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 18.65%
From $1.93 to $2.29 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.58 out of 5 stars

Industrial Products Sector

93rd out of 172 stocks

Industrial Machinery & Equipment Industry

2nd out of 5 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Global Industrial.
Read more about Global Industrial's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
3.69% of the float of Global Industrial has been sold short.
Short Interest Ratio / Days to Cover
Global Industrial has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Global Industrial has recently increased by 1.54%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Global Industrial pays a meaningful dividend of 2.85%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Global Industrial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Global Industrial is 54.35%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Global Industrial will have a dividend payout ratio of 43.67% next year. This indicates that Global Industrial will be able to sustain or increase its dividend.
Read more about Global Industrial's dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GIC.

2.5

News and Social Media Coverage

News Sentiment
Global Industrial has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Global Industrial this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for GIC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
1 people have added Global Industrial to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Global Industrial insiders have not sold or bought any company stock.
Percentage Held by Insiders
65.30% of the stock of Global Industrial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 31.19% of the stock of Global Industrial is held by institutions.
Read more about Global Industrial's insider trading history.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Global Industrial are expected to grow by 18.65% in the coming year, from $1.93 to $2.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Global Industrial is 19.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Global Industrial is 19.49, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.37.
Price to Earnings Growth Ratio
Global Industrial has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Global Industrial has a P/B Ratio of 5.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Global Industrial's valuation and earnings.

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About Global Industrial Stock (NYSE:GIC)

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials. The company offers industrial and MRO products under the Global, GlobalIndustrial.com, Nexel, Paramount, Interion, and Absocold trademarks. It serves businesses; state, local, and private educational organizations; and government entities through relationship marketers, e-commerce sites, signature campaigns, and catalogs. The company was formerly known as Systemax Inc. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.

GIC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GIC Stock News Headlines

July 25 at 10:32 AM | ft.com

FirstFT: Tesla profits slip as Elon Musk delays ‘robotaxi’ launch

July 25 at 10:32 AM | bloomberg.com

Singapore’s GIC Reports Smallest Exposure to Asia Since 2010

July 26, 2024 | Porter & Company (Ad)

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July 25 at 10:32 AM | wsj.com

GIC Housing Finance Ltd.

July 10, 2024 | seekingalpha.com

Global Industrial Company Focuses On Cost Structure And E-Channels

July 3, 2024 | fool.com

1 Magnificent Dividend Stock Down 33% to Buy and Hold Forever

May 29, 2024 | bizjournals.com

Utility Global Inc. completes part of $120 million funding round after Houston expansion

May 14, 2024 | finanznachrichten.de

Global Industrial Company: Global Industrial Introduces its Largest Air Scrubber and Negative Air Machine

July 26, 2024 | Porter & Company (Ad)

Nvidia insiders dumping shares

May 2, 2024 | tmcnet.com

Guidehouse Insights Estimates Global Market for Sustainable Manufacturing Will Grow to More Than $150 Billion by 2033

May 2, 2024 | finance.yahoo.com

Global Industrial First Quarter 2024 Earnings: EPS Misses Expectations

May 1, 2024 | msn.com

Global Industrial declares $0.25 dividend

May 1, 2024 | finance.yahoo.com

Global Industrial Co (GIC) (Q1 2024) Earnings Call Transcript Highlights: Strong Revenue Growth ...

April 30, 2024 | investorplace.com

GIC Stock Earnings: Global Industrial Misses EPS, Beats Revenue for Q1 2024

April 30, 2024 | finance.yahoo.com

Global Industrial Co Reports Q1 2024 Results: A Detailed Analysis

April 28, 2024 | forbes.com

Best 1-Year GIC Rates April 2024

April 27, 2024 | forbes.com

Best Short-Term GIC Rates In Canada For April 2024

April 21, 2024 | msn.com

Ducab Metals Business Strengthens Global Position With GIC Magnet Acquisition, Projecting An Additional USD 40.5 Million In Revenue

See More Headlines

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Company Calendar

Last Earnings: 4/30/2024
Ex-Dividend for 5/20 Dividend: 5/10/2024
Dividend Payable: 5/20/2024
Today: 7/26/2024
Next Earnings (Confirmed): 7/30/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Industrial Products
Industry: Industrial machinery & equipment
Sub-Industry: N/A
Current Symbol: NYSE:GIC
CUSIP: N/A
CIK: 945114
Web: www.globalindustrial.com
Phone: (516) 608-7000
Fax: 516-608-7001
Employees: 1,870
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.84
Trailing P/E Ratio: 19.39
Forward P/E Ratio: 18.49
P/E Growth: 1.1
Net Income: $70.70 million
Net Margins: 5.34%
Pretax Margin: 7.16%
Return on Equity: 28.39%
Return on Assets: 13.35%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.91
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $1.27 billion
Price / Sales: 1.07
Cash Flow: $2.12 per share
Price / Cash Flow: 16.80
Book Value: $6.70 per share
Price / Book: 5.33

Miscellaneous

Outstanding Shares: 38,180,000
Free Float: 13,249,000
Market Cap: $1.36 billion
Optionable: Optionable
Beta: 0.85

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Key Executives

Mr. Richard B. Leeds (Age 64)
Executive Chairman
Comp: $980k
Mr. Barry Litwin (Age 57)
CEO & Director
Comp: $1.68M
Mr. Bruce Leeds (Age 68)
Vice Chairman
Comp: $980k
Mr. Robert Leeds (Age 68)
Vice Chairman
Comp: $980k
Mr. Thomas Eugene Clark (Age 42)
Senior VP & CFO
Comp: $741.41k
Mr. Manoj Shetty (Age 63)
Senior VP & Chief Information Officer
Comp: $736.57k
Ms. Claudia Hughes (Age 55)
Senior VP & Chief Sales Officer
Comp: $635.99k
Ms. Adina G. Storch Esq. (Age 52)
Senior VP, General Counsel & Corporate Secretary
Ms. Donna Fielding (Age 53)
Senior VP & Chief Human Resources Officer
Mr. Norman Kough
Executive Vice President of Netherlands & Sweden

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GIC Stock Analysis - Frequently Asked Questions

How have GIC shares performed this year?: Global Industrial's stock was trading at $38.84 at the start of the year. Since then, GIC shares have decreased by 7.6% and is now trading at $35.87.
View the best growth stocks for 2024 here.
How were Global Industrial's earnings last quarter?: Global Industrial (NYSE:GIC) announced its quarterly earnings results on Tuesday, April, 30th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.04. The company earned $323.40 million during the quarter, compared to analyst estimates of $322.27 million. Global Industrial had a trailing twelve-month return on equity of 28.39% and a net margin of 5.34%.
Who are Global Industrial's major shareholders?: Global Industrial's top institutional shareholders include Bank of New York Mellon Corp (0.52%). Insiders that own company stock include Bruce Leeds, Thomas Axmacher, Donna Fielding, Robert Leeds, Barry Litwin and Richard Leeds.
View institutional ownership trends.
How do I buy shares of Global Industrial?: Shares of GIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.