Analysts expect Gibraltar Industries Inc (NASDAQ:ROCK) to post $232.65 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Gibraltar Industries’ earnings. The highest sales estimate is $234.20 million and the lowest is $231.10 million. Gibraltar Industries posted sales of $231.84 million during the same quarter last year, which suggests a positive year over year growth rate of 0.3%. The company is expected to issue its next quarterly earnings results on Friday, February 16th.
According to Zacks, analysts expect that Gibraltar Industries will report full-year sales of $232.65 million for the current year, with estimates ranging from $960.10 million to $963.00 million. For the next fiscal year, analysts expect that the firm will report sales of $1.00 billion per share, with estimates ranging from $993.60 million to $1.01 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Gibraltar Industries.
Gibraltar Industries (NASDAQ:ROCK) last posted its quarterly earnings data on Friday, November 3rd. The construction company reported $0.67 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.11. Gibraltar Industries had a return on equity of 10.77% and a net margin of 3.08%. The company had revenue of $274.57 million during the quarter, compared to analysts’ expectations of $275.80 million. During the same quarter in the previous year, the business earned $0.55 EPS. Gibraltar Industries’s revenue was up .7% compared to the same quarter last year.
Gibraltar Industries (ROCK) traded down $0.30 on Monday, reaching $32.10. The company had a trading volume of 169,100 shares, compared to its average volume of 249,452. Gibraltar Industries has a one year low of $25.61 and a one year high of $45.05. The company has a current ratio of 2.36, a quick ratio of 1.93 and a debt-to-equity ratio of 0.41. The stock has a market cap of $1,010.00, a PE ratio of 34.52 and a beta of 1.77.
A number of large investors have recently made changes to their positions in ROCK. Pzena Investment Management LLC increased its position in Gibraltar Industries by 133.5% during the 3rd quarter. Pzena Investment Management LLC now owns 1,852,838 shares of the construction company’s stock valued at $57,716,000 after buying an additional 1,059,175 shares in the last quarter. Westwood Holdings Group Inc. acquired a new position in shares of Gibraltar Industries in the second quarter valued at about $25,836,000. Aberdeen Asset Management PLC UK increased its holdings in shares of Gibraltar Industries by 56.6% in the second quarter. Aberdeen Asset Management PLC UK now owns 1,739,266 shares of the construction company’s stock valued at $62,005,000 after purchasing an additional 628,640 shares during the period. FMR LLC increased its holdings in shares of Gibraltar Industries by 63.7% in the second quarter. FMR LLC now owns 1,307,993 shares of the construction company’s stock valued at $46,630,000 after purchasing an additional 509,133 shares during the period. Finally, HCSF Management LLC increased its holdings in shares of Gibraltar Industries by 63.8% in the second quarter. HCSF Management LLC now owns 422,404 shares of the construction company’s stock valued at $15,059,000 after purchasing an additional 164,500 shares during the period.
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Gibraltar Industries Company Profile
Gibraltar Industries, Inc is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company’s segments include Residential Products; Industrial and Infrastructure Products, and Renewable Energy and Conservation.
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