Seaport Res Ptn Has Pessimistic Outlook of ROCK Q4 Earnings

Gibraltar Industries, Inc. (NASDAQ:ROCK) – Equities researchers at Seaport Res Ptn reduced their Q4 2024 earnings per share (EPS) estimates for shares of Gibraltar Industries in a note issued to investors on Monday, October 14th. Seaport Res Ptn analyst W. Liptak now forecasts that the construction company will post earnings of $0.94 per share for the quarter, down from their previous estimate of $1.23. The consensus estimate for Gibraltar Industries’ current full-year earnings is $4.18 per share. Seaport Res Ptn also issued estimates for Gibraltar Industries’ Q2 2025 earnings at $1.35 EPS and Q4 2025 earnings at $1.10 EPS.

Gibraltar Industries (NASDAQ:ROCK) last posted its quarterly earnings data on Wednesday, July 31st. The construction company reported $1.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.26 by ($0.08). The firm had revenue of $353.00 million during the quarter, compared to analysts’ expectations of $373.60 million. Gibraltar Industries had a net margin of 8.49% and a return on equity of 13.91%. Gibraltar Industries’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.18 EPS.

Separately, StockNews.com upgraded Gibraltar Industries from a “buy” rating to a “strong-buy” rating in a report on Monday.

Gibraltar Industries Trading Down 0.3 %

ROCK stock opened at $67.18 on Wednesday. The company has a market capitalization of $2.05 billion, a PE ratio of 17.82 and a beta of 1.14. Gibraltar Industries has a 12-month low of $59.66 and a 12-month high of $87.40. The business’s fifty day moving average price is $68.21 and its 200 day moving average price is $71.11.

Institutional Investors Weigh In On Gibraltar Industries

Large investors have recently bought and sold shares of the stock. Innealta Capital LLC purchased a new stake in Gibraltar Industries during the 2nd quarter worth about $39,000. GAMMA Investing LLC increased its holdings in Gibraltar Industries by 30.6% during the 3rd quarter. GAMMA Investing LLC now owns 725 shares of the construction company’s stock worth $51,000 after purchasing an additional 170 shares during the period. nVerses Capital LLC purchased a new position in Gibraltar Industries in the second quarter worth approximately $55,000. Quarry LP grew its holdings in Gibraltar Industries by 428.9% during the 2nd quarter. Quarry LP now owns 989 shares of the construction company’s stock worth $68,000 after acquiring an additional 802 shares in the last quarter. Finally, Point72 DIFC Ltd increased its position in shares of Gibraltar Industries by 92.1% in the 2nd quarter. Point72 DIFC Ltd now owns 1,329 shares of the construction company’s stock valued at $91,000 after purchasing an additional 637 shares during the last quarter. Hedge funds and other institutional investors own 98.39% of the company’s stock.

About Gibraltar Industries

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.