Seaport Res Ptn Weighs in on Gibraltar Industries, Inc.’s Q4 2024 Earnings (NASDAQ:ROCK)

Gibraltar Industries, Inc. (NASDAQ:ROCK) – Analysts at Seaport Res Ptn lowered their Q4 2024 EPS estimates for shares of Gibraltar Industries in a research note issued on Monday, October 14th. Seaport Res Ptn analyst W. Liptak now expects that the construction company will post earnings per share of $0.94 for the quarter, down from their previous estimate of $1.23. The consensus estimate for Gibraltar Industries’ current full-year earnings is $4.60 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 released its quarterly earnings results 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). Gibraltar Industries had a return on equity of 13.91% and a net margin of 8.49%. The firm had revenue of $353.00 million for the quarter, compared to the consensus estimate of $373.60 million. During the same quarter in the previous year, the business posted $1.18 EPS. The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year.

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

Gibraltar Industries Stock Up 0.2 %

Shares of ROCK stock opened at $67.35 on Wednesday. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 18.10 and a beta of 1.14. Gibraltar Industries has a 52 week low of $59.66 and a 52 week high of $87.40. The firm has a 50 day moving average of $68.17 and a 200-day moving average of $71.14.

Institutional Trading of Gibraltar Industries

Several large investors have recently modified their holdings of ROCK. Innealta Capital LLC acquired a new stake in shares of Gibraltar Industries during the 2nd quarter worth approximately $39,000. GAMMA Investing LLC grew its position in Gibraltar Industries by 30.6% in the 3rd quarter. GAMMA Investing LLC now owns 725 shares of the construction company’s stock valued at $51,000 after purchasing an additional 170 shares during the period. nVerses Capital LLC acquired a new stake in Gibraltar Industries in the 2nd quarter valued at $55,000. Quarry LP grew its position in Gibraltar Industries by 428.9% in the 2nd quarter. Quarry LP now owns 989 shares of the construction company’s stock valued at $68,000 after purchasing an additional 802 shares during the period. Finally, Point72 DIFC Ltd grew its position in 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 period. Institutional investors and hedge funds own 98.39% of the company’s stock.

Gibraltar Industries Company Profile

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.