Sidoti Csr Forecasts Lower Earnings for Global Industrial

Global Industrial (NYSE:GIC) – Research analysts at Sidoti Csr decreased their Q1 2025 earnings per share estimates for shares of Global Industrial in a report issued on Wednesday, February 19th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings per share of $0.31 for the quarter, down from their previous forecast of $0.33. The consensus estimate for Global Industrial’s current full-year earnings is $1.59 per share. Sidoti Csr also issued estimates for Global Industrial’s Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.52 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.70 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.66 EPS and Q4 2026 earnings at $0.46 EPS.

Global Industrial Price Performance

Shares of Global Industrial stock opened at $24.59 on Thursday. Global Industrial has a 1 year low of $23.09 and a 1 year high of $46.97. The firm has a market cap of $939.88 million, a PE ratio of 14.46, a P/E/G ratio of 0.89 and a beta of 0.87. The stock has a fifty day moving average price of $24.79 and a 200-day moving average price of $28.95.

Insider Activity

In other news, Vice Chairman Bruce Leeds sold 5,840 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $28.28, for a total transaction of $165,155.20. Following the completion of the transaction, the insider now owns 23,675 shares in the company, valued at approximately $669,529. This represents a 19.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 65.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GIC. J. Goldman & Co LP grew its stake in shares of Global Industrial by 559.7% during the 4th quarter. J. Goldman & Co LP now owns 494,650 shares of the company’s stock worth $12,262,000 after acquiring an additional 419,672 shares during the period. FMR LLC grew its stake in shares of Global Industrial by 14.7% during the 3rd quarter. FMR LLC now owns 2,534,156 shares of the company’s stock worth $86,085,000 after acquiring an additional 325,555 shares during the period. Raymond James Financial Inc. bought a new position in shares of Global Industrial during the 4th quarter worth $4,001,000. Bank of New York Mellon Corp boosted its stake in Global Industrial by 65.6% in the 4th quarter. Bank of New York Mellon Corp now owns 319,282 shares of the company’s stock worth $7,915,000 after purchasing an additional 126,431 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC boosted its stake in Global Industrial by 101.9% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 177,884 shares of the company’s stock worth $6,043,000 after purchasing an additional 89,780 shares during the period. Institutional investors own 31.19% of the company’s stock.

About Global Industrial

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.