Gibraltar Industries (ROCK) Getting Somewhat Positive Press Coverage, Study Shows
News stories about Gibraltar Industries (NASDAQ:ROCK) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gibraltar Industries earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.2871839699591 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Gibraltar Industries (NASDAQ:ROCK) opened at 26.95 on Friday. Gibraltar Industries has a one year low of $25.61 and a one year high of $48.05. The firm’s 50-day moving average price is $31.34 and its 200-day moving average price is $36.15. The company has a market cap of $854.53 million, a PE ratio of 38.56 and a beta of 1.83.
Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings results on Thursday, July 27th. The construction company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.03. The company had revenue of $247.63 million during the quarter, compared to analysts’ expectations of $251.97 million. Gibraltar Industries had a return on equity of 10.14% and a net margin of 2.38%. The business’s quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 earnings per share. On average, equities research analysts forecast that Gibraltar Industries will post $1.58 earnings per share for the current fiscal year.
A number of brokerages recently commented on ROCK. BidaskClub lowered Gibraltar Industries from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Zacks Investment Research upgraded Gibraltar Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Finally, KeyCorp reiterated an “overweight” rating and issued a $19.00 price objective (down from $49.00) on shares of Gibraltar Industries in a research report on Thursday, May 11th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. Gibraltar Industries has a consensus rating of “Hold” and an average target price of $37.00.
TRADEMARK VIOLATION NOTICE: This report was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another publication, it was stolen and republished in violation of United States & international copyright & trademark laws. The original version of this report can be viewed at https://www.watchlistnews.com/gibraltar-industries-rock-getting-somewhat-positive-press-coverage-study-shows/1505628.html.
About Gibraltar Industries
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.
Receive News & Ratings for Gibraltar Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibraltar Industries Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.