Gibraltar Industries (ROCK) Receiving Positive Press Coverage, Accern Reports
Headlines about Gibraltar Industries (NASDAQ:ROCK) have been trending positive on Friday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gibraltar Industries earned a coverage optimism score of 0.26 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 46.5851282861018 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities analysts have issued reports on ROCK shares. BidaskClub upgraded Gibraltar Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. Zacks Investment Research upgraded Gibraltar Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. One equities 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 company. The company currently has a consensus rating of “Hold” and an average target price of $34.50.
Gibraltar Industries (NASDAQ ROCK) opened at 31.30 on Friday. Gibraltar Industries has a 52-week low of $25.61 and a 52-week high of $48.05. The firm has a market cap of $992.46 million, a PE ratio of 44.78 and a beta of 1.77. The firm’s 50-day moving average price is $29.13 and its 200 day moving average price is $33.26.
Gibraltar Industries (NASDAQ:ROCK) last released its quarterly earnings results on Thursday, July 27th. The construction company reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.03. The company had revenue of $247.63 million for 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 revenue for the quarter was down 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. On average, equities analysts anticipate that Gibraltar Industries will post $1.58 earnings per share for the current year.
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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.
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