From what 3 stock analysts predict, the share price for Gibraltar Industries Inc (ROCK) might increase by 39.56% in the next year. This is based on a 12-month average estimation for ROCK. Price targets go from $90 to $96. The majority of stock analysts believe ROCK is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assignedROCK 3 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Gibraltar Industries Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ROCK. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ROCK.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kenneth Zener Keybanc | Overweight | $59 | Maintains | Nov 7, 2022 |
Kenneth Zener Keybanc | Overweight | $60 | Maintains | Mar 1, 2022 |
Keybanc | Overweight | Upgrade | Jul 30, 2021 | |
KeyBanc | Sector Weight | Downgrade | Jan 14, 2021 | |
Keybanc | Sector Weight | Downgrade | Jan 14, 2021 | |
Sidoti & Co. | Buy | $75 | Maintains | Sep 10, 2020 |
Keybanc | Overweight | $55 | Maintains | May 7, 2020 |
KeyBanc | Overweight | Maintains | May 7, 2020 | |
Keybanc | Overweight | $60 | Maintains | Oct 28, 2019 |
KeyBanc | Overweight | Maintains | Oct 28, 2019 | |
Keybanc | Overweight | Upgrade | Jan 7, 2019 | |
KeyBanc | Overweight | Upgrade | Jan 7, 2019 | |
Keybanc | Sector Weight | Downgrade | Mar 1, 2018 | |
KeyBanc | Sector Weight | Downgrade | Mar 1, 2018 | |
Wedbush | Outperform | Initiates | Oct 15, 2015 | |
Seaport Global | Buy | Initiates | Sep 28, 2015 | |
KeyBanc | Overweight | Maintains | Jun 17, 2015 | |
Keybanc | Overweight | $23 | Maintains | Jun 17, 2015 |
KeyBanc | Overweight | Upgrade | Mar 30, 2015 | |
Keybanc | Overweight | Upgrade | Mar 30, 2015 |
When did it IPO
1993
Staff Count
2,097
Country
United States
Sector/Industry
Industrials/Building Products & Equipment
CEO
Mr. William T. Bosway
Market Cap
$2.07B
In 2023, ROCK generated $1.38B in revenue, which was a decrease of -0.88% from the previous year. This can be seen as a signal that ROCK's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Gibraltar Industries, Inc. ($ROCK) announced CEO Bill Bosway and SVP Tim Murphy will present at the Sidoti Small Cap Conference on September 19, 2024, at 10:45 a.m. ET and meet with investors.
Why It Matters - Gibraltar Industries' presentation at a key investor conference signals potential insights into company performance and strategy, which could influence stock valuation and investor sentiment.
Summary - Gibraltar Industries (ROCK) recently reported earnings 30 days ago. Investors should monitor upcoming developments for potential impacts on stock performance.
Why It Matters - Earnings reports influence stock performance and investor sentiment. Upcoming developments can signal growth potential or risks, impacting investment decisions for Gibraltar Industries.
Summary - Gibraltar Industries (Nasdaq: ROCK) has appointed Joseph A. Lovechio as CFO, effective August 19, 2024. He previously served as CFO for Whirlpool Corporation's North America Region.
Why It Matters - The appointment of a new CFO with significant experience can indicate potential strategic shifts and financial stability, impacting investor confidence and stock performance for Gibraltar Industries.
Summary - Gibraltar Industries, Inc. (Nasdaq: ROCK) will present at the Seaport Research Partners Annual Summer Investor Conference on August 21, 2024, with CEO Bill Bosway and CFO Tim Murphy.
Why It Matters - Gibraltar Industries' executives presenting at a major investor conference signals potential strategic updates and growth opportunities, influencing investor sentiment and stock performance.
Summary - Gibraltar Industries will hold its Q2 2024 earnings conference call on July 31, 2024, at 9:00 AM ET, featuring key executives and various analysts.
Why It Matters - The earnings call provides insights into Gibraltar Industries' financial performance, strategies, and future outlook, influencing investment decisions and market sentiment.
Summary - Gibraltar Industries (Nasdaq: ROCK) reported strong operating cash flow of $36 million for Q2 2024, despite facing market headwinds affecting growth in their residential segment.
Why It Matters - Gibraltar Industries reported strong operating cash flow of $36 million, indicating resilient performance despite market challenges, which signals potential for future growth and stability to investors.