For its second fiscal quarter (ending June 30), Gibraltar Industries Inc (NASDAQ: ROCK) has reported E.P.S. of $1.05 compared to $1.01 a year ago. For the latest four quarters through June 30, E.P.S. were $3.80 compared to $2.88 a year ago.
Recent Price Action
Gibraltar Industries Inc (NASDAQ: ROCK) stock suffered a large decline of -7.4% on 7/31/24. The stock closed at $74.27. Moreover, trading volume in this decline was exceptionally high at 208% of normal. The stock has been weak relative to the market over the last nine months and has declined -6.6% during the last week.
Current PriceTarget Research Rating
ROCK’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Gibraltar Industries has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gibraltar Industries has a neutral Appreciation Score of 45 and a neutral Power Rating of 41, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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