Loading...
Docoh

Gibraltar Industries (ROCK)

Gibraltar Industries is a leading manufacturer and provider of products and services for the renewable energy, conservation, residential, and infrastructure markets. With a three-pillar strategy focused on business systems, portfolio management, and organization and talent development, Gibraltar's mission is to create compounding and sustainable value with strong leadership positions in higher growth, profitable end markets. Gibraltar serves customers primarily throughout North America. Comprehensive information about Gibraltar can be found on its website at www.gibraltar1.com.

Company profile

Ticker
ROCK
Exchange
CEO
William T. Bosway
Employees
Incorporated
Location
Fiscal year end
Former names
GIBRALTAR STEEL CORP
SEC CIK
Subsidiaries
Appleton Supply Company, Inc. • D.S.B. Holding Corp. • The D.S. Brown Company • Florence Corporation • Gibraltar Industries Holding Company (UK) Limited • Renusol Gmbh • Rough Brothers Greenhouse Manufacturing (Shanghai) Co., Ltd • Gibraltar Steel Corporation • Southeastern Metals Manufacturing Company, Inc. • Pacific Awards Metals, Inc. ...
IRS number
161445150

ROCK stock data

Analyst ratings and price targets

Last 3 months

Calendar

4 May 22
17 May 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 15.57M 15.57M 15.57M 15.57M 15.57M 15.57M
Cash burn (monthly) (no burn) 429.83K (no burn) (no burn) 2.58M (no burn)
Cash used (since last report) n/a 667.82K n/a n/a 4.02M n/a
Cash remaining n/a 14.91M n/a n/a 11.56M n/a
Runway (months of cash) n/a 34.7 n/a n/a 4.5 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
6 May 22 Mark G Barberio Common Stock Grant Acquire A No No 42.69 2,460 105.02K 9,385
6 May 22 Hindman Craig A Common Stock Grant Acquire A No No 42.69 2,460 105.02K 18,287
6 May 22 Gwendolyn G Mizell Common Stock Grant Acquire A No No 42.69 2,460 105.02K 3,716
6 May 22 Linda Kristine Myers Common Stock Grant Acquire A No No 42.69 2,460 105.02K 11,083
6 May 22 Nish James B Common Stock Grant Acquire A No No 42.69 2,460 105.02K 14,822
97.8% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 205 193 +6.2%
Opened positions 30 9 +233.3%
Closed positions 18 33 -45.5%
Increased positions 70 66 +6.1%
Reduced positions 77 81 -4.9%
13F shares Current Prev Q Change
Total value 2.14B 2.21B -3.2%
Total shares 32.06M 31.69M +1.2%
Total puts 35.1K 14.3K +145.5%
Total calls 44K 66.8K -34.1%
Total put/call ratio 0.8 0.2 +272.6%
Largest owners Shares Value Change
BLK Blackrock 5.19M $346.1M +2.9%
TROW T. Rowe Price 3.04M $202.48M -3.5%
Vanguard 2.8M $186.45M +0.9%
Dimensional Fund Advisors 1.5M $100.12M -2.2%
Wellington Management 1.5M $100.1M -7.7%
STT State Street 1.07M $71.44M +5.3%
SAMG Silvercrest Asset Management 1.04M $69.06M +10.2%
GW&K Investment Management 1.01M $67.39M +4.1%
Victory Capital Management 935.98K $62.41M +143.9%
Champlain Investment Partners 806.03K $53.75M +10.7%
Largest transactions Shares Bought/sold Change
Victory Capital Management 935.98K +552.27K +143.9%
GS Goldman Sachs 57.54K -381.96K -86.9%
SLFPY Standard Life Aberdeen 298.9K -369.63K -55.3%
Norges Bank 335.88K +335.88K NEW
Channing Capital Management 729.65K +236.39K +47.9%
Allspring Global Investments 187.89K +187.89K NEW
Fort Washington Investment Advisors 179.79K +179.79K NEW
BLK Blackrock 5.19M +145.74K +2.9%
WFC Wells Fargo & Co. 27.2K -140.63K -83.8%
Vaughan Nelson Investment Management 384.74K -124.85K -24.5%

Financial report summary

?
Competition
Standard IndustriesArray
Risks
  • The volatility of the commodity market on the cost of our principal raw materials and component parts, or substantial decreases in the availability of our principal raw materials and component parts, has impacted, and could continue to impact, our business, results of operations, and cash flows.
  • The success of our business depends on our senior management team and other key employees and our ability to attract or retain a skilled and diverse workforce.
  • The COVID-19 pandemic has significantly impacted worldwide economic conditions and adversely impacted, and may continue to adversely impact our business, results of operations, financial condition, and cash flows.
  • A significant portion of our net sales are concentrated with a few customers. The loss of any of those customers would adversely affect our business, results of operations, and cash flows.
  • Our business is highly competitive and increased competition could reduce our gross profit, net income, and cash flow.
  • If the subcontractors we rely upon do not perform their contractual obligations, our revenues and cash flows would be adversely affected.
  • Our operations are subject to seasonal fluctuations and the cyclical nature of construction activity that may impact our cash flow.
  • Our ongoing and expected restructuring plans and other cost savings initiatives may not be as effective as we anticipate, and we may fail to realize the cost savings and increased efficiencies that we expect to result
  • from these actions, which could negatively affect our operating results.
  • Macroeconomic factors outside of our control may adversely affect our business, our industry, and the businesses and industries of many of our customer and suppliers.
  • Economic, political, and other risks associated with foreign operations could adversely affect our financial results and cash flows.
  • Climate change and climate change legislation or regulations may adversely affect our business.
  • Future terror attacks, war, natural disasters or other catastrophic events beyond our control could negatively impact our operations and financial results.
  • Our business and financial performance may be adversely affected by cybersecurity attacks, information systems interruptions, equipment failures, and technology integration.
  • Our strategy depends, in part, on identification, management and successful business and system integration of future acquisitions.
  • We apply judgments and make estimates in accounting for certain customer contracts, and changes in these judgments or estimates may have significant impacts on our earnings.
  • If events occur or indicators of impairment are present that may cause the carrying value of long-lived and indefinite-lived assets to no longer be recoverable or to exceed the fair value of the asset, or that may lead to a reduction in the fair value of the asset, significant non-cash impairment charges to earnings may be taken that may have a material adverse impact on our results of operations.
  • Increases in future levels of leverage and size of debt service obligations could adversely affect our ability to raise additional capital to fund our operations, limit our ability to react to changes in the economy or our industries and prevent us from meeting our obligations.
  • A portion of our business is dependent on laws and regulations pertaining to the cannabis industry, and this industry faces significant opposition that could adversely affect this portion of our business.
  • Imposed tariffs and potential future tariffs may result in increased costs and could adversely affect our results of operations.
  • The expiration, elimination or reduction of solar rebates, credits and incentives may adversely impact our business.
  • The nature of our business exposes us to product liability, product warranty and other claims, and other legal proceedings.
  • We could incur substantial costs in order to comply with, or to address any changes in or violations of, environmental, health, safety and other laws.
  • We are subject to certain additional regulations as a United States government contractor or subcontractor.
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • Certain information set forth herein includes statements that express our opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and, therefore are, or may be deemed to be, “forward-looking statements.” These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms “believes,” “anticipates,” "aspires," “expects,” “estimates,” “seeks,” “projects,” “intends,” “plans,” “may,” “will” or “should” or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. They include statements regarding our intentions, beliefs or current expectations concerning, among other things, our results of operations, financial condition, liquidity, prospects, growth, competition, strategies and the industries in which we operate. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We believe that these risks and uncertainties include, but are not limited to, those described in the “Risk Factors” disclosures in our most recent Annual Report on Form 10-K along with Item 1A of this Quarterly Report on Form 10-Q. Although we base these forward-looking statements on assumptions that we believe are reasonable when made, we caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition, liquidity and the development of the industries in which we operate may differ materially from those made in or suggested by the forward-looking statements contained herein. In addition, even if our results of operations, financial condition, liquidity, and the development of the industries in which we operate are consistent with the forward-looking statements contained in this Quarterly Report on Form 10-Q, those results or developments may not be indicative of results or developments in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements that we make herein speak only as of the date of those statements, and we undertake no obligation to update those statements or to publicly announce the results of any revisions to any of those statements to reflect future events or developments. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.
  • We use certain operating performance measures, specifically consolidated gross margin, operating margin by segment and consolidated operating margin, to manage our businesses, set operational goals, and establish performance targets for incentive compensation for our employees. We define consolidated gross margin as a percentage of total consolidated gross profit to total consolidated net sales. We define operating margin by segment as a percentage of total income from operations by segment to total net sales by segment and consolidated operating margin as a percentage of total consolidated income from operations to total consolidated net sales. We believe consolidated gross margin, operating margin and consolidated operating margin may be useful to investors in evaluating the profitability of our segments and Company on a consolidated basis.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: adding, agility, alleged, anticipated, antidumping, applied, apply, applying, Asia, assignment, authorized, bidding, Board, building, buyer, charge, Chinese, circumvention, classification, Commerce, conducted, consecutive, consumer, countervailing, deflation, Department, digital, discounting, disposal, dollar, duty, employee, ensuring, enterprise, export, face, Facilitation, forfeited, freight, global, governmental, group, hedge, hedging, ii, iii, import, imported, inflationary, Interbank, investigate, investigation, iv, lean, lease, London, Macroeconomic, met, monetary, negotiated, open, panel, past, petition, petitioned, plate, program, prospective, recoverability, reform, repurchase, resolved, retiree, retrospectively, Scope, slightly, Southeast, speed, suspended, threshold, tied, transition, transitioning, unable, unanticipated, unbilled, unit, United, USDOC, utilizing, vendor, winter
Removed: Additionally, adjustment, allocation, amending, application, approximated, approximately, Architectural, assembly, assist, assumed, billion, biologically, centrifugal, clarifying, collectively, combined, commenced, complementary, composed, confirm, Conservation, consideration, consultative, consulting, Corporation, decorative, deductible, Delta, designer, determination, determine, developer, discontinuation, divided, enabled, enhanced, EPS, equally, existed, existence, extension, faster, funded, funding, gather, grown, guidance, independent, individually, installed, integrate, laboratory, LLC, measurement, membership, migrate, modeling, modestly, momentum, obtained, October, operationally, optimize, organic, outlook, partly, partner, pay, preliminarily, preliminary, presence, provisional, range, reassessed, recently, remained, removing, resulting, scaling, segregated, separate, shown, simplify, software, solution, substantially, Sunfig, supporting, target, Teaching, Tech, technology, terrain, TerraSmart, Thermo, tracker, training, transaction, transportation, undercapitalized, unobservable, upstream, workforce

Patents

Utility
System, method and apparatus for cannabinoid tincture separation and solvent recovery
8 Feb 22
A system for processing cannabinoids and recovering solvent has a vessel for a mixture of cannabinoids and solvent.
Utility
Mail Receptacle with Variable Carrier and Receiver Access Points
27 Jan 22
The disclosure provides an innovative delivery receptacle for receiving objects (such as parcels and mail) deposited into the receptacle and securely storing them once deposited.
Utility
Metal roofing system
11 Jan 22
A retrofit roofing system with a roof furring having a substantially flat top and L-shaped side with openings that correspond to the raised portions of the existing metal roof panels, at least two fasteners that penetrate the L-shaped side through the existing metal roof panels and into the at least one roof perlins, a layer of adhesive on the substantially flat top portion of the roof furring; and at least one new metal roof panel on top of the layer of adhesive.
Utility
Systems And Methods For Providing Active Shade Mitigation For A Solar Module
18 Nov 21
A solar tracker includes a rotatable portion including a plurality of solar modules, at least a portion of each of the modules being arranged in a row and electrically coupled to each other in series to define at least one string.
Utility
Single Axis In-line Gearbox Modular Tracker System
24 Jun 21
Modular tracker systems that include at least first and second tables or are continuous without the use of tables, a single motor driving the first and second tables, first and second intra-table drive shafts and an inter-table drive shaft.