TGLS - Gibraltar Industries: Attractive Thanks To Robust Margin Expansion
2024-05-20 10:51:09 ET
Summary
- Gibraltar Industries, Inc. has seen a slight decline in revenue, but profits and cash flows have increased.
- The company has a strong net cash position and is expected to see growth in revenue and profits this year.
- Shares are fairly valued compared to similar firms, but the company's performance during difficult times is commendable.
Usually, when sales for a company decline, you expect profits and cash flows to follow suit. But that's not always the case. Sometimes, lower sales can be met with higher profitability. One example that I could point to where this has been the case as of late involves Gibraltar Industries, Inc. ( ROCK ), an enterprise that operates as a producer and installer of solar racking and electrical balance systems, not to mention other offerings like roofing products. Recently, revenue has pulled back ever so slightly. But profits and cash flows have bucked the odds....
Gibraltar Industries: Attractive Thanks To Robust Margin Expansion