Q1 EPS Estimate for Global Industrial Decreased by Analyst

Global Industrial (NYSE:GIC - Free Report) - Analysts at Sidoti Csr dropped their Q1 2025 earnings per share (EPS) estimates for shares of Global Industrial in a research note issued to investors on Wednesday, February 19th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of $0.31 per share for the quarter, down from their prior forecast of $0.33. The consensus estimate for Global Industrial's current full-year earnings is $1.59 per share. Sidoti Csr also issued estimates for Global Industrial's Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.52 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.70 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.66 EPS and Q4 2026 earnings at $0.46 EPS.

Global Industrial Stock Down 0.4 %

GIC stock traded down $0.11 during trading on Thursday, reaching $23.88. 45,406 shares of the company's stock were exchanged, compared to its average volume of 111,671. The firm has a market cap of $913.05 million, a PE ratio of 14.08, a P/E/G ratio of 0.93 and a beta of 0.87. Global Industrial has a 1-year low of $23.09 and a 1-year high of $46.97. The company's fifty day moving average price is $24.73 and its 200-day moving average price is $28.84.

Insider Activity at Global Industrial

In related news, Vice Chairman Bruce Leeds sold 5,840 shares of Global Industrial stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $28.28, for a total value of $165,155.20. Following the transaction, the insider now owns 23,675 shares of the company's stock, valued at approximately $669,529. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 65.30% of the company's stock.

Hedge Funds Weigh In On Global Industrial

Institutional investors have recently modified their holdings of the company. Barclays PLC boosted its position in shares of Global Industrial by 221.5% during the 3rd quarter. Barclays PLC now owns 30,622 shares of the company's stock valued at $1,041,000 after acquiring an additional 21,097 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Global Industrial by 39.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 46,005 shares of the company's stock valued at $1,563,000 after purchasing an additional 13,105 shares during the last quarter. FMR LLC grew its holdings in Global Industrial by 14.7% during the 3rd quarter. FMR LLC now owns 2,534,156 shares of the company's stock worth $86,085,000 after acquiring an additional 325,555 shares during the period. State Street Corp lifted its stake in Global Industrial by 2.6% in the third quarter. State Street Corp now owns 315,779 shares of the company's stock valued at $10,727,000 after buying an additional 8,136 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Global Industrial by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 316,083 shares of the company's stock worth $10,740,000 after acquiring an additional 10,601 shares during the last quarter. Institutional investors own 31.19% of the company's stock.

About Global Industrial

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.