Global Industrial Company (GIC)

NYSE: GIC · IEX Real-Time Price · USD
33.04
+0.59 (1.82%)
Aug 12, 2022 4:00 PM EDT - Market closed
1.82%
Market Cap 1.25B
Revenue (ttm) 1.15B
Net Income (ttm) 110.90M
Shares Out 37.93M
EPS (ttm) 2.30
PE Ratio 14.37
Forward PE n/a
Dividend $1.70 (5.15%)
Ex-Dividend Date Aug 12, 2022
Volume 21,333
Open 32.27
Previous Close 32.45
Day's Range 31.96 - 33.12
52-Week Range 28.35 - 45.21
Beta 0.83
Analysts Buy
Price Target 52.02 (+57.4%)
Earnings Date Aug 2, 2022

About GIC

Global Industrial Company, through its subsidiaries, operates as a value-added industrial distributor of industrial and maintenance, repair, and operation (MRO) products in North America. The company offers industrial and MRO products under Global, GlobalIndustrial.com, Nexel, Paramount, and Interion trademarks. It offers products, including 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, pl... [Read more...]

Industry Trading Companies & Distributors
IPO Date Jun 26, 1995
Employees 1,480
Stock Exchange NYSE
Ticker Symbol GIC
Full Company Profile

Financial Performance

In 2021, GIC's revenue was $1.06 billion, an increase of 3.31% compared to the previous year's $1.03 billion. Earnings were $103.30 million, an increase of 57.95%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for GIC stock is "Buy." The 12-month stock price forecast is 52.02, which is an increase of 57.45% from the latest price.

Price Target
$52.02
(57.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Global Industrial to Participate in the 12th Annual Midwest IDEAS Investor Conference on August 24th in Chicago, IL

PORT WASHINGTON, NY / ACCESSWIRE / August 12, 2022 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Tex Clark, Sen...

Global Industrial to Participate in Jefferies Industrials Conference

PORT WASHINGTON, NY / ACCESSWIRE / August 3, 2022 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Barry Litwin, C...

Global Industrial (GIC) Lags Q2 Earnings Estimates

Global Industrial (GIC) delivered earnings and revenue surprises of -6.35% and 2.41%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Global Industrial Company Reports Record Second Quarter 2022 Financial Results

-Record Sales of $318.5 Million Increases Approximately 17%- -Operating Income Increases 23.5% to $30.5 Million; Operating Margin of 9.6%- -Board Declares $0.18 Dividend- PORT WASHINGTON, NY / ACCESSWIR...

Global Industrial Company To Report Second Quarter 2022 Results on August 2, 2022

PORT WASHINGTON, NY / ACCESSWIRE / July 26, 2022 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financial...

5 Top-Ranked Picks Using DuPont Analysis

Have more faith in DuPont analysis than simple ROE calculation? Bet on these five stocks?

Other symbols: BCCLPXSAFMSKY

5 Top-Ranked Stocks Empowered by DuPont Analysis

Have more faith in DuPont analysis than simple ROE calculation and bet on these five stocks.

Other symbols: BCCHZOMEDSAFM

5 DuPont-Tested Stocks Likely to Give Solid Returns

Bet on five top-ranked stocks with higher ROE derived the DuPont way.

Other symbols: BCCHZOWSO

Global Industrial (GIC) Q1 Earnings and Revenues Surpass Estimates

Global Industrial (GIC) delivered earnings and revenue surprises of 72.73% and 11.43%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Global Industrial Company Reports First Quarter 2022 Financial Results

-Record Sales of $288.6 Million Increases 15%- -Gross Margin Sets Record For Third Consecutive Quarter at 37.4%- -Operating Income Increases to $29.5 Million; Operating Margin of 10.2%- -Board Declares ...

Global Industrial Company To Report First Quarter 2022 Results on May 3, 2022

PORT WASHINGTON, NY / ACCESSWIRE / April 26, 2022 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financia...

Global Industrial (GIC) Stock Jumps 6.2%: Will It Continue to Soar?

Global Industrial (GIC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Global Industrial to Participate in Sidoti & Company Small Cap Virtual Conference

PORT WASHINGTON, NY / ACCESSWIRE / March 16, 2022 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Barry Litwin, C...

Global Industrial (GIC) Q4 Earnings and Revenues Surpass Estimates

Global Industrial (GIC) delivered earnings and revenue surprises of 26.19% and 1.55%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Global Industrial Reports Fourth Quarter 2021 Financial Results

Record Gross Margin Drives Improved Profitability Sales of $262.0 Million, Down 4.3%; Sales Increase 3.5% on an Average Daily Sales Basis Operating Income of $26.1 Million, Up 23.7% from Prior Year; Ope...

Global Industrial Company to Report Fourth Quarter 2021 Results on February 15, 2022

PORT WASHINGTON, NY / ACCESSWIRE / February 8, 2022 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financ...

Massive Bio Hires Steve McNamara as Chief Operating Officer to Scale Global AI-Enabled Access to Cancer Clinical Tria...

NEW YORK--(BUSINESS WIRE)--Massive Bio, Inc., the leader in precision medicine and artificial intelligence (AI)-enabled patient-centric clinical trial enrollment for oncology, announced the hiring of St...

Global Industrial and OMNIA Partners Expand Strategic Partnership

Brings Global Industrial's Extensive Selection and Know-How to Public Sector PORT WASHINGTON, NY / ACCESSWIRE / January 6, 2022 / Global Industrial Company (NYSE:GIC), a value-added national distributor...

Best Income Stocks to Buy for January 3rd

EMR, LZB, and GIC made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 3, 2022

Other symbols: EMRLZB

Global Industrial Declares $1.00 Per Share Special Dividend

PORT WASHINGTON, NY / ACCESSWIRE / December 7, 2021 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that its Board of ...

Global Industrial Appoints Adina Storch to Senior Vice President, General Counsel and Corporate Secretary

PORT WASHINGTON, NY / ACCESSWIRE / November 15, 2021 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, recently announced the appointmen...

Global Industrial to Attend the Southwest IDEAS Investor Conference

Global Industrial to Attend the Southwest IDEAS Investor Conference PORT WASHINGTON, NY / ACCESSWIRE / November 9, 2021 / Global Industrial Company (NYSE:GIC), a value-added national distributor of indu...

Global Industrial (GIC)'s Technical Outlook is Bright After Key Golden Cross

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

Global Industrial Partners with Sheldon Creed at Phoenix Raceway

The No. 78 Global Industrial Chevrolet Camaro to Compete in the NASCAR Xfinity Series Championship Race on November 6th PORT WASHINGTON, NY / ACCESSWIRE / November 3, 2021 / Global Industrial Company (N...

Global Industrial (GIC) Beats Q3 Earnings Estimates

Global Industrial (GIC) delivered earnings and revenue surprises of 1.67% and -4.01%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?