According to Zacks, “GCP Applied Technologies Inc. offer specialty construction chemicals and building materials as well as packaging technologies. GCP Applied Technologies Inc. is headquatered Cambridge, Massachusetts. “
GCP has been the topic of several other reports. Northcoast Research assumed coverage on shares of GCP Applied Technologies in a report on Wednesday, June 29th. They set a buy rating on the stock. CL King assumed coverage on shares of GCP Applied Technologies in a report on Wednesday, June 29th. They set a buy rating on the stock. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of $22.00.
Shares of GCP Applied Technologies (NYSE:GCP) opened at 25.65 on Tuesday. The stock has a 50 day moving average of $27.66 and a 200-day moving average of $25.57. The firm has a market capitalization of $1.82 billion and a P/E ratio of 46.38. GCP Applied Technologies has a 1-year low of $14.47 and a 1-year high of $30.12.
GCP Applied Technologies (NYSE:GCP) last released its quarterly earnings data on Wednesday, August 10th. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by $0.04. On average, equities analysts expect that GCP Applied Technologies will post $1.49 earnings per share for the current year.
Several large investors have recently made changes to their positions in GCP. Simplex Trading LLC bought a new stake in shares of GCP Applied Technologies during the third quarter valued at $122,000. BNP Paribas Arbitrage SA boosted its stake in shares of GCP Applied Technologies by 99.4% in the third quarter. BNP Paribas Arbitrage SA now owns 5,955 shares of the company’s stock valued at $169,000 after buying an additional 2,968 shares in the last quarter. Amalgamated Bank bought a new stake in shares of GCP Applied Technologies during the second quarter valued at $206,000. Kimelman & Baird LLC bought a new stake in shares of GCP Applied Technologies during the second quarter valued at $226,000. Finally, Legal & General Group Plc boosted its stake in shares of GCP Applied Technologies by 181.0% in the second quarter. Legal & General Group Plc now owns 12,739 shares of the company’s stock valued at $327,000 after buying an additional 8,205 shares in the last quarter. Hedge funds and other institutional investors own 84.92% of the company’s stock.
About GCP Applied Technologies
GCP Applied Technologies Inc (GCP) is engaged in the production and sale of specialty construction chemicals, specialty building materials, and packaging sealants and coatings. The Company operates through three segments: Specialty Construction Chemicals (SCC), Specialty Building Materials (SBM) and Darex Packaging Technologies (Darex).
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