Equities Analysts Set Expectations for GMS FY2025 Earnings

GMS Inc. (NYSE:GMS - Free Report) - DA Davidson lowered their FY2025 EPS estimates for shares of GMS in a note issued to investors on Friday, December 6th. DA Davidson analyst K. Yinger now forecasts that the company will post earnings per share of $7.29 for the year, down from their previous forecast of $7.78. DA Davidson has a "Neutral" rating and a $94.00 price target on the stock. The consensus estimate for GMS's current full-year earnings is $7.83 per share. DA Davidson also issued estimates for GMS's FY2026 earnings at $7.74 EPS.

GMS has been the topic of a number of other reports. StockNews.com downgraded GMS from a "buy" rating to a "hold" rating in a research note on Monday, September 2nd. Barclays upped their target price on GMS from $80.00 to $93.00 and gave the stock an "equal weight" rating in a research report on Friday. Loop Capital lifted their price target on shares of GMS from $85.00 to $93.00 and gave the company a "hold" rating in a research report on Monday, November 25th. Truist Financial raised their price objective on shares of GMS from $90.00 to $97.00 and gave the company a "hold" rating in a research note on Monday. Finally, Robert W. Baird decreased their target price on shares of GMS from $115.00 to $110.00 and set an "outperform" rating for the company in a research report on Friday. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $94.13.

GMS Stock Up 0.6 %

NYSE GMS traded up $0.56 on Monday, hitting $97.61. 328,632 shares of the company were exchanged, compared to its average volume of 382,307. GMS has a 12 month low of $71.33 and a 12 month high of $105.54. The company has a current ratio of 2.23, a quick ratio of 1.44 and a debt-to-equity ratio of 0.97. The company has a market cap of $3.83 billion, a PE ratio of 17.93 and a beta of 1.68. The stock has a fifty day moving average of $95.68 and a 200-day moving average of $90.98.

GMS (NYSE:GMS - Get Free Report) last issued its quarterly earnings results on Thursday, December 5th. The company reported $2.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.26 by ($0.24). The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. GMS had a net margin of 3.92% and a return on equity of 20.67%. GMS's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $2.30 earnings per share.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in shares of GMS by 86.4% during the 2nd quarter. Blue Trust Inc. now owns 369 shares of the company's stock valued at $30,000 after buying an additional 171 shares in the last quarter. Quarry LP lifted its position in shares of GMS by 37.1% during the second quarter. Quarry LP now owns 403 shares of the company's stock worth $32,000 after acquiring an additional 109 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of GMS by 138.8% during the third quarter. GAMMA Investing LLC now owns 621 shares of the company's stock worth $56,000 after acquiring an additional 361 shares in the last quarter. KBC Group NV boosted its holdings in shares of GMS by 31.9% in the third quarter. KBC Group NV now owns 1,162 shares of the company's stock worth $105,000 after acquiring an additional 281 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in shares of GMS in the second quarter valued at $121,000. Hedge funds and other institutional investors own 95.28% of the company's stock.

Insider Transactions at GMS

In other GMS news, COO George T. Hendren sold 5,000 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $102.13, for a total transaction of $510,650.00. Following the completion of the transaction, the chief operating officer now directly owns 23,772 shares of the company's stock, valued at approximately $2,427,834.36. This represents a 17.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.90% of the company's stock.

About GMS

GMS Inc distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada. The company offers ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings.