GMS (GMS) Stock Price, News & Analysis

Company Overview

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. It also provides steel framing products, such as steel tracks, studs, and various other steel products used to frame the interior walls of a commercial or institutional building, as well as ancillary products comprising tools, fasteners, insulation, EIFS and stucco, lumber and other wood products, ready-mix joint compound, and safety products. In addition, the company distributes a wallboard, ceilings, steel framing, and construction products, as well as commercial and residential building materials. It also operates through tool sales, rental, and service centers, as well as network of distribution centers. The company serves professional contractors and homebuilders. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia.

Key Stats

• Today's Range: $99.55 to $102.24
• 50-Day Range: $86.23 to $103.21
• 52-Week Range: $65.46 to $103.56
• Volume: 493,349 shs
• Average Volume: 379,103 shs
• Market Capitalization: $4.00 billion
• P/E Ratio: 16.78
• Dividend Yield: N/A
• Price Target: $91.50
• Consensus Rating: Moderate Buy

GMS Stock Analysis - MarketRank™

GMS scored higher than 37% of companies evaluated by MarketBeat, and ranked 159th out of 210 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

GMS has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

GMS has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.04%

Earnings Growth

Earnings for GMS are expected to grow by 7.04% in the coming year, from $7.95 to $8.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GMS is 16.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of GMS is 16.78, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 122.49.

Price to Book Value per Share Ratio

GMS has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.97% of the float of GMS has been sold short.

Short Interest Ratio / Days to Cover

GMS has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GMS does not currently pay a dividend.

Dividend Growth

GMS does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.97% of the float of GMS has been sold short.

Short Interest Ratio / Days to Cover

GMS has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.16

News Sentiment

GMS has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for GMS this week, compared to 10 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, GMS insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $510,650.00 in company stock.

Percentage Held by Insiders

Only 1.90% of the stock of GMS is held by insiders.

Percentage Held by Institutions

95.28% of the stock of GMS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GMS Stock Analysis - Frequently Asked Questions

How have GMS shares performed this year?

GMS's stock was trading at $82.43 at the start of the year. Since then, GMS shares have increased by 23.4% and is now trading at $101.70.
View the best growth stocks for 2024 here.

How were GMS's earnings last quarter?

GMS Inc. (NYSE:GMS) released its quarterly earnings data on Thursday, August, 29th. The company reported $1.93 EPS for the quarter, missing the consensus estimate of $2.14 by $0.21. The firm's quarterly revenue was up 2.8% compared to the same quarter last year.

When did GMS IPO?

GMS (GMS) raised $154 million in an initial public offering (IPO) on Thursday, May 26th 2016. The company issued 7,000,000 shares at $21.00-$23.00 per share. Barclays and Credit Suisse served as the underwriters for the IPO and RBC Capital Markets, Baird, Wells Fargo Securities, SunTrust Robinson Humphrey, Raymond James and Stephens were co-managers.

Who are GMS's major shareholders?

Top institutional investors of GMS include FMR LLC (10.77%), State Street Corp (3.89%), Geode Capital Management LLC (2.29%) and Charles Schwab Investment Management Inc. (1.51%). Insiders that own company stock include Coliseum Capital Management, L, John C Turner Jr, George T Hendren, Theron I Gilliam, John J Gavin, Scott M Deakin, Craig D Apolinsky and William Forrest Bell.
View institutional ownership trends.

How do I buy shares of GMS?

Shares of GMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of GMS own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GMS investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 8/29/2024
• Today: 11/22/2024
• Next Earnings (Estimated): 12/05/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Lumber & other construction materials
• Sub-Industry: Wholesale
• Current Symbol: NYSE:GMS
• CUSIP: N/A
• CIK: 1600438
• Web: www.gms.com
• Phone: (800) 392-4619
• Fax: 770-491-9487
• Employees: 7,624
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $91.50
• High Stock Price Target: $115.00
• Low Stock Price Target: $80.00
• Potential Upside/Downside: -10.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.06
• Trailing P/E Ratio: 16.78
• Forward P/E Ratio: 12.79
• P/E Growth: N/A
• Net Income: $276.08 million
• Net Margins: 4.45%
• Pretax Margin: 6.11%
• Return on Equity: 22.02%
• Return on Assets: 8.85%

Debt

• Debt-to-Equity Ratio: 0.90
• Current Ratio: 2.31
• Quick Ratio: 1.45

Sales & Book Value

• Annual Sales: $5.54 billion
• Price / Sales: 0.72
• Cash Flow: $12.24 per share
• Price / Cash Flow: 8.31
• Book Value: $36.70 per share
• Price / Book: 2.77

Miscellaneous

• Outstanding Shares: 39,285,000
• Free Float: 38,539,000
• Market Cap: $4.00 billion
• Optionable: Optionable
• Beta: 1.68