NYSE:GMS

GMS (GMS) Stock Price, News & Analysis

$93.07
+0.06 (+0.06%)
(As of 01:14 PM ET)
Today's Range
$92.76
$93.63
50-Day Range
$89.01
$100.39
52-Week Range
$56.58
$101.04
Volume
111,553 shs
Average Volume
346,064 shs
Market Capitalization
$3.70 billion
P/E Ratio
13.04
Dividend Yield
N/A
Price Target
$89.63

GMS MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.0% Downside
$89.63 Price Target
Short Interest
Healthy
2.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.06mentions of GMS in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$3.56 M Sold Last Quarter
Proj. Earnings Growth
5.14%
From $8.36 to $8.79 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.02 out of 5 stars

Retail/Wholesale Sector

180th out of 204 stocks

Lumber & Other Construction Materials Industry

4th out of 4 stocks

GMS stock logo

About GMS Stock (NYSE: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. 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; and insulation, lumber and other wood products, ready-mix joint compound, and various other interior construction products, as well as ancillary products comprising tools, fasteners, and safety products. In addition, the company distributes acoustical ceilings, steel framing, insulation, and related building products, as well as commercial and residential building materials. It serves professional contractors and homebuilders. As of April 30, 2022, the company operated 300 branches across 44 states and the District of Columbia, as well as 6 provinces in Canada. It also operates a network of approximately 300 distribution centers. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia.

GMS Stock Price History

GMS Stock News Headlines

Charles Payne Demystifies Options
When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio.
StockNews.com Downgrades GMS (NYSE:GMS) to Buy
Charles Payne Demystifies Options
When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio.
Penix Jr. writes an open letter to NFL GMs
Recycling markets show early signs of post-Ramadan recovery
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
5/09/2024
Next Earnings (Estimated)
6/27/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Lumber & other construction materials
Sub-Industry
N/A
Employees
7,007
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$89.63
High Stock Price Target
$105.00
Low Stock Price Target
$74.00
Potential Upside/Downside
-3.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$332.99 million
Pretax Margin
7.22%

Debt

Sales & Book Value

Annual Sales
$5.33 billion
Cash Flow
$12.39 per share
Book Value
$30.86 per share

Miscellaneous

Free Float
39,044,000
Market Cap
$3.70 billion
Optionable
Optionable
Beta
1.71
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GMS Stock Analysis - Frequently Asked Questions

Should I buy or sell GMS stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GMS in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GMS shares.
View GMS analyst ratings
or view top-rated stocks.

What is GMS's stock price target for 2024?

8 Wall Street research analysts have issued 12 month price objectives for GMS's shares. Their GMS share price targets range from $74.00 to $105.00. On average, they expect the company's share price to reach $89.63 in the next year. This suggests that the stock has a possible downside of 4.0%.
View analysts price targets for GMS
or view top-rated stocks among Wall Street analysts.

How have GMS shares performed in 2024?

GMS's stock was trading at $82.43 at the start of the year. Since then, GMS shares have increased by 13.3% and is now trading at $93.37.
View the best growth stocks for 2024 here
.

Are investors shorting GMS?

GMS saw a increase in short interest in April. As of April 15th, there was short interest totaling 984,900 shares, an increase of 20.9% from the March 31st total of 814,800 shares. Based on an average daily volume of 382,400 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.5% of the shares of the company are sold short.
View GMS's Short Interest
.

When is GMS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 27th 2024.
View our GMS earnings forecast
.

How were GMS's earnings last quarter?

GMS Inc. (NYSE:GMS) issued its quarterly earnings results on Thursday, February, 29th. The company reported $1.60 earnings per share for the quarter, missing the consensus estimate of $1.61 by $0.01. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.27 billion. GMS had a trailing twelve-month return on equity of 25.65% and a net margin of 5.48%. The firm's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.85 EPS.

What is Michael Callahan's approval rating as GMS's CEO?

11 employees have rated GMS Chief Executive Officer Michael Callahan on Glassdoor.com. Michael Callahan has an approval rating of 78% among the company's employees.

What other stocks do shareholders of GMS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GMS investors own include NVIDIA (NVDA), Deere & Company (DE), AT&T (T), Advanced Micro Devices (AMD), Alibaba Group (BABA), Micron Technology (MU), Weyerhaeuser (WY), Applied Materials (AMAT), Caterpillar (CAT) and D.R. Horton (DHI).

When did GMS IPO?

GMS (GMS) raised $154 million in an initial public offering 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?

GMS's stock is owned by a number of retail and institutional investors. Top institutional investors include Reinhart Partners LLC. (1.22%), Pzena Investment Management LLC (1.05%), LSV Asset Management (0.86%), Sei Investments Co. (0.56%), Principal Financial Group Inc. (0.56%) and Peregrine Capital Management LLC (0.34%). Insiders that own company stock include Coliseum Capital Management, L, Craig D Apolinsky, George T Hendren, John C Turner Jr, John J Gavin, Peter C Browning, Scott M Deakin, Theron I Gilliam 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.

This page (NYSE:GMS) was last updated on 5/9/2024 by MarketBeat.com Staff

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