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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Buy THIS stock before Taiwan is attacked (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Buy THIS stock before Taiwan is attacked (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Buy THIS stock before Taiwan is attacked (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
NYSE:GMS

GMS (GMS) Stock Forecast, Price & News

$66.67
+1.47 (+2.25%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$65.11
$66.79
50-Day Range
$52.83
$66.67
52-Week Range
$36.10
$66.79
Volume
203,100 shs
Average Volume
225,832 shs
Market Capitalization
$2.75 billion
P/E Ratio
8.59
Dividend Yield
N/A
Price Target
$62.00

GMS MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
7.0% Downside
$62.00 Price Target
Short Interest
Bearish
2.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.22mentions of GMS in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$784,983 Sold Last Quarter
Proj. Earnings Growth
-22.25%
From $8.99 to $6.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.50 out of 5 stars

Retail/Wholesale Sector

190th out of 212 stocks

Lumber & Other Construction Materials Industry

4th out of 4 stocks


GMS stock logo

About GMS (NYSE:GMS) Stock

GMS, Inc. is a holding company, which engages in the distribution of wallboard and suspended ceilings systems and complementary interior construction products. It operates through the following segments: Geographic Divisions, Other, and Corporate. The firm offers ceiling 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 consisting of tools, fasteners, and safety products. The company was founded by Richard K. Mueller and Richard A. Whitcomb in 1971 and is headquartered in Tucker, GA.

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GMS Stock News Headlines

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GMS (NYSE:GMS) Reaches New 1-Year High at $65.58
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Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
GMS (NYSE:GMS) Upgraded to "Strong-Buy" by StockNews.com
GMS Inc. (NYSE:GMS) Receives $62.00 Average PT from Analysts
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GMS Company Calendar

Last Earnings
3/02/2023
Today
5/29/2023
Next Earnings (Estimated)
6/22/2023
Fiscal Year End
4/30/2024

Industry, Sector and Symbol

Industry
Lumber & other construction materials
Sub-Industry
N/A
Employees
5,475
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$62.00
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
-7.0%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$273.44 million
Pretax Margin
8.51%

Debt

Sales & Book Value

Annual Sales
$5.31 billion
Cash Flow
$10.47 per share
Book Value
$24.73 per share

Miscellaneous

Free Float
40,644,000
Market Cap
$2.75 billion
Optionable
Optionable
Beta
1.84

Key Executives

  • John C. TurnerJohn C. Turner
    President, Chief Executive Officer & Director
  • Darryl Little
    VP-Operations & Procurement
  • George Travis Hendren
    Chief Operating Officer
  • Scott M. Deakin
    Chief Financial Officer & Vice President
  • Eric N. Sundby
    Chief Information Officer & Vice President













GMS Stock - Frequently Asked Questions

Should I buy or sell GMS stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GMS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GMS, but not buy additional shares or sell existing shares.
View GMS analyst ratings
or view top-rated stocks.

What is GMS's stock price forecast for 2023?

7 Wall Street analysts have issued 12-month price targets for GMS's shares. Their GMS share price forecasts range from $46.00 to $70.00. On average, they expect the company's stock price to reach $62.00 in the next twelve months. This suggests that the stock has a possible downside of 7.0%.
View analysts price targets for GMS
or view top-rated stocks among Wall Street analysts.

How have GMS shares performed in 2023?

GMS's stock was trading at $49.80 at the start of the year. Since then, GMS shares have increased by 33.9% and is now trading at $66.67.
View the best growth stocks for 2023 here
.

Are investors shorting GMS?

GMS saw a increase in short interest in April. As of April 15th, there was short interest totaling 960,600 shares, an increase of 24.0% from the March 31st total of 774,700 shares. Based on an average daily volume of 248,500 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.3% of the company's stock are short sold.
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 22nd 2023.
View our GMS earnings forecast
.

How were GMS's earnings last quarter?

GMS Inc. (NYSE:GMS) released its quarterly earnings data on Thursday, March, 2nd. The company reported $1.85 earnings per share for the quarter, missing the consensus estimate of $1.86 by $0.01. The firm had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.21 billion. GMS had a net margin of 6.28% and a trailing twelve-month return on equity of 34.16%. The business's revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.74 earnings per share.

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) 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 acted as the underwriters for the IPO and RBC Capital Markets, Baird, Wells Fargo Securities, SunTrust Robinson Humphrey, Raymond James and Stephens were co-managers.

What is GMS's stock symbol?

GMS trades on the New York Stock Exchange (NYSE) under the ticker symbol "GMS."

Who are GMS's major shareholders?

GMS's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.63%), Dimensional Fund Advisors LP (6.18%), American Century Companies Inc. (4.61%), State Street Corp (3.87%), Pzena Investment Management LLC (2.29%) and FMR LLC (2.21%). 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, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is GMS's stock price today?

One share of GMS stock can currently be purchased for approximately $66.67.

How much money does GMS make?

GMS (NYSE:GMS) has a market capitalization of $2.75 billion and generates $5.31 billion in revenue each year. The company earns $273.44 million in net income (profit) each year or $7.76 on an earnings per share basis.

How many employees does GMS have?

The company employs 5,475 workers across the globe.

How can I contact GMS?

GMS's mailing address is 100 CRESCENT CENTRE PARKWAY SUITE 800, TUCKER GA, 30084. The official website for the company is www.gms.com. The company can be reached via phone at (800) 392-4619, via email at ir@gms.com, or via fax at 770-491-9487.

This page (NYSE:GMS) was last updated on 5/29/2023 by MarketBeat.com Staff

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