About GMS (NYSE:GMS)
GMS Inc. is a distributor of wallboard and suspended ceilings systems, or ceilings. The Company provides a product offering of over 20,000 stock keeping units (SKUs) of wallboard, ceilings and complementary interior construction products for interior contractors. It offers steel framing and ancillary products for its customers. Its Wallboard is a building product for interior and exterior walls and ceilings in residential and commercial structures. Its ceilings product line consists of suspended mineral fiber, soft fiber and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools and a range of other commercial and institutional buildings. Its steel framing product line consists of steel track, studs and various other steel products used to frame the interior walls of a commercial or institutional building. It supplies complementary products, including insulation, ready-mix-joint compound and various other interior construction products.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Wood Product Wholesale
- Sub-Industry: N/A
- Symbol: NYSE:GMS
- CUSIP: N/A
- Web: www.gms.com
- Market Cap: $1.39506 billion
- Outstanding Shares: 40,970,000
- 50 Day Moving Avg: $34.73
- 200 Day Moving Avg: $34.73
- 52 Week Range: $20.51 - $36.99
Sales & Book Value:
- Trailing P/E Ratio: 26.73
- Foreward P/E Ratio: 14.98
- P/E Growth: 0.86
- Annual Revenue: $2.41 billion
- Price / Sales: 0.59
- Book Value: $12.95 per share
- Price / Book: 2.70
- EBITDA: $182.43 million
- Net Margins: 2.28%
- Return on Equity: 14.13%
- Return on Assets: 5.12%
- Debt-to-Equity Ratio: 1.11%
- Current Ratio: 2.80%
- Quick Ratio: 1.82%
- Average Volume: 439,559 shs.
- Beta: 3.4
- Short Ratio: 1.55
Frequently Asked Questions for GMS (NYSE:GMS)
What is GMS's stock symbol?
GMS trades on the New York Stock Exchange (NYSE) under the ticker symbol "GMS."
How were GMS's earnings last quarter?
GMS Inc. (NYSE:GMS) announced its quarterly earnings data on Wednesday, September, 6th. The company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The business earned $642.20 million during the quarter, compared to the consensus estimate of $645.19 million. GMS had a net margin of 2.28% and a return on equity of 14.13%. The company's revenue was up 16.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 earnings per share. View GMS's Earnings History.
When will GMS make its next earnings announcement?
Where is GMS's stock going? Where will GMS's stock price be in 2017?
7 brokerages have issued 1-year target prices for GMS's stock. Their forecasts range from $34.00 to $39.00. On average, they anticipate GMS's share price to reach $36.83 in the next twelve months. View Analyst Ratings for GMS.
What are analysts saying about GMS stock?
Here are some recent quotes from research analysts about GMS stock:
- 1. According to Zacks Investment Research, "GMS Inc. is a distributor of wallboard and suspended ceilings systems. The company's product consists of wallboard, suspended ceilings systems or ceilings and complementary interior construction products in commercial and residential buildings. GMS Inc. is based in Tucker, United States. " (9/4/2017)
- 2. Seaport Global Securities analysts commented, "As a leader in the consolidating interior building product distribution space, we believe GMS has plenty of room to run to grow the top line both organically and via M&A over the coming years. However, we don't believe we have reached a point of acceleration for the commercial markets or with wallboard pricing. Thus, after the stock's strong move higher, we view the current valuation as fair; and with limited self-help margin opportunities in the near term, we are awaiting a better entry point. Thus, we are initiating on shares of GMS with a Neutral rating." (3/16/2017)
Are investors shorting GMS?
GMS saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 393,946 shares, a decline of 34.7% from the August 31st total of 603,695 shares. Based on an average trading volume of 605,544 shares, the short-interest ratio is presently 0.7 days. Approximately 1.4% of the shares of the company are short sold.
Who are some of GMS's key competitors?
Some companies that are related to GMS include Groupon (GRPN), PriceSmart (PSMT), Urban Outfitters (URBN), Sprouts Farmers Market (SFM), Papa John's International (PZZA), American Eagle Outfitters (AEO), Arcos Dorados Holdings (ARCO), Sally Beauty Holdings (SBH), Big Lots (BIG), Canada Goose Holdings (GOOS), The Cheesecake Factory Incorporated (CAKE), Gamestop Corporation (GME), Dave & Buster's Entertainment (PLAY), HSN (HSNI), Li Ning (LNNGY), Travelport Worldwide Limited (TVPT), Builders FirstSource (BLDR) and Rite Aid Corporation (RAD).
Who are GMS's key executives?
GMS's management team includes the folowing people:
- Richard K. Mueller, Chairman of the Board
- G. Michael Callahan Jr, President, Chief Executive Officer, Director
- H. Douglas Goforth, Chief Financial Officer, Vice President, Treasurer
- Richard Alan Adams, Senior Vice President - Operations, Chief Information Officer
- Lynn Ross, Chief Accounting Officer and Corporate Controller
- Craig D. Apolinsky, Vice President, General Counsel, Corporate Secretary
- Justin de la Chapelle, Director
- Brian R. Hoesterey, Director
- J. Louis Sharpe, Director
- Peter Crane Browning, Independent Director
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 a price of $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 owns GMS stock?
GMS's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.23%). Company insiders that own GMS stock include Craig D Apolinsky, G Michael Callahan Jr, Investors Lp Aea, Lynn Ross, Richard Alan Adams, Richard K Mueller and Theron I Gilliam. View Institutional Ownership Trends for GMS.
Who bought GMS stock? Who is buying GMS stock?
GMS's stock was purchased by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. Company insiders that have bought GMS stock in the last two years include Craig D Apolinsky and Theron I Gilliam. View Insider Buying and Selling for GMS.
How do I buy GMS stock?
Shares of GMS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is GMS's stock price today?
MarketBeat Community Rating for GMS (NYSE GMS)MarketBeat's community ratings are surveys of what our community members think about GMS and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of GMS stock can currently be purchased for approximately $34.91.
Consensus Ratings for GMS (NYSE:GMS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.71)|
|Consensus Price Target: ||$36.83 (5.51% upside)|Consensus Price Target History for GMS (NYSE:GMS)
Analysts' Ratings History for GMS (NYSE:GMS)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Wells Fargo & Company||Initiated Coverage||Market Perform -> Market Perform||$38.00||N/A|
|10/10/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$39.00||N/A|
|10/9/2017||Robert W. Baird||Reiterated Rating||Buy||$37.00||N/A|
|7/3/2017||Stephens||Lower Price Target||Overweight||$40.00 -> $36.00||Low|
|7/3/2017||Northcoast Research||Upgrade||Neutral -> Buy||$34.00||Low|
|3/16/2017||Seaport Global Securities||Initiated Coverage||Neutral -> Neutral||Low|
|3/11/2017||Barclays PLC||Reiterated Rating||Overweight||$36.00 -> $37.00||N/A|
|6/28/2016||Credit Suisse Group||Reiterated Rating||Buy||N/A|
|6/20/2016||SunTrust Banks, Inc.||Initiated Coverage||Buy||$28.00||N/A|
|6/20/2016||Raymond James Financial, Inc.||Initiated Coverage||Outperform||$26.00||N/A|
Earnings History for GMS (NYSE:GMS)Earnings History by Quarter for GMS (NYSE GMS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/6/2017||Q1 2018||$0.47||$0.47||$645.19 million||$642.20 million||View||Listen|
|6/29/2017||4/30/2017||$0.46||$0.48||$614.93 million||$615.00 million||View||N/A|
|3/9/2017||Q3 2017||$0.32||$0.32||$562.44 million||$562.50 million||View||Listen|
|12/13/2016||Q217||$0.48||$0.46||$580.70 million||$591.80 million||View||N/A|
|9/13/2016||Q117||$0.46||$0.46||$549.20 million||$549.80 million||View||Listen|
|7/12/2016||Q416||$0.36||$0.53||$525.79 million||$527.18 million||View||Listen|
Earnings Estimates for GMS (NYSE:GMS)
2017 EPS Consensus Estimate: $1.67
2018 EPS Consensus Estimate: $2.01
2019 EPS Consensus Estimate: $2.38
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for GMS (NYSE:GMS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for GMS (NYSE:GMS)
Insider Ownership Percentage: 5.90%Insider Trades by Quarter for GMS (NYSE:GMS)
Institutional Ownership Percentage: 55.51%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/25/2017||Lynn Ross||Insider||Sell||1,894||$34.77||$65,854.38|| |
|9/22/2017||G Michael Callahan Jr||CEO||Sell||12,500||$34.73||$434,125.00|| |
|6/7/2017||Investors Lp Aea||Major Shareholder||Sell||2,902,129||$31.68||$91,939,446.72|| |
|6/7/2017||Richard Alan Adams||SVP||Sell||83,950||$31.68||$2,659,536.00|| |
|6/7/2017||Richard K Mueller||Chairman||Sell||1,000,000||$31.68||$31,680,000.00|| |
|6/1/2016||Craig D Apolinsky||VP||Buy||4,700||$21.00||$98,700.00|| |
|6/1/2016||Theron I Gilliam||Director||Buy||10,000||$21.00||$210,000.00|| |
Headline Trends for GMS (NYSE:GMS)
Latest Headlines for GMS (NYSE:GMS)
|BlueLinx Holdings (BXC) vs. GMS (GMS) Head-To-Head Contrast|
www.americanbankingnews.com - October 20 at 2:10 PM
|Head-To-Head Survey: GMS (GMS) & BlueLinx Holdings (BXC)|
www.americanbankingnews.com - October 20 at 10:36 AM
|The Long-Term Risk Remains For Grainger|
www.benzinga.com - October 19 at 7:52 PM
|GMS (GMS) & BlueLinx Holdings (BXC) Critical Survey|
www.americanbankingnews.com - October 19 at 12:38 PM
|GMS (GMS) versus BlueLinx Holdings (BXC) Financial Analysis|
www.americanbankingnews.com - October 19 at 4:10 AM
|BlueLinx Holdings (BXC) vs. GMS (GMS) Financial Review|
www.americanbankingnews.com - October 17 at 6:24 PM
|Head to Head Survey: GMS (GMS) and BlueLinx Holdings (BXC)|
www.americanbankingnews.com - October 15 at 6:33 PM
|Head to Head Analysis: GMS (GMS) vs. BlueLinx Holdings (BXC)|
www.americanbankingnews.com - October 15 at 10:20 AM
|$662.96 Million in Sales Expected for GMS Inc. (GMS) This Quarter|
www.americanbankingnews.com - October 14 at 7:40 AM
|Contrasting BlueLinx Holdings (BXC) and GMS (GMS)|
www.americanbankingnews.com - October 14 at 12:46 AM
|ETFs with exposure to GMS, Inc. : October 11, 2017|
finance.yahoo.com - October 12 at 2:51 AM
|U.S. Army Awards General Micro Systems Up to $88 Million Contract for Rugged Server and Display System, Putting Leading-Edge Technology on the Battlefield for the First Time|
www.businesswire.com - October 10 at 9:50 PM
|Washington building supplier acquired by national company|
www.bizjournals.com - October 10 at 9:50 PM
|BRIEF-GMS expands footprint in Western Pennsylvania|
www.reuters.com - October 10 at 9:50 PM
|GMS Expands Footprint in Western Pennsylvania|
finance.yahoo.com - October 10 at 4:48 PM
|GMS Inc. (GMS) Given Buy Rating at Robert W. Baird|
www.americanbankingnews.com - October 9 at 4:32 PM
|Barclays Raises Nvidia PT to $200|
www.investopedia.com - October 5 at 8:12 AM
|GMS Inc. (GMS) Given Consensus Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - October 4 at 2:54 PM
|GM's Cruise Sees Tricky City Tests As Fastest Path To Self-Driving Car Success|
www.forbes.com - October 4 at 12:22 PM
|Q2 2018 EPS Estimates for GMS Inc. Reduced by Analyst (GMS)|
www.americanbankingnews.com - October 4 at 12:16 PM
|GMS Inc. (GMS) Sees Large Decline in Short Interest|
www.americanbankingnews.com - October 4 at 3:02 AM
|Earnings Review and Free Research Report: GMS’ Net Sales Jumped 16.8%; EPS Soared 67.5%|
finance.yahoo.com - September 29 at 4:30 PM
|Micron outlook, capex hike spark rally in memory chip makers|
www.marketwatch.com - September 27 at 5:10 PM
|Insider Selling: GMS Inc. (GMS) Insider Sells 1,894 Shares of Stock|
www.americanbankingnews.com - September 26 at 7:44 PM
|GMS Inc. (GMS) CEO Sells $434,125.00 in Stock|
www.americanbankingnews.com - September 26 at 7:26 PM
|Union offers new proposal as talks resume over strike at GM’s Cami plant|
www.theglobeandmail.com - September 26 at 11:38 AM
|SAS survey: organizations face GDPR challenges|
www.bizjournals.com - September 26 at 11:38 AM
|Earnings Review and Free Research Report: NCI Building’s Revenue Grew on a Y-O-Y Basis|
finance.yahoo.com - September 26 at 11:38 AM
|$666.16 Million in Sales Expected for GMS Inc. (GMS) This Quarter|
www.americanbankingnews.com - September 25 at 3:48 AM
|ETFs with exposure to GMS, Inc. : September 13, 2017|
finance.yahoo.com - September 14 at 2:46 AM
|GMS, Inc. :GMS-US: Earnings Analysis: Q1, 2018 By the Numbers : September 12, 2017|
finance.yahoo.com - September 12 at 7:59 PM
|Q4 2018 EPS Estimates for GMS Inc. (GMS) Decreased by Analyst|
www.americanbankingnews.com - September 11 at 10:12 AM
|Q3 2018 EPS Estimates for GMS Inc. (GMS) Raised by Seaport Global Securities|
www.americanbankingnews.com - September 11 at 6:58 AM
|Q2 2018 Earnings Estimate for GMS Inc. Issued By SunTrust Banks (GMS)|
www.americanbankingnews.com - September 11 at 5:52 AM
|GMS Inc. (GMS) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - September 9 at 11:04 AM
|Gypsum Management and Supply's (GMS) CEO Mike Callahan on Q1 2018 Results - Earnings Call Transcript|
seekingalpha.com - September 8 at 7:39 PM
|GMS Inc. (GMS) Misses Q1 EPS by 10c, Miiss on Revenues|
www.streetinsider.com - September 8 at 7:39 PM
|Oncobiologics announces strategic partnership with GMS Tenshi Holdings Pte. Limited|
www.marketwatch.com - September 8 at 7:39 PM
|GMS Shows Rising Price Performance With Jump To 83 RS Rating|
finance.yahoo.com - September 8 at 7:39 PM
|SunTrust Banks Analysts Raise Earnings Estimates for GMS Inc. (GMS)|
www.americanbankingnews.com - September 8 at 12:26 PM
|GMS Inc. Expected to Earn Q2 2018 Earnings of $0.57 Per Share (GMS)|
www.americanbankingnews.com - September 8 at 9:52 AM
|GMS Inc. (GMS) Looks Good: Stock Adds 5.3% in Session|
finance.yahoo.com - September 7 at 7:23 PM
|GMS Inc. (GMS) Price Target Increased to $39.00 by Analysts at Royal Bank Of Canada|
www.americanbankingnews.com - September 7 at 1:00 PM
|Edited Transcript of GMS earnings conference call or presentation 6-Sep-17 2:00pm GMT|
finance.yahoo.com - September 7 at 12:01 AM
|GMS Reports Record Sales and Adjusted EBITDA for First Quarter 2018|
finance.yahoo.com - September 6 at 7:00 PM
|GMS Inc. (GMS) Posts Earnings Results|
www.americanbankingnews.com - September 6 at 8:50 AM
|GMS Inc. (GMS) Expected to Post Quarterly Sales of $649.71 Million|
www.americanbankingnews.com - September 6 at 2:50 AM
|GMS, Inc. – Value Analysis (NYSE:GMS) : September 1, 2017|
finance.yahoo.com - September 1 at 12:02 AM
|Stocks Showing Improved Relative Strength: GMS|
finance.yahoo.com - August 30 at 4:28 PM
|GMS Inc. (GMS) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - August 30 at 1:38 AM
GMS (GMS) Chart for Saturday, October, 21, 2017