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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
NYSE:GMS

GMS (GMS) Stock Price, News & Analysis

$90.73
+1.71 (+1.92%)
(As of 02/23/2024 ET)
Today's Range
$89.42
$91.47
50-Day Range
$78.21
$90.73
52-Week Range
$50.93
$91.47
Volume
281,649 shs
Average Volume
300,661 shs
Market Capitalization
$3.68 billion
P/E Ratio
12.28
Dividend Yield
N/A
Price Target
$79.88

GMS MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.0% Downside
$79.88 Price Target
Short Interest
Healthy
2.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.52mentions of GMS in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$1.40 M Sold Last Quarter
Proj. Earnings Growth
3.02%
From $8.27 to $8.52 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.

1.28 out of 5 stars

Retail/Wholesale Sector

165th out of 206 stocks

Lumber & Other Construction Materials Industry

3rd 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

GMS (NYSE:GMS) Lowered to Buy at StockNews.com
GMS (GMS) Scheduled to Post Quarterly Earnings on Thursday
Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024.
The same catalyst the kicked off the three major crypto bull markets... is about to hit again on April 22, 2024
Chiefs Veteran Calls Out 'Twitter GMs'
The Retirement of Your Dreams Awaits You…
Imagine it's 2025 and you have the financial freedom to pursue any of your biggest goals. All of this because YOU decided to take action in 2024. The Bitcoin Halving in 2024 could change your life forever...And the strategies outlined in the Crypto Retirement Blueprint will give you what you need to be able to crush the upcoming halving cycle bull run, and potentially retire quickly in wealth.
Brokerages Set GMS Inc. (NYSE:GMS) Target Price at $79.88
GMS Apr 2024 70.000 put
GMS Jul 2024 90.000 put
See More Headlines
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Company Calendar

Last Earnings
12/07/2023
Today
2/23/2024
Next Earnings (Confirmed)
2/29/2024
Fiscal Year End
4/30/2024

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
$79.88
High Stock Price Target
$98.00
Low Stock Price Target
$70.00
Potential Upside/Downside
-12.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$332.99 million
Pretax Margin
7.61%

Debt

Sales & Book Value

Annual Sales
$5.33 billion
Cash Flow
$13.17 per share
Book Value
$30.86 per share

Miscellaneous

Free Float
39,834,000
Market Cap
$3.68 billion
Optionable
Optionable
Beta
1.72
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GMS Stock Analysis - Frequently Asked Questions

Should I buy or sell GMS stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GMS in the last twelve months. There are currently 3 hold ratings and 3 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?

6 brokerages have issued 12 month price objectives for GMS's stock. Their GMS share price targets range from $70.00 to $98.00. On average, they expect the company's share price to reach $79.88 in the next year. This suggests that the stock has a possible downside of 12.0%.
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 beginning of the year. Since then, GMS stock has increased by 10.1% and is now trading at $90.73.
View the best growth stocks for 2024 here
.

When is GMS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 29th 2024.
View our GMS earnings forecast
.

How can I listen to GMS's earnings call?

GMS will be holding an earnings conference call on Thursday, February 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13744132".

How were GMS's earnings last quarter?

GMS Inc. (NYSE:GMS) issued its earnings results on Thursday, December, 7th. The company reported $2.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.26 by $0.04. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.38 billion. GMS had a trailing twelve-month return on equity of 27.59% and a net margin of 5.74%. The company's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.79 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) 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 variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (13.14%), Dimensional Fund Advisors LP (6.11%), Pacer Advisors Inc. (3.08%), Federated Hermes Inc. (2.51%), Pzena Investment Management LLC (1.64%) and Capital International Investors (1.51%). 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 2/24/2024 by MarketBeat.com Staff