GMS Stock Price, News & Analysis (NYSE:GMS) $71.85 +1.97 (+2.82%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$69.71▼$72.0250-Day Range$57.03▼$72.4052-Week Range$49.36▼$76.14Volume515,489 shsAverage Volume291,111 shsMarket Capitalization$2.92 billionP/E Ratio9.18Dividend YieldN/APrice Target$78.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media GMS MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside8.7% Upside$78.13 Price TargetShort InterestHealthy2.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.35Based on 25 Articles This WeekInsider TradingN/AProj. Earnings Growth4.47%From $8.05 to $8.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.90 out of 5 starsIndustrials Sector93rd out of 123 stocksBuilding Products & Equipment Industry6th out of 8 stocks 1.3 Analyst's Opinion Consensus RatingGMS has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $78.13, GMS has a forecasted upside of 8.7% from its current price of $71.85.Amount of Analyst CoverageGMS has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.75% of the float of GMS has been sold short.Short Interest Ratio / Days to CoverGMS has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GMS has recently decreased by 5.13%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldGMS does not currently pay a dividend.Dividend GrowthGMS does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GMS. Previous Next 3.0 News and Social Media Coverage News SentimentGMS has a news sentiment score of 0.35. 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 news sentiment score is similar to the average news sentiment of Industrials companies.News Coverage This WeekMarketBeat has tracked 25 news articles for GMS this week, compared to 7 articles on an average week.Search Interest4 people have searched for GMS on MarketBeat in the last 30 days. MarketBeat Follows2 people have added GMS to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, GMS insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.90% of the stock of GMS is held by insiders.Percentage Held by Institutions97.88% of the stock of GMS is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for GMS are expected to grow by 4.47% in the coming year, from $8.05 to $8.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GMS is 9.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.55.Price to Earnings Ratio vs. SectorThe P/E ratio of GMS is 9.18, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 343.45.Price to Book Value per Share RatioGMS has a P/B Ratio of 2.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More GMS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GMS Stock News HeadlinesDecember 8, 2023 | msn.comGMS deal 'unusual' but he can 'make a difference in games' - McInnesDecember 8, 2023 | finance.yahoo.comGMS' Q2 Earnings & Net Sales Surpass Estimates, Decrease Y/YDecember 8, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 8, 2023 | msn.comMcInnes on 'unusual' GMS deal, Celtic challenge and injury updatesDecember 8, 2023 | finance.yahoo.comGMS Inc. (NYSE:GMS) Q2 2024 Earnings Call TranscriptDecember 7, 2023 | finance.yahoo.comQ2 2024 GMS Inc Earnings CallDecember 7, 2023 | msn.comBuilding Products Distributor GMS' Q2 Profit & Sales Slip, Hit By Deflationary Steel Pricing & Reduced Single-Family Demand: DetailsDecember 7, 2023 | msn.comGMS Non-GAAP EPS of $2.30 beats by $0.04, revenue of $1.42B beats by $40MDecember 8, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 7, 2023 | markets.businessinsider.comGMS Q2 Profit And Revenue Down, But Beat ConsensusDecember 7, 2023 | finance.yahoo.comGMS Reports Second Quarter Fiscal 2024 ResultsDecember 7, 2023 | finance.yahoo.comGMS Inc (GMS) Reports Fiscal Q2 2024 Earnings Amid Varied Market ConditionsDecember 5, 2023 | dallasnews.comAL West watch: Angels, Astros GMs update trade status of Mike Trout, Alex BregmanDecember 5, 2023 | finance.yahoo.comGMS Gears Up to Report Q2 Earnings: Will It Disappoint?December 5, 2023 | msn.comGold futures rise Rs 281 to Rs 62,650/10 gmsDecember 4, 2023 | americanbankingnews.comGMS Inc. (NYSE:GMS) Sees Significant Decrease in Short InterestDecember 3, 2023 | msn.comNBA GMs Shockingly Choose Jaime Jaquez Jr. Over Damian LillardDecember 3, 2023 | msn.comNightengale's notebook: 10 questions heading into MLB's winter meetingsDecember 2, 2023 | msn.comFrom the Archive: Group II Cold WarDecember 2, 2023 | americanbankingnews.comGMS Inc. (NYSE:GMS) Given Average Rating of "Moderate Buy" by AnalystsDecember 1, 2023 | msn.comTHN Archive: NHL Dealt With Epidemic of Stomach Woes in the 1980sDecember 1, 2023 | msn.comGold futures rise Rs 8 to Rs 62,567/10 gmsNovember 30, 2023 | msn.comGM's core business a lot more profitable than the Street gives it credit for, says Tim SeymourNovember 30, 2023 | msn.comNFL GM Candidates 2024: Bears’ Ian Cunningham, 49ers’ Adam Peters, Eagles’ Alec Halaby, Browns’ Catherine Raîche Among Execs on the RiseNovember 30, 2023 | americanbankingnews.comGMS (NYSE:GMS) Upgraded to "Strong-Buy" at StockNews.comNovember 30, 2023 | americanbankingnews.comGMS (GMS) Set to Announce Quarterly Earnings on ThursdayNovember 29, 2023 | seekingalpha.comEtsy: Rocky GMS Trends Offset By Strong Profitability (Ratings Upgrade)See More Headlines Receive GMS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GMS and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings12/07/2023Today12/08/2023Next Earnings (Estimated)3/07/2024Fiscal Year End4/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Building Products & Equipment Sub-IndustryN/A SectorIndustrials Current SymbolNYSE:GMS CUSIPN/A CIK1600438 Webwww.gms.com Phone(800) 392-4619Fax770-491-9487Employees7,007Year FoundedN/APrice Target and Rating Average Stock Price Target$78.13 High Stock Price Target$87.00 Low Stock Price Target$70.00 Potential Upside/Downside+8.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$7.83 Trailing P/E Ratio9.18 Forward P/E Ratio8.93 P/E GrowthN/ANet Income$332.99 million Net Margins6.14% Pretax Margin8.17% Return on Equity30.62% Return on Assets11.84% Debt Debt-to-Equity Ratio0.77 Current Ratio2.37 Quick Ratio1.47 Sales & Book Value Annual Sales$5.38 billion Price / Sales0.54 Cash Flow$12.97 per share Price / Cash Flow5.54 Book Value$30.86 per share Price / Book2.33Miscellaneous Outstanding Shares40,593,000Free Float39,822,000Market Cap$2.92 billion OptionableOptionable Beta1.78 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. John C. Turner Jr. (Age 54)President, CEO & Director Comp: $1.98MMr. Scott M. Deakin (Age 57)Senior VP & CFO Comp: $988.17kMr. George Travis Hendren (Age 48)Senior VP & COO Comp: $928.96kMr. Craig D. Apolinsky (Age 56)Senior VP, General Counsel & Corporate Secretary Comp: $804.35kMs. Leigh Dobbs (Age 46)Senior VP & Chief Human Resources Officer Comp: $524.81kMr. William Forrest Bell (Age 62)Chief Accounting Officer Mr. Eric N. SundbyChief Information Officer & VPCarey PhelpVice President of Investor & Media RelationsMs. Michelle LeaderMarketing DirectorDon TaylorVice President of Operations - Western RegionMore ExecutivesKey CompetitorsSPX TechnologiesNYSE:SPXCQuanex Building ProductsNYSE:NXCrane NXTNYSE:CXTCSW IndustrialsNASDAQ:CSWIHertz GlobalNYSE:HTZView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 16,253 shares on 12/6/2023Ownership: 0.042%American Century Companies Inc.Sold 36,601 shares on 11/30/2023Ownership: 4.031%Deutsche Bank AGSold 150,388 shares on 11/24/2023Ownership: 0.050%Public Sector Pension Investment BoardSold 22,921 shares on 11/22/2023Ownership: 0.124%Walleye Trading LLCBought 4,200 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 year. 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 brokers have issued 12 month target prices for GMS's shares. Their GMS share price targets range from $70.00 to $87.00. On average, they predict the company's share price to reach $78.13 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. 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 beginning of the year. Since then, GMS stock has increased by 44.3% and is now trading at $71.85. View the best growth stocks for 2023 here. Are investors shorting GMS? GMS saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 1,110,000 shares, a drop of 5.1% from the October 31st total of 1,170,000 shares. Based on an average daily volume of 282,500 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.8% of the shares of the company 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, March 7th 2024. View our GMS earnings forecast. How were GMS's earnings last quarter? GMS Inc. (NYSE:GMS) released its quarterly earnings results on Thursday, December, 7th. The company reported $2.30 EPS for the quarter, topping analysts' consensus estimates of $2.26 by $0.04. The company earned $1.42 billion during the quarter, compared to analysts' expectations of $1.38 billion. GMS had a net margin of 6.14% and a trailing twelve-month return on equity of 30.62%. The business's quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.79 earnings per share. What ETFs hold GMS's stock? ETFs with the largest weight of GMS (NYSE:GMS) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), Invesco Dorsey Wright Industrials Momentum ETF (PRN), Pacer US Small Cap Cash Cows 100 ETF (CALF), Harbor Corporate Culture Small Cap ETF (HAPS), Janus Henderson Small Cap Growth Alpha ETF (JSML), First Trust Small Cap Growth AlphaDEX Fund (FYC), Harbor Small Cap Explorer ETF (QWST) and Hartford Multifactor Small Cap ETF (ROSC). 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 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 are GMS's major shareholders? GMS's stock is owned by a number of retail and institutional investors. Top institutional shareholders include American Century Companies Inc. (4.03%), Federated Hermes Inc. (2.32%), Morgan Stanley (1.80%), Pzena Investment Management LLC (1.73%), FMR LLC (1.51%) and Northern Trust Corp (1.36%). 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. This page (NYSE:GMS) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding GMS Inc. 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