NYSE:GMSGMS Stock Price, Forecast & News

GMS's stock was trading at $19.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GMS shares have increased by 38.6% and is now trading at $26.62.
View which stocks have been most impacted by COVID-19.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for GMS.

GMS is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020.
View our earnings forecast for GMS.

GMS Inc (NYSE:GMS) posted its earnings results on Thursday, June, 25th. The company reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.04. The firm earned $770.90 million during the quarter, compared to the consensus estimate of $734.20 million. GMS had a net margin of 0.72% and a return on equity of 18.74%. The business's quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 earnings per share.
View GMS's earnings history.

10 brokers have issued 1 year price targets for GMS's stock. Their forecasts range from $15.00 to $33.00. On average, they anticipate GMS's share price to reach $25.70 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for GMS.

Headlines about GMS stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. GMS earned a news impact score of -1.8 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about GMS.

GMS saw a increase in short interest in June. As of June 15th, there was short interest totaling 1,350,000 shares, an increase of 16.4% from the May 31st total of 1,160,000 shares. Based on an average daily volume of 397,800 shares, the days-to-cover ratio is presently 3.4 days.
View GMS's Short Interest.

Some companies that are related to GMS include Beacon Roofing Supply (BECN), Boise Cascade (BCC), Foundation Building Materials (FBM), Aspen Aerogels (ASPN) and Huttig Building Products (HBP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other GMS investors own include Deere & Company (DE), NVIDIA (NVDA), AT&T (T), Advanced Micro Devices (AMD), Alibaba Group (BABA), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Applied Materials (AMAT), Caterpillar (CAT) and D. R. Horton (DHI).

(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 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.

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

GMS's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.80%), FMR LLC (4.65%), Federated Hermes Inc. (4.31%), Prudential Financial Inc. (4.08%), Reinhart Partners Inc. (2.12%) and Victory Capital Management Inc. (1.34%). Company insiders that own GMS stock include G Michael Callahan Jr, Investors Fund V Lp Aea, John C Turner Jr, John J Gavin, Lynn Ross, Richard Alan Adams and Ronald R Ross.
View institutional ownership trends for GMS.

GMS stock was sold by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Goldman Sachs Group Inc., Vanguard Group Inc., Mackay Shields LLC, Healthcare of Ontario Pension Plan Trust Fund, ClariVest Asset Management LLC, Bank of America Corp DE, and Hancock Whitney Corp. Company insiders that have sold GMS company stock in the last year include Investors Fund V Lp Aea, and Ronald R Ross.
View insider buying and selling activity for GMS.

GMS stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Victory Capital Management Inc., LSV Asset Management, Reinhart Partners Inc., Assenagon Asset Management S.A., Teacher Retirement System of Texas, Prudential Financial Inc., and Marshall Wace North America L.P.. Company insiders that have bought GMS stock in the last two years include John C Turner Jr, John J Gavin, Lynn Ross, Richard Alan Adams, and Ronald R Ross.
View insider buying and selling activity for GMS.

Shares of GMS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GMS stock can currently be purchased for approximately $26.62.

GMS has a market capitalization of $1.13 billion and generates $3.24 billion in revenue each year. The company earns $23.38 million in net income (profit) each year or $2.97 on an earnings per share basis. GMS employs 5,913 workers across the globe.

The official website for GMS is www.gms.com.

GMS's mailing address is 100 CRESCENT CENTRE PARKWAY SUITE 800, TUCKER GA, 30084. The company can be reached via phone at 800-392-4619 or via email at [email protected]