NYSE:GMSGMS Stock Price, Forecast & News

GMS's stock was trading at $19.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GMS shares have increased by 39.0% and is now trading at $26.69.
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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) released its quarterly earnings results on Thursday, June, 25th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.04. The business earned $770.90 million during the quarter, compared to the consensus estimate of $734.20 million. GMS had a return on equity of 18.74% and a net margin of 0.72%. The business's quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 earnings per share.
View GMS's earnings history.

10 equities research analysts have issued twelve-month price targets for GMS's shares. Their forecasts range from $15.00 to $33.00. On average, they anticipate GMS's share price to reach $25.70 in the next year. This suggests that the stock has a possible downside of 3.7%.
View analysts' price targets for GMS.

Press coverage about GMS stock has trended very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. GMS earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about GMS.

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 NVIDIA (NVDA), AT&T (T), Alibaba Group (BABA), Caterpillar (CAT), Deere & Company (DE), Verizon Communications (VZ), Adobe (ADBE), Applied Materials (AMAT), Enterprise Products Partners (EPD) and GrubHub (GRUB).

(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 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.

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 Reinhart Partners Inc. (2.12%), Victory Capital Management Inc. (1.34%), LSV Asset Management (1.00%), Principal Financial Group Inc. (0.79%), Peregrine Capital Management LLC (0.73%) and Assenagon Asset Management S.A. (0.52%). 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 Mackay Shields LLC, Hancock Whitney Corp, Seizert Capital Partners LLC, First Trust Advisors LP, Principal Financial Group Inc., Vident Investment Advisory LLC, Vident Investment Advisory LLC, and Bowling Portfolio Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., LSV Asset Management, Reinhart Partners Inc., Assenagon Asset Management S.A., Russell Investments Group Ltd., Swiss National Bank, Adams Wealth Management, and Zurcher Kantonalbank Zurich Cantonalbank. 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 $26.69.

GMS has a market capitalization of $1.14 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]