NYSE:GMS - GMS Stock Price, Forecast & News

GMS's stock was trading at $19.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GMS shares have decreased by 25.3% and is now trading at $14.34. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 2 hold ratings, 5 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, June 25th 2020. View our earnings forecast for GMS.

GMS Inc (NYSE:GMS) posted its quarterly earnings data on Thursday, March, 5th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.01. The firm had revenue of $761.40 million for the quarter, compared to analyst estimates of $755.67 million. GMS had a net margin of 2.51% and a return on equity of 19.47%. The company's revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.41 EPS. View GMS's earnings history.

8 equities research analysts have issued 12 month price targets for GMS's shares. Their forecasts range from $20.00 to $33.00. On average, they expect GMS's share price to reach $28.75 in the next twelve months. This suggests a possible upside of 100.5% from the stock's current price. View analysts' price targets for GMS.

Headlines about GMS stock have been trending very negative on Friday, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -3.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutGMS.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other GMS investors own include NVIDIA (NVDA), AT&T (T), Stitch Fix (SFIX), Alibaba Group (BABA), Caterpillar (CAT), GrubHub (GRUB), Johnson & Johnson (JNJ), Snap (SNAP), Applied Materials (AMAT) and Advanced Micro Devices (AMD).

(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.

GMS trades on the New York Stock Exchange (NYSE) under the ticker symbol "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 $14.34.

GMS has a market capitalization of $606.88 million and generates $3.12 billion in revenue each year. The company earns $56 million in net income (profit) each year or $2.80 on an earnings per share basis. GMS employs 5,800 workers across the globe. View additional information about GMS.

The official website for GMS is http://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]