NYSE:GMS - GMS Stock Price, Forecast & News

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

GMS Inc (NYSE:GMS) posted its quarterly earnings results on Thursday, December, 5th. The company reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.01. The company earned $861.90 million during the quarter, compared to analysts' expectations of $860.95 million. GMS had a return on equity of 19.27% and a net margin of 2.38%. GMS's revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.89 EPS. View GMS's Earnings History.

GMS is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for GMS.

8 Wall Street analysts have issued 1-year price targets for GMS's shares. Their forecasts range from $20.00 to $35.00. On average, they expect GMS's stock price to reach $30.88 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for GMS.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for GMS.

Media headlines about GMS stock have trended extremely negative recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. GMS earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other GMS investors own include NVIDIA (NVDA), Stitch Fix (SFIX), Alibaba Group (BABA), GrubHub (GRUB), Snap (SNAP), AT&T (T), Pattern Energy Group (PEGI), Walgreens Boots Alliance (WBA), Caterpillar (CAT) and Deere & Company (DE).

(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 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's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.74%), Assenagon Asset Management S.A. (0.20%), Bowling Portfolio Management LLC (0.09%), New York State Teachers Retirement System (0.07%), Strs Ohio (0.07%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own GMS stock include Craig D Apolinsky, G Michael Callahan Jr, Investors Fund V Lp Aea, J David Smith, 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 Louisiana State Employees Retirement System, Peregrine Capital Management LLC and New York State Teachers Retirement System. Company insiders that have sold GMS company stock in the last year include G Michael Callahan Jr, Investors Fund V Lp Aea and Ronald R Ross. View Insider Buying and Selling for GMS.

GMS stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Bowling Portfolio Management LLC, Nkcfo LLC, Miles Capital Inc., Strs Ohio and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have bought GMS stock in the last two years include Craig D Apolinsky, J David Smith, John J Gavin, Lynn Ross, Richard Alan Adams and Ronald R Ross. View Insider Buying and Selling 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 $27.78.

GMS has a market capitalization of $1.17 billion 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]