NYSE:GMSGMS 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 increased by 21.1% and is now trading at $23.26. View which stocks have been most impacted by Coronavirus.

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 for the quarter, topping the consensus estimate of $0.52 by $0.04. The business earned $770.90 million during the quarter, compared to analysts' expectations of $734.20 million. GMS had a return on equity of 18.74% and a net margin of 0.72%. The company's revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 earnings per share. View GMS's earnings history.

10 Wall Street analysts have issued 12-month price objectives for GMS's shares. Their forecasts range from $15.00 to $33.00. On average, they expect GMS's stock price to reach $25.70 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View analysts' price targets for GMS.

Media headlines about GMS stock have trended somewhat negative on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. GMS earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate 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). View all competitors.

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 initial public offering (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 a number of retail and institutional investors. Top institutional shareholders include Reinhart Partners Inc. (2.12%), Livforsakringsbolaget Skandia Omsesidigt (0.08%) and Envestnet Asset Management Inc. (0.02%). 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 bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Envestnet Asset Management Inc., and Livforsakringsbolaget Skandia Omsesidigt. 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 $23.26.

GMS has a market capitalization of $990.97 million 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]