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. Since then, GMS shares have increased by 11.3% and is now trading at $21.37. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 4 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, June 25th 2020. View our earnings forecast for GMS.

GMS Inc (NYSE:GMS) announced its quarterly earnings results on Thursday, March, 5th. The company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. The firm earned $761.40 million during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $0.41 EPS. View GMS's earnings history.

9 equities research analysts have issued twelve-month price targets for GMS's stock. Their forecasts range from $15.00 to $33.00. On average, they expect GMS's share price to reach $24.89 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View analysts' price targets for GMS.

Media headlines about GMS stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news 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 closest to five being the most favorable. GMS earned a media sentiment score of -3.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. 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). 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 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.73%), Federated Hermes Inc. (4.95%), State Street Corp (3.01%), Massachusetts Financial Services Co. MA (1.99%), Nuveen Asset Management LLC (1.61%) and Reinhart Partners Inc. (1.56%). Company insiders that own GMS stock include Craig D Apolinsky, G Michael Callahan Jr, Investors Fund V Lp Aea, J David Smith, 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 BlackRock Inc., AJO LP, Healthcare of Ontario Pension Plan Trust Fund, Nuveen Asset Management LLC, BNP Paribas Arbitrage SA, Morgan Stanley, Public Sector Pension Investment Board, and APG Asset Management N.V.. 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 activity for GMS.

GMS stock was purchased by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Federated Hermes Inc., State Street Corp, Massachusetts Financial Services Co. MA, Lumbard & Kellner LLC, Eaton Vance Management, Vident Investment Advisory LLC, and Alliancebernstein L.P.. Company insiders that have bought GMS stock in the last two years include Craig D Apolinsky, J David Smith, 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 $21.37.

GMS has a market capitalization of $904.40 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.

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]