GMS Company Profile (NYSE:GMS)

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

GMS Inc. (NYSE:GMS) released its quarterly earnings data on Thursday, June, 29th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.02. The business earned $615 million during the quarter, compared to analyst estimates of $614.93 million. GMS had a return on equity of 14.15% and a net margin of 2.11%. The company's revenue was up 16.7% compared to the same quarter last year. During the same period last year, the company posted $0.53 EPS. View GMS's Earnings History.

GMS is scheduled to release their next quarterly earnings announcement on Tuesday, September, 12th 2017. View Earnings Estimates for GMS.

6 brokers have issued 12 month price objectives for GMS's shares. Their forecasts range from $34.00 to $38.00. On average, they expect GMS's stock price to reach $36.20 in the next year. View Analyst Ratings for GMS.

Here are some recent quotes from research analysts about GMS stock:

• 1. According to Zacks Investment Research, "GMS Inc. is a distributor of wallboard and suspended ceilings systems. The company's product consists of wallboard, suspended ceilings systems or ceilings and complementary interior construction products in commercial and residential buildings. GMS Inc. is based in Tucker, United States. " (7/3/2017)
• 2. Seaport Global Securities analysts commented, "As a leader in the consolidating interior building product distribution space, we believe GMS has plenty of room to run to grow the top line both organically and via M&A over the coming years. However, we don't believe we have reached a point of acceleration for the commercial markets or with wallboard pricing. Thus, after the stock's strong move higher, we view the current valuation as fair; and with limited self-help margin opportunities in the near term, we are awaiting a better entry point. Thus, we are initiating on shares of GMS with a Neutral rating." (3/16/2017)

GMS saw a decline in short interest in the month of July. As of July 14th, there was short interest totalling 712,171 shares, a decline of 32.2% from the June 30th total of 1,050,244 shares. Based on an average trading volume of 685,882 shares, the short-interest ratio is presently 1.0 days. Currently, 2.6% of the shares of the stock are sold short.

Some companies that are related to GMS include Rite Aid Corporation (RAD), Groupon (GRPN), Big Lots (BIG), Gamestop Corporation (GME), Office Depot (ODP), Urban Outfitters (URBN), American Eagle Outfitters (AEO), The Cheesecake Factory Incorporated (CAKE), Canada Goose Holdings (GOOS), HSN (HSNI), Arcos Dorados Holdings (ARCO), Children's Place, Inc. (The) (PLCE), Bloomin' Brands (BLMN), Builders FirstSource (BLDR), Buffalo Wild Wings (BWLD), Brinker International (EAT), Restoration Hardware Holdings (RH) and Dillard's (DDS).

GMS's management team includes the folowing people:

• Richard K. Mueller, Chairman of the Board
• G. Michael Callahan Jr, President, Chief Executive Officer, Director
• H. Douglas Goforth, Chief Financial Officer, Vice President, Treasurer
• Richard Alan Adams, Senior Vice President - Operations, Chief Information Officer
• Lynn Ross, Chief Accounting Officer and Corporate Controller
• Craig D. Apolinsky, Vice President, General Counsel, Corporate Secretary
• Justin de la Chapelle, Director
• Brian R. Hoesterey, Director
• J. Louis Sharpe, Director
• Peter Crane Browning, Independent Director

(GMS) raised $154 million in an IPO 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's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.64%), Citadel Advisors LLC (2.93%), Wells Fargo & Company MN (2.34%), The Manufacturers Life Insurance Company (2.02%), Emerald Advisers Inc. PA (1.99%) and Emerald Mutual Fund Advisers Trust (1.59%). Company insiders that own GMS stock include Craig D Apolinsky, Investors Lp Aea, Richard Alan Adams, Richard K Mueller and Theron I Gilliam. View Institutional Ownership Trends for GMS.

GMS's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Intrinsic Edge Capital Management LLC, Neuberger Berman Group LLC, Rubric Capital Management LP, Prudential Financial Inc., Daiwa Securities Group Inc., Essex Investment Management Co. LLC and Globeflex Capital L P. Company insiders that have sold GMS stock in the last year include Investors Lp Aea, Richard Alan Adams and Richard K Mueller. View Insider Buying and Selling for GMS.

GMS's stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Vanguard Group Inc., Koch Industries Inc., Wells Fargo & Company MN, State Street Corp, Balyasny Asset Management LLC, RK Capital Management LLC and UBS Oconnor LLC. Company insiders that have bought GMS stock in the last two years include Craig D Apolinsky and Theron I Gilliam. View Insider Buying and Selling for GMS.

Shares of GMS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GMS stock can currently be purchased for approximately $28.50.