NYSE:GMS - GMS Stock Price, Forecast & News

GMS's stock was trading at $19.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GMS stock has decreased by 19.3% and is now trading at $15.49. 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 results on Thursday, March, 5th. The company reported $0.52 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.01. The business had revenue of $761.40 million for the quarter, compared to analyst estimates of $755.67 million. GMS had a return on equity of 19.47% and a net margin of 2.51%. The business's quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share. View GMS's earnings history.

8 brokerages have issued 12 month price objectives for GMS's stock. Their forecasts range from $20.00 to $33.00. On average, they anticipate GMS's share price to reach $28.75 in the next twelve months. This suggests a possible upside of 85.6% from the stock's current price. View analysts' price targets for GMS.

News articles about GMS stock have trended extremely negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. GMS earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. 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), Advanced Micro Devices (AMD) and Micron Technology (MU).

(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 institutional and retail investors. Top institutional shareholders include Prudential Financial Inc. (4.61%), Renaissance Technologies LLC (3.60%), FMR LLC (2.69%), State Street Corp (2.62%), Nuveen Asset Management LLC (1.98%) and Massachusetts Financial Services Co. MA (1.72%). 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 Massachusetts Financial Services Co. MA, Jane Street Group LLC, Marshall Wace North America L.P., Formula Growth Ltd., Cubist Systematic Strategies LLC, Algert Global LLC, FMR LLC, and Oxford Asset Management LLP. 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 Prudential Financial Inc., Renaissance Technologies LLC, AXA, AJO LP, Nuveen Asset Management LLC, State Street Corp, Seizert Capital Partners LLC, and Assenagon Asset Management S.A.. 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 $15.49.

GMS has a market capitalization of $655.54 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]