GMS Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GMS stock.
View analyst ratings for GMS or view top-rated stocks.

Wall Street analysts have given GMS a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but GMS wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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GMS saw a increase in short interest in August. As of August 31st, there was short interest totaling 737,600 shares, an increase of 30.9% from the August 15th total of 563,600 shares. Based on an average trading volume of 264,700 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.8% of the shares of the company are sold short.
View GMS's Short Interest.

GMS is scheduled to release its next quarterly earnings announcement on Thursday, December 2nd 2021.
View our earnings forecast for GMS.

GMS Inc. (NYSE:GMS) posted its quarterly earnings results on Wednesday, September, 1st. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.41. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $973.78 million. GMS had a trailing twelve-month return on equity of 23.44% and a net margin of 3.94%. The company's revenue was up 29.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.94 earnings per share.
View GMS's earnings history.

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 increased by 134.9% and is now trading at $45.10.
View which stocks have been most impacted by COVID-19.

8 brokerages have issued 1-year price objectives for GMS's stock. Their forecasts range from $56.00 to $62.00. On average, they expect GMS's stock price to reach $59.67 in the next year. This suggests a possible upside of 32.3% from the stock's current price.
View analysts' price targets for GMS or view top-rated stocks among Wall Street analysts.

11 employees have rated GMS CEO Michael Callahan on Glassdoor.com. Michael Callahan has an approval rating of 78% among GMS's employees.

Some companies that are related to GMS include Beacon Roofing Supply (BECN), Boise Cascade (BCC), Aspen Aerogels (ASPN), Huttig Building Products (HBP) and SG Blocks (SGBX).
View all of GMS's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other GMS investors own include NVIDIA (NVDA), Deere & Company (DE), AT&T (T), Advanced Micro Devices (AMD), Alibaba Group (BABA), Micron Technology (MU), Weyerhaeuser (WY), Applied Materials (AMAT), Caterpillar (CAT) and D.R. Horton (DHI).

(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 investors include BlackRock Inc. (15.92%), Vanguard Group Inc. (12.02%), Coliseum Capital Management LLC (11.52%), FMR LLC (7.72%), Dimensional Fund Advisors LP (5.35%) and Federated Hermes Inc. (4.48%). Company insiders that own GMS stock include Coliseum Capital Management, L, John C Turner Jr, Peter C Browning, Ronald R Ross and Theron I Gilliam.
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, Prudential Financial Inc., Renaissance Technologies LLC, BlackRock Inc., Bank of America Corp DE, JPMorgan Chase & Co., Peregrine Capital Management LLC, and LSV Asset Management. Company insiders that have sold GMS company stock in the last year include John C Turner Jr, Peter C Browning, and Theron I Gilliam.
View insider buying and selling activity for GMS or view top insider-selling stocks.

GMS stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Federated Hermes Inc., Coliseum Capital Management LLC, American Century Companies Inc., SG Capital Management LLC, PEAK6 Investments LLC, Goldman Sachs Group Inc., and Nuveen Asset Management LLC. Company insiders that have bought GMS stock in the last two years include Coliseum Capital Management, L, John C Turner Jr, and Ronald R Ross.
View insider buying and selling activity for GMS or or view top insider-buying stocks.

Shares of GMS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GMS stock can currently be purchased for approximately $45.10.

GMS has a market capitalization of $1.95 billion and generates $3.30 billion in revenue each year. The company earns $105.56 million in net income (profit) each year or $3.54 on an earnings per share basis.

GMS employs 5,913 workers across the globe.

The official website for GMS is www.gms.com.

GMS is headquartered at 100 CRESCENT CENTRE PARKWAY SUITE 800, TUCKER GA, 30084.

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].