GMS Stock Forecast, Price & News

8 Wall Street equities 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 equities 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 decrease in short interest during the month of July. As of July 15th, there was short interest totaling 692,400 shares, a decrease of 16.4% from the June 30th total of 827,900 shares. Based on an average trading volume of 260,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.7% of the shares of the stock are short sold.
View GMS's Short Interest.

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

GMS Inc. (NYSE:GMS) posted its quarterly earnings results on Wednesday, June, 23rd. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.22. The business earned $932.20 million during the quarter, compared to the consensus estimate of $862.04 million. GMS had a trailing twelve-month return on equity of 20.56% and a net margin of 3.20%. GMS's revenue for the quarter was up 20.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.56 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 (WHO). Since then, GMS stock has increased by 161.5% and is now trading at $50.20.
View which stocks have been most impacted by COVID-19.

8 brokerages have issued 1 year price objectives for GMS's shares. Their forecasts range from $30.00 to $60.00. On average, they expect GMS's share price to reach $51.00 in the next year. This suggests a possible upside of 1.6% 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).
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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 $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 variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%), Hillsdale Investment Management Inc. (0.05%) and Marotta Asset Management (0.02%). Company insiders that own GMS stock include Coliseum Capital Management, L, Investors Fund V Lp Aea, John C Turner Jr, 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 Marotta Asset Management. Company insiders that have sold GMS company stock in the last year include John C Turner Jr, and Theron I Gilliam.
View insider buying and selling activity for GMS or view top insider-selling stocks.

GMS stock was bought by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc., and State of Alaska Department of Revenue. 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 $50.20.

GMS has a market capitalization of $2.16 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 5,843 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]