NYSE:GMSGMS Stock Price, Forecast & News

GMS's stock was trading at $19.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GMS stock has increased by 6.7% and is now trading at $20.49. 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 (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.01. The company had revenue of $761.40 million for 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 firm's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period last year, the company earned $0.41 EPS. View GMS's earnings history.

9 analysts have issued 12 month price objectives for GMS's shares. Their forecasts range from $15.00 to $33.00. On average, they expect GMS's stock price to reach $24.89 in the next year. This suggests a possible upside of 21.5% from the stock's current price. View analysts' price targets for GMS.

News articles about GMS stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. GMS earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact 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). 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 many different institutional and retail investors. Top institutional investors 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 bought 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 $20.49.

GMS has a market capitalization of $867.14 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]