GMS Stock Price, News & Analysis (NYSE:GMS)

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

GMS Inc (NYSE:GMS) announced its quarterly earnings results on Thursday, August, 29th. The company reported $0.89 EPS for the quarter, beating the Zacks' consensus estimate of $0.84 by $0.05. The company had revenue of $847.20 million for the quarter, compared to analysts' expectations of $837.65 million. GMS had a net margin of 2.27% and a return on equity of 18.99%. GMS's revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.82 EPS. View GMS's Earnings History.

GMS is scheduled to release their next quarterly earnings announcement on Tuesday, December 3rd 2019. View Earnings Estimates for GMS.

9 analysts have issued 12 month price targets for GMS's stock. Their predictions range from $20.00 to $34.00. On average, they expect GMS's share price to reach $29.78 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for GMS.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for GMS.

Media coverage about GMS stock has trended somewhat negative on Saturday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. GMS earned a coverage optimism score of -1.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for GMS.

GMS saw a decrease in short interest in the month of September. As of September 15th, there was short interest totalling 740,600 shares, a decrease of 19.2% from the August 15th total of 917,000 shares. Based on an average daily trading volume, of 719,200 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.8% of the shares of the stock are short sold. View GMS's Current Options Chain.

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), Micron Technology (MU), Alibaba Group (BABA), Caterpillar (CAT), Johnson & Johnson (JNJ), Weyerhaeuser (WY), Ctrip.Com International (CTRP), Intuitive Surgical (ISRG), NXP Semiconductors (NXPI) and American Tower (AMT).

(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 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 institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.75%), State of Alaska Department of Revenue (0.08%), Pacer Advisors Inc. (0.07%), Crossmark Global Holdings Inc. (0.05%), Bailard Inc. (0.03%) and Meeder Asset Management Inc. (0.01%). Company insiders that own GMS stock include Craig D Apolinsky, G Michael Callahan Jr, H Douglas Goforth, Investors Fund V Lp Aea, Investors Lp Aea, J David Smith, John J Gavin, Lynn Ross, Richard Alan Adams, Richard K Mueller 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 Peregrine Capital Management LLC. 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 for GMS.

GMS stock was bought by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., State of Alaska Department of Revenue, Bailard Inc., Meeder Asset Management Inc., Crossmark Global Holdings Inc. and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have bought GMS stock in the last two years include Craig D Apolinsky, J David Smith, John J Gavin, Lynn Ross, Richard Alan Adams and Ronald R Ross. View Insider Buying and Selling 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 $29.92.

GMS has a market capitalization of $1.25 billion 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]