GMS Inc. is a distributor of wallboard and suspended ceilings systems, or ceilings. The Company provides a product offering of over 20,000 stock keeping units (SKUs) of wallboard, ceilings and complementary interior construction products for interior contractors. It offers steel framing and ancillary products for its customers. Its Wallboard is a building product for interior and exterior walls and ceilings in residential and commercial structures. Its ceilings product line consists of suspended mineral fiber, soft fiber and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools and a range of other commercial and institutional buildings. Its steel framing product line consists of steel track, studs and various other steel products used to frame the interior walls of a commercial or institutional building. It supplies complementary products, including insulation, ready-mix-joint compound and various other interior construction products.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Wood Product Wholesale
- Sub-Industry: N/A
- Symbol: NYSE:GMS
- CUSIP: N/A
- Web: www.gms.com
- Market Cap: $1.42 billion
- Outstanding Shares: 40,970,000
- 50 Day Moving Avg: $33.83
- 200 Day Moving Avg: $33.83
- 52 Week Range: $20.51 - $35.00
Sales & Book Value:
- Trailing P/E Ratio: 26.70
- Foreward P/E Ratio: 14.68
- P/E Growth: 0.84
- Annual Revenue: $2.41 billion
- Price / Sales: 0.59
- Book Value: $12.95 per share
- Price / Book: 2.69
- EBIDTA: $182.43 million
- Net Margins: 2.28%
- Return on Equity: 14.13%
- Return on Assets: 5.12%
- Debt-to-Equity Ratio: 1.11%
- Current Ratio: 2.80%
- Quick Ratio: 1.82%
- Average Volume: 547,143 shs.
- Beta: 3.31
- Short Ratio: 1.55
Frequently Asked Questions for GMS (NYSE:GMS)
What is GMS's stock symbol?
GMS trades on the New York Stock Exchange (NYSE) under the ticker symbol "GMS."
How were GMS's earnings last quarter?
GMS Inc. (NYSE:GMS) released its quarterly earnings results on Wednesday, September, 6th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.47. The business earned $642.20 million during the quarter, compared to analysts' expectations of $645.19 million. GMS had a return on equity of 14.13% and a net margin of 2.28%. The firm's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.46 earnings per share. View GMS's Earnings History.
When will GMS make its next earnings announcement?
Where is GMS's stock going? Where will GMS's stock price be in 2017?
6 equities research analysts have issued 12 month price targets for GMS's shares. Their predictions range from $34.00 to $39.00. On average, they anticipate GMS's stock price to reach $36.40 in the next twelve months. View Analyst Ratings for GMS.
What are analysts saying about GMS stock?
Here are some recent quotes from research analysts about GMS stock:
- 1. According to Zacks Investment Research, "GMS Inc. is a distributor of wallboard and suspended ceilings systems. The company's product consists of wallboard, suspended ceilings systems or ceilings and complementary interior construction products in commercial and residential buildings. GMS Inc. is based in Tucker, United States. " (9/4/2017)
- 2. Seaport Global Securities analysts commented, "As a leader in the consolidating interior building product distribution space, we believe GMS has plenty of room to run to grow the top line both organically and via M&A over the coming years. However, we don't believe we have reached a point of acceleration for the commercial markets or with wallboard pricing. Thus, after the stock's strong move higher, we view the current valuation as fair; and with limited self-help margin opportunities in the near term, we are awaiting a better entry point. Thus, we are initiating on shares of GMS with a Neutral rating." (3/16/2017)
Who are some of GMS's key competitors?
Some companies that are related to GMS include Five Below (FIVE), Aaron's, (AAN), Papa John's International (PZZA), PriceSmart (PSMT), Groupon (GRPN), Sprouts Farmers Market (SFM), Sally Beauty Holdings (SBH), Urban Outfitters (URBN), Rite Aid Corporation (RAD), American Eagle Outfitters (AEO), Office Depot (ODP), Dave & Buster's Entertainment (PLAY), Big Lots (BIG), Arcos Dorados Holdings (ARCO), Canada Goose Holdings (GOOS), HSN (HSNI), Gamestop Corporation (GME) and Children's Place, Inc. (The) (PLCE).
Who are GMS's key executives?
GMS's management team includes the folowing people:
- Richard K. Mueller, Chairman of the Board
- G. Michael Callahan Jr, President, Chief Executive Officer, Director
- H. Douglas Goforth, Chief Financial Officer, Vice President, Treasurer
- Richard Alan Adams, Senior Vice President - Operations, Chief Information Officer
- Lynn Ross, Chief Accounting Officer and Corporate Controller
- Craig D. Apolinsky, Vice President, General Counsel, Corporate Secretary
- Justin de la Chapelle, Director
- Brian R. Hoesterey, Director
- J. Louis Sharpe, Director
- Peter Crane Browning, Independent Director
When did GMS IPO?
(GMS) raised $154 million in an 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.
Who owns GMS stock?
GMS's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.64%), Citadel Advisors LLC (2.93%), Wells Fargo & Company MN (2.34%), The Manufacturers Life Insurance Company (2.02%), Emerald Advisers Inc. PA (1.99%) and Emerald Mutual Fund Advisers Trust (1.59%). Company insiders that own GMS stock include Craig D Apolinsky, Investors Lp Aea, Richard Alan Adams, Richard K Mueller and Theron I Gilliam. View Institutional Ownership Trends for GMS.
Who sold GMS stock? Who is selling GMS stock?
GMS's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Intrinsic Edge Capital Management LLC, Neuberger Berman Group LLC, Rubric Capital Management LP, Prudential Financial Inc., Daiwa Securities Group Inc., Essex Investment Management Co. LLC and Globeflex Capital L P. Company insiders that have sold GMS stock in the last year include Investors Lp Aea, Richard Alan Adams and Richard K Mueller. View Insider Buying and Selling for GMS.
Who bought GMS stock? Who is buying GMS stock?
GMS's stock was purchased by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Vanguard Group Inc., Koch Industries Inc., Wells Fargo & Company MN, State Street Corp, Balyasny Asset Management LLC, RK Capital Management LLC and UBS Oconnor LLC. Company insiders that have bought GMS stock in the last two years include Craig D Apolinsky and Theron I Gilliam. View Insider Buying and Selling for GMS.
How do I buy GMS stock?
Shares of GMS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is GMS's stock price today?
MarketBeat Community Rating for GMS (NYSE GMS)MarketBeat's community ratings are surveys of what our community members think about GMS and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of GMS stock can currently be purchased for approximately $34.78.
Consensus Ratings for GMS (NYSE:GMS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.83)|
|Consensus Price Target: ||$36.40 (4.66% upside)|
Analysts' Ratings History for GMS (NYSE:GMS)
(Data available from 9/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/7/2017||Royal Bank Of Canada||Boost Price Target||Outperform -> Outperform||$34.00 -> $39.00||Low|
|7/3/2017||Stephens||Lower Price Target||Overweight||$40.00 -> $36.00||Low|
|7/3/2017||Northcoast Research||Upgrade||Neutral -> Buy||$34.00||Low|
|3/16/2017||Seaport Global Securities||Initiated Coverage||Neutral -> Neutral||Low|
|3/11/2017||Barclays PLC||Reiterated Rating||Overweight||$36.00 -> $37.00||N/A|
|3/1/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||$32.00 -> $36.00||N/A|
|6/28/2016||Credit Suisse Group||Reiterated Rating||Buy||N/A|
|6/20/2016||SunTrust Banks, Inc.||Initiated Coverage||Buy||$28.00||N/A|
|6/20/2016||Raymond James Financial, Inc.||Initiated Coverage||Outperform||$26.00||N/A|
Earnings History for GMS (NYSE:GMS)Earnings History by Quarter for GMS (NYSE GMS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/6/2017||Q1 2018||$0.47||$0.47||$645.19 million||$642.20 million||View||Listen|
|6/29/2017||4/30/2017||$0.46||$0.48||$614.93 million||$615.00 million||View||N/A|
|3/9/2017||Q3 2017||$0.32||$0.32||$562.44 million||$562.50 million||View||Listen|
|12/13/2016||Q217||$0.48||$0.46||$580.70 million||$591.80 million||View||N/A|
|9/13/2016||Q117||$0.46||$0.46||$549.20 million||$549.80 million||View||Listen|
|7/12/2016||Q416||$0.36||$0.53||$525.79 million||$527.18 million||View||Listen|
Earnings Estimates for GMS (NYSE:GMS)
2017 EPS Consensus Estimate: $1.67
2018 EPS Consensus Estimate: $2.01
2019 EPS Consensus Estimate: $2.38
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for GMS (NYSE:GMS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for GMS (NYSE:GMS)
Insider Ownership Percentage: 5.90%Insider Trades by Quarter for GMS (NYSE:GMS)
Institutional Ownership Percentage: 55.51%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/7/2017||Investors Lp Aea||Major Shareholder||Sell||2,902,129||$31.68||$91,939,446.72|| |
|6/7/2017||Richard Alan Adams||SVP||Sell||83,950||$31.68||$2,659,536.00|| |
|6/7/2017||Richard K Mueller||Chairman||Sell||1,000,000||$31.68||$31,680,000.00|| |
|6/1/2016||Craig D Apolinsky||VP||Buy||4,700||$21.00||$98,700.00|| |
|6/1/2016||Theron I Gilliam||Director||Buy||10,000||$21.00||$210,000.00|| |
Headline Trends for GMS (NYSE:GMS)
Latest Headlines for GMS (NYSE:GMS)
|ETFs with exposure to GMS, Inc. : September 13, 2017|
finance.yahoo.com - September 14 at 2:46 AM
|GMS, Inc. :GMS-US: Earnings Analysis: Q1, 2018 By the Numbers : September 12, 2017|
finance.yahoo.com - September 12 at 7:59 PM
|Q4 2018 EPS Estimates for GMS Inc. (GMS) Decreased by Analyst|
www.americanbankingnews.com - September 11 at 10:12 AM
|Q3 2018 EPS Estimates for GMS Inc. (GMS) Raised by Seaport Global Securities|
www.americanbankingnews.com - September 11 at 6:58 AM
|Q2 2018 Earnings Estimate for GMS Inc. Issued By SunTrust Banks (GMS)|
www.americanbankingnews.com - September 11 at 5:52 AM
|GMS Inc. (GMS) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - September 9 at 11:04 AM
|Gypsum Management and Supply's (GMS) CEO Mike Callahan on Q1 2018 Results - Earnings Call Transcript|
seekingalpha.com - September 8 at 7:39 PM
|GMS Inc. (GMS) Misses Q1 EPS by 10c, Miiss on Revenues|
www.streetinsider.com - September 8 at 7:39 PM
|Oncobiologics announces strategic partnership with GMS Tenshi Holdings Pte. Limited|
www.marketwatch.com - September 8 at 7:39 PM
|GMS Shows Rising Price Performance With Jump To 83 RS Rating|
finance.yahoo.com - September 8 at 7:39 PM
|SunTrust Banks Analysts Raise Earnings Estimates for GMS Inc. (GMS)|
www.americanbankingnews.com - September 8 at 12:26 PM
|GMS Inc. Expected to Earn Q2 2018 Earnings of $0.57 Per Share (GMS)|
www.americanbankingnews.com - September 8 at 9:52 AM
|GMS Inc. (GMS) Looks Good: Stock Adds 5.3% in Session|
finance.yahoo.com - September 7 at 7:23 PM
|GMS Inc. (GMS) Price Target Increased to $39.00 by Analysts at Royal Bank Of Canada|
www.americanbankingnews.com - September 7 at 1:00 PM
|Edited Transcript of GMS earnings conference call or presentation 6-Sep-17 2:00pm GMT|
finance.yahoo.com - September 7 at 12:01 AM
|GMS Reports Record Sales and Adjusted EBITDA for First Quarter 2018|
finance.yahoo.com - September 6 at 7:00 PM
|GMS Inc. (GMS) Posts Earnings Results|
www.americanbankingnews.com - September 6 at 8:50 AM
|GMS Inc. (GMS) Expected to Post Quarterly Sales of $649.71 Million|
www.americanbankingnews.com - September 6 at 2:50 AM
|Zacks: Analysts Anticipate GMS Inc. (GMS) Will Announce Earnings of $0.47 Per Share|
www.americanbankingnews.com - September 5 at 12:30 AM
|GMS Inc. (GMS) Lifted to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - September 4 at 11:18 PM
|GMS, Inc. – Value Analysis (NYSE:GMS) : September 1, 2017|
finance.yahoo.com - September 1 at 12:02 AM
|Stocks Showing Improved Relative Strength: GMS|
finance.yahoo.com - August 30 at 4:28 PM
|GMS Inc. (GMS) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - August 30 at 1:38 AM
|GMS, Inc. breached its 50 day moving average in a Bullish Manner : GMS-US : August 28, 2017|
finance.yahoo.com - August 28 at 6:50 PM
|GMS Announces Date for First Quarter Fiscal 2018 Earnings Release and Conference Call|
www.businesswire.com - August 22 at 7:41 PM
|Zacks: Brokerages Expect GMS Inc. (GMS) Will Announce Quarterly Sales of $649.71 Million|
www.americanbankingnews.com - August 19 at 5:44 AM
|GMS Inc. (GMS) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - August 15 at 2:50 PM
|ETFs with exposure to GMS, Inc. : August 8, 2017|
finance.yahoo.com - August 8 at 6:52 PM
|GMS Inc.: Still An Intriguing Play For Macro And Housing Bulls|
seekingalpha.com - August 4 at 7:23 PM
|Etsy, Inc. Swings to a Profit|
www.fool.com - August 4 at 7:23 PM
|GM's Chevy Bolt beats Tesla's Model S in Consumer Reports' range test|
www.marketwatch.com - August 3 at 4:11 PM
|Atlanta wallboard distributor GMS Inc. bolsters its Michigan footprint|
www.bizjournals.com - August 2 at 8:46 PM
|GMS Strengthens Michigan Presence with Acquisition of ASI Building Products|
finance.yahoo.com - August 2 at 3:45 PM
|Short Interest in GMS Inc. (GMS) Drops By 32.2%|
www.americanbankingnews.com - August 2 at 7:10 AM
|GYP Holdings III Corp. -- Moody's upgrades GYP Holdings III Corp.'s CFR to B1; outlook stable|
finance.yahoo.com - July 22 at 12:34 AM
|GMS Inc. (GMS) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - July 21 at 2:44 PM
|The State of Guanajuato Celebrates Guanajuato Days in Los Angeles|
www.bizjournals.com - July 19 at 7:47 PM
|Earnings Review and Free Research Report: GMS Generated Record Revenue; GAAP Net Income Soared 61%|
finance.yahoo.com - July 12 at 7:48 PM
| Analysts Anticipate GMS Inc. (GMS) Will Post Quarterly Sales of $649.71 Million|
www.americanbankingnews.com - July 8 at 11:00 AM
|Zacks: Analysts Anticipate GMS Inc. (NYSE:GMS) to Announce $0.47 EPS|
www.americanbankingnews.com - July 6 at 7:42 AM
|ETFs with exposure to GMS, Inc. : July 5, 2017|
finance.yahoo.com - July 5 at 7:47 PM
|GMS, Inc. :GMS-US: Earnings Analysis: Q4, 2017 By the Numbers : July 4, 2017|
finance.yahoo.com - July 5 at 7:43 AM
|GMS Inc. (NYSE:GMS) Expected to Earn Q1 2018 Earnings of $0.45 Per Share|
www.americanbankingnews.com - July 4 at 11:24 AM
|GMS Inc. (GMS) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - July 3 at 11:22 PM
|GMS Inc. (NYSE:GMS) Upgraded by Northcoast Research to "Buy"|
www.americanbankingnews.com - July 3 at 10:52 AM
|GMS Inc. (NYSE:GMS) to Post Q1 2018 Earnings of $0.44 Per Share, SunTrust Banks Forecasts|
www.americanbankingnews.com - July 3 at 10:07 AM
|Stephens Reaffirms "Overweight" Rating for GMS Inc. (NYSE:GMS)|
www.americanbankingnews.com - July 3 at 9:40 AM
|GMS Inc. (GMS) to Post Q1 2018 Earnings of $0.47 Per Share, Seaport Global Securities Forecasts|
www.americanbankingnews.com - July 3 at 8:34 AM
|GMS Inc (GMS) Files 10-K for the Fiscal Year Ended on April 30, 2017|
finance.yahoo.com - June 30 at 8:23 PM
|GMS Reports Record Sales for Fourth Quarter and Fiscal 2017|
finance.yahoo.com - June 29 at 11:04 PM
GMS (GMS) Chart for Friday, September, 22, 2017