NYSE:GMS - GMS Stock Price, Forecast & News

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

GMS Inc (NYSE:GMS) issued its quarterly earnings data on Thursday, December, 5th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.01. The business had revenue of $861.90 million for the quarter, compared to the consensus estimate of $860.95 million. GMS had a return on equity of 19.27% and a net margin of 2.38%. The company's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.89 earnings per share. View GMS's Earnings History.

GMS is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for GMS.

8 equities research analysts have issued 1 year price objectives for GMS's stock. Their forecasts range from $20.00 to $35.00. On average, they expect GMS's share price to reach $30.88 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for GMS.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for GMS.

News headlines about GMS stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. GMS earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for GMS.

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), Stitch Fix (SFIX), Alibaba Group (BABA), GrubHub (GRUB), Snap (SNAP), AT&T (T), Pattern Energy Group (PEGI), Walgreens Boots Alliance (WBA), Caterpillar (CAT) and Deere & Company (DE).

(GMS) raised $154 million in an initial public offering 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 a variety of of retail and institutional investors. Top institutional investors include Prudential Financial Inc. (4.61%), Renaissance Technologies LLC (3.60%), FMR LLC (2.69%), State Street Corp (2.62%), Massachusetts Financial Services Co. MA (1.72%) and Formula Growth Ltd. (1.25%). Company insiders that own GMS stock include Craig D Apolinsky, G Michael Callahan Jr, Investors Fund V Lp Aea, J David Smith, 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 Massachusetts Financial Services Co. MA, Jane Street Group LLC, Marshall Wace North America L.P., Formula Growth Ltd., Cubist Systematic Strategies LLC, Algert Global LLC, FMR LLC and Oxford Asset Management LLP. 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 Prudential Financial Inc., Renaissance Technologies LLC, AXA, AJO LP, State Street Corp, Seizert Capital Partners LLC, Assenagon Asset Management S.A. and Hancock Whitney Corp. 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 $28.93.

GMS has a market capitalization of $1.22 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]