NYSE:GMS - GMS Stock Price, News & Analysis

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, June, 27th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by $0.03. The firm earned $780.10 million during the quarter, compared to analysts' expectations of $784.40 million. GMS had a return on equity of 18.94% and a net margin of 1.80%. The company's quarterly revenue was up 22.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 earnings per share. View GMS's Earnings History.

GMS is scheduled to release their next quarterly earnings announcement on Thursday, August 29th 2019. View Earnings Estimates for GMS.

GMS will be holding an earnings conference call on Thursday, August 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

8 brokerages have issued 1 year target prices for GMS's shares. Their predictions range from $20.00 to $34.00. On average, they anticipate GMS's stock price to reach $25.00 in the next year. This suggests a possible upside of 13.3% 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 articles about GMS stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. GMS earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media 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 decline in short interest during the month of July. As of July 31st, there was short interest totalling 903,900 shares, a decline of 17.1% from the June 30th total of 1,090,800 shares. Based on an average daily trading volume, of 417,200 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.8% of the shares of the company are sold short. 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), Tata Motors (TTM), Micron Technology (MU), Alibaba Group (BABA), Weyerhaeuser (WY), Intuitive Surgical (ISRG), NXP Semiconductors (NXPI), Caterpillar (CAT), Deere & Company (DE) and GrubHub (GRUB).

(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 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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.69%), Vanguard Group Inc. (8.64%), Prudential Financial Inc. (1.64%), Nuveen Asset Management LLC (1.59%), Northern Trust Corp (1.06%) and Bank of New York Mellon Corp (1.02%). Company insiders that own GMS stock include Craig D Apolinsky, G Michael Callahan Jr, H Douglas Goforth, 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 Victory Capital Management Inc., Morgan Stanley, Prudential Financial Inc., Peregrine Capital Management LLC, D. E. Shaw & Co. Inc., AQR Capital Management LLC, Gratia Capital LLC and Allianz Asset Management GmbH. View Insider Buying and Selling for GMS.

GMS stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Vanguard Group Inc., Bank of New York Mellon Corp, Renaissance Technologies LLC, Invesco Ltd., JPMorgan Chase & Co. and Trexquant Investment LP. 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, Scottrade, Fidelity and Charles Schwab.

One share of GMS stock can currently be purchased for approximately $22.07.

GMS has a market capitalization of $891.19 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.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]