NYSE:GMSGMS Stock Price, Forecast & News

GMS's stock was trading at $19.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GMS shares have increased by 40.1% and is now trading at $26.89.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last year. There are currently 5 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, September 3rd 2020.
View our earnings forecast for GMS.

GMS Inc (NYSE:GMS) posted its quarterly earnings results on Thursday, June, 25th. The company reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.04. The company earned $770.90 million during the quarter, compared to analyst estimates of $734.20 million. GMS had a net margin of 0.72% and a return on equity of 18.74%. The firm's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.68 EPS.
View GMS's earnings history.

10 equities research analysts have issued 1-year target prices for GMS's stock. Their forecasts range from $15.00 to $33.00. On average, they anticipate GMS's share price to reach $25.70 in the next year. This suggests that the stock has a possible downside of 4.4%.
View analysts' price targets for GMS.

News headlines about GMS stock have trended very positive on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing 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 media sentiment score of 3.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about 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).
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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 acted 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 a number of institutional and retail investors. Top institutional shareholders include Reinhart Partners Inc. (2.12%), Victory Capital Management Inc. (1.34%), LSV Asset Management (1.00%), Principal Financial Group Inc. (0.79%), Peregrine Capital Management LLC (0.73%) and Assenagon Asset Management S.A. (0.52%). Company insiders that own GMS stock include G Michael Callahan Jr, Investors Fund V Lp Aea, 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 Mackay Shields LLC, Hancock Whitney Corp, Seizert Capital Partners LLC, First Trust Advisors LP, Principal Financial Group Inc., Vident Investment Advisory LLC, Vident Investment Advisory LLC, and Bowling Portfolio Management LLC. Company insiders that have sold GMS company stock in the last year include Investors Fund V Lp Aea, and Ronald R Ross.
View insider buying and selling activity for GMS.

GMS stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., LSV Asset Management, Reinhart Partners Inc., Assenagon Asset Management S.A., Russell Investments Group Ltd., Swiss National Bank, Adams Wealth Management, and Zurcher Kantonalbank Zurich Cantonalbank. Company insiders that have bought GMS stock in the last two years include 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 $26.89.

GMS has a market capitalization of $1.15 billion and generates $3.24 billion in revenue each year. The company earns $23.38 million in net income (profit) each year or $2.97 on an earnings per share basis. GMS employs 5,913 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]