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DOW   33,999.04
QQQ   329.28
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S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
US Dollar Replaced By "Biden Bucks"? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
US Dollar Replaced By "Biden Bucks"? (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Biden's Plan to Confiscate Your Cash? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
US Dollar Replaced By "Biden Bucks"? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
US Dollar Replaced By "Biden Bucks"? (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Biden's Plan to Confiscate Your Cash? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
US Dollar Replaced By "Biden Bucks"? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
US Dollar Replaced By "Biden Bucks"? (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Biden's Plan to Confiscate Your Cash? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
NYSE:GMS

GMS - GMS Stock Forecast, Price & News

$54.73
+1.15 (+2.15%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$53.70
$55.00
50-Day Range
$39.00
$55.10
52-Week Range
$36.10
$61.79
Volume
117,539 shs
Average Volume
190,309 shs
Market Capitalization
$2.33 billion
P/E Ratio
8.78
Dividend Yield
N/A
Price Target
$57.33

GMS MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
4.8% Upside
$57.33 Price Target
Short Interest
Healthy
2.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.01mentions of GMS in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$3.64 M Bought Last Quarter
Proj. Earnings Growth
-3.77%
From $7.70 to $7.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.61 out of 5 stars

Retail/Wholesale Sector

191st out of 218 stocks

Lumber & Other Construction Materials Industry

4th out of 4 stocks

GMS stock logo

About GMS (NYSE:GMS) Stock

GMS Inc. distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada. The company offers ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings. It also provides steel framing products, such as steel tracks, studs, and various other steel products used to frame the interior walls of a commercial or institutional building; and insulation, lumber and other wood products, ready-mix joint compound, and various other interior construction products, as well as ancillary products comprising tools, fasteners, and safety products. In addition, the company distributes acoustical ceilings, steel framing, insulation, and related building products, as well as commercial and residential building materials. It serves professional contractors and homebuilders. As of April 30, 2022, the company operated 300 branches across 44 states and the District of Columbia, as well as 6 provinces in Canada. It also operates a network of approximately 300 distribution centers. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia.

GMS Stock Up 2.1 %

GMS Stock traded up $1.15 during trading on Thursday, reaching $54.73. 117,541 shares of the company's stock were exchanged, compared to its average volume of 258,102. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.27 and a current ratio of 2.06. The company's 50-day moving average is $47.65 and its two-hundred day moving average is $49.38. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 8.78 and a beta of 1.85. GMS has a 52-week low of $36.10 and a 52-week high of $61.79.

GMS (NYSE:GMS - Get Rating) last posted its quarterly earnings data on Thursday, June 23rd. The company reported $2.09 earnings per share for the quarter, beating analysts' consensus estimates of $1.87 by $0.22. GMS had a net margin of 5.90% and a return on equity of 33.76%. During the same period in the previous year, the company posted $1.07 earnings per share. On average, analysts predict that GMS will post 7.7 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on GMS. Truist Financial cut their price target on GMS from $65.00 to $50.00 and set a "buy" rating for the company in a report on Friday, June 24th. StockNews.com upgraded GMS from a "buy" rating to a "strong-buy" rating in a report on Monday, June 27th. Royal Bank of Canada downgraded GMS from an "outperform" rating to a "sector perform" rating and dropped their price objective for the stock from $73.00 to $46.00 in a report on Wednesday, June 22nd. Robert W. Baird dropped their price objective on GMS from $68.00 to $55.00 and set an "outperform" rating for the company in a report on Friday, June 24th. Finally, Raymond James restated an "outperform" rating and set a $70.00 price objective (down from $72.00) on shares of GMS in a report on Friday, June 24th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $57.33.

Insider Buying and Selling at GMS

In related news, major shareholder Coliseum Capital Management, L bought 93,897 shares of the business's stock in a transaction dated Wednesday, June 22nd. The shares were acquired at an average price of $38.72 per share, for a total transaction of $3,635,691.84. Following the purchase, the insider now owns 6,031,573 shares in the company, valued at approximately $233,542,506.56. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.40% of the stock is currently owned by corporate insiders.

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GMS Stock News Headlines

GMS Names Leigh Dobbs Chief Human Resources Officer
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GMS Names Travis Hendren Chief Operating Officer
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GMS Company Calendar

Last Earnings
6/23/2022
Today
8/19/2022
Next Earnings (Estimated)
9/01/2022
Fiscal Year End
4/30/2023

Industry, Sector and Symbol

Industry
Lumber & other construction materials
Sub-Industry
N/A
Employees
5,475
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$57.33
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
+4.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$273.44 million
Pretax Margin
7.87%

Debt

Sales & Book Value

Annual Sales
$4.63 billion
Cash Flow
$10.69 per share
Book Value
$24.73 per share

Miscellaneous

Free Float
42,050,000
Market Cap
$2.33 billion
Optionable
Optionable
Beta
1.85

Key Executives

  • Mr. John C. Turner Jr.Mr. John C. Turner Jr. (Age 53)
    Pres, CEO & Director
    Comp: $1.83M
  • Mr. Scott M. Deakin (Age 56)
    VP & CFO
    Comp: $944.39k
  • Mr. Craig D. ApolinskyMr. Craig D. Apolinsky (Age 55)
    VP, Gen. Counsel & Corp. Sec.
    Comp: $810k
  • Mr. Darryl Little
    VP of Operations & Procurement
  • Mr. William Forrest Bell (Age 61)
    Chief Accounting Officer
  • Mr. Eric N. Sundby
    Chief Information Officer & VP
  • Carey Phelp
    VP of Investor & Media Relations
  • Ms. Michelle Leader
    Marketing Director
  • Mr. G. Travis Hendren
    VP of Corp. Devel. / M&A
  • Don Taylor
    VP of Operations - Western Region













GMS Stock - Frequently Asked Questions

Should I buy or sell GMS stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GMS in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GMS shares.
View GMS analyst ratings
or view top-rated stocks.

What is GMS's stock price forecast for 2022?

6 equities research analysts have issued 12 month target prices for GMS's stock. Their GMS share price forecasts range from $46.00 to $70.00. On average, they expect the company's stock price to reach $57.33 in the next year. This suggests a possible upside of 4.8% from the stock's current price.
View analysts price targets for GMS
or view top-rated stocks among Wall Street analysts.

How have GMS shares performed in 2022?

GMS's stock was trading at $60.11 at the beginning of 2022. Since then, GMS stock has decreased by 9.0% and is now trading at $54.73.
View the best growth stocks for 2022 here
.

When is GMS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our GMS earnings forecast
.

How were GMS's earnings last quarter?

GMS Inc. (NYSE:GMS) released its quarterly earnings data on Thursday, June, 23rd. The company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.22. GMS had a trailing twelve-month return on equity of 33.76% and a net margin of 5.90%. During the same period in the previous year, the firm posted $1.07 EPS.

What is Michael Callahan's approval rating as GMS's CEO?

11 employees have rated GMS Chief Executive Officer Michael Callahan on Glassdoor.com. Michael Callahan has an approval rating of 78% among the company's employees.

What other stocks do shareholders of GMS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GMS investors own include NVIDIA (NVDA), Deere & Company (DE), AT&T (T), Advanced Micro Devices (AMD), Alibaba Group (BABA), Micron Technology (MU), Weyerhaeuser (WY), Applied Materials (AMAT), Caterpillar (CAT) and D.R. Horton (DHI).

When did GMS IPO?

(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.

What is GMS's stock symbol?

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

Who are GMS's major shareholders?

GMS's stock is owned by many different retail and institutional investors. Top institutional investors include Coliseum Capital Management LLC (14.38%), FMR LLC (5.27%), State Street Corp (3.40%), Pzena Investment Management LLC (2.53%), Littlejohn & Co. LLC (1.90%) and JPMorgan Chase & Co. (1.44%). Insiders that own company stock include Coliseum Capital Management, L, Craig D Apolinsky, Investors Fund V Lp Aea, John C Turner Jr, John J Gavin, Peter C Browning, Ronald R Ross and Theron I Gilliam.
View institutional ownership trends
.

How do I buy shares of GMS?

Shares of GMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is GMS's stock price today?

One share of GMS stock can currently be purchased for approximately $54.73.

How much money does GMS make?

GMS (NYSE:GMS) has a market capitalization of $2.33 billion and generates $4.63 billion in revenue each year. The company earns $273.44 million in net income (profit) each year or $6.23 on an earnings per share basis.

How many employees does GMS have?

The company employs 5,475 workers across the globe.

How can I contact GMS?

GMS's mailing address is 100 CRESCENT CENTRE PARKWAY SUITE 800, TUCKER GA, 30084. The official website for the company is www.gms.com. The company can be reached via phone at (800) 392-4619, via email at ir@gms.com, or via fax at 770-491-9487.

This page (NYSE:GMS) was last updated on 8/19/2022 by MarketBeat.com Staff

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