The GMS Inc (GMS) share price is expected to decrease by 5.91% over the next year. This is based on calculating the average 12-month share price estimate provided by 10 stock analysts who have covered GMS. Price targets range from $78 at the low end to $115 at the high end. The current analyst consensus for GMS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
GMS Inc has a total of 10 Wall St Analyst ratings. There are 8 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that GMS Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of GMS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
David Manthey Baird | Outperform | $115 | Maintains | Oct 16, 2024 |
Matthew Bouley Barclays | Equal-Weight | $80 | Maintains | Sep 9, 2024 |
Keith Hughes Truist Securities | Hold | $90 | Maintains | Aug 30, 2024 |
Trey Grooms Stephens & Co. | Overweight | $95 | Maintains | Jul 1, 2024 |
Kurt Yinger DA Davidson | Buy | $97 | Maintains | Jun 25, 2024 |
Keith Hughes Truist Securities | Hold | $95 | Maintains | Jun 21, 2024 |
Matthew Bouley Barclays | Equal-Weight | $81 | Maintains | Jun 21, 2024 |
Jeffrey Stevenson Loop Capital | Hold | $85 | Maintains | Jun 21, 2024 |
David Manthey Baird | Outperform | $100 | Maintains | Jun 21, 2024 |
Mike Dahl RBC Capital | Sector Perform | $85 | Maintains | Jun 21, 2024 |
Matthew Bouley Barclays | Equal-Weight | $93 | Maintains | Mar 5, 2024 |
Keith Hughes Truist Securities | Hold | $88 | Maintains | Mar 1, 2024 |
David Manthey Baird | Outperform | $105 | Maintains | Mar 1, 2024 |
Mike Dahl RBC Capital | Sector Perform | $92 | Maintains | Mar 1, 2024 |
Trey Grooms Stephens & Co. | Overweight | $98 | Maintains | Jan 26, 2024 |
Sam Darkatsh Raymond James | Outperform | $85 | Maintains | Dec 11, 2023 |
Mike Dahl RBC Capital | Sector Perform | $70 | Maintains | Dec 8, 2023 |
Mike Dahl RBC Capital | Sector Perform | $68 | Reiterates | Sep 6, 2023 |
Jeffrey Stevenson Loop Capital | Hold | $74 | Maintains | Sep 1, 2023 |
Trey Grooms Stephens & Co. | Overweight | $87 | Maintains | Sep 1, 2023 |
When did it IPO
2016
Staff Count
7,624
Country
United States
Sector/Industry
Industrials/Building Products & Equipment
CEO
Mr. John C. Turner Jr.
Market Cap
$3.88B
In 2023, GMS generated $5.33B in revenue, which was a increase of 14.98% from the previous year. This can be seen as a signal that GMS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - On October 10, 2024, CARE, AMTB, and GMS were assigned a Zacks Rank #5 (Strong Sell), indicating a negative outlook for these stocks.
Why It Matters - CARE, AMTB, and GMS receiving a Zacks Rank #5 indicates potential underperformance, signaling investors to reconsider their positions or investments in these stocks.
Summary - On September 30, 2024, FMR LLC acquired 854,987 shares of GMS Inc, raising its total holdings to 4,232,170 shares, indicating a strategic investment move.
Why It Matters - FMR LLC's substantial acquisition of GMS Inc shares signals confidence in the company's growth potential, potentially influencing market perception and stock performance.
Summary - GMS Inc. (NYSE:GMS) will host its Q1 2025 earnings conference call on August 29, 2024, at 8:30 AM ET, featuring key executives and analysts from various financial firms.
Why It Matters - The GMS Inc. earnings call signals upcoming financial performance insights, influencing stock valuation and market sentiment crucial for investment decisions.
Summary - GMS Inc. reported Q1 fiscal 2025 net sales of $1.4 billion, up 2.8% year-over-year, but organic net sales fell 2.2%. Volume growth was seen across all major product categories.
Why It Matters - GMS Inc.'s modest sales growth and decline in organic sales may indicate demand challenges, impacting future profitability and investor sentiment. Acquisitions could offset risks.
Summary - GMS reported improved volume trends and favorable pricing in Q1 fiscal 2025, but faced challenges from rising costs and steel price deflation.
Why It Matters - GMS shows positive volume and pricing trends, which may signal growth potential. However, rising costs and falling steel prices could impact profitability, affecting investor sentiment.
Summary - GMS is expected to report declining demand in multi-family and commercial sectors in its fiscal Q1 results.
Why It Matters - Declining demand in multi-family and commercial sectors may indicate weaker revenue and profit outlook for GMS, potentially impacting stock performance and investor sentiment.