GMS Inc

GMS Inc Stock Forecast & Price Prediction

Live GMS Inc Stock (GMS) Price
$98.84

10

Ratings

  • Buy 8
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$98.84

P/E Ratio

15.40

Volume Traded Today

$461,900

Dividend

$0.46875

52 Week High/low

101.04/62.15

GMS Inc Market Cap

$3.88B

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GMS Summary

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 Analyst Ratings

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.

GMS stock forecast by analyst

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

GMS Company Information

What They Do: Distributes construction materials in North America.

Business Model: The company generates revenue by distributing a wide range of construction products, including wallboard, ceilings, steel framing, and other complementary materials to professional contractors and homebuilders. It also operates tool sales, rental, and service centers, enhancing its service offerings to the construction industry.

Other Information: Founded in 1971 and headquartered in Tucker, Georgia, GMS Inc. serves various sectors, including commercial and residential markets, with products tailored for different building needs. Its extensive network of distribution centers allows for efficient product delivery across the United States and Canada.
GMS
GMS Inc (GMS)

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

GMS Inc (GMS) Financial Data

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

N/A

Revenue From 2021

$3.30B

0.00 %
From Previous Year

Revenue From 2022

$4.63B

40.50 %
From Previous Year

Revenue From 2023

$5.33B

14.98 %
From Previous Year
  • Revenue TTM $5.54B
  • Operating Margin TTM 6.9%
  • Gross profit TTM $1.78B
  • Return on assets TTM 7.1%
  • Return on equity TTM 17.5%
  • Profit Margin 4.4%
  • Book Value Per Share 37.43%
  • Market capitalisation $3.88B
  • Revenue for 2021 $3.30B
  • Revenue for 2022 $4.63B
  • Revenue for 2023 $5.33B
  • EPS this year (TTM) $6.42

GMS Inc (GMS) Latest News

News Image

Thu, 10 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

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.

News Image

Mon, 07 Oct 2024

Sentiment - POSITIVE

Source - GuruFocus

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.

News Image

Thu, 29 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Thu, 29 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Fri, 30 Aug 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

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.

News Image

Tue, 27 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

GMS Frequently asked questions

The highest forecasted price for GMS is $115 from David Manthey at Baird.

The lowest forecasted price for GMS is $78 from from

The GMS analyst ratings consensus are 8 buy ratings, 2 hold ratings, and 0 sell ratings.