GMS Inc [GMS] stock is trading at $83.23, up 1.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GMS shares have gain 2.83% over the last week, with a monthly amount drifted -9.85%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
GMS Inc [NYSE: GMS] stock has seen the most recent analyst activity on November 26, 2024, when DA Davidson downgraded its rating to a Neutral but kept the price target unchanged to $97 for it. Previously, DA Davidson started tracking the stock with Buy rating on August 23, 2023, and set its price target to $82. On December 09, 2022, downgrade downgraded it’s rating to Hold and revised its price target to $60 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $46 on September 07, 2022. RBC Capital Mkts downgraded its rating to a Sector Perform and reduced its price target to $46 on June 22, 2022. Loop Capital started tracking with a Buy rating for this stock on March 18, 2022, and assigned it a price target of $62. In a note dated December 06, 2021, Raymond James upgraded an Outperform rating on this stock but restated the target price of $72.
GMS Inc [GMS] stock has fluctuated between $77.29 and $105.54 over the past year. Currently, Wall Street analysts expect the stock to reach $86 within the next 12 months. GMS Inc [NYSE: GMS] shares were valued at $83.23 at the most recent close of the market. An investor can expect a potential return of 3.33% based on the average GMS price forecast.
Analyzing the GMS fundamentals
GMS Inc [NYSE:GMS] reported sales of 5.59B for the trailing twelve months, which represents a growth of 3.51%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.15 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 82.68 points at the first support level, and at 82.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.13, and for the 2nd resistance point, it is at 85.02.
Ratios To Look Out For
For context, GMS Inc’s Current Ratio is 2.23. In addition, the Quick Ratio stands at 1.44 and the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 2.20 and price to earnings (TTM) ratio is 15.29.
Transactions by insiders
Recent insider trading involved BROWNING PETER C, Former Director, that happened on Nov 26 ’24 when 7300.0 shares were purchased. SVP, Chief Operating Officer, Hendren George T completed a deal on Nov 11 ’24 to sell 5000.0 shares. Meanwhile, Director BROWNING PETER C bought 7116.0 shares on Nov 01 ’24.
