GMS Inc. with ticker code (GMS) have now 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 73 and 55 suggesting an average Analsyt target price of $65.75. Now with the previous closing price of $57.57 and the analysts are correct then we can expect a percentage increase in value of 14.2%. It’s also worth noting that there is a 50 day moving average of $57.82 and the 200 day moving average is $50.38. The company has a market capitalization of $2,261m. Visit the company website at: https://www.gms.com
The potential market cap would be $2,582m based on the market consensus.
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.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 6.86, revenue per share of 125.52 and a 10% return on assets.
