GMS Inc. with ticker code (GMS) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 73 and 61 calculating the average target price we see 68.86. Now with the previous closing price of 50.24 this would imply there is a potential upside of 37.1%. The 50 day MA is 55.52 and the 200 moving average now moves to 49.76. The company has a market capitalisation of $2,235m. Find out more information at: https://www.gms.com
The potential market cap would be $3,064m based on the market concensus.
GMS Inc. distributes wallboards, suspended ceilings systems, and complementary building 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, insulation, and related building products, as well as commercial and residential building materials. It serves wallboard and ceilings contractors and homebuilders, general contractors, and individuals. As of April 30, 2021, the company operated 268 branches across 44 states and the District of Columbia, as well as 6 provinces in Canada. It also operates a network of approximately 265 distribution centers. The company was formerly known as GYP Holdings I Corp. and changed its name to GMS Inc. in July 2015. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia.
