News headlines about GMS (NYSE:GMS) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. GMS earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.3935818707543 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s rankings:
A number of equities analysts have weighed in on GMS shares. SunTrust Banks increased their target price on shares of GMS to $45.00 and gave the stock a “buy” rating in a research report on Monday, December 11th. Royal Bank of Canada reiterated a “buy” rating and set a $46.00 target price on shares of GMS in a research report on Friday, December 8th. Zacks Investment Research lowered shares of GMS from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. ValuEngine lowered shares of GMS from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Barclays set a $43.00 price objective on shares of GMS and gave the company a “buy” rating in a research report on Friday, December 8th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $40.00.
GMS (NYSE:GMS) opened at $31.67 on Monday. The company has a debt-to-equity ratio of 1.06, a current ratio of 2.62 and a quick ratio of 1.70. GMS has a 1 year low of $27.20 and a 1 year high of $39.98. The company has a market cap of $1,299.44, a P/E ratio of 23.81, a PEG ratio of 2.28 and a beta of 1.42.
GMS (NYSE:GMS) last released its quarterly earnings data on Thursday, December 7th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). GMS had a net margin of 2.26% and a return on equity of 14.24%. The firm had revenue of $648.00 million during the quarter, compared to the consensus estimate of $662.03 million. During the same quarter last year, the business posted $0.49 earnings per share. GMS’s revenue was up 9.5% compared to the same quarter last year. analysts predict that GMS will post 1.99 EPS for the current fiscal year.
In other news, insider G Michael Callahan, Jr. sold 33,333 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $32.17, for a total value of $1,072,322.61. Following the completion of the transaction, the insider now directly owns 461,752 shares in the company, valued at $14,854,561.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Investors Lp Aea sold 4,500,000 shares of GMS stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $38.05, for a total transaction of $171,225,000.00. The disclosure for this sale can be found here. Insiders sold 5,267,448 shares of company stock valued at $200,063,931 over the last 90 days. 5.90% of the stock is owned by company insiders.
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GMS Company Profile
GMS Inc is a distributor of wallboard and suspended ceilings systems, or ceilings. The Company provides a product offering of over 20,000 stock keeping units (SKUs) of wallboard, ceilings and complementary interior construction products for interior contractors. It offers steel framing and ancillary products for its customers.
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