DA Davidson Issues Pessimistic Forecast for GMS Earnings

GMS Inc. (NYSE:GMS) – Stock analysts at DA Davidson lowered their FY2025 earnings estimates for GMS in a research report issued on Friday, December 6th. DA Davidson analyst K. Yinger now forecasts that the company will post earnings per share of $7.29 for the year, down from their previous forecast of $7.78. DA Davidson has a “Neutral” rating and a $94.00 price objective on the stock. The consensus estimate for GMS’s current full-year earnings is $7.83 per share. DA Davidson also issued estimates for GMS’s FY2026 earnings at $7.74 EPS.

GMS (NYSE:GMS) last announced its earnings results on Thursday, December 5th. The company reported $2.02 earnings per share for the quarter, missing the consensus estimate of $2.26 by ($0.24). The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. GMS had a return on equity of 20.67% and a net margin of 3.92%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the business earned $2.30 EPS.

Several other research analysts have also commented on the stock. StockNews.com lowered shares of GMS from a “buy” rating to a “hold” rating in a research note on Monday, September 2nd. Robert W. Baird lowered their price objective on shares of GMS from $115.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, December 6th. Truist Financial raised their price objective on shares of GMS from $90.00 to $97.00 and gave the company a “hold” rating in a research note on Monday. Royal Bank of Canada reissued a “sector perform” rating and issued a $86.00 price objective (up previously from $78.00) on shares of GMS in a research note on Friday, December 6th. Finally, Barclays raised their price objective on shares of GMS from $80.00 to $93.00 and gave the company an “equal weight” rating in a research note on Friday, December 6th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $94.13.

GMS Trading Down 2.4 %

Shares of GMS stock opened at $95.13 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.23 and a quick ratio of 1.44. The firm has a market cap of $3.74 billion, a PE ratio of 17.49 and a beta of 1.68. The company has a 50-day moving average of $95.94 and a two-hundred day moving average of $91.00. GMS has a 1-year low of $71.33 and a 1-year high of $105.54.

Insider Activity at GMS

In related news, COO George T. Hendren sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $102.13, for a total value of $510,650.00. Following the sale, the chief operating officer now owns 23,772 shares of the company’s stock, valued at $2,427,834.36. This trade represents a 17.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is owned by corporate insiders.

Institutional Trading of GMS

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GMS. Blue Trust Inc. raised its holdings in GMS by 86.4% during the second quarter. Blue Trust Inc. now owns 369 shares of the company’s stock worth $30,000 after purchasing an additional 171 shares in the last quarter. Quarry LP raised its holdings in GMS by 37.1% during the second quarter. Quarry LP now owns 403 shares of the company’s stock worth $32,000 after purchasing an additional 109 shares in the last quarter. GAMMA Investing LLC raised its holdings in GMS by 138.8% during the third quarter. GAMMA Investing LLC now owns 621 shares of the company’s stock worth $56,000 after purchasing an additional 361 shares in the last quarter. KBC Group NV raised its holdings in GMS by 31.9% during the third quarter. KBC Group NV now owns 1,162 shares of the company’s stock worth $105,000 after purchasing an additional 281 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in GMS during the second quarter worth approximately $121,000. Institutional investors and hedge funds own 95.28% of the company’s stock.

GMS Company Profile

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.