GMS (GMS) Stock Forecast, Price Target & Predictions


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GMS Stock Forecast


GMS stock forecast is as follows: an average price target of $86.00 (represents a -6.12% downside from GMS’s last price of $91.61) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

GMS Price Target


The average price target for GMS (GMS) is $86.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $61.00. This represents a potential -6.12% downside from GMS's last price of $91.61.

GMS Analyst Ratings


Buy

According to 7 Wall Street analysts, GMS's rating consensus is 'Buy'. The analyst rating breakdown for GMS stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

GMS Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 01, 2024Trey GroomsStephens$95.00$80.6117.85%3.70%
Jun 25, 2024Kurt YingerD.A. Davidson$97.00$79.4722.06%5.88%
Jun 21, 2024Jeffrey StevensonLoop Capital Markets$85.00$80.555.52%-7.22%
Jun 21, 2024Keith HughesTruist Financial$95.00$80.6317.82%3.70%
Jun 21, 2024David MantheyRobert W. Baird$100.00$80.5624.14%9.16%
Jun 21, 2024Mike DahlRBC Capital$85.00$80.385.75%-7.22%
Jun 20, 2024David MantheyRobert W. Baird$105.00$89.8916.81%14.62%
Mar 04, 2024Baird RatingsRobert W. Baird$265.00$90.57192.59%189.27%
Jun 27, 2023Keith HughesTruist Financial$72.00$71.640.50%-21.41%
Dec 12, 2022-Stephens$65.00$53.7520.93%-29.05%
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The latest GMS stock forecast, released on Jul 01, 2024 by Trey Grooms from Stephens, set a price target of $95.00, which represents a 17.85% increase from the stock price at the time of the forecast ($80.61), and a 3.70% increase from GMS last price ($91.61).

GMS Price Target by Period


1M3M12M
# Anlaysts--8
Avg Price Target--$115.88
Last Closing Price$91.61$91.61$91.61
Upside/Downside-100.00%-100.00%26.49%

In the current month, the average price target of GMS stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to GMS's last price of $91.61. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jun 21, 2024Loop Capital MarketsHoldHoldHold
Jun 20, 2024BarclaysEqual-WeightEqual-WeightHold
Jun 20, 2024RBC CapitalSector PerformSector PerformHold
Jun 20, 2024StephensOverweightOverweightHold
Mar 04, 2024WedbushOutperformOutperformHold
Mar 04, 2024Cantor FitzgeraldOverweightOverweightHold
Mar 01, 2024RBC CapitalSector PerformSector PerformHold
Dec 11, 2023Raymond JamesOutperformOutperformHold
Jun 23, 2023RBC CapitalSector PerformSector PerformHold
Dec 12, 2022StephensOverweightOverweightHold
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GMS's last stock rating was published by Loop Capital Markets on Jun 21, 2024. The company gave GMS a "Hold" rating, the same as its previous rate.

GMS Financial Forecast


GMS Revenue Forecast

May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19
Revenue---------$1.26B$1.42B$1.41B-$1.23B$1.43B$1.36B-$1.15B$1.15B$1.04B-$751.19M$812.86M$802.57M-$761.35M$861.93M$847.18M-$723.90M
Avg Forecast$1.51B$1.36B$1.50B$1.50B$1.45B$1.32B$1.46B$1.48B$1.41B$1.27B$1.38B$1.38B$1.27B$1.22B$1.36B$1.35B$1.26B$1.13B$1.06B$973.78M$864.04M$728.04M$811.24M$816.98M$740.98M$757.96M$861.20M$837.65M$783.11M$740.34M
High Forecast$1.52B$1.37B$1.51B$1.51B$1.46B$1.33B$1.47B$1.48B$1.41B$1.27B$1.40B$1.39B$1.28B$1.23B$1.38B$1.37B$1.28B$1.14B$1.07B$986.87M$875.65M$737.82M$822.15M$827.96M$750.94M$768.15M$872.78M$848.91M$793.64M$750.29M
Low Forecast$1.50B$1.35B$1.49B$1.49B$1.44B$1.31B$1.45B$1.48B$1.41B$1.27B$1.35B$1.37B$1.26B$1.21B$1.35B$1.34B$1.24B$1.11B$1.05B$960.76M$852.48M$718.30M$800.40M$806.06M$731.08M$747.83M$849.69M$826.46M$772.64M$730.44M
# Analysts221115522252221111222264645353
Surprise %---------0.99%1.03%1.02%-1.01%1.05%1.00%-1.02%1.09%1.07%-1.03%1.00%0.98%-1.00%1.00%1.01%-0.98%

GMS's average Quarter revenue forecast for May 24 based on 2 analysts is $1.41B, with a low forecast of $1.41B, and a high forecast of $1.41B. GMS's average Quarter revenue forecast represents a 11.88% increase compared to the company's last Quarter revenue of $1.26B (Jan 24).

GMS EBITDA Forecast

May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19
# Analysts221115522252221111222264645353
EBITDA---------$894.22M$1.05B$1.05B-$136.83M$187.43M$168.60M-$127.77M$142.28M$122.54M-$60.85M$77.52M$78.00M-$59.59M$84.14M$79.96M-$57.00M
Avg Forecast$157.61M$142.12M$156.25M$156.61M$151.04M$137.26M$152.64M$154.83M$117.27M$131.98M$144.14M$144.19M$106.61M$117.38M$142.00M$141.16M$96.92M$117.40M$110.45M$101.54M$50.11M$75.91M$84.59M$85.19M$58.42M$79.03M$89.80M$87.34M$69.06M$77.20M
High Forecast$158.76M$143.15M$157.39M$157.75M$152.14M$138.26M$153.69M$154.83M$140.72M$132.04M$146.22M$145.24M$127.93M$140.85M$143.63M$143.06M$116.30M$118.98M$111.94M$102.90M$60.14M$76.93M$85.73M$86.33M$70.11M$80.10M$91.01M$88.52M$82.87M$78.23M
Low Forecast$156.57M$141.18M$155.21M$155.57M$150.04M$136.35M$151.63M$154.83M$93.81M$131.93M$141.03M$143.24M$85.29M$93.90M$140.30M$139.27M$77.53M$115.83M$108.98M$100.18M$40.09M$74.90M$83.46M$84.05M$46.74M$77.98M$88.60M$86.18M$55.25M$76.16M
Surprise %---------6.78%7.30%7.31%-1.17%1.32%1.19%-1.09%1.29%1.21%-0.80%0.92%0.92%-0.75%0.94%0.92%-0.74%

2 analysts predict GMS's average Quarter EBITDA for May 24 to be $117.27M, with a high of $140.72M and a low of $93.81M. This is -86.89% lower than GMS's previous annual EBITDA (Jan 24) of $894.22M.

GMS Net Income Forecast

May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19
# Analysts221115522252221111222264645353
Net Income---------$51.91M$80.96M$86.83M-$64.78M$103.15M$89.47M-$61.38M$74.36M$61.20M-$16.13M$28.47M$27.22M-$10.88M$29.14M$24.82M-$5.82M
Avg Forecast$89.24M$68.50M$91.77M$85.11M$82.15M$64.94M$88.23M$86.08M$74.27M$64.62M$90.79M$96.01M$67.52M$61.35M$94.28M$90.51M$61.38M$69.89M$64.26M$50.58M$13.28M$20.38M$36.56M$32.73M$10.67M$20.48M$39.97M$33.23M$7.05M$20.88M
High Forecast$90.09M$69.15M$92.64M$85.91M$82.93M$66.07M$89.01M$86.10M$89.13M$64.63M$93.62M$96.92M$81.03M$73.62M$95.69M$92.09M$73.66M$72.99M$65.38M$51.47M$15.94M$20.74M$37.19M$33.31M$12.80M$20.83M$40.67M$33.81M$8.45M$21.24M
Low Forecast$88.48M$67.91M$90.98M$84.37M$81.44M$63.44M$87.45M$86.06M$59.42M$64.61M$89.17M$95.18M$54.02M$49.08M$92.82M$88.94M$49.11M$66.79M$63.14M$49.70M$10.62M$20.03M$35.92M$32.17M$8.53M$20.12M$39.28M$32.65M$5.64M$20.51M
Surprise %---------0.80%0.89%0.90%-1.06%1.09%0.99%-0.88%1.16%1.21%-0.79%0.78%0.83%-0.53%0.73%0.75%-0.28%

GMS's average Quarter net income forecast for May 24 is $74.27M, with a range of $59.42M to $89.13M. GMS's average Quarter net income forecast represents a 43.09% increase compared to the company's last Quarter net income of $51.91M (Jan 24).

GMS SG&A Forecast

May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19
# Analysts221115522252221111222264645353
SG&A---------$295.69M$300.89M$286.80M-$267.38M$278.99M$267.69M-$241.04M$230.53M$214.08M-$184.84M$188.35M$183.11M-$193.38M$200.46M$194.63M-$178.18M
Avg Forecast$332.63M$299.93M$329.75M$330.51M$318.77M$289.68M$322.14M$326.76M$291.66M$278.55M$304.21M$304.31M$265.14M$190.19M$299.68M$297.91M$241.04M$247.77M$233.11M$214.29M$152.22M$160.21M$178.52M$179.79M$218.44M$166.80M$189.52M$184.34M$252.48M$162.92M
High Forecast$335.05M$302.12M$332.16M$332.92M$321.09M$291.79M$324.36M$326.76M$349.99M$278.67M$308.59M$306.53M$318.17M$228.23M$303.13M$301.92M$289.25M$251.10M$236.24M$217.17M$182.67M$162.37M$180.92M$182.20M$262.12M$169.04M$192.07M$186.81M$302.98M$165.11M
Low Forecast$330.42M$297.95M$327.57M$328.32M$316.66M$287.76M$320.00M$326.76M$233.33M$278.42M$297.65M$302.30M$212.12M$152.15M$296.10M$293.93M$192.83M$244.46M$229.99M$211.43M$121.78M$158.07M$176.14M$177.38M$174.75M$164.57M$186.98M$181.87M$201.99M$160.74M
Surprise %---------1.06%0.99%0.94%-1.41%0.93%0.90%-0.97%0.99%1.00%-1.15%1.06%1.02%-1.16%1.06%1.06%-1.09%

GMS's average Quarter SG&A projection for May 24 is $291.66M, based on 2 Wall Street analysts, with a range of $233.33M to $349.99M. The forecast indicates a -1.36% fall compared to GMS last annual SG&A of $295.69M (Jan 24).

GMS EPS Forecast

May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19
# Analysts221115522252221111222264645353
EPS---------$1.28$2.00$2.13-$1.56$2.44$2.10-$1.42$1.72$1.42-$0.38$0.67$0.64-$0.26$0.70$0.61-$0.14
Avg Forecast$2.22$1.70$2.28$2.12$2.04$1.61$2.19$2.14$2.05$1.61$2.26$2.39$1.90$1.87$2.34$2.25$1.88$1.74$1.60$1.26$0.82$0.51$0.91$0.81$0.52$0.51$0.99$0.83$0.72$0.52
High Forecast$2.24$1.72$2.30$2.14$2.06$1.64$2.21$2.14$2.05$1.61$2.33$2.41$1.92$1.91$2.38$2.29$1.91$1.81$1.63$1.28$0.84$0.52$0.92$0.83$0.53$0.52$1.01$0.84$0.73$0.53
Low Forecast$2.20$1.69$2.26$2.10$2.02$1.58$2.17$2.14$2.05$1.61$2.22$2.37$1.88$1.82$2.31$2.21$1.84$1.66$1.57$1.24$0.81$0.50$0.89$0.80$0.51$0.50$0.98$0.81$0.71$0.51
Surprise %---------0.80%0.89%0.89%-0.84%1.04%0.93%-0.82%1.08%1.13%-0.75%0.74%0.79%-0.51%0.70%0.74%-0.27%

According to 2 Wall Street analysts, GMS's projected average Quarter EPS for May 24 is $2.05, with a low estimate of $2.05 and a high estimate of $2.05. This represents a 60.03% increase compared to GMS previous annual EPS of $1.28 (Jan 24).

GMS Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JBIJanus Group$7.04$11.5063.35%Buy
JELDJELD-WEN$14.13$16.5617.20%Hold
GMSGMS$91.61$86.00-6.12%Buy
BECNBeacon Roofing Supply$93.46$87.50-6.38%Buy
TILEInterface$23.50$22.00-6.38%Buy
AZEKAZEK Company$44.44$39.29-11.59%Buy
APOGApogee Enterprises$76.71$43.00-43.94%Hold

GMS Forecast FAQ


Yes, according to 7 Wall Street analysts, GMS (GMS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of GMS's total ratings.

GMS (GMS) average price target is $86 with a range of $61 to $100, implying a -6.12% from its last price of $91.61. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for GMS stock, the company can go down by -6.12% (from the last price of $91.61 to the average price target of $86), up by 9.16% based on the highest stock price target, and down by -33.41% based on the lowest stock price target.

GMS's average twelve months analyst stock price target of $86 does not support the claim that GMS can reach $140 in the near future.

In terms of the last quarterly report (Jan 2024), GMS's revenue was $1.26B, missing the average analysts' forecast of $1.27B by -0.59%. The company's EBITDA was $894.22M, beating the average prediction of $131.98M by 577.52%. GMS's net income was $51.9M, missing the average estimation of $64.62M by -19.68%. The company's SG&A was $295.69M, beating the average forecast of $278.55M by 6.15%. Lastly, the company's EPS was $1.28, missing the average prediction of $1.61 by -20.32%