GMS (GMS) Stock Forecast, Price Target & Predictions
GMS Stock Forecast
GMS stock forecast is as follows: an average price target of $86.00 (represents a -5.14% downside from GMS’s last price of $90.66) 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 -5.14% downside from GMS's last price of $90.66.
GMS Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 01, 2024 | Trey Grooms | Stephens | $95.00 | $80.61 | 17.85% | 4.79% |
| Jun 25, 2024 | Kurt Yinger | D.A. Davidson | $97.00 | $79.47 | 22.06% | 6.99% |
| Jun 21, 2024 | Jeffrey Stevenson | Loop Capital Markets | $85.00 | $80.55 | 5.52% | -6.24% |
| Jun 21, 2024 | Keith Hughes | Truist Financial | $95.00 | $80.63 | 17.82% | 4.79% |
| Jun 21, 2024 | David Manthey | Robert W. Baird | $100.00 | $80.56 | 24.14% | 10.30% |
| Jun 21, 2024 | Mike Dahl | RBC Capital | $85.00 | $80.38 | 5.75% | -6.24% |
| Jun 20, 2024 | David Manthey | Robert W. Baird | $105.00 | $89.89 | 16.81% | 15.82% |
| Mar 04, 2024 | Baird Ratings | Robert W. Baird | $265.00 | $90.57 | 192.59% | 192.30% |
| Jun 27, 2023 | Keith Hughes | Truist Financial | $72.00 | $71.64 | 0.50% | -20.58% |
| Dec 12, 2022 | - | Stephens | $65.00 | $53.75 | 20.93% | -28.30% |
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 4.79% increase from GMS last price ($90.66).
GMS Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 7 | 8 |
| Avg Price Target | - | $94.57 | $115.88 |
| Last Closing Price | $90.66 | $90.66 | $90.66 |
| Upside/Downside | -100.00% | 4.31% | 27.82% |
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 $90.66. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 21, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Jun 20, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 20, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jun 20, 2024 | Stephens | Overweight | Overweight | Hold |
| Mar 04, 2024 | Wedbush | Outperform | Outperform | Hold |
| Mar 04, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Mar 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Dec 11, 2023 | Raymond James | Outperform | Outperform | Hold |
| Jun 23, 2023 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Dec 12, 2022 | Stephens | Overweight | Overweight | Hold |
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 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $1.26B | $1.42B | $1.41B | - | $1.23B | $1.43B | $1.36B | $1.29B | $1.15B | $1.15B | $1.04B | $932.20M | $751.19M | $812.86M | $802.57M | $770.85M | $761.35M | $861.93M | $847.18M | $780.15M | $723.90M |
| Avg Forecast | $1.52B | $1.35B | $1.49B | $1.51B | $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 | $1.54B | $1.37B | $1.51B | $1.53B | $1.47B | $1.34B | $1.47B | $1.51B | $1.43B | $1.28B | $1.40B | $1.40B | $1.29B | $1.24B | $1.38B | $1.37B | $1.29B | $1.16B | $1.09B | $1.00B | $889.79M | $749.74M | $835.42M | $841.33M | $763.07M | $780.55M | $886.87M | $862.62M | $806.45M | $762.41M |
| Low Forecast | $1.50B | $1.34B | $1.48B | $1.49B | $1.44B | $1.30B | $1.45B | $1.47B | $1.39B | $1.25B | $1.35B | $1.37B | $1.26B | $1.21B | $1.35B | $1.34B | $1.24B | $1.10B | $1.04B | $955.63M | $847.92M | $714.46M | $796.12M | $801.75M | $727.17M | $743.83M | $845.14M | $822.03M | $768.51M | $726.53M |
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 1 | 1 | 2 | 2 | 2 | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 1.03% | 1.02% | - | 1.01% | 1.05% | 1.00% | 1.02% | 1.02% | 1.09% | 1.07% | 1.08% | 1.03% | 1.00% | 0.98% | 1.04% | 1.00% | 1.00% | 1.01% | 1.00% | 0.98% |
GMS's average Quarter revenue forecast for May 24 based on 2 analysts is $1.41B, with a low forecast of $1.39B, and a high forecast of $1.43B. 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 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 1 | 1 | 2 | 2 | 2 | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | $894.22M | $1.05B | $1.05B | - | $136.83M | $187.43M | $168.60M | $149.55M | $127.77M | $142.28M | $122.54M | $82.64M | $60.85M | $77.52M | $78.00M | $6.88M | $59.59M | $84.14M | $79.96M | $67.24M | $57.00M |
| Avg Forecast | $158.12M | $140.72M | $155.78M | $157.15M | $151.49M | $137.42M | $152.69M | $154.83M | $117.27M | $131.98M | $144.14M | $144.19M | $106.61M | $127.18M | $110.90M | $141.16M | $126.32M | $106.71M | $87.67M | $61.25M | $50.11M | $75.81M | $65.48M | $6.35M | $58.42M | $83.29M | $74.18M | $70.97M | $69.06M | $85.64M |
| High Forecast | $160.27M | $142.64M | $157.90M | $159.29M | $153.55M | $139.29M | $153.75M | $156.93M | $140.72M | $133.78M | $146.22M | $146.15M | $127.93M | $128.91M | $133.08M | $142.56M | $129.13M | $128.05M | $105.20M | $73.50M | $60.14M | $90.97M | $78.58M | $7.62M | $70.11M | $99.95M | $89.02M | $85.17M | $82.87M | $102.77M |
| Low Forecast | $156.51M | $139.28M | $154.19M | $155.55M | $149.94M | $136.02M | $151.13M | $153.25M | $93.81M | $130.64M | $141.03M | $142.72M | $85.29M | $125.88M | $88.72M | $139.92M | $124.04M | $85.37M | $70.13M | $49.00M | $40.09M | $60.65M | $52.39M | $5.08M | $46.74M | $66.63M | $59.35M | $56.78M | $55.25M | $68.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | 6.78% | 7.30% | 7.31% | - | 1.08% | 1.69% | 1.19% | 1.18% | 1.20% | 1.62% | 2.00% | 1.65% | 0.80% | 1.18% | 12.28% | 0.12% | 0.72% | 1.13% | 1.13% | 0.97% | 0.67% |
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 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 1 | 1 | 2 | 2 | 2 | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | $51.91M | $80.96M | $86.83M | - | $64.78M | $103.15M | $89.47M | $76.50M | $61.38M | $74.36M | $61.20M | $33.75M | $16.13M | $28.47M | $27.22M | $-41.46M | $10.88M | $29.14M | $24.82M | $16.63M | $5.82M |
| Avg Forecast | $89.97M | $66.98M | $91.25M | $85.55M | $82.73M | $65.08M | $88.23M | $86.08M | $74.27M | $64.62M | $90.79M | $96.01M | $67.52M | $75.07M | $55.39M | $91.21M | $75.98M | $55.77M | $43.78M | $25.01M | $13.28M | $27.84M | $22.85M | $-38.27M | $10.67M | $28.84M | $23.03M | $17.55M | $7.05M | $25.72M |
| High Forecast | $91.56M | $68.16M | $92.86M | $87.06M | $84.19M | $66.21M | $89.01M | $87.60M | $89.13M | $65.76M | $93.62M | $97.70M | $81.03M | $76.40M | $66.46M | $92.39M | $78.17M | $66.92M | $52.54M | $30.01M | $15.94M | $33.41M | $27.42M | $-30.61M | $12.80M | $34.61M | $27.63M | $21.06M | $8.45M | $30.87M |
| Low Forecast | $88.78M | $66.09M | $90.03M | $84.41M | $81.63M | $63.57M | $87.45M | $84.94M | $59.42M | $63.76M | $89.17M | $94.73M | $54.02M | $74.07M | $44.31M | $90.17M | $74.20M | $44.62M | $35.03M | $20.01M | $10.62M | $22.27M | $18.28M | $-45.92M | $8.53M | $23.07M | $18.42M | $14.04M | $5.64M | $20.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.80% | 0.89% | 0.90% | - | 0.86% | 1.86% | 0.98% | 1.01% | 1.10% | 1.70% | 2.45% | 2.54% | 0.58% | 1.25% | -0.71% | -3.89% | 0.38% | 1.27% | 1.41% | 2.36% | 0.23% |
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 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 1 | 1 | 2 | 2 | 2 | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | $295.69M | $300.89M | $286.80M | - | $267.38M | $278.99M | $267.69M | $264.47M | $241.04M | $230.53M | $214.08M | $207.32M | $184.84M | $188.35M | $183.11M | $195.61M | $193.38M | $200.46M | $194.63M | $190.58M | $178.18M |
| Avg Forecast | $333.71M | $296.99M | $328.77M | $331.66M | $319.72M | $290.02M | $322.25M | $326.76M | $291.66M | $278.55M | $304.21M | $304.31M | $265.14M | $268.41M | $193.74M | $297.91M | $282.48M | $172.90M | $153.15M | $153.66M | $152.22M | $210.86M | $176.47M | $206.70M | $218.44M | $227.65M | $207.72M | $232.97M | $252.48M | $223.10M |
| High Forecast | $338.25M | $301.02M | $333.24M | $336.17M | $324.06M | $293.96M | $324.48M | $331.20M | $349.99M | $282.33M | $308.59M | $308.45M | $318.17M | $272.05M | $232.48M | $300.86M | $288.75M | $207.48M | $183.78M | $184.39M | $182.67M | $253.03M | $211.77M | $248.04M | $262.12M | $273.18M | $249.26M | $279.56M | $302.98M | $267.72M |
| Low Forecast | $330.30M | $293.95M | $325.41M | $328.27M | $316.45M | $287.06M | $318.96M | $323.42M | $233.33M | $275.70M | $297.65M | $301.20M | $212.12M | $265.66M | $154.99M | $295.30M | $277.38M | $138.32M | $122.52M | $122.93M | $121.78M | $168.69M | $141.18M | $165.36M | $174.75M | $182.12M | $166.18M | $186.37M | $201.99M | $178.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.06% | 0.99% | 0.94% | - | 1.00% | 1.44% | 0.90% | 0.94% | 1.39% | 1.51% | 1.39% | 1.36% | 0.88% | 1.07% | 0.89% | 0.90% | 0.85% | 0.97% | 0.84% | 0.75% | 0.80% |
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 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 1 | 1 | 2 | 2 | 2 | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | $1.28 | $2.00 | $2.13 | - | $1.56 | $2.44 | $2.10 | $1.78 | $1.42 | $1.72 | $1.42 | $0.78 | $0.38 | $0.67 | $0.64 | $-0.98 | $0.26 | $0.70 | $0.61 | $0.41 | $0.14 |
| Avg Forecast | $2.24 | $1.67 | $2.27 | $2.13 | $2.06 | $1.62 | $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 | $2.28 | $1.69 | $2.31 | $2.16 | $2.09 | $1.65 | $2.21 | $2.18 | $2.08 | $1.63 | $2.33 | $2.43 | $1.93 | $1.90 | $2.39 | $2.28 | $1.93 | $1.80 | $1.66 | $1.31 | $0.85 | $0.53 | $0.94 | $0.85 | $0.54 | $0.53 | $1.03 | $0.86 | $0.75 | $0.54 |
| Low Forecast | $2.21 | $1.64 | $2.24 | $2.10 | $2.03 | $1.58 | $2.17 | $2.11 | $2.02 | $1.59 | $2.22 | $2.35 | $1.87 | $1.84 | $2.31 | $2.22 | $1.83 | $1.70 | $1.56 | $1.23 | $0.80 | $0.49 | $0.89 | $0.79 | $0.51 | $0.50 | $0.97 | $0.81 | $0.70 | $0.51 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.80% | 0.89% | 0.89% | - | 0.84% | 1.04% | 0.93% | 0.95% | 0.82% | 1.08% | 1.13% | 0.95% | 0.75% | 0.74% | 0.79% | -1.88% | 0.51% | 0.70% | 0.74% | 0.57% | 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 $2.02 and a high estimate of $2.08. This represents a 60.03% increase compared to GMS previous annual EPS of $1.28 (Jan 24).
GMS Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| JBI | Janus Group | $10.01 | $12.00 | 19.88% | Buy |
| TILE | Interface | $18.67 | $22.00 | 17.84% | Buy |
| JELD | JELD-WEN | $15.44 | $16.56 | 7.25% | Hold |
| BECN | Beacon Roofing Supply | $85.38 | $87.20 | 2.13% | Buy |
| GMS | GMS | $90.66 | $86.00 | -5.14% | Buy |
| AZEK | AZEK Company | $45.20 | $39.29 | -13.08% | Buy |
| APOG | Apogee Enterprises | $67.47 | $43.00 | -36.27% | Hold |
GMS Forecast FAQ
Is GMS a good buy?
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.
What is GMS's price target?
GMS (GMS) average price target is $86 with a range of $61 to $100, implying a -5.14% from its last price of $90.66. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will GMS stock go up soon?
According to Wall Street analysts' prediction for GMS stock, the company can go down by -5.14% (from the last price of $90.66 to the average price target of $86), up by 10.30% based on the highest stock price target, and down by -32.72% based on the lowest stock price target.
Can GMS stock reach $140?
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.
Did the GMS's actual financial results beat the analysts' financial forecasts?
Based on GMS's last annual report (Apr 2022), the company's revenue was $4.63B, beating the average analysts forecast of $4.42B by 4.88%. Apple's EBITDA was $542.15M, beating the average prediction of $381.95M by 41.94%. The company's net income was $273.44M, beating the average estimation of $200.55M by 36.35%. Apple's SG&A was $950.12M, beating the average forecast of $762.19M by 24.66%. Lastly, the company's EPS was $6.35, missing the average prediction of $6.47 by -1.83%. 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%