GMS (GMS) Stock Forecast, Price Target & Predictions
GMS Stock Forecast
GMS stock forecast is as follows: an average price target of $92.83 (represents a 7.93% upside from GMS’s last price of $86.01) 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 $92.83 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 $85.00. This represents a potential 7.93% upside from GMS's last price of $86.01.
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% | 10.45% |
| Jun 25, 2024 | Kurt Yinger | D.A. Davidson | $97.00 | $79.47 | 22.06% | 12.78% |
| Jun 21, 2024 | Jeffrey Stevenson | Loop Capital Markets | $85.00 | $80.55 | 5.52% | -1.17% |
| Jun 21, 2024 | Keith Hughes | Truist Financial | $95.00 | $80.63 | 17.82% | 10.45% |
| Jun 21, 2024 | David Manthey | Robert W. Baird | $100.00 | $80.56 | 24.14% | 16.27% |
| Jun 21, 2024 | Mike Dahl | RBC Capital | $85.00 | $80.38 | 5.75% | -1.17% |
| Jun 20, 2024 | David Manthey | Robert W. Baird | $105.00 | $89.89 | 16.81% | 22.08% |
| Mar 04, 2024 | Baird Ratings | Robert W. Baird | $265.00 | $90.57 | 192.59% | 208.10% |
| Jun 27, 2023 | Keith Hughes | Truist Financial | $72.00 | $71.64 | 0.50% | -16.29% |
| Dec 12, 2022 | Stephens | $65.00 | $53.75 | 20.93% | -24.43% | |
| Jun 24, 2022 | Keith Hughes | Truist Financial | $50.00 | $43.66 | 14.53% | -41.87% |
| Jun 24, 2022 | Truist Financial | $50.00 | $44.35 | 12.74% | -41.87% | |
| Jun 24, 2022 | Robert W. Baird | $55.00 | $41.00 | 34.15% | -36.05% | |
| Jun 24, 2022 | Raymond James | $70.00 | $41.00 | 70.73% | -18.61% | |
| Jun 22, 2022 | RBC Capital | $46.00 | $39.87 | 15.37% | -46.52% | |
| Dec 03, 2021 | Matthew Bouley | Barclays | $61.00 | $56.63 | 7.72% | -29.08% |
| Dec 03, 2021 | David Manthey | Robert W. Baird | $68.00 | $56.63 | 20.08% | -20.94% |
| Dec 03, 2021 | Mike Dahl | RBC Capital | $68.00 | $56.63 | 20.08% | -20.94% |
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 10.45% increase from GMS last price ($86.01).
GMS Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 8 |
| Avg Price Target | - | - | $115.88 |
| Last Closing Price | $86.01 | $86.01 | $86.01 |
| Upside/Downside | -100.00% | -100.00% | 34.73% |
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 $86.01. 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
| 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 |
| Jun 24, 2022 | Raymond James | Outperform | Outperform | Hold |
| Jun 22, 2022 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Dec 03, 2021 | RBC Capital | Outperform | Outperform | Hold |
| Dec 03, 2021 | Barclays | Outperform | Outperform | 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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 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 | $1.49B | $1.33B | $1.50B | $1.50B | $1.43B | $1.29B | $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 | $1.50B | $1.34B | $1.51B | $1.51B | $1.44B | $1.30B | $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 | $1.48B | $1.32B | $1.49B | $1.49B | $1.42B | $1.29B | $1.46B | $1.48B | $1.41B | $1.27B | $1.35B | $1.38B | $1.27B | $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 |
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| 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 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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| 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 | $154.93M | $138.86M | $156.60M | $156.12M | $149.01M | $134.86M | $152.60M | $154.86M | $117.27M | $132.01M | $144.18M | $144.22M | $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 | $156.03M | $139.84M | $157.71M | $157.23M | $150.07M | $135.91M | $153.65M | $154.86M | $140.72M | $132.07M | $146.25M | $145.25M | $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 | $154.18M | $138.18M | $155.84M | $155.36M | $148.29M | $134.21M | $151.86M | $154.86M | $93.81M | $131.95M | $141.06M | $143.52M | $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 % | - | - | - | - | - | - | - | - | - | 6.77% | 7.29% | 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 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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| 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 | $86.06M | $62.73M | $88.59M | $86.21M | $74.95M | $55.45M | $86.95M | $84.96M | $74.27M | $63.78M | $89.61M | $94.76M | $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 | $86.85M | $63.31M | $89.40M | $87.00M | $75.64M | $59.04M | $87.72M | $84.98M | $89.13M | $63.79M | $92.41M | $95.63M | $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 | $85.51M | $62.33M | $88.03M | $85.66M | $74.48M | $53.46M | $86.18M | $84.94M | $59.42M | $63.77M | $88.01M | $94.16M | $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 % | - | - | - | - | - | - | - | - | - | 0.81% | 0.90% | 0.92% | - | 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 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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| 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 | $327.27M | $293.32M | $330.80M | $329.78M | $314.76M | $284.88M | $322.35M | $327.12M | $291.66M | $278.86M | $304.55M | $304.65M | $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 | $329.59M | $295.40M | $333.15M | $332.12M | $317.00M | $287.08M | $324.57M | $327.12M | $349.99M | $278.98M | $308.93M | $306.81M | $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 | $325.68M | $291.89M | $329.19M | $328.18M | $313.23M | $283.49M | $320.78M | $327.12M | $233.33M | $278.73M | $297.98M | $303.17M | $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 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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| 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 | $2.17 | $1.58 | $2.23 | $2.17 | $1.89 | $1.40 | $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 | $2.19 | $1.59 | $2.25 | $2.19 | $1.91 | $1.49 | $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 | $2.15 | $1.57 | $2.22 | $2.16 | $1.88 | $1.35 | $2.17 | $2.14 | $2.05 | $1.61 | $2.22 | $2.37 | $1.89 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| JELD | JELD-WEN | $9.88 | $12.00 | 21.46% | Hold |
| JBI | Janus Group | $7.68 | $9.25 | 20.44% | Buy |
| GMS | GMS | $89.01 | $92.83 | 4.29% | Buy |
| BECN | Beacon Roofing Supply | $105.32 | $107.50 | 2.07% | Buy |
| AZEK | AZEK Company | $52.73 | $48.00 | -8.97% | Buy |
| TILE | Interface | $25.75 | $22.00 | -14.56% | Buy |
| APOG | Apogee Enterprises | $74.80 | $43.00 | -42.51% | Hold |