Brokerages Have Given The Stocks Of GMS A Rating Of ‘Hold’

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GMS
GMS

The stocks of GMS have been given a rating of ‘hold’ by 14 analysts that have been working on the stocks of this firm. According to reports from Marketbeat, one of the equities research analysts has already rated the GMS stock with a ‘sell’, while ten of them have given it a rating of ‘hold’. Two research analysts have given the stocks of this company a rating of ‘buy’. Currently, the price objective of the firm over a period of one year has been $27.50. 

The Quarterly Earnings Of GMS

There have been quite a few research firms that have been working on the stocks of the company. Raymond James has already decreased the shares of the company from a rating of ‘strong buy’ to a rating of ‘market perform’ in one of their research notes. 

Stephens has also downgraded the shares of GMS from a rating of ‘overweight’ to a rating of ‘equal-weight’, along with a price target of $30 set on the firm. Zacks Investment Research has also increased the stocks of this firm from a rating of ‘hold’ to ‘buy’ and a target price of $32 on the stocks of GMS. 

The stocks of GMS traded at $29.30 last Tuesday. The year low for the firm is $10.39, while the year high is set at $34.57. The moving average price for the firm over 50 days is $28.81, with the moving price over 200 days is $25.52. The current ratio of the firm is 2.31, with the quick ratio being set at 1.52, and the debt-to-equity ratio fixed at 1.32. The market cap of the firm is $1.25 billion, with a beta of 2.11, and a PE ratio of 52.32.