According to Zacks Investment Research, GMS Inc. will report $0.49 as its 4th quarter earnings per share. The expected earnings range of GMS stocks stands at a high of $0.51 to a low of $0.47 per share for the current quarter.
For the corresponding quarter previous year, the company posted an EPS of $0.52. This suggests a negative yearly growth rate of -5.8%. Analysts expect GMS Inc. to post its Q4 earnings report on the 4th of March.
Further estimates from Zacks Investment Research suggest that GMS Inc. will report $2.95 EPS as its FY2020. In this case, analysts’ estimates range from $2.72 to $3.08. The company is expected to announce $3.24 as FY2021 EPS.
GMS stocks traded at $36.60 this Monday. The company’s current market capitalization stands at $1.56 billion. It has a positive PE ratio of 65.36 along with a beta of 2.09 at the moment. The 12-monthly high to low ranges from $37.85 to $10.39. The 50SMA (50 Days Simple Moving Average) stands at $32.60 and its 200SMA stands at $28.34.
NYSE: GMS Stock Analysis
The quarterly earnings report for the previous fiscal quarter was released by the company on the 2nd of December. The earnings stood at $0.93 EPS for that quarter as opposed to the general consensus of $0.91 proposed by analysts at Zacks Investment Research. The company’s return on equity currently stands at 18.50% along with a net margin of 0.80%.
The company has recently been the subject of a lot of reports by equities analysts. Some such as Zacks Investment Research, Barclays, Northcoast Research, Stephens, Raymond James, and so on have posted reports on this firm over the last few months.
Among the eleven analysts that have issued reports on this company, one has given out a “Buy” rating, and a majority of ten has rated it as “Hold.” Thus, the recent consensus rating of NYSE: GMS stands at “Hold” and the consensus on the target price is $26.50. Several hedge funds have also altered their shareholdings of this company recently.
