GMS Inc (NYSE:GMS)’s share price was up 2.6% on Monday . The company traded as high as $25.64 and last traded at $25.13, with a volume of 92,822 shares. The stock had previously closed at $24.50.

A number of equities analysts recently weighed in on GMS shares. Credit Suisse Group AG reaffirmed a “buy” rating on shares of GMS in a report on Tuesday, June 28th. SunTrust Banks Inc. started coverage on GMS in a report on Monday, June 20th. They issued a “buy” rating and a $28.00 price target for the company. Robert W. Baird started coverage on GMS in a report on Monday, June 20th. They issued a “neutral” rating and a $25.00 price target for the company. Royal Bank Of Canada started coverage on GMS in a report on Monday, June 20th. They issued an “outperform” rating and a $27.00 price target for the company. Finally, Raymond James Financial Inc. started coverage on GMS in a report on Monday, June 20th. They issued an “outperform” rating and a $26.00 price target for the company. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $26.60.

The stock has a market capitalization of $1.03 billion and a P/E ratio of 66.18. The company has a 50 day moving average of $0.00 and a 200-day moving average of $0.00.

GMS (NYSE:GMS) last issued its quarterly earnings data on Tuesday, July 12th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.17. The firm had revenue of $527.20 million for the quarter. The business’s revenue for the quarter was up 30.3% on a year-over-year basis. Equities research analysts anticipate that GMS Inc will post $1.73 earnings per share for the current year.

In other news, Director Theron I. Gilliam acquired 10,000 shares of the company’s stock in a transaction on Wednesday, June 1st. The shares were bought at an average price of $21.00 per share, with a total value of $210,000.00. Following the completion of the acquisition, the director now owns 10,000 shares in the company, valued at approximately $210,000. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Craig D. Apolinsky acquired 4,700 shares of the company’s stock in a transaction on Wednesday, June 1st. The shares were purchased at an average cost of $21.00 per share, for a total transaction of $98,700.00. Following the acquisition, the vice president now owns 4,700 shares of the company’s stock, valued at approximately $98,700. The disclosure for this purchase can be found here.

GMS Inc is a distributor of wallboard and suspended ceilings systems. The Company’s seven segments include Central, Northeast, Southern, Southeast, Southwest and Western, Tool Source Warehouse, Inc and other. It offers wallboard, which is used in building products for interior and exterior walls, and ceilings in residential and commercial structures.

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