GMS Inc. (GMS): Why insiders taking interest in this stock


GMS Inc. (NYSE:GMS) changes shares on Friday trading session, with a change of 1.74% or $0.38 shares. The trading starts at $23.07 and closed at $21.79 throughout the day. The trading session low price was $21.28 and day high was $23.32 on Friday, June 12. After the session, the Industrials sector daily volume shifted to 0.29 million while its average volume is 457.46K. In other hand, the GMS market cap reached to $922.27M. While, its current target price is $22.17 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -10.10% and up 37.87% for month. Its quarterly performance was 39.35% above, while its half year performance is down -20.62%. GMS yearly performance stood at positive 18.30% and fall -18.13% for year-to-date. Current recommendation for GMS Inc. is 2.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GMS EPS (TTM) for 12-month is 1.91. EPS for this year is -1.80%, while for the next year its value is 2.04. Sales growth for the current quarter is 1.06 while its EPS Q/Q reached 85.20%. It has an EPS of 17.50% up for past five years and for the next five years will be up 11.00%.

Let’s take a look on the analyst recommendations on GMS for the current month and previous month. For the current month, 4 of 8 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 8 analysts participate in stock recommendation. Out of 8, 0 rated it sell, 5 rated it as Buy and 3 as Hold Ratings. On the other hand, target price ranges from $15.00-$27.00. Average target price for GMS was reached at $22.00.

Blackrock Inc., Vanguard Group, Inc. (The) and Dimensional Fund Advisors LP are the top three holders in GMS Inc. (GMS) stock. On Mar 30, 2020, Blackrock Inc. has 6.23 million shares which valued 98.04 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 5.5 million shares which valued at 86.52 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 2.28 million shares which valued at 35.88 million. In the end, Dimensional Fund Advisors LP have 5.39% shares outstanding of GMS Inc. (GMS) on Mar 30, 2020. The insider ownership moved to 1.30% and institutional holding shifted to 94.70%.

The company posted an EPS (TTM) of 1.91. According to the most recent quarter report on (Apr 2020), 9 analysts estimated an average EPS of 0.52, while 0.68 EPS posted a year ago period. Analyst Estimated EPS for GMS published in the report was 0.24-0.67 during the same period. Comparing with last year, the average estimated EPS was 0.68 which is higher than 0.52 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GMS fall -9.70% for period of 200 days. SMA for 50 days was 23.49% which is showing green signal, while SMA-20 was 4.80%. The moving average value for GMS Inc. (GMS) is 22.26 and 19.87 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in GMS stock. On Mar 27, Ross Ronald R, Director, bought 59,221 trading shares at the cost of $16.25, which valued at 0.96 million. On Mar 26, Ross Ronald R, Director, bought 56,200 shares at the cost of $16.43, with total shares of 440,592. On Mar 25, Ross Ronald R, Director, bought 25,000 shares at the cost of 14.93. After this transaction, Ross Ronald R total shares reached to 384,392 which valued at 0.37 million.