WallStreetZenWallStreetZen

How to Buy Gms Stock

Gms Inc

Gms is a building product & equipment company located in Georgia, United States, which is part of the Basic Materials sector, and is traded under the ticker GMS on the NYSE exchange.

Gms stock last closed at $97.34, up 0.51% from the previous day, and has increased 75.32% in one year. It has overperformed other stocks in the Building Products & Equipment industry by 0.04 percentage points. Gms stock is currently +87.19% from its 52-week low of $52.00, and -1.76% from its 52-week high of $99.09.

As of Mar 28, 2024, there are 39.83M GMS shares outstanding. The market capitalization of GMS is $3.88B. In the past 24 hours, 483,685 GMS shares were traded.

How to Buy Gms Stock

Not sure how to invest in Gms stock? Here's how.
  1. Choose where to buy Gms stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Gms stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your payment method and add your info.
  4. Evaluate Gms stock: The Gms ticker symbol is GMS. Is Gms stock a good investment? Should you buy shares of GMS? How do GMS's underlying business fundamentals look? Do top analysts think Gms is a good buy? Why has GMS's stock price moved recently? (Hint: Our stock market research tools can help you decide if GMS is a good stock to buy).
  5. Execute your GMS trade: Decide if you will purchase GMS shares at the current market price or use a limit order to buy GMS stock at a given price.
  6. Get the latest scoop on your GMS position: Create a watchlist to key updates about your position in Gms stock.

Step 1: Choose where to buy Gms stock

You need a brokerage account in order to access the NYSE market and buy GMS shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

We believe that eToro is the best place to buy stocks. eToro gives you:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal information so you can buy GMS stock today.

How to Create a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal details to create your new brokerage account.
  1. Send your info by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you have opened your account on the best stock investing app, your next step is to transfer the money for your investment:

Check out this video walkthrough to see the process of transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Gms stock

Once you have decided on the best place to buy Gms stock, it's important to analyze their stock prior to buying, so you can comprehend the risk as well as the opportunity.

Gms quick stats

GMS Price
$97.34
1w %
0.1%
1y %
75.32%
5y %
542.51%
P/E
13.39x
P/B
2.73x
P/S
0.72x
PEG
6.12x
Revenue
$5.39B
Earnings
$295.29M
Fore. Rev. Growth
4.06%
Fore. Earn. Growth
2.43%
Market Cap
$3.88B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Gms

WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.

You can view all of the due diligence checks on GMS's stock page.

How is GMS stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge GMS's true value.

Using relative valuations metrics:

  • GMS may be undervalued based on its P/E ratio of 13.39x, relative to Building Products & Equipment industry P/E ratio of 28.23x
  • GMS could be undervalued based on its P/B ratio of 2.73x, relative to Building Products & Equipment industry P/B ratio of 5.57x
  • GMS could be overvalued based on its PEG ratio of 6.12x

You can do more valuation analysis on GMS's stock here.

GMS Financial Health Overview

Pros:

  • There are more short-term assets than long-term liabilities on the GMS balance sheet.
  • Total GMS debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the GMS balance sheet.
  • GMS's operating cash flow of $433.84M allows it to safely service it's debt of $1.22B.
  • GMS earnings of $464.11M is not enough to cover its interest payments.

Cons:

  • GMS profit margin has gone down from 6.3% to 5.5% in the past year.
  • GMS has a relatively high debt to equity ratio of 1.31.

Is it a good time to buy GMS stock, according to Wall Street analysts?

Out of 6 Equities analysts who give ratings on GMS, the consensus analyst rating on GMS is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest GMS Analyst Upgrades/Downgrades

Sam Darkatsh, a top 3% analyst from Raymond James maintains GMS with a buy rating and raises their GMS price target from $82.00 to $85.00, on Dec 11, 2023.

You can dig deeper into what analysts are saying on the Gms stock forecast page.

Metrics for Advanced GMS Traders

SMA10
95.99
SMA20
93.26
SMA50
89.1
SMA100
81.18
SMA200
74.04
MACD
2.44
MACD Signal
2.27
MACD Histogram
0.17
RSI
72.25
Stochastic %K
79.49
Stochastic %D
76.33
StochRSI %K
69.29
StochRSI %D
66.93

How are GMS Revenues/Earnings doing?

Last year, GMS earnings were $295.29M. Over the last 5 year, GMS's earnings have increased by 43.61% per year. This was faster than the Building Products & Equipment industry average of 10.98%.

Last year, GMS revenue was $5.39B. Over the past 5 year, GMS's revenue has gone up by 12.66% per year. This was faster than the Building Products & Equipment industry average of 7.92%.

Dive into GMS's earnings and revenue performance here.

Latest Insiders Trades at GMS

In the past year, executives and large shareholders at GMS have sold more shares than they have bought.

George T. Hendren, SVP Chief Operating Officer of GMS, was the latest GMS insider to sell. They sold $1,018,355.46 worth of GMS stock on Mar 22, 2024.

Learn more about who owns GMS stock here.

Does GMS stock generate passive income?

No, Gms doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your GMS trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.

Click the Open button and eToro will place your order.

If you want additional help buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your GMS position

Now that you own some GMS stock, you'll want to keep up with your stock purchase.

Create a watchlist to see the latest developments about your GMS stock.

GMS Feed

How to Buy Stock in Gms

To reiterate, here are the 6 steps to buy Gms stock:

  1. Choose where to buy Gms stock
  2. Open a brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Gms stock
  5. Execute your GMS trade
  6. Get the latest scoop on your GMS position

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Gms, click the button below.

NYSE: GMS
$97.34+0.49 (+0.51%)
Updated Mar 28, 2024
Open eToro Account
NYSE: GMS
$97.34+0.49 (+0.51%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Gms share?

As of Mar 28, 2024, it costs $97.34 to buy one share of Gms stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.103 shares of GMS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Gms stock?

According to 6 Wall Street analysts who monitor Gms, their consensus recommendation is to buy Gms stock.

What is the best way to buy Gms stock?

One way to place an order for Gms stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.