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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 $61.04, down 0.49% from the previous day, and has increased 19.71% in one year. It has overperformed other stocks in the Building Products & Equipment industry by 0.18 percentage points. Gms stock is currently +69.09% from its 52-week low of $36.10, and -1.17% from its 52-week high of $61.76.

As of Feb 3, 2023, there are 41.62M GMS shares outstanding. The market capitalization of GMS is $2.54B. In the past 24 hours, 229,706 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.

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

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  • 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.
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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.
  2. Provide your personal details to create your new brokerage account.
  1. Send your info by clicking the "Create Account" button.
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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.

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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
$61.04
1w %
7.16%
1y %
19.71%
5y %
86.72%
P/E
7.89x
P/B
2.15x
P/S
0.49x
PEG
N/A
Revenue
$5.23B
Earnings
$330.50M
Fore. Rev. Growth
-1.7%
Fore. Earn. Growth
-0.93%
Market Cap
$2.54B
Next Earnings
Mar 1, 2023
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 7.89x, relative to Building Products & Equipment industry P/E ratio of 15.32x
  • GMS could be undervalued based on its P/B ratio of 2.15x, relative to Building Products & Equipment industry P/B ratio of 3.99x

You can access more valuation research on GMS's stock here.

GMS Financial Health Summary

Pros:

  • GMS's operating cash flow of $359.57M allows it to safely service it's debt of $1.36B.
  • There are more short-term assets than short-term liabilities on the GMS balance sheet.
  • GMS earnings of $506.58M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the GMS balance sheet.
  • GMS profit margin has gone up from 4.8% to 6.3% in the past year.

Cons:

  • Total GMS debt is higher than 5 years ago, relative to shareholder equity.
  • GMS has a relatively high debt to equity ratio of 1.74.

Do Wall Street analysts think it's a good time to buy Gms stock

Out of 6 Wall Street analysts who give recommendations 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 Ratings

David Manthey, a top 7% analyst from Baird maintains GMS with a buy rating and raises their GMS price target from $67.00 to $68.00, on Jan 24, 2023.

Trey Grooms, a top 8% analyst from Stephens & Co. maintains GMS with a strong buy rating and raises their GMS price target from $60.00 to $65.00, on Dec 12, 2022.

Mike Dahl, a bottom 28% analyst from RBC Capital maintains GMS with a hold rating and raises their GMS price target from $51.00 to $58.00, on Dec 9, 2022.

Jeffrey Stevenson, a bottom 20% analyst from Loop Capital downgrades GMS to a hold rating and announces their GMS price target of $60.00, on Dec 9, 2022.

Keith Hughes, a top 2% analyst from Truist Securities downgrades GMS to a hold rating and lowers their GMS price target from $50.00 to $46.00, on Sep 7, 2022.

You can dive deeper into what analysts are projecting on the Gms stock forecast page.

GMS Trading Indicators

SMA10
57.57
SMA20
55.11
SMA50
52.65
SMA100
48.55
SMA200
48.47
MACD
2.34
MACD Signal
1.63
MACD Histogram
0.71
RSI
74.78
Stochastic %K
94.94
Stochastic %D
94.59
StochRSI %K
97.63
StochRSI %D
96.79

GMS Earnings

Last year, GMS earnings were $330.50M. In the past five year, GMS's earnings have grown by 41.59% per year. This was faster than the Building Products & Equipment industry average of 39.87%.

Last year, GMS revenue was $5.23B. During the last 5 year, GMS's revenue has gone up by 16.22% per year. This was faster than the Building Products & Equipment industry average of 13.56%.

Find out more about GMS's earnings and revenue performance here.

Are GMS insiders buying or selling the stock?

Over the past 12 months, executives and large shareholders at GMS have bought more shares than they have sold.

Craig D. Apolinsky, VP GC and Corporate Secretary of GMS, was the latest GMS insider to sell. They sold $594,234.43 worth of GMS shares on Feb 2, 2023.

Learn more about who owns GMS shares here.

Does GMS stock generate passive income?

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

GMS Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your GMS trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price limit, place a limit order.

Press the Open Trade button and eToro will place the order.

If you require additional help with buying stocks on eToro, click 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 company.

Make a watchlist to keep tabs on your GMS stock.

GMS Feed

How to Buy Stock in Gms

To reiterate, here are the 6 steps you need to take to buy Gms stock right now:

  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 online brokerage, eToro is our favorite venue.

Get Started with eToro Today

If you would like to get notifications regarding your investment in Gms, click the button below.

NYSE: GMS
$61.04-0.30 (-0.49%)
Updated Feb 3, 2023
Open eToro Account
NYSE: GMS
$61.04-0.30 (-0.49%)
Updated Feb 3, 2023
Open eToro Account

FAQ

How much does it cost to buy one Gms share?

As of Feb 3, 2023, it costs $61.04 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 0.164 shares of GMS.

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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.