GMS Inc. (NYSE:GMS) shares fell to a low of $33.02 before closing at $33.91. Intraday shares traded counted 0.15 million, which was 55.33% higher than its 30-day average trading volume of 342.58K. GMS’s previous close was $33.58 while the outstanding shares total 42.72M. The firm has a beta of 2.09, a 12-month trailing P/E ratio of 59.18, and a growth ratio of 5.38. The stock’s Relative Strength Index (RSI) is 62.15, with weekly volatility at 3.93% and ATR at 1.28. The GMS stock’s 52-week price range has touched low of $10.39 and a $34.57 high. The stock traded higher over the last trading session, gaining 0.98% on 02/11/21.
Investors have identified the Building Products & Equipment company GMS Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.43 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
GMS Inc. (GMS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For GMS, the company has in raw cash 118.17 million on their books with 49.3 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 874.4 million total, with 376.94 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.24 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GMS sounds very interesting.
Is the stock of GMS attractive?
In related news, Director, Ross Ronald R bought 59,221 shares of the company’s stock in a transaction that recorded on Mar 27. The purchase was performed at an average price of 16.25, for a total value of 962,276. As the purchase deal closes, the Director, Ross Ronald R now bought 56,200 shares of the company’s stock, valued at 923,372. Also, Director, Ross Ronald R bought 25,000 shares of the company’s stock in a deal that was recorded on Mar 25. The shares were cost at an average price of 14.93 per share, with a total market value of 373,258. Following this completion of disposal, the Director, SMITH J DAVID now holds 3,000 shares of the company’s stock, valued at 36,298. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
1 out of 7 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on GMS Inc.. 0 analysts has assigned a Sell rating on the GMS stock. The 12-month mean consensus price target for the company’s shares has been set at $33.40.