A statement released earlier today by Zacks Investment Research about GMS Inc (NYSE:GMS) ups the target price to $25.00
- Updated: October 4, 2016
Zacks Investment Research bumped up the target of GMS Inc (NYSE:GMS) to $25.00 stating a potential upside of 0.13%.
Boasting a price of $22.16, GMS Inc (NYSE:GMS) traded 0.05% higher on the day. With the last stock price close down -4.51% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. GMS Inc has recorded a 50-day average of $23.13 and a two hundred day average of $23.21. Volume of trade was down over the average, with 112,963 shares of GMS changing hands under the typical 140,505
With a total market value of $0, GMS Inc has price-earnings ratio of 40.51 with a one year low of $19.28 and a one year high of $26.42 .
A total of 6 equity analysts have released a ratings update on GMS. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $26.17.
Brief Synopsis About GMS Inc (NYSE:GMS)
GMS Inc. is a distributor of wallboard and suspended ceilings systems, or ceilings. The Company provides a product offering of over 20,000 stock keeping units (SKUs) of wallboard, ceilings and complementary interior construction products for interior contractors. It offers steel framing and ancillary products for its customers. Its Wallboard is a building product for interior and exterior walls and ceilings in residential and commercial structures. Its ceilings product line consists of suspended mineral fiber, soft fiber and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools and a range of other commercial and institutional buildings. Its steel framing product line consists of steel track, studs and various other steel products used to frame the interior walls of a commercial or institutional building. It supplies complementary products, including insulation, ready-mix-joint compound and various other interior construction products.
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