GMS (GMS) Receives a Hold from Truist Financial
In a report released yesterday, Keith Hughes from Truist Financial maintained a Hold rating on GMS (GMS – Research Report), with a price target of $105.00. The company's shares closed yesterday at $99.69.
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Hughes covers the Industrials sector, focusing on stocks such as Ferguson PLC, Armstrong World, and Beacon Roofing Supply. According to TipRanks, Hughes has an average return of 17.8% and a 60.57% success rate on recommended stocks.
In addition to Truist Financial, GMS also received a Hold from Robert W. Baird's David Manthey in a report issued on June 23. However, on June 20, Stephens reiterated a Buy rating on GMS (NYSE: GMS).
Based on GMS' latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.26 billion and a GAAP net loss of $21.41 million. In comparison, last year the company earned a revenue of $1.26 billion and had a net profit of $51.91 million
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is neutral on the stock. Most recently, in April 2025, John C. Turner, the President & CEO of GMS bought 3,650.00 shares for a total of $255,500.00.
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