Latest news with #GMS
Yahoo
14 hours ago
- Business
- Yahoo
Should Value Investors Buy GMS (GMS) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. One company to watch right now is GMS (GMS). GMS is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. We should also highlight that GMS has a P/B ratio of 2.96. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 2.97. Over the past year, GMS's P/B has been as high as 2.97 and as low as 1.86, with a median of 2.32. Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. GMS has a P/S ratio of 0.76. This compares to its industry's average P/S of 0.86. Value investors will likely look at more than just these metrics, but the above data helps show that GMS is likely undervalued currently. And when considering the strength of its earnings outlook, GMS sticks out as one of the market's strongest value stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GMS Inc. (GMS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hans India
18-07-2025
- Business
- Hans India
Bhoomi Puja performed for IOC gas storage facility at Tirumala
Tirumala: TTD Chairman B R Naidu performed the Bhoomi Puja on Wednesday for the construction of an LPG gas storage facility with a capacity of 45 metric tonnes at Outer Ring Road, Tirumala, to meet TTD's future requirements. Speaking on the occasion, the Chairman said that IOCL has been continuously supplying LPG to TTD for the past two decades and that a new agreement has now been signed for uninterrupted supply for the next 30 years. The plant, to be jointly executed by TTD and IOCL, will be built in over 1.86 acres at a cost of Rs 8.13 crore and is expected to be completed within six months. The stored LPG will be used for the preparation of laddu prasadam and free meals. The Chairman noted that this initiative will help TTD save approximately Rs 1.50 crore annually. IOCL Marketing Director V Satish Kumar stated that a bio-gas plant was also under construction near the Tirumala dumping yard at a cost of Rs 12.05 crore. Of the 55 tonnes of wet waste generated daily, around 40 tonnes will be processed by IOCL to produce 1,000 kg of bio-gas each day. The new plant will be equipped with advanced safety and operational features, including 45 MT mounted storage vessels, a 1,500 kg vaporizer, fire-fighting systems, sprinkler mechanisms, two water tanks, a diesel generator set, remote-operated valves, gas leakage alarms, a tank lorry decantation system, CCTV surveillance, GMS, TFMS and ILSD. TTD chief engineer Satyanarayana, EEs Subrahmanyam, Sudhakar, DE Chandrasekhar, along with other officials from TTD and IOCL were present at the ceremony.
The Hindu
17-07-2025
- Business
- The Hindu
Foundation laid for a LPG storage facility for TTD
In a significant step towards strengthening infrastructure to meet the long-term energy needs of the hill temple, Chairman of the Tirumala Tirupati Devasthanams Trust Board B.R. Naidu on Thursday performed 'Bhoomi Puja' for setting up a state-of-the-art 45 metric tonne LPG storage facility at Tirumala. The facility being developed on the outer ring road, in collaboration with Indian Oil Corporation Limited (IOCL) will be constructed at an estimated cost of ₹8.13 crore in over 1.86 acres of land and completed in six months. Speaking on the occasion, Chairman Naidu said that the IOCL has been a consistent supplier of LPG to the TTD since the past two decades and has now entered into a 30-year fresh agreement to ensure uninterrupted supply of LPG which he said will be primarily used in the preparation of the famed Tirumala laddu prasadam and at its daily Annadanam (community meals) complex and added that the initiative is expected to save a projected ₹1.5 crore annually in operational costs. IOCL Marketing Director V. Satish Kumar highlighted the corporation's ongoing commitment to sustainable practices. 'IOCL is already constructing a ₹12.05 crore bio-gas plant near the Tirumala dumping yard. Of the 55 tonnes of wet waste generated daily, 40 tonnes will be diverted to this new facility, which shall generate around 1,000 kilograms of bio-gas every day,' he explained. Several advanced safety and operational features will be incorporated at the LPG storage plant like — a 45 MT mounted storage vessels, 1,500 kg vaporizer, firefighting systems with sprinklers, dual water tanks, diesel generator, remote operating valves, gas leakage detection alarms, tanker decantation systems, CCTV surveillance, Gas Management System (GMS), Terminal Facility Monitoring System (TFMS) and Integrated Level Safety Device (ILSD). Also present at the event were TTD Chief Engineer TVV Satyanarayana and officials from both TTD and IOCL.
Yahoo
14-07-2025
- Business
- Yahoo
GMS (GMS) is a Great Momentum Stock: Should You Buy?
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at GMS (GMS), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. GMS currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if GMS is a promising momentum pick, let's examine some Momentum Style elements to see if this company holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For GMS, shares are up 12.71% over the past week while the Zacks Building Products - Retail industry is up 0.89% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 40.59% compares favorably with the industry's 1.55% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of GMS have increased 54.73% over the past quarter, and have gained 29.26% in the last year. On the other hand, the S&P 500 has only moved 17.01% and 13.4%, respectively. Investors should also take note of GMS's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now GMS is averaging 2,151,528 shares for the last 20 days.. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with GMS. Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost GMS's consensus estimate, increasing from $6.11 to $6.33 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that GMS is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep GMS on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GMS Inc. (GMS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
14-07-2025
- Business
- Yahoo
Beacon Roofing Supply (BECN) Reports Q1: Everything You Need To Know Ahead Of Earnings
Roofing materials distributor Beacon Roofing Supply (NASDAQ:BECN) is expected to be reporting results this Tuesday after market close. Here's what to expect. Beacon Roofing Supply missed analysts' revenue expectations by 1.2% last quarter, reporting revenues of $2.40 billion, up 4.5% year on year. It was a slower quarter for the company, with a miss of analysts' EBITDA estimates. Is Beacon Roofing Supply a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Beacon Roofing Supply's revenue to decline 3.6% year on year to $1.84 billion, a reversal from the 10.4% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.15 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Beacon Roofing Supply has missed Wall Street's revenue estimates five times over the last two years. Looking at Beacon Roofing Supply's peers in the industrial distributors segment, some have already reported their Q1 results, giving us a hint as to what we can expect. GMS's revenues decreased 5.6% year on year, beating analysts' expectations by 2.9%, and Core & Main reported revenues up 9.8%, topping estimates by 3.5%. GMS traded up 37.3% following the results while Core & Main was down 3.1%. Read our full analysis of GMS's results here and Core & Main's results here. There has been positive sentiment among investors in the industrial distributors segment, with share prices up 6.9% on average over the last month. during the same time. When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
