GMS Price Prediction Next Week
Analysis and Insights
To predict the stock price of GMS for the next trading week, we analyze both fundamental and technical factors.
Fundamental Analysis:
GMS Inc. has faced recent challenges, with Q3 adjusted EPS of 92 cents, missing the consensus estimate of $1.40. Analysts have lowered price targets, with Baird reducing it to $93 from $110 and Truist lowering it to $80 from $97, reflecting weak market outlook and disappointing Q3 results.
Technical Analysis:
The stock is oversold, with RSI values below 30. The MACD is negative, indicating bearish momentum. Fibonacci levels suggest resistance at $81.46 and support at $69.14. The price is below key moving averages, confirming a downtrend.
Price Prediction and Recommendation:
Given the bearish technical indicators and negative sentiment, GMS is expected to decline further. The target price for the next trading week is $68.00.
Recommendation: Sell GMS stock as it is likely to test lower support levels.
GMS Similar Chart Price Prediction
The price of GMS is predicted to go up 19.86%, based on the high correlation periods with OTRK. The similarity of these two price pattern on the periods is 97.1%.
GMS
OTRK
Up: 19.86%Similarity: 97.1%
GMS Revenue Forecast
GMS EPS Forecast
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GMS Analyst's Forecast
Jeffrey Stevenson
Loop Capital
Hold
2025-03-10
Price Target
$93 → $80
Upside
+9.97%
Loop Capital lowered the firm's price target on GMS Inc. to $80 from $93 and keeps a Hold rating on the shares. The firm cites the company's sizable earnings miss and Q4 guidance which came in well below consensus expectations on softer than anticipated end market demand fundamentals, the analyst tells investors in a research note. The miss was driven in part by lighter than expected gross margin due to continued steel framing pricing declines and ongoing wallboard price/cost headwinds, the firm added.
Matthew Bouley
Barclays
Hold
2025-03-10
Price Target
$80 → $71
Downside
-2.41%
Kurt Yinger
DA Davidson
Hold
2025-03-07
Price Target
$94 → $80
Upside
+8.08%
