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GMS Inc. (GMS - Free Report) was a big mover last session, as the company saw its shares rise over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $29.43–$33.96 in the past one-month time frame, witnessed a sharp increase yesterday.
The shares rose after the company announced that it is going to acquire WSB Titan.
The company has seen four positive estimate revisions in the past two months. Its Zacks Consensus Estimate for the current quarter has also revised upward over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
GMS Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Is GMS going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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GMS Inc. (GMS) Jumps: Stock Rises 10.1%
GMS Inc. (GMS - Free Report) was a big mover last session, as the company saw its shares rise over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $29.43–$33.96 in the past one-month time frame, witnessed a sharp increase yesterday.
The shares rose after the company announced that it is going to acquire WSB Titan.
The company has seen four positive estimate revisions in the past two months. Its Zacks Consensus Estimate for the current quarter has also revised upward over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
GMS Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
GMS Inc. Price and Consensus
GMS Inc. Price and Consensus | GMS Inc. Quote
Another stock worth considering in the Building Products industry is Beacon Roofing Supply, Inc. (BECN - Free Report) which sports a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is GMS going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>