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.
Here is how GMS (GMS) and Kingfisher PLC (KGFHY) have performed compared to their sector so far this year.
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.
Does GMS (GMS) have what it takes to be a top stock pick for momentum investors? Let's find out.
After reaching an important support level, GMS Inc. (GMS) could be a good stock pick from a technical perspective. GMS recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
GMS (GMS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
The Home Depot has just announced that its SRS Distribution subsidiary, the cornerstone of its professional contractor “Pros” strategy, has acquired GMS Inc., further extending its reach into the building trades and contractor market.
Here is how GMS (GMS) and Carvana (CVNA) have performed compared to their sector so far this year.
Home Depot advances its 'One Home Depot' plan with the pending acquisition of GMS to boost specialty distribution.
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.
Home Depot is buying specialty building products distributor GMS Inc. in a deal valued at approximately $4.3 billion.The Atlanta home improvement chain said Monday the transaction will help strengthen Home Depot's relationship with professional contractors.GMS of Tucker, Georgia, is a distributor of specialty building products including drywall, ceilings, steel framing and other complementary products related to construction and remodeling projects in residential and commercial end markets.As part of the deal, a subsidiary of Home Depot's SRS Distribution Inc. will start a cash tender offer to buy all outstanding shares of GMS for $110 per share. The total equity value of the transaction is approximately $4.3 billion.
Home Depot (HD) has won a bidding war for GMS (GMS), striking a deal to buy the building-products distributor for $4.3 billion, or $5.5 billion including debt.