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GMS Completes Merger and Delists from NYSE

Story Highlights
  • GMS Company terminated its credit agreements and redeemed Senior Notes following a merger.
  • The merger led to GMS delisting its shares from the NYSE, altering its market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GMS Completes Merger and Delists from NYSE

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GMS ( (GMS) ) has shared an update.

On September 4, 2025, GMS Company completed a merger that led to the termination of its First Lien Credit Agreement and Asset Based Lending Facility, repaying all outstanding obligations. The company also redeemed its $350 million Senior Notes and amended its certificate of incorporation and bylaws. As part of the merger, GMS requested the delisting of its shares from the NYSE, signaling a significant shift in its market presence and regulatory obligations.

The most recent analyst rating on (GMS) stock is a Hold with a $118.00 price target. To see the full list of analyst forecasts on GMS stock, see the GMS Stock Forecast page.

Spark’s Take on GMS Stock

According to Spark, TipRanks’ AI Analyst, GMS is a Neutral.

GMS’s overall stock score reflects a mix of challenges and opportunities. The most significant factor is the company’s financial performance, which is under pressure due to declining profitability and high leverage. Technical analysis suggests caution due to overbought conditions. Valuation concerns arise from a high P/E ratio and lack of dividend yield. The earnings call provided a balanced view with both strengths and challenges. The merger agreement with Home Depot is a positive strategic development, offering potential long-term benefits.

To see Spark’s full report on GMS stock, click here.

More about GMS

Average Trading Volume: 1,470,034

Technical Sentiment Signal: Buy

Current Market Cap: $4.2B

For an in-depth examination of GMS stock, go to TipRanks’ Overview page.

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