GMS Trading Volume Surges 91% to Rank 345th as Home Depot Acquires for $4.3 Billion

On July 11, 2025, GMS's trading volume reached 2.76 billion, marking a 91.01% increase from the previous day. This surge placed GMS at the 345th position in terms of trading volume for the day. The stock price of GMS rose by 0.01%.

Home Depot has announced a significant acquisition, purchasing GMS, a specialty building products distributor, for approximately $4.3 billion. This deal is part of Home Depot's strategy to strengthen its position in the building products market and attract more professional contractors.

GMS operates a network of distribution centers across the United States and Canada, offering a range of construction products including wallboard, ceilings, and steel framing. The company's revenue for 2025 was $5.51 billion, a slight increase from the previous year, while earnings decreased to $115.47 million.

Home Depot's acquisition of GMS is seen as a strategic move to expand its reach in the professional contractor segment. The deal, valued at $4.3 billion, includes the acquisition of all outstanding shares of GMS common stock for $110 per share. This acquisition is expected to enhance Home Depot's offerings in the building products sector, particularly in areas such as drywall and steel frame products.

Analysts have expressed mixed sentiments about the acquisition. While some view it as a positive move that could stabilize GMS's financial performance, others are cautious due to ongoing challenges in the end-market. The average rating for GMS stock is "Hold," with a 12-month price target of $105.71, indicating a potential downside of 3.36% from the current price.