Howard Goforth - GMS CFO, Vice President Treasurer

GMS Stock  USD 92.89  0.04  0.04%   

President

Mr. Howard Douglas Goforth is no longer Chief Financial Officer, Vice President, Treasurer of the Company effective December 31, 2018. Prior to joining us, Mr. Goforth served as a Senior Vice President, Chief Financial Officer and Treasurer at BlueLinx Holdings Inc., or BlueLinx, from February 2008 until June 2014. From November 2006 until February 2008, Mr. Goforth served as Vice President and Corporationrationrate Controller for Armor Holdings Inc., which was acquired by BAE Systems in July 2007. Previously he served as Corporationrationrate Controller for BlueLinx from May 2004 until October 2006, where he played a key role in BlueLinx initial public offering. From 2002 until 2004 he served as Controller for BlueLinx . Mr. Goforth has over 25 years of combined accounting, finance, treasury, acquisition and management experience with leading distribution and manufacturing companies including Mitsubishi Wireless Communications, Inc., Yamaha Motor Manufacturing, Inc. and IngersollRand since 2014.
Age 54
Tenure 10 years
Phone800 392 4619
Webhttps://www.gms.com
Goforth is a North Carolina State Board Certified Public Accountant and earned a B.S. in Accounting from Mars Hill College in North Carolina.

GMS Management Efficiency

The company has Return on Asset of 0.0884 % which means that on every $100 spent on assets, it made $0.0884 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2229 %, implying that it generated $0.2229 on every 100 dollars invested. GMS's management efficiency ratios could be used to measure how well GMS manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.29 B in debt with debt to equity (D/E) ratio of 1.23, which is OK given its current industry classification. GMS Inc has a current ratio of 2.25, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist GMS until it has trouble settling it off, either with new capital or with free cash flow. So, GMS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GMS Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GMS to invest in growth at high rates of return. When we think about GMS's use of debt, we should always consider it together with cash and equity.

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GMS Inc. distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia. Gms operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 5475 people. GMS Inc (GMS) is traded on New York Stock Exchange in USA. It is located in 100 Crescent Centre Parkway, Tucker, GA, United States, 30084 and employs 7,007 people. GMS is listed under Wholesale category by Fama And French industry classification.

Management Performance

GMS Inc Leadership Team

Elected by the shareholders, the GMS's board of directors comprises two types of representatives: GMS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GMS. The board's role is to monitor GMS's management team and ensure that shareholders' interests are well served. GMS's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GMS's outside directors are responsible for providing unbiased perspectives on the board's policies.
Douglas Goforth, CFO, Vice President Treasurer
William Bell, Chief Accounting Officer
Craig Apolinsky, Vice President General Counsel, Corporate Secretary
Michelle Leader, Marketing Director
Justin Chapelle, Director
Richard Adams, Chief Accounting Officer, Vice President
Leigh Dobbs, Senior Officer
G Callahan, President CEO, Director
Scott Deakin, Chief Financial Officer, Principal Accounting Officer, Vice President
Michael Callahan, President CEO, Director
John Gavin, Independent Non-Executive Chairman of the Board
J Sharpe, Director
Ronald Ross, Independent Director
John Turner, President, Chief Executive Officer, Director
Lynn Ross, Interim Chief Financial Officer, Chief Accounting Officer, Controller
George Hendren, Senior COO
Carey Phelp, Vice Relations
Louis Sharpe, Director
David Smith, Independent Director
John Brown, CFO
J Smith, Independent Director
Mitchell Lewis, Independent Director
Eric Sundby, Chief VP
H Goforth, CFO, Vice President Treasurer
Lisa Bachmann, Independent Director
Theron Gilliam, Independent Director
Leslie Kratcoski, Vice President of Investor Relations
Howard Goforth, CFO, Vice President Treasurer
Teri McClure, Independent Director
Randolph Melville, Independent Director
Travis Hendren, Chief Officer
Peter Browning, Independent Director
Brian Hoesterey, Director
Richard Mueller, Chairman of the Board
Don Taylor, Vice Region

GMS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is GMS a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GMS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GMS's short interest history, or implied volatility extrapolated from GMS options trading.

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When determining whether GMS Inc is a strong investment it is important to analyze GMS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GMS's future performance. For an informed investment choice regarding GMS Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running GMS's price analysis, check to measure GMS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GMS is operating at the current time. Most of GMS's value examination focuses on studying past and present price action to predict the probability of GMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMS's price. Additionally, you may evaluate how the addition of GMS to your portfolios can decrease your overall portfolio volatility.
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Is GMS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GMS. If investors know GMS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GMS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of GMS Inc is measured differently than its book value, which is the value of GMS that is recorded on the company's balance sheet. Investors also form their own opinion of GMS's value that differs from its market value or its book value, called intrinsic value, which is GMS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GMS's market value can be influenced by many factors that don't directly affect GMS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GMS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.