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Commercial Metals Company (CMC)
NYSE:CMC
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CMC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.52 - $63.41
Previous Close$61.22
Volume575.56K
Average Volume (3M)848.71K
Market Cap
$6.97B
Enterprise Value$7.48B
Total Cash (Recent Filing)$698.34M
Total Debt (Recent Filing)$1.20B
Price to Earnings (P/E)14.8
Beta1.34
Next Earnings
Jan 13, 2025EPS Estimate
$0.81Last Dividend Ex-Date
Oct 31, 2024Dividend Yield1.14%
Share Statistics
EPS (TTM)4.14
Shares Outstanding113,909,587
10 Day Avg. Volume877,539
30 Day Avg. Volume848,712
Standard Deviation0.10
R-Squared0.32
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.58
Price to Sales (P/S)0.85
Price to Cash Flow (P/CF)4.80
P/FCF Ratio6.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.92
Enterprise Value/Gross Profit4.13
Enterprise Value/Ebitda7.10
Forecast
1Y Price Target
$65.00Price Target Upside6.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Commercial Metals Company News
PremiumCompany Announcements
Commercial Metals Faces $110M Verdict, Plans Appeal
PremiumCompany Announcements
Commercial Metals Reports Strong Q4 Earnings Amid Challenges
PremiumPre-Earnings
Is CMC a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Capital ReturnsCMC increased its share repurchase authorization by $500m and has raised its per share quarterly dividend by 50% since October 2021.
Financial ValuationConsidering CMC’s high market share in the consolidated US rebar market and its discount valuation relative to its major EAF peers, analysts initiate on Commercial Metals at Buy.
Market PerformanceCMC shares have outperformed most steel mill peers due to rebar price stability and investor enthusiasm for U.S. infrastructure beneficiaries.
Bears Say
Capacity UtilizationThere is not enough demand expected for new capacity to run at full capacity.
Market OutlookA more cautious U.S. construction outlook and tougher landscape for its Polish mill have led to a downgrade of CMC to Peer Perform.
Profit MarginsMargins in Poland have been under pressure from imports.
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Ownership Overview
0.97% Insiders
39.23% Mutual Funds
13.93% Other Institutional Investors
14.02% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CMC FAQ
What was Commercial Metals Company’s price range in the past 12 months?
Commercial Metals Company lowest stock price was $43.52 and its highest was $63.41 in the past 12 months.
What is Commercial Metals Company’s market cap?
Currently, no data Available
When is Commercial Metals Company’s upcoming earnings report date?
Commercial Metals Company’s upcoming earnings report date is Jan 13, 2025 which is in 50 days.
How were Commercial Metals Company’s earnings last quarter?
Commercial Metals Company released its earnings results on Oct 17, 2024. The company reported $0.9 earnings per share for the quarter, missing the consensus estimate of $0.912 by -$0.012.
Is Commercial Metals Company overvalued?
According to Wall Street analysts Commercial Metals Company’s price is currently Undervalued.
Does Commercial Metals Company pay dividends?
Commercial Metals Company pays a Quarterly dividend of $0.18 which represents an annual dividend yield of 1.14%. See more information on Commercial Metals Company dividends here
What is Commercial Metals Company’s EPS estimate?
Commercial Metals Company’s EPS estimate is $0.81.
How many shares outstanding does Commercial Metals Company have?
Commercial Metals Company has 113,909,584 shares outstanding.
What happened to Commercial Metals Company’s price movement after its last earnings report?
Commercial Metals Company reported an EPS of $0.9 in its last earnings report, missing expectations of $0.912. Following the earnings report the stock price went up 5.104%.
Which hedge fund is a major shareholder of Commercial Metals Company?
Among the largest hedge funds holding Commercial Metals Company’s share is Royce & Associates LLC. It holds Commercial Metals Company’s shares valued at 24M.
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Commercial Metals Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$65.00 (6.17% Upside)
$65.00 (6.17% Upside)
Blogger Sentiment
Bullish
CMC Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 14.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 5.2%
Last 30 Days ▲ 5.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.72%
12-Months-Change
Fundamentals
Return on Equity
11.53%
Trailing 12-Months
Asset Growth
2.79%
Trailing 12-Months
Company Description
Commercial Metals Company
Commercial Metals Co. engages in the manufacture, recycling, and marketing of steel and metal products. It operates through the following segments: Americas Recycling, Americas Mills, Americas Fabrication, and International Mill. The Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. The Americas Mills segment manufactures finished long steel products including reinforcing bar, merchant bar, light structural and other special sections as well as semi-finished billets for re-rolling and forging applications. The Americas Fabrication segment includes rebar fabrication operations, fence post manufacturing facilities, construction-related product facilities and facilities that heat-treat steel to strengthen and provide flexibility. The International Mill segment manufactures rebar, merchant bar and wire rod as well as semi-finished billets. The company was founded by Moses Feldman in 1915 and is headquartered in Irving, TX.
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CMC Company Deck
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CMC Earnings Call
Q4 2024
0:00 / 0:00
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CMC Stock 12 Month Forecast
Average Price Target
$65.00
▲(6.17% Upside)
Technical Analysis
Best Analysts Covering CMC
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+34.75%
reiterated a buy rating 5 months ago
Copying Curt Woodworth's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +34.75% per trade.
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