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Commercial Metals Company (CMC)
NYSE:CMC
Commercial Metals Company (CMC) Stock Price & Analysis
516 Followers
CMC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$39.31 - $59.43
Previous Close$57.6
Volume861.60K
Average Volume (3M)790.30K
Market Cap
$6.62B
Enterprise Value$7.13B
Total Cash (Recent Filing)$698.34M
Total Debt (Recent Filing)$1.20B
Price to Earnings (P/E)12.0
Beta1.13
Next Earnings
Oct 10, 2024EPS Estimate
$1.08Last Dividend Ex-Date
Jul 01, 2024Dividend Yield1.15%
Share Statistics
EPS (TTM)4.80
Shares Outstanding115,708,291
10 Day Avg. Volume1,059,281
30 Day Avg. Volume790,301
Standard Deviation0.11
R-Squared0.35
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.75
Price to Sales (P/S)2.85
Price to Cash Flow (P/CF)17.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.88
Enterprise Value/Gross Profit3.93
Enterprise Value/Ebitda-2.49
Forecast
1Y Price Target
$63.25Price Target Upside9.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Commercial Metals Company News
PremiumCompany Announcements
Commercial Metals Company Unveils Q3 Fiscal 2024 Financials
PremiumPress Releases
CMC REPORTS THIRD QUARTER FISCAL 2024 RESULTSOwnership Overview
8.12% Insiders
40.92% Mutual Funds
31.78% Other Institutional Investors
19.18% 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 $39.31 and its highest was $59.43 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 Oct 10, 2024 which is in 80 days.
How were Commercial Metals Company’s earnings last quarter?
Commercial Metals Company released its earnings results on Jun 20, 2024. The company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $1.018 by $0.002.
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 1.15%. See more information on Commercial Metals Company dividends here
What is Commercial Metals Company’s EPS estimate?
Commercial Metals Company’s EPS estimate is $1.08.
How many shares outstanding does Commercial Metals Company have?
Commercial Metals Company has 114,992,420 shares outstanding.
What happened to Commercial Metals Company’s price movement after its last earnings report?
Commercial Metals Company reported an EPS of $1.02 in its last earnings report, beating expectations of $1.018. Following the earnings report the stock price went up 3.816%.
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 21M.
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Commercial Metals Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$63.25 (9.81% Upside)
$63.25 (9.81% Upside)
Blogger Sentiment
Bullish
CMC Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 94.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.1%
Last 30 Days ▲ 7.0%
Last 30 Days ▲ 7.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.03%
12-Months-Change
Fundamentals
Return on Equity
13.66%
Trailing 12-Months
Asset Growth
2.90%
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
Q3 2024
0:00 / 0:00
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CMC Stock 12 Month Forecast
Average Price Target
$63.25
▲(9.81% Upside)
Technical Analysis
Best Analysts Covering CMC
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+33.98%
reiterated a buy rating last month
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 +33.98% per trade.
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