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Commercial Metals Company (CMC)
NYSE:CMC
Holding CMC?
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CMC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$47.42 - $64.53
Previous Close$49.78
Volume353.09K
Average Volume (3M)912.75K
Market Cap
$5.81B
Enterprise Value$6.01B
Total Cash (Recent Filing)$857.92M
Total Debt (Recent Filing)$1.19B
Price to Earnings (P/E)12.0
Beta1.46
Next Earnings
Jan 06, 2025EPS Estimate
$0.81Last Dividend Ex-Date
Oct 31, 2024Dividend Yield1.39%
Share Statistics
EPS (TTM)4.14
Shares Outstanding113,909,587
10 Day Avg. Volume1,442,516
30 Day Avg. Volume912,748
Standard Deviation0.11
R-Squared0.33
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)1.32
Price to Sales (P/S)0.72
Price to Cash Flow (P/CF)4.10
P/FCF Ratio5.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.76
Enterprise Value/Gross Profit0.76
Enterprise Value/Ebitda6.23
Forecast
1Y Price Target
$65.33Price Target Upside28.12% Upside
Rating ConsensusHold
Number of Analyst Covering5
Commercial Metals Company News
PremiumCompany Announcements
Commercial Metals Faces $110M Verdict, Plans Appeal
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
38.88% Mutual Funds
14.05% Other Institutional Investors
13.39% 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 $47.42 and its highest was $64.53 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 06, 2025 which is in 12 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 1.39%. 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 114,024,185 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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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
Earnings Call Sentiment|Neutral
The earnings call highlighted strong safety and financial performance for the year, strategic growth projects, and increased shareholder returns. However, it also noted significant challenges, including a decline in EBITDA, market difficulties in North America and Europe, and macroeconomic uncertainties affecting demand.Read More>---
CMC Stock 12 Month Forecast
Average Price Target
$65.33
▲(28.12% Upside)
Technical Analysis
Best Analysts Covering CMC
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+31.57%
reiterated a buy rating 6 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 +31.57% per trade.
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