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Core & Main (CNM)
NYSE:CNM
Core & Main (CNM) Stock Price & Analysis
122 Followers
CNM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.75 - $62.15
Previous Close$51.47
Volume343.30K
Average Volume (3M)2.07M
Market Cap
$10.51B
Enterprise Value$13.04B
Total Cash (Recent Filing)$30.00M
Total Debt (Recent Filing)$2.63B
Price to Earnings (P/E)24.2
Beta1.24
Next Earnings
Sep 04, 2024EPS Estimate
$0.75Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.13
Shares Outstanding201,459,223
10 Day Avg. Volume2,661,599
30 Day Avg. Volume2,071,787
Standard Deviation0.09
R-Squared0.40
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-8.33
Price to Sales (P/S)5.71
Price to Cash Flow (P/CF)33.30
P/FCF Ratio27.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.90
Enterprise Value/Gross Profit7.17
Enterprise Value/Ebitda20.77
Forecast
1Y Price Target
$56.00Price Target Upside7.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Core & Main News
Bulls Say, Bears Say
Bulls Say
Financial Performance1QF24 revenue and adj. EBITDA came in above consensus.
Growth OpportunitiesCompleted M&A YTD is expected to contribute an additional +7-8% to the top line, at EBITDA margins roughly in-line with the company average.
OutlookThe company maintained the high end of its revenue and EBITDA guide while raising the low-end.
Bears Say
Competitive PressuresAn uptick in competitive pressures and slightly deflationary pricing is expected to negatively impact gross margins sequentially.
Gross MarginsGross margins are expected to decline due to higher average inventory costs in 2024 compared to 2023.
PricingManagement has lowered price guidance for FY ’24, anticipating slight deflation and increased competitive pressure.
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Ownership Overview
0.15% Insiders
28.95% Mutual Funds
29.90% Other Institutional Investors
41.01% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CNM FAQ
What was Core & Main’s price range in the past 12 months?
Core & Main lowest stock price was $27.75 and its highest was $62.15 in the past 12 months.
What is Core & Main’s market cap?
Currently, no data Available
When is Core & Main’s upcoming earnings report date?
Core & Main’s upcoming earnings report date is Sep 04, 2024 which is in 44 days.
How were Core & Main’s earnings last quarter?
Core & Main released its earnings results on Jun 04, 2024. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.517 by -$0.027.
Is Core & Main overvalued?
According to Wall Street analysts Core & Main’s price is currently Undervalued.
Does Core & Main pay dividends?
Core & Main does not currently pay dividends.
What is Core & Main’s EPS estimate?
Core & Main’s EPS estimate is $0.75.
How many shares outstanding does Core & Main have?
Core & Main has 192,918,660 shares outstanding.
What happened to Core & Main’s price movement after its last earnings report?
Core & Main reported an EPS of $0.49 in its last earnings report, missing expectations of $0.517. Following the earnings report the stock price went down -14.459%.
Which hedge fund is a major shareholder of Core & Main?
Among the largest hedge funds holding Core & Main’s share is ACK Asset Management LLC. It holds Core & Main’s shares valued at 77M.
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Core & Main Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$56.00 (7.32% Upside)
$56.00 (7.32% Upside)
Blogger Sentiment
Bullish
CNM Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 48.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.4%
Last 30 Days ▼ 9.4%
Last 30 Days ▼ 9.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
63.08%
12-Months-Change
Fundamentals
Return on Equity
23.76%
Trailing 12-Months
Asset Growth
22.56%
Trailing 12-Months
Company Description
Core & Main
Core & Main LP Core & Main is a distributor of water, sewer, storm drain, and fire protection products in the United States. It combines local expertise with a national supply chain to provide contractors and municipalities solutions for new construction and aging infrastructure.
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CNM Company Deck
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CNM Earnings Call
Q1 2024
0:00 / 0:00
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CNM Stock 12 Month Forecast
Average Price Target
$56.00
▲(7.32% Upside)
Technical Analysis
Best Analysts Covering CNM
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+52.69%
reiterated a buy rating 2 months ago
Copying Jeffrey Stevenson's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +52.69% per trade.
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