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Core & Main (CNM)
NYSE:CNM
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CNM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$37.22 - $62.15
Previous Close$50.54
Volume10.22M
Average Volume (3M)2.50M
Market Cap
$9.96B
Enterprise Value$12.66B
Total Cash (Recent Filing)$10.00M
Total Debt (Recent Filing)$2.63B
Price to Earnings (P/E)23.8
Beta1.72
Next Earnings
Mar 19, 2025EPS Estimate
$0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.12
Shares Outstanding198,673,143
10 Day Avg. Volume6,737,048
30 Day Avg. Volume2,499,063
Standard Deviation0.10
R-Squared0.29
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)6.01
Price to Sales (P/S)1.39
Price to Cash Flow (P/CF)N/A
P/FCF Ratio97.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.76
Enterprise Value/Gross Profit6.96
Enterprise Value/Ebitda15.07
Forecast
1Y Price Target
$60.63Price Target Upside19.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Core & Main News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMargins have improved, with evidence suggesting they bottomed in Q2, supported by self-help initiatives.
Market PositionCNM is a leading waterworks distributor in a highly fragmented market, with significant potential for long-term consolidation.
Shareholder ReturnsThe company has demonstrated commitment to shareholder returns with a $100 million share repurchase in Q3.
Bears Say
End Market PerformanceFire protection end market volumes were negative with continued price pressure.
Financial GuidanceCNM reported soft 2QF24 results and lowered full-year guidance.
Sales PerformanceSales disappointed (-6% vs. estimate; organic -3% y/y) amid rainy weather pushing out projects and weaker-than-expected market volumes.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CNM FAQ
What was Core & Main’s price range in the past 12 months?
Core & Main lowest stock price was $37.22 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 Mar 19, 2025 which is in 88 days.
How were Core & Main’s earnings last quarter?
Core & Main released its earnings results on Dec 03, 2024. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.655 by $0.035.
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 $0.37.
How many shares outstanding does Core & Main have?
Core & Main has 190,189,440 shares outstanding.
What happened to Core & Main’s price movement after its last earnings report?
Core & Main reported an EPS of $0.69 in its last earnings report, beating expectations of $0.655. Following the earnings report the stock price went up 15.51%.
Which hedge fund is a major shareholder of Core & Main?
Among the largest hedge funds holding Core & Main’s share is Spruce House Investment Management Llc. It holds Core & Main’s shares valued at 67M.
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Core & Main Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$60.63 (19.96% Upside)
$60.63 (19.96% Upside)
Blogger Sentiment
Bullish
CNM Sentiment 83%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 188.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 12.1%
Last 30 Days ▲ 12.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.91%
12-Months-Change
Fundamentals
Return on Equity
23.84%
Trailing 12-Months
Asset Growth
22.66%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. Core & Main highlighted strong sales, successful acquisitions, and robust cash flow generation, indicating positive business momentum. However, challenges such as declining gross margins, decreased net income, and increased expenses due to cost inflation and interest rates were also noted. The company is focused on capital deployment and acquisition strategies to drive future growth.Read More>---
CNM Stock 12 Month Forecast
Average Price Target
$60.63
▲(19.96% Upside)
Technical Analysis
Best Analysts Covering CNM
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+39.22%
reiterated a buy rating 18 days ago
Copying Jeffrey Stevenson's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +39.22% per trade.
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