Commercial Metals Acquires Concrete Pipe & Precast

Commercial Metals Company ( (CMC) ) just unveiled an update.

On September 17, 2025, Commercial Metals Company announced its agreement to acquire Concrete Pipe & Precast, LLC for $675 million, aiming to expand its commercial portfolio in early-stage construction solutions. This acquisition is expected to enhance CMC’s financial profile, being immediately accretive to earnings per share and free cash flow per share, while establishing a scalable growth platform in the precast concrete industry, which is projected to outpace the broader concrete sector.

The most recent analyst rating on (CMC) stock is a Hold with a $60.00 price target. To see the full list of analyst forecasts on Commercial Metals Company stock, see the CMC Stock Forecast page.

Spark’s Take on CMC Stock

According to Spark, TipRanks’ AI Analyst, CMC is a Outperform.

Commercial Metals Company has a moderate overall stock score driven by strong technical momentum and a solid balance sheet. However, the high P/E ratio suggests overvaluation, and declining revenue and profitability margins pose risks. The earnings call and corporate events provide a mixed but generally positive outlook, with strategic initiatives potentially enhancing future performance.

To see Spark’s full report on CMC stock, click here.

More about Commercial Metals Company

Commercial Metals Company (CMC) is an innovative solutions provider in the construction sector, offering products and technologies for infrastructure, non-residential, residential, industrial, and energy generation and transmission applications. With a manufacturing network primarily in the United States and Central Europe, CMC focuses on supporting early-stage construction needs globally.

Average Trading Volume: 979,605

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.55B

For an in-depth examination of CMC stock, go to TipRanks’ Overview page.