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Commercial Metals Company ( (CMC) ) has provided an update.
On November 12, 2025, Commercial Metals Company announced its intention to offer $2,000 million in senior unsecured notes to fund the acquisition of Foley Products Company, LLC. The proceeds will also cover transaction-related fees and general corporate purposes. The offering and acquisition are not contingent upon each other, but if the acquisition is not completed by October 15, 2026, the company will redeem the notes at their initial issue price plus interest. This strategic move aims to enhance the company’s market position through the acquisition, potentially impacting stakeholders by expanding its operational capabilities.
The most recent analyst rating on (CMC) stock is a Hold with a $64.00 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 Neutral.
Commercial Metals Company receives a score of 69.5, driven by strong technical indicators and positive earnings call sentiment. However, high valuation metrics and challenges in financial performance, particularly in profitability and cash flow, weigh on the overall score.
To see Spark’s full report on CMC stock, click here.
More about Commercial Metals Company
Average Trading Volume: 1,155,444
Technical Sentiment Signal: Buy
Current Market Cap: $6.63B
See more insights into CMC stock on TipRanks’ Stock Analysis page.