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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$27.75 - $62.15
Previous Close$43.18
Volume3.30M
Average Volume (3M)2.58M
Market Cap
$8.68B
Enterprise Value$11.38B
Total Cash (Recent Filing)$13.00M
Total Debt (Recent Filing)$2.63B
Price to Earnings (P/E)20.7
Beta1.46
Next Earnings
Dec 03, 2024EPS Estimate
$0.66Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.09
Shares Outstanding201,130,932
10 Day Avg. Volume5,168,158
30 Day Avg. Volume2,584,934
Standard Deviation0.10
R-Squared0.30
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)5.23
Price to Sales (P/S)1.19
Price to Cash Flow (P/CF)42.80
P/FCF Ratio31.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.63
Enterprise Value/Gross Profit6.26
Enterprise Value/Ebitda18.45
Forecast
1Y Price Target
$48.43Price Target Upside12.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Core & Main News
Bulls Say, Bears Say
Bulls Say
Financial GuidanceThe company maintained the high end of its revenue and EBITDA guide while raising the low-end.
Revenue And EBITDA1QF24 revenue and adj. EBITDA came in above consensus.
Stock PotentialThis represents an attractive entry point into a stock that could reach $100+ within the next three years.
Bears Say
Financial PerformanceCNM reported soft 2QF24 results and lowered full-year guidance.
Market ConditionsThe near-term setup could remain challenging given soft end markets and lingering PVC price concerns following a recently filed lawsuit.
RevenueManagement lowered FY24 revenue guidance by $200mn (or 3%) to $7.3-7.4bn and adj. EBITDA by ~$40mn (or 4%) to $900-930mn from $935-975mn prior.
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Ownership Overview
0.15% Insiders
31.05% Mutual Funds
63.23% Other Institutional Investors
5.56% 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 Dec 03, 2024 which is in 75 days.
How were Core & Main’s earnings last quarter?
Core & Main released its earnings results on Sep 04, 2024. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.722 by -$0.112.
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 $0.66.
How many shares outstanding does Core & Main have?
Core & Main has 192,647,220 shares outstanding.
What happened to Core & Main’s price movement after its last earnings report?
Core & Main reported an EPS of $0.61 in its last earnings report, missing expectations of $0.722. Following the earnings report the stock price went down -15.812%.
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 66M.
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Core & Main Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$48.43 (12.16% Upside)
$48.43 (12.16% Upside)
Blogger Sentiment
Bullish
CNM Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.8%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
51.50%
12-Months-Change
Fundamentals
Return on Equity
23.30%
Trailing 12-Months
Asset Growth
21.02%
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
Q2 2024
0:00 / 0:00
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CNM Stock 12 Month Forecast
Average Price Target
$48.43
▲(12.16% Upside)
Technical Analysis
Best Analysts Covering CNM
1 Year
1 Year Success Rate
12/16 ratings generated profit
1 Year Average Return
+33.42%
reiterated a buy rating 16 days ago
Copying Michael Dahl's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +33.42% per trade.
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