Core & Main, Inc. Class A (CNM)
NYSE:CNM
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CNM Stock Chart & Stats
$50.79
-$0.35(-0.69%)
At close: 4:00 PM EST
$50.79
-$0.35(-0.69%)
Day’s Range― - ―
52-Week Range$43.96 - $67.18
Previous CloseN/A
Volume302.26K
Average Volume (3M)2.56M
Market Cap
$9.40B
Enterprise Value$10.99B
Total Cash (Recent Filing)$150.00M
Total Debt (Recent Filing)$2.44B
Price to Earnings (P/E)20.4
Beta1.15
Next Earnings
Sep 09, 2026EPS Estimate
0.77Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.38
Shares Outstanding187,192,830
10 Day Avg. Volume3,593,515
30 Day Avg. Volume2,555,744
Financial Highlights & Ratios
PEG Ratio2.80
Price to Book (P/B)5.20
Price to Sales (P/S)1.36
P/FCF Ratio17.19
Enterprise Value/Market Cap1.17
Enterprise Value/Revenue1.44
Enterprise Value/Gross Profit5.31
Enterprise Value/Ebitda11.64
Forecast
1Y Price Target
$58.57Price Target Upside15.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)2.54
Revenue Forecast (FY)$7.85B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationCore & Main's trailing‑twelve‑month free cash flow near $608M and roughly 0.93x net income signals durable cash conversion. Strong FCF supports sustained buybacks, bolt‑on M&A and reinvestment in branches, providing financial optionality even if revenue growth moderates.
Margin Profile And ExpansionA ~27% gross margin with ongoing improvement (private label, sourcing optimization) and EBITDA margin near 12% provide durable earnings power for a distributor. Structural margin initiatives and pricing discipline make profitability less dependent on short‑term volume swings.
Secular End‑market Growth & Network ExpansionDouble‑digit secular growth in smart utility and treatment plants, plus greenfield branch openings and an active M&A pipeline, strengthen market position. Exposure to essential municipal infrastructure and turnkey capabilities supports durable, higher‑margin growth opportunities.
Bears Say
Meaningful LeverageCore & Main carries material leverage (net debt ~$2.0B, ~2.2x net leverage), which constrains balance‑sheet flexibility and raises sensitivity to higher interest rates or slower cash conversion. Leverage limits optionality for large strategic investments if demand weakens.
Softening Top‑line TrendRevenue has cooled (TTM down ~1.3%, organic volumes down ~1%), indicating normalization after prior surge. Slower volume growth reduces ability to leverage fixed costs and could compress operating leverage, making earnings more dependent on margin initiatives and cost control.
Residential Exposure And PVC DynamicsExposure to weak residential lot development and lower PVC pricing creates durable revenue and mix risk. Commodity and end‑market softness can produce lumpy demand and limit pass‑through pricing, pressuring near‑to‑medium term sales and margin realization.
Core & Main News
CNM FAQ
What was Core & Main, Inc. Class A’s price range in the past 12 months?
Core & Main, Inc. Class A lowest stock price was $43.96 and its highest was $67.18 in the past 12 months.
What is Core & Main, Inc. Class A’s market cap?
Core & Main, Inc. Class A’s market cap is $9.40B.
When is Core & Main, Inc. Class A’s upcoming earnings report date?
Core & Main, Inc. Class A’s upcoming earnings report date is Sep 09, 2026 which is in 77 days.
How were Core & Main, Inc. Class A’s earnings last quarter?
Core & Main, Inc. Class A released its earnings results on Jun 10, 2026. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.534 by $0.036.
Is Core & Main, Inc. Class A overvalued?
According to Wall Street analysts Core & Main, Inc. Class A’s price is currently Undervalued.
Does Core & Main, Inc. Class A pay dividends?
Core & Main, Inc. Class A does not currently pay dividends.
What is Core & Main, Inc. Class A’s EPS estimate?
Core & Main, Inc. Class A’s EPS estimate is 0.77.
How many shares outstanding does Core & Main, Inc. Class A have?
Core & Main, Inc. Class A has 187,192,830 shares outstanding.
What happened to Core & Main, Inc. Class A’s price movement after its last earnings report?
Core & Main, Inc. Class A reported an EPS of $0.57 in its last earnings report, beating expectations of $0.534. Following the earnings report the stock price went down -6.097%.
Which hedge fund is a major shareholder of Core & Main, Inc. Class A?
Currently, no hedge funds are holding shares in CNM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Core & Main Stock Smart Score
Underperform
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$58.57 (15.32% Upside)
$58.57 (15.32% Upside)
Blogger Sentiment
Neutral
CNM Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 3.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $100.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.38%
12-Months-Change
Fundamentals
Return on Equity
22.73%
Trailing 12-Months
Asset Growth
0.73%
Trailing 12-Months
Company Description
Core & Main, Inc. Class A
Core & Main, Inc. (CNM) is a leading supplier of vital infrastructure products and services across the United States. The company specializes in providing comprehensive solutions for water, wastewater, storm drainage, and fire protection systems. Their diverse clientele includes local governments (municipalities), privately owned water utilities, and a wide array of professional contractors working on projects in the residential, non-residential (commercial), and public sectors. Core & Main's extensive product range features essential components such as pipes, valves, hydrants, and fittings. For storm drainage needs, they offer systems including corrugated piping, retention basins, inline drains, manholes, grates, and geosynthetics. Their fire protection inventory covers crucial items like fire protection pipes, sprinkler heads, complete fire suppression systems, related accessories, and specialized fabrication services. Additionally, they provide advanced metering products, including smart meter technology, alongside installation services and software solutions. These specialized materials and services are integral to the construction, maintenance, repair, and replacement of critical water and fire protection infrastructure. Established in 1874, Core & Main is headquartered in St. Louis, Missouri.
CNM Company Deck
CNM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a fundamentally positive picture driven by municipal strength, margin improvement, robust cash generation, active share repurchases, accelerating secular growth in smart utility and treatment plant solutions, and an improving M&A pipeline. Offsetting items include soft residential demand, modest organic volume declines, PVC-related headwinds, and some near-term timing and macro uncertainty. On balance, the highlights (margin expansion, cash returns, strategic growth initiatives and reaffirmed guidance) outweigh the lowlights.View all CNM earnings summariesCNM Stock 12 Month Forecast
Average Price Target
$58.57
▲(15.32% Upside)
Technical Analysis
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Ownership Overview
0.17% Insiders
23.34% Mutual Funds
36.15% Other Institutional Investors
13.38% Public Companies and
Individual Investors