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NYSE:CNM

Core & Main (CNM) Stock Price, News & Analysis

$38.05
+0.05 (+0.13%)
(As of 09/6/2024 ET)
Today's Range
$37.80
$39.27
50-Day Range
$37.99
$54.21
52-Week Range
$27.75
$62.15
Volume
7.91 million shs
Average Volume
2.58 million shs
Market Capitalization
$7.67 billion
P/E Ratio
17.78
Dividend Yield
N/A
Price Target
$49.30

Core & Main MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
29.6% Upside
$49.30 Price Target
Short Interest
Bearish
4.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.13mentions of Core & Main in the last 14 days
Based on 49 Articles This Week
Insider Trading
Selling Shares
$662,752 Sold Last Quarter
Proj. Earnings Growth
11.64%
From $2.32 to $2.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.69 out of 5 stars

Business Services Sector

81st out of 303 stocks

Durable Goods, Not Elsewhere Classified Industry

1st out of 1 stocks

CNM stock logo

About Core & Main Stock (NYSE:CNM)

Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products portfolio include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection pipes, and sprinkler heads and devices, as well as fabrication services; and meter products, such as smart meter products, meter sets, meter accessories, installation, software, and other services. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water, wastewater, storm drainage, and fire protection infrastructure. Core & Main, Inc. was founded in 1874 and is headquartered in Saint Louis, Missouri.

CNM Stock Price History

CNM Stock News Headlines

Core & Main (NYSE:CNM) PT Lowered to $34.00
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Core & Main (NYSE:CNM) PT Lowered to $52.00
Royal Bank of Canada Lowers Core & Main (NYSE:CNM) Price Target to $53.00
Why Investors Bailed on Core & Main Stock This Week
Core & Main Q2 Performance Analysis and Neutral Outlook Amid Market Challenges
Core & Main (CNM) Receives a Rating Update from a Top Analyst
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Core & Main (CNM) Receives a Buy from RBC Capital
Core & Main (NYSE:CNM) Given New $53.00 Price Target at Robert W. Baird
Core & Main (NYSE:CNM) Price Target Cut to $57.00 by Analysts at Barclays
Core & Main Target of Unusually High Options Trading (NYSE:CNM)
Core & Main, Inc. (CNM) Q2 2024 Earnings Call Transcript
Why Core & Main (CNM) Stock Is Trading Lower Today
Core & Main (NYSE:CNM) Shares Gap Down After Analyst Downgrade
See More Headlines
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Company Calendar

Last Earnings
9/04/2024
Today
9/07/2024
Next Earnings (Estimated)
12/03/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Durable goods, not elsewhere classified
Sub-Industry
Wholesale
Fax
N/A
Employees
5,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$49.30
High Stock Price Target
$64.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+29.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$371 million
Pretax Margin
9.16%

Debt

Sales & Book Value

Annual Sales
$6.97 billion
Cash Flow
$2.07 per share
Book Value
$7.57 per share

Miscellaneous

Free Float
194,428,000
Market Cap
$7.67 billion
Optionable
Optionable
Beta
1.04
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CNM Stock Analysis - Frequently Asked Questions

How have CNM shares performed this year?

Core & Main's stock was trading at $40.41 on January 1st, 2024. Since then, CNM stock has decreased by 5.8% and is now trading at $38.05.
View the best growth stocks for 2024 here
.

How were Core & Main's earnings last quarter?

Core & Main, Inc. (NYSE:CNM) issued its earnings results on Wednesday, September, 4th. The company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.74 by $0.13. The firm's revenue for the quarter was up 5.5% on a year-over-year basis.

When did Core & Main IPO?

Core & Main (CNM) raised $750 million in an initial public offering on Friday, July 23rd 2021. The company issued 34,883,721 shares at a price of $20.00-$23.00 per share.

Who are Core & Main's major shareholders?

Top institutional shareholders of Core & Main include Select Equity Group L.P. (7.66%), Pacer Advisors Inc. (2.09%), Anomaly Capital Management LP (1.79%) and Samlyn Capital LLC (1.53%). Insiders that own company stock include Stephen O Leclair, Mark R Witkowski, John R Schaller, Bradford A Cowles, Mark G Whittenburg, James G Castellano, Laura K Schneider, Orvin T Kimbrough, Jeffrey D Giles, John Weldon Stephens and Cd&R Investment Associates X,.
View institutional ownership trends
.

How do I buy shares of Core & Main?

Shares of CNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CNM) was last updated on 9/7/2024 by MarketBeat.com Staff

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