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2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio

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

$36.09
+0.09 (+0.25%)
(As of 12/4/2023 ET)
Compare
Today's Range
$35.55
$36.29
50-Day Range
$28.27
$36.09
52-Week Range
$18.75
$36.29
Volume
2.82 million shs
Average Volume
1.45 million shs
Market Capitalization
$8.16 billion
P/E Ratio
17.02
Dividend Yield
N/A
Price Target
$36.91

Core & Main MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
2.3% Upside
$36.91 Price Target
Short Interest
Bearish
10.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.67mentions of Core & Main in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$1.38 B Sold Last Quarter
Proj. Earnings Growth
24.87%
From $1.97 to $2.46 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Business Services Sector

203rd out of 301 stocks

Durable Goods, Not Elsewhere Classified Industry

1st out of 2 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 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 St. Louis, Missouri.

CNM Stock Price History

CNM Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Core & Main Completes Acquisition of Enviroscape
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
4 Analysts Have This to Say About Core & Main
Core & Main (CNM) Set to Announce Quarterly Earnings on Tuesday
Core & Main to Announce Fiscal 2023 Third Quarter Results
Core & Main 10% Owner Trades Company's Stock
Why Core & Main (CNM) Could Beat Earnings Estimates Again
Core & Main Added to the S&P MidCap 400® Index
Truist Financial Keeps Their Hold Rating on Core & Main (CNM)
See More Headlines
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Company Calendar

Last Earnings
9/06/2023
Today
12/04/2023
Next Earnings (Confirmed)
12/05/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Durable goods, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
4,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$36.91
High Stock Price Target
$44.00
Low Stock Price Target
$29.00
Potential Upside/Downside
+2.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$366 million
Pretax Margin
10.41%

Debt

Sales & Book Value

Annual Sales
$6.65 billion
Cash Flow
$2.09 per share
Book Value
$9.80 per share

Miscellaneous

Free Float
218,327,000
Market Cap
$8.16 billion
Optionable
Not Optionable
Beta
1.02
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CNM Stock Analysis - Frequently Asked Questions

Should I buy or sell Core & Main stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Core & Main in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CNM shares.
View CNM analyst ratings
or view top-rated stocks.

What is Core & Main's stock price target for 2024?

10 equities research analysts have issued twelve-month price objectives for Core & Main's stock. Their CNM share price targets range from $29.00 to $44.00. On average, they anticipate the company's share price to reach $36.91 in the next year. This suggests a possible upside of 2.3% from the stock's current price.
View analysts price targets for CNM
or view top-rated stocks among Wall Street analysts.

How have CNM shares performed in 2023?

Core & Main's stock was trading at $19.31 at the start of the year. Since then, CNM shares have increased by 86.9% and is now trading at $36.09.
View the best growth stocks for 2023 here
.

Are investors shorting Core & Main?

Core & Main saw a increase in short interest in November. As of November 15th, there was short interest totaling 13,530,000 shares, an increase of 35.0% from the October 31st total of 10,020,000 shares. Based on an average daily trading volume, of 2,520,000 shares, the short-interest ratio is presently 5.4 days. Approximately 10.7% of the shares of the stock are sold short.
View Core & Main's Short Interest
.

When is Core & Main's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our CNM earnings forecast
.

How can I listen to Core & Main's earnings call?

Core & Main will be holding an earnings conference call on Tuesday, December 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Core & Main's earnings last quarter?

Core & Main, Inc. (NYSE:CNM) issued its quarterly earnings results on Wednesday, September, 6th. The company reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by $0.01. The company had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.86 billion. Core & Main had a net margin of 5.45% and a trailing twelve-month return on equity of 15.75%. The business's quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the business posted $0.89 EPS.

What guidance has Core & Main issued on next quarter's earnings?

Core & Main issued an update on its third quarter 2023 earnings guidance on Monday, November, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.82 billion-$1.83 billion, compared to the consensus revenue estimate of $1.84 billion.

When did Core & Main IPO?

(CNM) raised $750 million in an initial public offering (IPO) 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?

Core & Main's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Clayton Dubilier & Rice LLC (43.80%), FMR LLC (3.48%), Victory Capital Management Inc. (2.12%), Morgan Stanley (1.87%), Robeco Schweiz AG (1.29%) and Invesco Ltd. (1.10%). Insiders that own company stock include Bradford A Cowles, Cd&R Investment Associates X,, James G Castellano, Jeffrey D Giles, John R Schaller, John Weldon Stephens, Laura K Schneider, Mark G Whittenburg, Mark R Witkowski, Orvin T Kimbrough and Stephen O Leclair.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CNM) was last updated on 12/5/2023 by MarketBeat.com Staff

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