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

$34.49
+0.40 (+1.17%)
(As of 04:30 PM ET)
Compare
Today's Range
$34.08
$34.74
50-Day Range
$27.96
$35.03
52-Week Range
$18.75
$35.19
Volume
1.67 million shs
Average Volume
1.44 million shs
Market Capitalization
$7.80 billion
P/E Ratio
16.27
Dividend Yield
N/A
Price Target
$36.91

Core & Main MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
6.9% Upside
$36.91 Price Target
Short Interest
Bearish
10.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.18mentions of Core & Main in the last 14 days
Based on 9 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.

1.79 out of 5 stars

Business Services Sector

255th out of 304 stocks

Durable Goods, Not Elsewhere Classified Industry

2nd 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

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Core & Main Completes Acquisition of Enviroscape
4 Analysts Have This to Say About Core & Main
Core & Main (CNM) Set to Announce Quarterly Earnings on Tuesday
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Core & Main to Announce Fiscal 2023 Third Quarter Results
Core & Main, Inc. (NYSE:CNM) VP Sells $419,500.00 in Stock
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
11/29/2023
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
+6.9%
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
$2.06 per share
Book Value
$9.80 per share

Miscellaneous

Free Float
218,327,000
Market Cap
$7.81 billion
Optionable
Not Optionable
Beta
0.95
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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 Wall Street analysts have issued 12-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 stock price to reach $36.91 in the next twelve months. This suggests a possible upside of 6.9% 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 beginning of 2023. Since then, CNM stock has increased by 78.8% and is now trading at $34.52.
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 volume of 2,520,000 shares, the short-interest ratio is currently 5.4 days. Currently, 10.7% of the shares of the stock are short sold.
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) posted its earnings results on Wednesday, September, 6th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.67 by $0.01. The company earned $1.86 billion during the quarter, compared to the consensus estimate of $1.86 billion. Core & Main had a trailing twelve-month return on equity of 15.75% and a net margin of 5.45%. The business's revenue for the quarter was up .0% on a year-over-year basis. During the same period last year, the company earned $0.89 EPS.

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

Core & Main updated 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 on Friday, July 23rd 2021. The company issued 34,883,721 shares at $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 11/29/2023 by MarketBeat.com Staff

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