Core & Main Inc. (NYSE: CNM) on January 24, 2023, started off the session at the price of $21.11, soaring 0.47% from the previous trading day. During the day, the shares moved up to $21.45 and dropped to $21.00 before settling in for the closing price of $21.08. Within the past 52 weeks, CNM’s price has moved between $18.75 and $26.63.
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The company achieved an average annual earnings per share of 365.00%. With a float of $168.10 million, this company’s outstanding shares have now reached $170.03 million.
The firm has a total of 4100 workers. Let’s measure their productivity. In terms of profitability, gross margin is +22.82, operating margin of +8.73, and the pretax margin is +5.52.
Core & Main Inc. (CNM) Breakdown of a Key Holders of the stock
Observing investor behavior towards Industrial Distribution industry stocks is more important than anything else. The most recent insider transaction that took place on Sep 19, was worth 258,874,000. In this transaction 10% Owner of this company sold 11,000,000 shares at a rate of $23.53, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 09, when Company’s General Counsel and Secretary sold 19,729 for $24.78, making the entire transaction worth $488,893. This insider now owns 5,286 shares in total.
Core & Main Inc. (CNM) Recent Fiscal highlights
As on 7/30/2022, Multinational firm has announced its last quarter scores, in which it reported $0.69 earnings per share (EPS) for the period topping the consensus outlook (set at $0.47) by $0.22. This company achieved a net margin of +3.32 while generating a return on equity of 16.61. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 365.00% per share during the next fiscal year.
Core & Main Inc. (NYSE: CNM) Trading Performance Indicators
Core & Main Inc. (CNM) is currently performing well based on its current performance indicators. A quick ratio of 1.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.78. Likewise, its price to free cash flow for the trailing twelve months is 50.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.11, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of Core & Main Inc. (CNM)
Analysing the last 5-days average volume posted by the [Core & Main Inc., CNM], we can find that recorded value of 0.57 million was lower than the volume posted last year of 0.65 million. As of the previous 9 days, the stock’s Stochastic %D was 48.37%. Additionally, its Average True Range was 0.60.
During the past 100 days, Core & Main Inc.’s (CNM) raw stochastic average was set at 30.84%, which indicates a significant decrease from 65.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.04% in the past 14 days, which was lower than the 38.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.52, while its 200-day Moving Average is $22.44. Now, the first resistance to watch is $21.42. This is followed by the second major resistance level at $21.66. The third major resistance level sits at $21.87. If the price goes on to break the first support level at $20.97, it is likely to go to the next support level at $20.76. Now, if the price goes above the second support level, the third support stands at $20.52.
Core & Main Inc. (NYSE: CNM) Key Stats
Market capitalization of the company is 5.09 billion based on 245,898K outstanding shares. Right now, sales total 5,004 M and income totals 166,000 K. The company made 1,818 M in profit during its latest quarter, and 111,000 K in sales during its previous quarter.