Commercial Metals Co. (CMC) volume hits 1.06 million: A New Opening for Investors

Commercial Metals Co. (NYSE: CMC) started the day on Wednesday, with a price decrease of -4.13% at $51.26, before settling in for the price of $53.47 at the close. Taking a more long-term approach, CMC posted a 52-week range of $39.85-$61.26.

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The Basic Materials sector firm’s twelve-monthly sales growth has been 7.62% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 20.04%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.55%. This publicly-traded company’s shares outstanding now amounts to $114.10 million, simultaneously with a float of $112.61 million. The organization now has a market capitalization sitting at $5.84 billion.

Commercial Metals Co. (CMC) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Steel Industry. Commercial Metals Co.’s current insider ownership accounts for 1.14%, in contrast to 90.63% institutional ownership. Preceding that transaction, on Mar 27 ’24, Company’s Executive Chairman sold 35,704 for 57.88, making the whole transaction’s value amount to 2,066,548. This particular insider is now the holder of 36,196 in total.

Commercial Metals Co. (CMC) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.

Commercial Metals Co.’s EPS decrease for this current 12-month fiscal period is -1.55% and is forecasted to reach 4.94 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -10.76% through the next 5 years, which can be compared against the 20.04% growth it accomplished over the previous five years trading on the market.

Commercial Metals Co. (NYSE: CMC) Trading Performance Indicators

Let’s observe the current performance indicators for Commercial Metals Co. (CMC). It’s Quick Ratio in the last reported quarter now stands at 2.78. The Stock has managed to achieve an average true range (ATR) of 1.64. Alongside those numbers, its PE Ratio stands at $12.38, and its Beta score is 1.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.74. Similarly, its price to free cash flow for trailing twelve months is now 10.15.

In the same vein, CMC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.14, a figure that is expected to reach 0.81 in the next quarter, and analysts are predicting that it will be 4.94 at the market close of one year from today.

Technical Analysis of Commercial Metals Co. (CMC)