Core & Main Inc (NYSE: CNM) kicked off on Monday, up 3.55% from the previous trading day, before settling in for the closing price of $42.51. Over the past 52 weeks, CNM has traded in a range of $33.47-$62.15.
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During the last 5-year period, the sales growth of Industrials Sector giant was 16.88%. While this was happening, its average annual earnings per share was recorded -0.97%. With a float of $191.95 million, this company’s outstanding shares have now reached $192.65 million.
Let’s determine the extent of company efficiency that accounts for 5000 employees. In terms of profitability, gross margin is 25.57%, operating margin of 10.17%, and the pretax margin is 8.51%.
Core & Main Inc (CNM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Industrial Distribution Industry. The insider ownership of Core & Main Inc is 0.36%, while institutional ownership is 105.32%. The most recent insider transaction that took place on Jul 16 ’24, was worth 1,327,058. In this transaction Director of this company sold 25,000 shares at a rate of $53.08, taking the stock ownership to the 0 shares. Before that another transaction happened on Jul 15 ’24, when Company’s Director sold 12,500 for $52.22, making the entire transaction worth $652,786. This insider now owns 0 shares in total.
Core & Main Inc (CNM) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.52 earnings per share (EPS), lower than consensus estimate (set at 0.67) by -0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.33% during the next five years compared to 56.51% growth over the previous five years of trading.
Core & Main Inc (NYSE: CNM) Trading Performance Indicators
Take a look at Core & Main Inc’s (CNM) current performance indicators. Last quarter, stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 11.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.09, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 2.46 in one year’s time.
Technical Analysis of Core & Main Inc (CNM)
Looking closely at Core & Main Inc (NYSE: CNM), its last 5-days average volume was 2.97 million, which is a jump from its year-to-date volume of 2.56 million. As of the previous 9 days, the stock’s Stochastic %D was 18.28%. Additionally, its Average True Range was 1.53.
During the past 100 days, Core & Main Inc’s (CNM) raw stochastic average was set at 38.95%, which indicates a significant increase from 37.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.79% in the past 14 days, which was lower than the 45.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.84, while its 200-day Moving Average is $49.85. However, in the short run, Core & Main Inc’s stock first resistance to watch stands at $44.75. Second resistance stands at $45.49. The third major resistance level sits at $46.88. If the price goes on to break the first support level at $42.63, it is likely to go to the next support level at $41.24. Should the price break the second support level, the third support level stands at $40.50.
Core & Main Inc (NYSE: CNM) Key Stats
The company with the Market Capitalisation of 8.98 billion has total of 201,131K Shares Outstanding. Its annual sales at the moment are 6,702 M in contrast with the sum of 371,000 K annual income. Company’s last quarter sales were recorded 1,964 M and last quarter income was 119,000 K.
