Core & Main Inc (CNM) posted a 8.00% change over the last five days signaling a new trend

On Monday, Core & Main Inc (NYSE: CNM) opened higher 5.01% from the last session, before settling in for the closing price of $45.27. Price fluctuations for CNM have ranged from $34.02 to $62.15 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 16.88% over the last five years. Company’s average yearly earnings per share was noted -0.95% at the time writing. With a float of $191.95 million, this company’s outstanding shares have now reached $192.65 million.

The firm has a total of 5000 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Industrial Distribution industry is another important factor to consider. The insider ownership of Core & Main Inc is 0.36%, while institutional ownership is 105.31%. 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) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -0.95% 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

Check out the current performance indicators for Core & Main Inc (CNM). In the past quarter, the stock posted a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 12.90.

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)

Analysing the last 5-days average volume posted by the [Core & Main Inc, CNM], we can find that recorded value of 2.79 million was better than the volume posted last year of 2.57 million. As of the previous 9 days, the stock’s Stochastic %D was 83.27%. Additionally, its Average True Range was 1.62.

During the past 100 days, Core & Main Inc’s (CNM) raw stochastic average was set at 59.11%, which indicates a significant decrease from 87.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.44% in the past 14 days, which was lower than the 46.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $44.40, while its 200-day Moving Average is $49.93. Now, the first resistance to watch is $48.63. This is followed by the second major resistance level at $49.72. The third major resistance level sits at $51.08. If the price goes on to break the first support level at $46.18, it is likely to go to the next support level at $44.82. Now, if the price goes above the second support level, the third support stands at $43.73.

Core & Main Inc (NYSE: CNM) Key Stats

There are currently 201,131K shares outstanding in the company with a market cap of 9.71 billion. Presently, the company’s annual sales total 6,702 M according to its annual income of 371,000 K. Last quarter, the company’s sales amounted to 1,964 M and its income totaled 119,000 K.