Core & Main Inc (NYSE: CNM) on Friday, plunged -0.36% from the previous trading day, before settling in for the closing price of $52.40. Within the past 52 weeks, CNM’s price has moved between $37.22 and $62.15.
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Annual sales at Industrials sector company grew by 16.88% over the past five years. The company achieved an average annual earnings per share of 1.63%. With a float of $189.50 million, this company’s outstanding shares have now reached $190.19 million.
Let’s look at the performance matrix of the company that is accounted for 5000 employees. In terms of profitability, gross margin is 25.5%, operating margin of 9.95%, and the pretax margin is 8.12%.
Core & Main Inc (CNM) Insider Updates
Observing investor behavior towards Industrial Distribution industry stocks is more important than anything else. The insider ownership of Core & Main Inc is 0.36%, while institutional ownership is 106.75%. The most recent insider transaction that took place on Dec 03 ’24, was worth 1,367,865. In this transaction EVP, Corporate Department of this company sold 25,000 shares at a rate of $54.71, taking the stock ownership to the 11,615 shares. Before that another transaction happened on Dec 03 ’24, when Company’s President sold 50,000 for $55.07, making the entire transaction worth $2,753,280. This insider now owns 18,423 shares in total.
Core & Main Inc (CNM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 1.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.37% 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
Core & Main Inc (CNM) is currently performing well based on its current performance indicators. A quick ratio of 1.28 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 1.44. Likewise, its price to free cash flow for the trailing twelve months is 15.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.12, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 2.47 in one year’s time.
Technical Analysis of Core & Main Inc (CNM)
Core & Main Inc (NYSE: CNM) saw its 5-day average volume 1.92 million, a negative change from its year-to-date volume of 2.59 million. As of the previous 9 days, the stock’s Stochastic %D was 40.24%. Additionally, its Average True Range was 2.07.
During the past 100 days, Core & Main Inc’s (CNM) raw stochastic average was set at 74.91%, which indicates a significant increase from 55.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.87% in the past 14 days, which was higher than the 49.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.45, while its 200-day Moving Average is $50.33. Nevertheless, the first resistance level for the watch stands at $54.81 in the near term. At $57.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $59.06. If the price goes on to break the first support level at $50.56, it is likely to go to the next support level at $48.92. Assuming the price breaks the second support level, the third support level stands at $46.31.
Core & Main Inc (NYSE: CNM) Key Stats
Market capitalization of the company is 10.34 billion based on 198,673K outstanding shares. Right now, sales total 6,702 M and income totals 371,000 K. The company made 2,038 M in profit during its latest quarter, and 133,000 K in sales during its previous quarter.
