On Tuesday, Commercial Metals Co (NYSE: CMC) opened lower -1.91% from the last session, before settling in for the closing price of $50.80. Price fluctuations for CMC have ranged from $45.50 to $64.53 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 7.62%. Company’s average yearly earnings per share was noted -23.23% at the time writing. With a float of $112.48 million, this company’s outstanding shares have now reached $113.92 million.
The extent of productivity of a business whose workforce counts for 13178 workers is very important to gauge. In terms of profitability, gross margin is 16.41%, operating margin of 6.07%, and the pretax margin is 2.29%.
Commercial Metals Co (CMC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Steel industry is another important factor to consider. The insider ownership of Commercial Metals Co is 1.02%, while institutional ownership is 89.46%. The most recent insider transaction that took place on Oct 29 ’24, was worth 3,046,668. Before that another transaction happened on Oct 21 ’24, when Company’s Former Officer proposed sale 71,777 for $55.38, making the entire transaction worth $3,975,358.
Commercial Metals Co (CMC) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -23.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.18% during the next five years compared to 20.04% growth over the previous five years of trading.
Commercial Metals Co (NYSE: CMC) Trading Performance Indicators
Check out the current performance indicators for Commercial Metals Co (CMC). In the past quarter, the stock posted a quick ratio of 1.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 11.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.11, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 4.38 in one year’s time.
Technical Analysis of Commercial Metals Co (CMC)
The latest stats from [Commercial Metals Co, CMC] show that its last 5-days average volume of 1.28 million was superior to 1.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 60.85%. Additionally, its Average True Range was 1.65.
During the past 100 days, Commercial Metals Co’s (CMC) raw stochastic average was set at 22.75%, which indicates a significant decrease from 49.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.53% in the past 14 days, which was lower than the 38.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.69, while its 200-day Moving Average is $54.33. Now, the first resistance to watch is $51.02. This is followed by the second major resistance level at $52.22. The third major resistance level sits at $52.83. If the price goes on to break the first support level at $49.22, it is likely to go to the next support level at $48.61. The third support level lies at $47.41 if the price breaches the second support level.
Commercial Metals Co (NYSE: CMC) Key Stats
There are currently 113,642K shares outstanding in the company with a market cap of 5.66 billion. Presently, the company’s annual sales total 7,926 M according to its annual income of 485,490 K. Last quarter, the company’s sales amounted to 1,910 M and its income totaled -175,720 K.
