Core & Main Inc (CNM) concluded trading on Wednesday at a closing price of $42.38, with 3.55 million shares of worth about $150.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -31.68% during that period and on November 13, 2024 the price saw a gain of about 0.28%. Currently the company’s common shares owned by public are about 192.65M shares, out of which, 191.95M shares are available for trading.
Stock saw a price change of -10.06% in past 5 days and over the past one month there was a price change of -6.26%. Year-to-date (YTD), CNM shares are showing a performance of 4.88% which increased to 32.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $31.21 but also hit the highest price of $62.15 during that period. The average intraday trading volume for Core & Main Inc shares is 2.75 million. The stock is currently trading -5.39% below its 20-day simple moving average (SMA20), while that difference is down -2.70% for SMA50 and it goes to -14.96% lower than SMA200.
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Core & Main Inc (NYSE: CNM) currently have 192.65M outstanding shares and institutions hold larger chunk of about 105.11% of that.
The stock has a current market capitalization of $8.52B and its 3Y-monthly beta is at 0.98. PE ratio of stock for trailing 12 months is 20.30, while it has posted earnings per share of $2.09 in the same period. Its PEG reads 2.77 and has Quick Ratio of 1.34 while making debt-to-equity ratio of 1.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNM, volatility over the week remained 4.01% while standing at 2.93% over the month.
Stock’s fiscal year EPS is expected to drop by -0.97% while it is estimated to increase by 15.74% in next year. EPS is likely to shrink at an annualized rate of 7.33% for next 5-years, compared to annual growth of 56.51% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on September 23, 2024 offering an Overweight rating for the stock and assigned a target price of $52 to it. Coverage by Citigroup stated Core & Main Inc (CNM) stock as a Neutral in their note to investors on April 05, 2024, suggesting a price target of $64 for the stock. On January 08, 2024, Citigroup Upgrade their recommendations, while on October 12, 2023, Wolfe Research Upgrade their ratings for the stock with a price target of $40. Stock get a Buy rating from Northcoast on June 13, 2023.
