A share price of Core & Main Inc [CNM] is currently trading at $48.51, down -1.10%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CNM shares have gain 4.84% over the last week, with a monthly amount drifted -9.41%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Core & Main Inc [NYSE: CNM] stock has seen the most recent analyst activity on September 23, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $52. Previously, Citigroup downgraded its rating to Neutral on April 05, 2024, and elevated its price target to $64. On January 08, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $48 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $40 on October 12, 2023. Northcoast initiated its recommendation with a Buy and recommended $40 as its price target on June 13, 2023. Loop Capital started tracking with a Buy rating for this stock on February 14, 2023, and assigned it a price target of $28. In a note dated August 18, 2022, Deutsche Bank initiated an Buy rating and provided a target price of $40 on this stock.
Core & Main Inc experienced fluctuations in its stock price throughout the past year between $37.22 and $62.15. Currently, Wall Street analysts expect the stock to reach $57 within the next 12 months. Core & Main Inc [NYSE: CNM] shares were valued at $48.51 at the most recent close of the market. An investor can expect a potential return of 17.5% based on the average CNM price forecast.
Analyzing the CNM fundamentals
Trailing Twelve Months sales for Core & Main Inc [NYSE:CNM] were 7.18B which represents 11.55% growth. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.26 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.57.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 47.95 points at the first support level, and at 47.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.13, and for the 2nd resistance point, it is at 49.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Core & Main Inc [NYSE:CNM] is 2.14. As well, the Quick Ratio is 1.28, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 1.34, the price to book ratio is 5.52 and price to earnings (TTM) ratio is 22.85.
Transactions by insiders
Recent insider trading involved Schaller John R, Executive Vice President, that happened on Mar 11 ’25 when 19292.0 shares were sold. Executive Vice President, Schaller John R completed a deal on Mar 10 ’25 to sell 21868.0 shares. Meanwhile, Officer Schaller John R bought 19292.0 shares on Mar 11 ’25.
