Analysts predict Core & Main Inc (CNM) stock to reach $62.33 in the next 12 months

Core & Main Inc [CNM] stock is trading at $52.41, up 3.93%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CNM shares have gain 7.75% over the last week, with a monthly amount glided 5.84%, and 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 April 01, 2025, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $60. Previously, Wells Fargo started tracking the stock with Overweight rating on September 23, 2024, and set its price target to $52. On April 05, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $64 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $48 on January 08, 2024. Wolfe Research upgraded its rating to a Outperform but $40 remained the price target by the analyst firm on October 12, 2023. Northcoast started tracking with a Buy rating for this stock on June 13, 2023, and assigned it a price target of $40. In a note dated February 14, 2023, Loop Capital initiated an Buy rating and provided a target price of $28 on this stock.

Core & Main Inc [CNM] stock has fluctuated between $37.22 and $62.15 over the past year. Currently, Wall Street analysts expect the stock to reach $62.33 within the next 12 months. Core & Main Inc [NYSE: CNM] shares were valued at $52.41 at the most recent close of the market. An investor can expect a potential return of 18.93% based on the average CNM price forecast.

Analyzing the CNM fundamentals

Core & Main Inc [NYSE:CNM] reported sales of 7.44B for the trailing twelve months, which represents a growth of 17.92%. 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 0.25 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 1.48.

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 50.94 points at the first support level, and at 49.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.16, and for the 2nd resistance point, it is at 53.91.

Ratios To Look Out For

For context, Core & Main Inc’s Current Ratio is 2.34. Further, the Quick Ratio stands at 1.29, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 5.86 and price to earnings (TTM) ratio is 24.64.

Transactions by insiders

Recent insider trading involved Stephens John Weldon, Chief Accounting Officer, that happened on Apr 02 ’25 when 41963.0 shares were sold. Officer, John Weldon Stephens completed a deal on Apr 02 ’25 to buy 83927.0 shares. Meanwhile, Executive Vice President Schaller John R sold 19292.0 shares on Mar 11 ’25.

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