NYSE - Nasdaq Real Time Price USD

Commercial Metals Company (CMC)

52.69 -1.01 (-1.87%)
As of 11:04 AM EDT. Market Open.
Loading Chart for CMC
DELL
  • Previous Close 53.70
  • Open 53.16
  • Bid 52.69 x 900
  • Ask 52.82 x 800
  • Day's Range 52.60 - 53.56
  • 52 Week Range 39.85 - 59.81
  • Volume 83,216
  • Avg. Volume 889,885
  • Market Cap (intraday) 6.097B
  • Beta (5Y Monthly) 1.33
  • PE Ratio (TTM) 9.15
  • EPS (TTM) 5.76
  • Earnings Date Jun 20, 2024 - Jun 24, 2024
  • Forward Dividend & Yield 0.72 (1.34%)
  • Ex-Dividend Date Mar 28, 2024
  • 1y Target Est 65.50

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.

www.cmc.com

13,022

Full Time Employees

August 31

Fiscal Year Ends

Steel

Industry

Recent News: CMC

Performance Overview: CMC

Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

CMC
5.97%
S&P 500
4.95%

1-Year Return

CMC
10.93%
S&P 500
21.00%

3-Year Return

CMC
90.88%
S&P 500
19.75%

5-Year Return

CMC
227.78%
S&P 500
71.00%

Compare To: CMC

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Statistics: CMC

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    6.21B

  • Enterprise Value

    6.74B

  • Trailing P/E

    9.32

  • Forward P/E

    9.95

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.75

  • Price/Book (mrq)

    1.47

  • Enterprise Value/Revenue

    0.80

  • Enterprise Value/EBITDA

    5.69

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.09%

  • Return on Assets (ttm)

    8.90%

  • Return on Equity (ttm)

    16.99%

  • Revenue (ttm)

    8.41B

  • Net Income Avi to Common (ttm)

    680.26M

  • Diluted EPS (ttm)

    5.76

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    638.26M

  • Total Debt/Equity (mrq)

    27.51%

  • Levered Free Cash Flow (ttm)

    465.33M

Research Analysis: CMC

Analyst Price Targets

60.00
65.50 Average
52.69 Current
74.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: CMC

Fair Value

52.69 Current
 

Dividend Score

0 Low
CMC
Sector Avg.
100 High
 

Hiring Score

0 Low
CMC
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
CMC
Sector Avg.
100 High
 

Research Reports: CMC

  • CMC: Lowering target price to $57.00

    COMMERCIAL METALS CO has an Investment Rating of HOLD; a target price of $57.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     
  • CMC: Lowering target price to $58.00

    COMMERCIAL METALS CO has an Investment Rating of HOLD; a target price of $58.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     
  • CMC: What does Argus have to say about CMC?

    COMMERCIAL METALS CO has an Investment Rating of HOLD; a target price of $61.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     
  • CMC: Raising target price to $61.00

    COMMERCIAL METALS CO has an Investment Rating of HOLD; a target price of $61.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     

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