|Bid||16.140 x 800|
|Ask||16.150 x 800|
|Day's Range||15.84 - 16.20|
|52 Week Range||15.23 - 26.72|
|Beta (3Y Monthly)||1.75|
|PE Ratio (TTM)||15.88|
|Earnings Date||Mar 20, 2019 - Mar 25, 2019|
|Forward Dividend & Yield||0.48 (3.02%)|
|1y Target Est||20.91|
U.S. Steel is opening a previously shuttered East Texas mill after market conditions that originally forced the manufacturer to close the facility have improved.
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# Commercial Metals Co ### NYSE:CMC View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low and declining * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is low for CMC with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 17. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CMC totaled $2.38 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CMC credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, Jan. 29, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Steel stocks have taken a beating in the past year, but one Wall Street analyst said Monday a seasonal ramp in U.S. steel demand should help boost prices in the near-term. The Analyst Morgan Stanley analyst ...
IRVING, Texas , Jan. 16, 2019 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") today announced the final results of its previously announced offer to exchange ...
IRVING, Texas, Jan. 11, 2019 /PRNewswire/ -- Commercial Metals Company (CMC) ("CMC" or the "Company") today announced that in light of the closing of executive departments and agencies of the U.S. federal government, including the Securities and Exchange Commission (the "SEC"), on Monday, December 24, 2018, the Company has extended the expiration date of its previously announced debt exchange offer to 5:00 p.m., New York City time, on January 15, 2019, unless further extended or earlier terminated (the "Expiration Date"). On December 13, 2018, the Company announced that it was commencing an offer to exchange up to $350.0 million in aggregate principal amount of new 5.750% Senior Notes due 2026 (the "New Notes"), which have been registered under the Securities Act of 1933, as amended, for a like principal amount of unregistered 5.750% Senior Notes due 2026 (the "Old Notes").
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Historically, Commercial Metals Company (NYSE:CMC) has paid dividends to shareholders, Read More...
Commercial Metals (CMC) expects second-quarter fiscal 2019 results to be stronger than the prior years aided by its strategic growth initiatives.
Commercial Metals (CMC) delivered earnings and revenue surprises of -7.89% and 0.97%, respectively, for the quarter ended November 2018. Do the numbers hold clues to what lies ahead for the stock?
Co.’s (CMC) first-quarter profit fell 46% from the comparable quarter a year ago attributed to wet weather in the U.S. which had reduced shipments. On an adjusted basis, the company made 35 cents a share. Commercial Metals and its subsidiaries manufacture, recycle and market steel and metal products, related materials and services.
Shares of Commercial Metals Co. were indicated down 2% in premarket trade Monday, after the metals products company reported a fiscal first-quarter adjusted profit that rose in line with expectations, while sales came up a bit shy. Net earnings for the quarter to Nov. 30 fell to $19.7 million, or 17 cents a share, from $36.8 million, or 31 cents a share in the same period a year ago. Excluding non-recurring items, such as $22.1 million in tax expenses, adjusted earnings per share rose to 35 cents from 31 cents, matching the FactSet consensus of 35 cents. Sales rose to $1.28 billion from $1.08 billion, but was just below the FactSet consensus of $1.29 billion, as an increase in Americas fabrication sales offset declined in recycling and mills sales. "Results for the first quarter were strong even though we experienced historically wet weather in the U.S. which reduced shipments," said Chief Executive Barbara Smith. The stock has shed 15.1% over the past three months through Friday, while the S&P 500 has lost 12.3%.
The Irving, Texas-based company said it had net income of 17 cents per share. Earnings, adjusted for one-time gains and costs, were 35 cents per share. The results did not meet Wall Street expectations. ...
IRVING, Texas , Jan. 7, 2019 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal first quarter ended November 30, 2018. For the three months ended November 30, ...
IRVING, Texas , Jan. 3, 2019 /PRNewswire/ -- On January 2, 2019, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.12 per ...
Commercial Metals (CMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Insider Monkey finished processing more than 700 13F filings made by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th. What do these smart investors think about Commercial Metals Company (NYSE:CMC)? Commercial Metals Company (NYSE:CMC) shareholders have witnessed an increase in enthusiasm from smart money recently. CMC was […]
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...