Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Core & Main, Inc. Market Cap
From what 12 stock analysts predict, the share price for Core & Main, Inc. (CNM) might increase by 5.68% in the next year. This is based on a 12-month average estimation for CNM. Price targets go from $34 to $69. The majority of stock analysts believe CNM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Core & Main, Inc. has a total of 12 Wall St Analyst ratings. There are 8 buy ratings, 3 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Core & Main, Inc. will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CNM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| David Manthey Baird | Outperform | $60 | Maintains | Oct 16, 2024 |
| Sam Reid Wells Fargo | Overweight | $52 | Initiates | Sep 23, 2024 |
| Stephen Tusa JP Morgan | Overweight | $44 | Maintains | Sep 6, 2024 |
| Joe Ritchie Goldman Sachs | Neutral | $50 | Maintains | Sep 6, 2024 |
| Andrew Obin B of A Securities | Underperform | $34 | Maintains | Sep 5, 2024 |
| Jeffrey Stevenson Loop Capital | Buy | $52 | Maintains | Sep 5, 2024 |
| Keith Hughes Truist Securities | Hold | $38 | Maintains | Sep 5, 2024 |
| Matthew Bouley Barclays | Overweight | $57 | Maintains | Sep 5, 2024 |
| David Manthey Baird | Outperform | $53 | Maintains | Sep 5, 2024 |
| Mike Dahl RBC Capital | Outperform | $53 | Maintains | Sep 5, 2024 |
| Stephen Tusa JP Morgan | Overweight | $52 | Maintains | Sep 3, 2024 |
| Mike Dahl RBC Capital | Outperform | $60 | Reiterates | Jun 5, 2024 |
| Keith Hughes Truist Securities | Hold | $50 | Maintains | Jun 5, 2024 |
| Anthony Pettinari Citigroup | Neutral | $64 | Downgrade | Apr 5, 2024 |
| Joe Ritchie Goldman Sachs | Neutral | $61 | Maintains | Mar 26, 2024 |
| Anthony Pettinari Citigroup | Buy | $63 | Maintains | Mar 21, 2024 |
| Mike Dahl RBC Capital | Outperform | $60 | Maintains | Mar 20, 2024 |
| Keith Hughes Truist Securities | Hold | $38 | Reiterates | Mar 20, 2024 |
| Matthew Bouley Barclays | Overweight | $65 | Maintains | Mar 20, 2024 |
| Jeffrey Stevenson Loop Capital | Buy | $64 | Maintains | Mar 20, 2024 |
When did it IPO
2021
Staff Count
5,000
Country
United States
Sector/Industry
Industrials/Industrial Distribution
CEO
Mr. Stephen O. LeClair
Market Cap
$9.48B
In 2023, CNM generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 26 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Analyst recommendations from brokerage firms significantly impact investor decisions and can influence stock prices, highlighting their importance in market dynamics.
Why It Matters - Analyst recommendations can significantly sway stock prices, impacting investment decisions and market sentiment. Changes in ratings may signal shifts in expected performance.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Core & Main will announce its Fiscal 2024 Third Quarter results soon, providing key financial performance insights for investors.
Why It Matters - Core & Main's fiscal Q3 results will provide insights into its financial health and operational performance, impacting stock valuation and investor sentiment.
Mon, 11 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Core & Main (CNM) closed at $42.73, reflecting a decrease of 1.95% from the previous trading session.
Why It Matters - Core & Main's decline indicates potential volatility, which may affect investor sentiment and future trading strategies. Monitoring price movements is crucial for assessing market trends.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Core & Main Inc. has completed its acquisition of ARGCO Northeast LLC, a distributor specializing in fire protection products.
Why It Matters - Core & Main's acquisition of ARGCO enhances its market position and product offerings in fire protection, potentially driving revenue growth and strengthening competitive advantage.
Mon, 04 Nov 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Core & Main (CNM) closed at $43.58, up 0.76% from the previous trading session.
Why It Matters - Core & Main's stock increase indicates positive market sentiment, potentially attracting more investment interest and impacting overall portfolio performance.
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Core & Main Inc. has completed the acquisition of most assets of Eastcom Associates Inc., enhancing its operational capabilities.
Why It Matters - Core & Main's acquisition of Eastcom Associates expands its asset base and market reach, potentially enhancing revenue growth and competitiveness, which can positively influence stock performance.
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