Core & Main Inc [NYSE: CNM] price surged by 0.09 percent to reach at $0.05.
The one-year CNM stock forecast points to a potential upside of 9.13. The average equity rating for CNM stock is currently 1.71, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Core & Main Inc [CNM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNM shares is $60.23 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNM stock is a recommendation set at 1.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Core & Main Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 01, 2025. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Overweight. The new note on the price target was released on September 23, 2024, representing the official price target for Core & Main Inc stock. Previously, the target price had yet another raise from $63 to $64, while Citigroup kept a Neutral rating on CNM stock. On January 08, 2024, analysts increased their price target for CNM shares from 38 to 48.
The Average True Range (ATR) for Core & Main Inc is set at 1.49, with the Price to Sales ratio for CNM stock in the period of the last 12 months amounting to 1.45. The Price to Book ratio for the last quarter was 6.12, with the Price to Cash per share for the same quarter was set at 0.04. Price to Free Cash Flow for CNM in the course of the last twelve months was 18.42 with Quick ratio for the last quarter at 1.29.
CNM Stock Performance Analysis:
Core & Main Inc [CNM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.87. With this latest performance, CNM shares gained by 3.38% in over the last four-week period, additionally plugging by 20.90% over the last 6 months – not to mention a drop of -9.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CNM stock in for the last two-week period is set at 60.03, with the RSI for the last a single of trading hit 62.18, and the three-weeks RSI is set at 58.32 for Core & Main Inc [CNM]. The present Moving Average for the last 50 days of trading for this stock 50.85, while it was recorded at 54.13 for the last single week of trading, and 49.13 for the last 200 days.
Insight into Core & Main Inc Fundamentals:
Core & Main Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.29 and a Current Ratio set at 2.34.
CNM Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CNM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Core & Main Inc go to 7.69%.
Core & Main Inc [CNM] Institutonal Ownership Details
The top three institutional holders of CNM stocks are: BLACKROCK INC. with ownership of 22.02 million shares, which is approximately 11.4207%. VANGUARD GROUP INC, holding 18.1 million shares of the stock with an approximate value of $$885.58 million in CNM stocks shares; and VANGUARD GROUP INC, currently with $$754.99 million in CNM stock with ownership which is approximately 8.0015%.
