Commercial Metals Company (CMC) |
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46.54 0.63 (1.37%)
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03-24 16:00 |
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Open: |
45.29 |
Pre. Close: |
45.91 |
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High:
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46.72 |
Low:
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44.79 |
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Volume:
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879,974 |
Market Cap:
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5,639(M) |
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Technical analysis |
as of: 2023-03-24 4:24:55 PM |
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Overall:
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| Stoxline posted a BUY today, same as yesterday. Upward movement continues. |
| Target: |
Six months: 60.13  One year: 67.11 |
| Support: |
Support1: 41.83 Support2: 34.8 |
| Resistance: |
Resistance1: 51.48 Resistance2: 57.45 |
| Pivot: |
47.12 |
| Moving Average: |
MA(5): 45.57  MA(20): 48.48
MA(100): 50.28 MA(250): 43.71 |
| MACD: |
MACD(12,26): -2.3 Signal(9): -2.2 |
| Stochastic oscillator: |
%K(14,3): 30.7 %D(3): 28.5 |
| RSI: |
RSI(14): 41.6 |
| 52-week: |
High: 58.09 Low: 31.46 |
| Average Vol(K): |
3-Month: 1,168 (K) 10-Days: 1,477 (K) |
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Price, moving averages and Bollinger Bands |
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Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.[ CMC ] has closed above bottom band by 45.1%. Bollinger Bands are 89.4% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 10 days. This is a sign that the current trend might continue. |
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Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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46.78 - 46.95 |
46.95 - 47.09 |
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Low:
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44.33 - 44.54 |
44.54 - 44.72 |
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Close:
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46.21 - 46.55 |
46.55 - 46.82 |
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Company Description |
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Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. 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 rebar, merchant bar, light structural, and other special sections, as well as semi-finished billets for re-rolling and forging applications. In addition, the company provides fabricated steel products 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. |
Headline News |
Sun, 26 Mar 2023
7801 Shares in Commercial Metals (NYSE:CMC) Purchased by ... - MarketBeat
Fri, 24 Mar 2023
Commercial Metals (CMC) Earnings Miss Estimates in Q2, Dip Y/Y - Zacks Investment Research
Thu, 23 Mar 2023
Commercial Metals (CMC) Declares $0.16 Dividend - Nasdaq
Thu, 23 Mar 2023
Commercial Metals Company Reports Second Quarter Fiscal 2023 ... - PR Newswire
Tue, 21 Mar 2023
Commercial Metals (CMC) Buys Tendon Systems to Boost Portfolio - Nasdaq
Mon, 20 Mar 2023
Commercial Metals Company acquires barrier cable company - Steel Times International magazine
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Financial Analysis |
| Price to Book Value: |
Outperform |
| P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
| Price to Earnings: |
Outperform |
| PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
| Discounted cash flow: |
Outperform |
| DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
| Return on Assets: |
Neutral |
| ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
| Return on Equity: |
Neutral |
| ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
| Debt to Equity: |
Outperform |
| evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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Stock Basics & Statistics |
| Exchange: NYSE |
| Sector: Basic Materials |
| Industry: Steel |
| Shares Out. |
117 (M) |
| Shares Float |
116 (M) |
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% Held by Insiders
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1.2 (%) |
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% Held by Institutions
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86.8 (%) |
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Shares Short
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2,880 (K) |
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Shares Short P.Month
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2,750 (K) |
Stock Financials |
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EPS
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10.43 |
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EPS Est Next Qtl
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0.25 |
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EPS Est This Year
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0.85 |
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EPS Est Next Year
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1.42 |
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Book Value (p.s.)
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30.55 |
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Profit Margin (%)
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13.6 |
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Operating Margin (%)
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15.2 |
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Return on Assets (ttm)
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15.8 |
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Return on Equity (ttm)
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41 |
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Qtrly Rev. Growth
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12.3 |
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Gross Profit (p.s.)
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15.88 |
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Sales Per Share
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78.21 |
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EBITDA (p.s.)
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13.49 |
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Qtrly Earnings Growth
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15.8 |
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Operating Cash Flow
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1,050 (M) |
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Levered Free Cash Flow
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328 (M) |
Stock Valuations |
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PE Ratio
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4.45 |
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PEG Ratio
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0.6 |
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Price to Book value
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1.52 |
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Price to Sales
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0.59 |
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Price to Cash Flow
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5.19 |
Stock Dividends |
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Dividend
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0.15 |
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Forward Dividend
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0 |
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Dividend Yield
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0.3% |
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Dividend Pay Date
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2022-02-02 |
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Ex-Dividend Date
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2022-01-18 |
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