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After finishing at $48.89 in the prior trading day, Commercial Metals Co (NYSE: CMC) closed at $47.57, down -2.70%. In other words, the price has decreased by -$2.70 from its previous closing price. On the day, 1.42 million shares were traded. CMC stock price reached its highest trading level at $48.66 during the session, while it also had its lowest trading level at $47.41.
Ratios:
Our goal is to gain a better understanding of CMC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.94 and its Current Ratio is at 2.76. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.29.
UBS Downgraded its Buy to Sell on December 12, 2024, while the target price for the stock was maintained at $56.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 29 ’24 when Smith Barbara bought 55,975 shares for $54.43 per share.
Smith Barbara bought 71,777 shares of CMC for $3,975,358 on Oct 21 ’24. On Mar 27 ’24, another insider, Smith Barbara, who serves as the Executive Chairman of the company, sold 35,704 shares for $57.88 each. As a result, the insider received 2,066,548 and left with 36,196 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMC now has a Market Capitalization of 5405949952 and an Enterprise Value of 6077770752. As of this moment, Commercial’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.85, and their Forward P/E ratio for the next fiscal year is 10.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 0.767 whereas that against EBITDA is 6.661.
Stock Price History:
Over the past 52 weeks, CMC has reached a high of $64.53, while it has fallen to a 52-week low of $47.42. The 50-Day Moving Average of the stock is -16.20%, while the 200-Day Moving Average is calculated to be -13.69%.
Shares Statistics:
The stock has traded on average 946.86K shares per day over the past 3-months and 1050760 shares per day over the last 10 days, according to various share statistics. A total of 113.92M shares are outstanding, with a floating share count of 112.34M. Insiders hold about 1.14% of the company’s shares, while institutions hold 89.38% stake in the company. Shares short for CMC as of 1734048000 were 3697853 with a Short Ratio of 3.91, compared to 1731628800 on 3273799. Therefore, it implies a Short% of Shares Outstanding of 3697853 and a Short% of Float of 4.34.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.61.
