Financial Analysis: Core & Main Inc (CNM)’s Ratios Unveil Key Insights

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As of close of business last night, Core & Main Inc’s stock clocked out at $45.95, down -0.86% from its previous closing price of $46.35. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 1.03 million shares were traded. CNM stock price reached its highest trading level at $47.005 during the session, while it also had its lowest trading level at $45.77.

Ratios:

To gain a deeper understanding of CNM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 680.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.76. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.55.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on September 23, 2024, initiated with a Overweight rating and assigned the stock a target price of $52.

On April 05, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $63 to $64.

Citigroup Upgraded its Neutral to Buy on January 08, 2024, whereas the target price for the stock was revised from $38 to $48.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 16 ’24 when Gipson Dennis G sold 25,000 shares for $53.08 per share. The transaction valued at 1,327,058 led to the insider holds 0 shares of the business.

Castellano James G sold 12,500 shares of CNM for $652,786 on Jul 15 ’24. The Director now owns 0 shares after completing the transaction at $52.22 per share. On Jul 11 ’24, another insider, Castellano James G, who serves as the Director of the company, sold 12,300 shares for $50.70 each. As a result, the insider received 623,569 and left with 0 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, CNM now has a Market Capitalization of 9241969664 and an Enterprise Value of 11556140032. As of this moment, Core’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.02, and their Forward P/E ratio for the next fiscal year is 18.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 5.38. Its current Enterprise Value per Revenue stands at 1.658 whereas that against EBITDA is 13.073.

Stock Price History:

Over the past 52 weeks, CNM has reached a high of $62.15, while it has fallen to a 52-week low of $29.13. The 50-Day Moving Average of the stock is 1.15%, while the 200-Day Moving Average is calculated to be -7.09%.

Shares Statistics:

It appears that CNM traded 2.77M shares on average per day over the past three months and 2046080 shares per day over the past ten days. A total of 192.65M shares are outstanding, with a floating share count of 191.95M. Insiders hold about 0.36% of the company’s shares, while institutions hold 104.65% stake in the company. Shares short for CNM as of 1727654400 were 12190481 with a Short Ratio of 4.41, compared to 1724976000 on 8740946. Therefore, it implies a Short% of Shares Outstanding of 12190481 and a Short% of Float of 11.68.

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