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 $51.54, up 0.62% from its previous closing price of $51.22. In other words, the price has increased by $0.62 from its previous closing price. On the day, 1.43 million shares were traded. CNM stock price reached its highest trading level at $52.365 during the session, while it also had its lowest trading level at $51.17.

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 331.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 1.68 whereas as Long-Term Debt/Eq ratio is at 1.62.

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 the company, Citigroup on April 05, 2024, Downgraded its rating to Neutral and sets its target price to $64 from $63 previously.

On January 08, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $38 to $48.

Wolfe Research Upgraded its Peer Perform to Outperform on October 12, 2023, while the target price for the stock was maintained at $40.

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 11 ’24 when Castellano James G sold 12,300 shares for $50.70 per share. The transaction valued at 623,569 led to the insider holds 0 shares of the business.

Castellano James G sold 200 shares of CNM for $10,002 on Jul 10 ’24. The Director now owns 0 shares after completing the transaction at $50.01 per share. On May 08 ’24, another insider, Witkowski Mark R, who serves as the Chief Financial Officer of the company, sold 50,000 shares for $59.50 each. As a result, the insider received 2,975,005 and left with 23,898 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 10383197184 and an Enterprise Value of 12555293696. As of this moment, Core’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.19, and their Forward P/E ratio for the next fiscal year is 19.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 6.32. Its current Enterprise Value per Revenue stands at 1.828 whereas that against EBITDA is 14.028.

Stock Price History:

The Beta on a monthly basis for CNM is 1.06, which has changed by 0.6219126 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, CNM has reached a high of $62.15, while it has fallen to a 52-week low of $27.75. The 50-Day Moving Average of the stock is -4.41%, while the 200-Day Moving Average is calculated to be 14.74%.

Shares Statistics:

It appears that CNM traded 2.03M shares on average per day over the past three months and 1709020 shares per day over the past ten days. A total of 192.92M shares are outstanding, with a floating share count of 192.24M. Insiders hold about 0.35% of the company’s shares, while institutions hold 104.23% stake in the company. Shares short for CNM as of 1719532800 were 7989572 with a Short Ratio of 3.94, compared to 1717113600 on 6231264. Therefore, it implies a Short% of Shares Outstanding of 7989572 and a Short% of Float of 7.630000000000001.

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