In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Commercial Metals Co (NYSE: CMC) closed at $48.38 in the last session, down -0.90% from day before closing price of $48.82. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 0.78 million shares were traded. CMC stock price reached its highest trading level at $48.97 during the session, while it also had its lowest trading level at $47.835.
Ratios:
We take a closer look at CMC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.94 and its Current Ratio is at 2.82. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.29.
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, UBS on January 10, 2025, Upgraded its rating to Neutral and sets its target price to $54 from $56 previously.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.
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 5516674560 and an Enterprise Value of 5903582720. As of this moment, Commercial’s Price-to-Earnings (P/E) ratio for their current fiscal year is 80.35, and their Forward P/E ratio for the next fiscal year is 11.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 39.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 0.763 whereas that against EBITDA is 8.057.
Stock Price History:
The Beta on a monthly basis for CMC is 1.15, which has changed by -0.17637044 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, CMC has reached a high of $64.53, while it has fallen to a 52-week low of $42.62. The 50-Day Moving Average of the stock is -0.73%, while the 200-Day Moving Average is calculated to be -8.99%.
Shares Statistics:
According to the various share statistics, CMC traded on average about 1.22M shares per day over the past 3-months and 1550310 shares per day over the past 10 days. A total of 113.26M shares are outstanding, with a floating share count of 112.70M. Insiders hold about 0.83% of the company’s shares, while institutions hold 91.82% stake in the company. Shares short for CMC as of 1741910400 were 3652919 with a Short Ratio of 3.00, compared to 1739491200 on 4172696. Therefore, it implies a Short% of Shares Outstanding of 3652919 and a Short% of Float of 4.32.
Dividends & Splits
The forward annual dividend rate for CMC is 0.72, which was 0.72 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.014748055The stock’s 5-year Average Dividend Yield is 1.57. The current Payout Ratio is 16.41% for CMC, which recently paid a dividend on 2025-01-16 with an ex-dividend date of 1743379200. Stock splits for the company last occurred on 2006-05-23 when the company split stock in a 2:1 ratio.
