Commercial Metals Company (NYSE:CMC) went up by 2.43% from its latest closing price when compared to the 1-year high value of $24.45 and move down -60.86%, while CMC stocks collected +5.78% of gains with the last five trading sessions.
Commercial Metals Company (NYSE:CMC) Worth an Investment?
Commercial Metals Company (NYSE: CMC) scored price to earnings ratio above its average ratio, recording 13.18 times of increase in earnings at the present.
CMC Market Performance
CMC stocks went up by 5.78% for the week, with the monthly drop of -6.29% and a quarterly performance of -3.74%, while its annual performance rate touched -37.58%. The simple moving average for the period of the last 20 days is 3.35% for CMC stocks with the simple moving average of -14.16% for the last 200 days.
Analysts’ Opinion on Commercial Metals Company (NYSE:CMC)
Many brokerage firms have already submitted their reports for CMC stocks, with BofA/Merrill repeating the rating for CMC shares by setting it to “Underperform”. The predicted price for CMC socks in the upcoming period according to BofA/Merrill is $13 based on the research report published on May 31, 2019.
Cowen, on the other hand, stated in their research note that they expect to see CMC stock at the price of $18.50, previously predicting the value of $17. The rating they have provided for CMC stocks is “Market Perform” according to the report published on April 9, 2019.
Macquarie gave “ Outperform” rating to CMC stocks, setting the target price at $18.50 in the report published on March 22, 2019.
CMC Stocks -6.78% Far from 50 Day Moving Average
After a stumble in the market that brought CMC to its low price for the period of the last 52 weeks, Commercial Metals Company was unable to take a rebound, for now settling with -37.83% of loss for the given period.
The stock volatility was left at 3.26%, however, within the period of a single month, the volatility rate increased by 2.69%, while the shares sank at the distance of -7.09% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -12.49% lower at the present time.
In the course of the last 5 trading sessions, CMC went up by +5.78%, which changed the moving average for the period of 200 days to the total of -30.66% of losses for the stock in comparison to the 20-day moving average settled at $14.65. In addition, Commercial Metals Company saw -5.12% in overturn over the period of a single year with a tendency to cut further losses.
CMC Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Commercial Metals Company (CMC), starting from LINDSEY MARY A, who bought 1,000 shares at the price of $15.92 back on Jan 16. After this action, Rushing now owns 145,089 shares of Commercial Metals Company, valued at $15,920 with the latest closing price.
CMC Stock Fundamentals
The current profitability levels are settled at +4.71 for the present operating margin and +13.25 for gross margin. The net margin for Commercial Metals Company stands at +2.91. Total capital return value is set at 8.96, while invested capital returns managed to touch 5.59. Equity return holds the value 8.40%, with 3.60% for asset returns.
Based on Commercial Metals Company (CMC), the company’s capital structure generated 77.57 points for debt to equity in total, while total debt to capital is set at the value of 43.68. Total debt to assets is settled at the value of 34.80 with long-term debt to equity ratio rests at 76.24 and long-term debt to capital is 42.94.
EBITDA value lies at +95.24 M with total debt to EBITDA carrying the value of 3.31. The value for Enterprise to Sales is 0.43 with debt to enterprise value settled at 0.38. The receivables turnover for Commercial Metals Company is 6.38 with the total asset turnover at the value of 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.83.