Commercial Metals Co (NYSE: CMC) has a price-to-earnings ratio of 44.13x that is above its average ratio. Additionally, the 36-month beta value for CMC is 1.18. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
The public float for CMC is 112.62M and currently, short sellers hold a 3.12% ratio of that float. The average trading volume of CMC on January 31, 2025 was 991.28K shares.
CMC) stock’s latest price update
Commercial Metals Co (NYSE: CMC) has seen a decline in its stock price by -1.84 in relation to its previous close of 49.91. However, the company has experienced a -2.66% decline in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-17 that VANCOUVER, British Columbia, Jan. 17, 2025 (GLOBE NEWSWIRE) — CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) (“CMC” or the “Company”) is clarifying the contract it had with Fundamental Research Corporation (“FRC”) and in particular the resultant work from that contract announced on January 15, 2025.
CMC’s Market Performance
Commercial Metals Co (CMC) has experienced a -2.66% fall in stock performance for the past week, with a -2.24% drop in the past month, and a -9.80% drop in the past quarter. The volatility ratio for the week is 2.89%, and the volatility levels for the past 30 days are at 3.10% for CMC. The simple moving average for the last 20 days is -1.34% for CMC stock, with a simple moving average of -10.22% for the last 200 days.
Analysts’ Opinion of CMC
Many brokerage firms have already submitted their reports for CMC stocks, with UBS repeating the rating for CMC by listing it as a “Neutral.” The predicted price for CMC in the upcoming period, according to UBS is $54 based on the research report published on January 10, 2025 of the current year 2025.
Morgan Stanley gave a rating of “Equal-Weight” to CMC, setting the target price at $65 in the report published on December 19th of the previous year.
CMC Trading at -10.13% from the 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, the company was unable to rebound, for now settling with -24.08% of loss for the given period.
Volatility was left at 3.10%, however, over the last 30 days, the volatility rate increased by 2.89%, as shares sank -0.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.57% lower at present.
During the last 5 trading sessions, CMC fell by -2.66%, which changed the moving average for the period of 200-days by -11.25% in comparison to the 20-day moving average, which settled at $49.65. In addition, Commercial Metals Co saw -1.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CMC starting from Smith Barbara, who proposed sale 55,975 shares at the price of $54.43 back on Oct 29 ’24. After this action, Smith Barbara now owns shares of Commercial Metals Co, valued at $3,046,668 using the latest closing price.
Smith Barbara, the Former Officer of Commercial Metals Co, proposed sale 71,777 shares at $55.38 during a trade that took place back on Oct 21 ’24, which means that Smith Barbara is holding shares at $3,975,358 based on the most recent closing price.
Stock Fundamentals for CMC
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.16 for the gross margin
The net margin for Commercial Metals Co stands at 0.02. The total capital return value is set at 0.08. Equity return is now at value 3.24, with 1.98 for asset returns.
Based on Commercial Metals Co (CMC), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.72. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 10.01.
Currently, EBITDA for the company is 963.93 million with net debt to EBITDA at 0.65. When we switch over and look at the enterprise to sales, we see a ratio of 0.75. The receivables turnover for the company is 7.08for trailing twelve months and the total asset turnover is 1.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.76.
Conclusion
In conclusion, Commercial Metals Co (CMC) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
