Core & Main Inc (NYSE: CNM)’s stock price has plunge by -2.88relation to previous closing price of 55.80. Nevertheless, the company has seen a -4.47% plunge in its stock price over the last five trading sessions. zacks.com reported 2025-01-28 that In the most recent trading session, Core & Main (CNM) closed at $56.73, indicating a +1.21% shift from the previous trading day.
Is It Worth Investing in Core & Main Inc (NYSE: CNM) Right Now?
The price-to-earnings ratio for Core & Main Inc (NYSE: CNM) is above average at 25.52x, Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for CNM is 189.66M, and currently, short sellers hold a 6.99% ratio of that floaft. The average trading volume of CNM on February 04, 2025 was 2.36M shares.
CNM’s Market Performance
CNM stock saw an increase of -4.47% in the past week, with a monthly gain of 5.58% and a quarterly increase of 22.39%. The volatility ratio for the week is 2.12%, and the volatility levels for the last 30 days are 2.52% for Core & Main Inc (CNM). The simple moving average for the past 20 days is -0.92% for CNM’s stock, with a 8.03% simple moving average for the past 200 days.
Analysts’ Opinion of CNM
Many brokerage firms have already submitted their reports for CNM stocks, with Wells Fargo repeating the rating for CNM by listing it as a “Overweight.” The predicted price for CNM in the upcoming period, according to Wells Fargo is $52 based on the research report published on September 23, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see CNM reach a price target of $64, previously predicting the price at $63. The rating they have provided for CNM stocks is “Neutral” according to the report published on April 05th, 2024.
Citigroup gave a rating of “Buy” to CNM, setting the target price at $48 in the report published on January 08th of the previous year.
CNM Trading at 3.54% from the 50-Day Moving Average
After a stumble in the market that brought CNM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.80% of loss for the given period.
Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 2.12%, as shares surge +3.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.61% upper at present.
During the last 5 trading sessions, CNM fell by -5.29%, which changed the moving average for the period of 200-days by -1.90% in comparison to the 20-day moving average, which settled at $54.68. In addition, Core & Main Inc saw 6.45% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CNM starting from Whittenburg Mark G, who sale 48,026 shares at the price of $55.13 back on Jan 16 ’25. After this action, Whittenburg Mark G now owns 7,667 shares of Core & Main Inc, valued at $2,647,659 using the latest closing price.
Whittenburg Mark G, the General Counsel and Secretary of Core & Main Inc, sale 1,974 shares at $55.29 during a trade that took place back on Jan 15 ’25, which means that Whittenburg Mark G is holding 7,667 shares at $109,134 based on the most recent closing price.
Stock Fundamentals for CNM
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.26 for the gross margin
The net margin for Core & Main Inc stands at 0.06. The total capital return value is set at 0.14. Equity return is now at value 23.84, with 7.27 for asset returns.
Based on Core & Main Inc (CNM), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.57. The interest coverage ratio of the stock is 5.86.
Currently, EBITDA for the company is 894.0 million with net debt to EBITDA at 2.94. When we switch over and look at the enterprise to sales, we see a ratio of 1.8. The receivables turnover for the company is 5.21for 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 2.14.
Conclusion
In a nutshell, Core & Main Inc (CNM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
