Core & Main Inc (NYSE: CNM)’s stock price has gone decline by -1.48 in comparison to its previous close of 54.84, however, the company has experienced a -0.83% decrease in its stock price over the last five trading days. zacks.com reported 2025-02-11 that In the latest trading session, Core & Main (CNM) closed at $54.84, marking a +0.26% move from the previous day.
Is It Worth Investing in Core & Main Inc (NYSE: CNM) Right Now?
Core & Main Inc (NYSE: CNM) has a higher price-to-earnings ratio of 25.45x compared to its average ratio. CNM has 36-month beta value of 1.03. Analysts have mixed views 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 187.39M, and currently, short sellers hold a 6.96% ratio of that float. The average trading volume of CNM on February 13, 2025 was 2.22M shares.
CNM’s Market Performance
The stock of Core & Main Inc (CNM) has seen a -0.83% decrease in the past week, with a 4.41% rise in the past month, and a 23.98% gain in the past quarter. The volatility ratio for the week is 2.14%, and the volatility levels for the past 30 days are at 2.34% for CNM.. The simple moving average for the past 20 days is -2.90% for CNM’s stock, with a 7.74% 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 1.21% 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 -13.07% of loss for the given period.
Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares surge +0.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.69% upper at present.
During the last 5 trading sessions, CNM fell by -0.83%, which changed the moving average for the period of 200-days by -4.79% in comparison to the 20-day moving average, which settled at $55.64. In addition, Core & Main Inc saw 6.13% 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 Cowles Bradford A, who sale 25,000 shares at the price of $54.48 back on Feb 10 ’25. After this action, Cowles Bradford A now owns 16,010 shares of Core & Main Inc, valued at $1,362,082 using the latest closing price.
Whittenburg Mark G, the General Counsel and Secretary of Core & Main Inc, sale 48,026 shares at $55.13 during a trade that took place back on Jan 16 ’25, which means that Whittenburg Mark G is holding 7,667 shares at $2,647,659 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
To put it simply, Core & Main Inc (CNM) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.
