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Commercial Metals Company (CMC)

Stock Price: $22.18 USD -0.04 (-0.18%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 2.64B
Revenue (ttm) 5.61B
Net Income (ttm) 297.99M
Shares Out 119.07M
EPS (ttm) 2.48
PE Ratio 8.94
Forward PE 10.12
Dividend $0.48
Dividend Yield 2.16%

Stock Quote

Trading Day Aug 14, 2020
Last Price $22.18
Previous Close $22.22
Change ($) -0.04
Change (%) -0.18%
Day's Open 22.00
Day's Range 21.77 - 22.43
Day's Volume 1,182,917
52-Week Range 10.76 - 24.04

More Stats

Market Cap 2.64B
Enterprise Value 3.35B
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date Apr 3, 2020
Shares Outstanding 119.07M
Float 117.75M
EPS (basic) 2.51
EPS (diluted) 2.48
FCF / Share 5.22
Dividend $0.48
Dividend Yield 2.16%
Earnings Yield 11.18%
FCF Yield 23.54%
Payout Ratio n/a
Shares Short 6.87M
Short Ratio 6.39
Short % of Float 7.42%
Beta 1.39
PE Ratio 8.94
Forward PE 10.12
P/FCF Ratio 4.25
PS Ratio 0.47
PB Ratio 1.47
Revenue 5.61B
Operating Income 452.78M
Net Income 297.99M
Free Cash Flow 621.66M
Net Cash -708.96M
Net Cash / Share -5.95
Gross Margin 14.51%
Operating Margin 8.07%
Profit Margin 5.30%
FCF Margin 11.08%
ROA 8.43%
ROE 17.62%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 4
Overweight 0
Hold 4
Underweight 1
Sell 0

Analyst Consensus: Overweight

Price Target

$22.84*
(2.98% upside)
Low
20.0
Current: $22.18
High
25.0
Target: 22.84
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue5,8294,6443,8443,5965,4246,7906,6017,6567,6676,277
Revenue Growth25.52%20.8%6.9%-33.71%-20.12%2.87%-13.78%-0.14%22.14%-
Gross Profit803622521574597694649717629426
Operating Income34020613215017324220523495.95-87.21
Net Income19813946.3354.7679.4411377.32207-130-205
Shares Outstanding118117116115116118117116116114
Earnings Per Share1.661.170.390.470.670.950.661.78-1.12-1.81
EPS Growth41.88%200%-17.02%-29.85%-29.47%43.94%-62.92%---
Dividend Per Share0.480.480.480.480.480.480.480.480.480.48
Dividend Growth0%0%0%0%0%0%0%0%0%-
Operating Cash Flow37.00-434-52358731313714819627.7544.91
Capital Expenditures-135-167-210-158-105-84.18-75.13-58.49-19.82-104
Free Cash Flow-97.92-600-73342920952.7672.601387.93-59.32
Cash & Equivalents192622253518485435379262222399
Total Debt1,2451,1588251,0711,3021,3011,2901,1861,2331,244
Net Cash / Debt-1,052-536-572-554-817-866-911-923-1,010-845
Assets3,7593,3282,9753,1313,4403,6893,4953,4413,6833,706
Liabilities2,1351,8351,5741,7632,0592,3402,2252,1952,5222,453
Book Value1,6241,4931,4011,3671,3811,3481,2701,2461,1601,251
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Commercial Metals Company
Country United States
Employees 11,524
CEO Barbara R. Smith

Stock Information

Ticker Symbol CMC
Stock Exchange New York Stock Exchange
Sector Basic Materials
Industry Steel
Unique Identifier NYSE: CMC
IPO Date January 1, 1987

Description

Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. It operates through four segments: Americas Recycling, Americas Mills, Americas Fabrication, and International Mill. The Americas Recycling segment processes and sells scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. The Americas Mills segment manufactures finished long steel products, including reinforcing bars (rebars), merchant bars, light structural products, and other special sections, as well as semi-finished billets for re-rolling and forging applications. This segment sells its products to the construction, service center, transportation, steel warehousing, fabrication, energy, petrochemical, and original equipment manufacturing industries. The Americas Fabrication segment offers fabricated steel products for use primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams. The International Mill segment manufactures rebars, merchant bars, and wire rods, as well as semi-finished billets; and sells fabricated rebars, fabricated meshes, assembled rebar cages, and other rebar by-products primarily to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.