Commercial Metals Company (CMC)
NYSE: CMC · Real-Time Price · USD
50.27
-1.41 (-2.73%)
Jan 22, 2025, 4:00 PM EST - Market closed
Commercial Metals Company Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for CMC stock have an average target of 63.83, with a low estimate of 54 and a high estimate of 75. The average target predicts an increase of 26.97% from the current stock price of 50.27.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CMC stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 4 | 4 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 0 |
| Total | 5 | 6 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Sell → Hold Upgrades $56 → $54 | Strong Sell → Hold | Upgrades | $56 → $54 | +7.42% | Jan 10, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $65 → $62 | Strong Buy | Maintains | $65 → $62 | +23.33% | Jan 6, 2025 |
| BMO Capital | BMO Capital | Hold Maintains $62 → $58 | Hold | Maintains | $62 → $58 | +15.38% | Jan 3, 2025 |
| UBS | UBS | Strong Buy → Strong Sell Downgrades $62 → $56 | Strong Buy → Strong Sell | Downgrades | $62 → $56 | +11.40% | Dec 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $75 | Strong Buy | Initiates | $75 | +49.19% | Dec 2, 2024 |
Financial Forecast
Revenue This Year
7.93B
from 7.93B
Increased by 0.08%
Revenue Next Year
8.61B
from 7.93B
Increased by 8.59%
EPS This Year
3.92
from 4.14
Decreased by -5.43%
EPS Next Year
4.75
from 3.92
Increased by 21.30%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.9B | 9.5B | 10.1B |
| Avg | 7.9B | 8.6B | 8.9B |
| Low | 7.2B | 7.9B | 8.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 12.6% | 19.9% | 17.3% |
| Avg | 0.1% | 8.6% | 3.1% |
| Low | -8.8% | -0.1% | -7.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.80 | 5.49 | 5.97 |
| Avg | 3.92 | 4.75 | 4.96 |
| Low | 3.43 | 3.66 | 4.26 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 15.9% | 40.3% | 25.8% |
| Avg | -5.4% | 21.3% | 4.4% |
| Low | -17.1% | -6.6% | -10.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.