Core & Main, Inc. (CNM)

NYSE: CNM · Real-Time Price · USD
51.03
0.00 (0.00%)
At close: Dec 27, 2024
0.00%
Market Cap 10.14B
Revenue (ttm) 7.18B
Net Income (ttm) 410.00M
Shares Out 198.67M
EPS (ttm) 2.11
PE Ratio 24.17
Forward PE 21.26
Dividend n/a
Ex-Dividend Date n/a
Volume 262,541
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range 37.22 - 62.15
Beta 1.04
Analysts Buy
Price Target 57.30 (+12.29%)
Earnings Date Dec 3, 2024

About CNM

Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products portfolio include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire pr... [Read more]

Sector Industrials
IPO Date Jul 23, 2021
Employees 5,000
Stock Exchange NYSE
Ticker Symbol CNM
Full Company Profile

Financial Performance

In 2023, Core & Main's revenue was $6.70 billion, an increase of 0.77% compared to the previous year's $6.65 billion. Earnings were $371.00 million, an increase of 1.37%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CNM stock is "Buy." The 12-month stock price forecast is $57.3, which is an increase of 12.29% from the latest price.

Price Target
$57.3
(12.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Immokalee Water & Sewer District Modernizes with Xylem Digital Solutions

WASHINGTON--(BUSINESS WIRE)--The Immokalee Water & Sewer District in Collier County, Fla. selected Xylem (NYSE: XYL) and Core & Main (NYSE: CNM) to advance its digital transformation initiative. The u...

Other symbols: XYL
19 days ago - Business Wire

Core & Main's Good Q3 News Popular With Investors

Core & Main, Inc. experienced a 15.51% stock price surge due to strong Q3 results, driven by 12% sales growth from organic growth and acquisitions. I maintain a Strong Buy rating on CNM stock with a o...

25 days ago - Seeking Alpha

Core & Main: Demand Outlook For FY25 Is Positive

I reiterate a buy rating for CNM due to strong 3Q24 results, upgraded FY24 guidance, and a positive demand outlook for FY25. CNM's 3Q24 revenue of $2.038 billion and adj EBITDA of $277 million beat co...

25 days ago - Seeking Alpha

Core & Main: Despite A Stellar Quarter, Market-Beating Upside Is Unlikely

Core & Main's Q3 2024 results exceeded expectations, with revenue up 11.5% to $2.04 billion and EPS rising from $0.65 to $0.69. Despite strong performance, mixed cash flow metrics and high valuation j...

25 days ago - Seeking Alpha

Core & Main Stock Soars on Strong Results, Boosted Outlook

Core & Main (CNM) shares soared 15% Tuesday as the company reported better-than-expected results and raised its outlook as it benefited from acquisitions.

26 days ago - Investopedia

Core & Main, Inc. (CNM) Q3 2024 Earnings Call Transcript

Core & Main, Inc. (NYSE:CNM) Q3 2024 Earnings Conference Call December 3, 2024 9:00 AM ET Company Participants Robyn Bradbury - IR Steve LeClair - Chair and CEO Mark Witkowski - CFO Conference Call P...

26 days ago - Seeking Alpha

Dow Falls Over 50 Points; Core & Main Posts Upbeat Earnings

U.S. stocks traded mostly lower this morning, with the Dow Jones index falling more than 50 points on Tuesday.

27 days ago - Benzinga

Core & Main Announces Record Fiscal 2024 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Record Fiscal 2024 Third Quarter Results.

27 days ago - Business Wire

Core & Main Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core & Main, Inc. CNM will release earnings results for the third quarter, before the opening bell on Tuesday, Dec. 3.

27 days ago - Benzinga

Core & Main to Announce Fiscal 2024 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2024 Third Quarter Results.

5 weeks ago - Business Wire

Core & Main Completes Acquisition of ARGCO Northeast LLC

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. has closed its previously announced acquisition of ARGCO Northeast LLC, a distributor of fire protection products.

7 weeks ago - Business Wire

Core & Main Completes Acquisition of Eastcom Associates Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. has closed its previously announced acquisition of substantially all of the assets of Eastcom Associates Inc.

2 months ago - Business Wire

Core & Main Signs Agreement to Acquire ARGCO Northeast LLC

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into an agreement to acquire substantially all the assets of ARGCO Northeast LLC, a distributor of fire protection products.

2 months ago - Business Wire

Core & Main Signs Agreement to Acquire Eastcom Associates Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into a definitive agreement to acquire Eastcom Associates Inc., a distributor of underground utility protection equipment.

2 months ago - Business Wire

Core & Main Completes Acquisition of Green Equipment Company

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. has closed its previously announced acquisition of substantially all of the assets of Green Equipment Company.

3 months ago - Business Wire

Top 3 Industrials Stocks That May Rocket Higher In Q3

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: CARGOGL
3 months ago - Benzinga

Core & Main: 40% Selloff Since May, But I Am Not Buying Yet

Core & Main faces significant headwinds, including weather disruptions, lower steel pipe prices, and a slowdown in commercial projects, impacting their recent performance. Despite a solid share buybac...

3 months ago - Seeking Alpha

Core & Main Completes Acquisition of GroGreen Solutions Georgia LLC

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. has closed its previously announced acquisition of substantially all of the assets of GroGreen Solutions Georgia, LLC.

3 months ago - Business Wire

Infrastructure Firm Core & Main's Stock Drops After Results Miss Estimates, Outlook Cut

Shares of Core & Main (CNM), which supplies pipes for water, wastewater and other uses, posted worse-than-expected results and cut its outlook after it said bad weather and economic conditions affecte...

4 months ago - Investopedia

Core & Main, Inc. (CNM) Q2 2024 Earnings Call Transcript

Core & Main, Inc. (NYSE:CNM) Q2 2024 Earnings Call Transcript September 4, 2024 8:30 AM ET Company Participants Robyn Bradbury - IR Steve LeClair - Chair and CEO Brad Cowles - President Mark Witkowsk...

4 months ago - Seeking Alpha

Core & Main's stock drops 13% as earnings and revenue fall short

Core & Main Inc.'s stock fell about 13% on Wednesday after the St. Louis-based water, wastewater and drainage-supply distributor's earnings fell short of analyst estimates and warned that “significant...

4 months ago - Market Watch

Core & Main Reports Downbeat Results, Joins Rev Group, PagerDuty, Dollar Tree And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Nasdaq futures dipping over 100 points on Wednesday.

Other symbols: DLTRPDREVG
4 months ago - Benzinga

Core & Main Announces Fiscal 2024 Second Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2024 Second Quarter Results.

4 months ago - Business Wire

Core & Main to Announce Fiscal 2024 Second Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2024 Second Quarter Results.

4 months ago - Business Wire

Core & Main Signs Agreement to Acquire Green Equipment Company

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. has entered into an agreement to acquire substantially all the assets of Green Equipment Company, based in Fort Worth, Texas.

4 months ago - Business Wire