Core & Main, Inc. (CNM)
| Market Cap | 9.60B |
| Revenue (ttm) | 7.44B |
| Net Income (ttm) | 411.00M |
| Shares Out | 197.89M |
| EPS (ttm) | 2.13 |
| PE Ratio | 22.77 |
| Forward PE | 19.80 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,285,387 |
| Open | 49.56 |
| Previous Close | 49.93 |
| Day's Range | 47.91 - 49.97 |
| 52-Week Range | 37.22 - 62.15 |
| Beta | 1.05 |
| Analysts | Buy |
| Price Target | 56.50 (+16.5%) |
| Earnings Date | Mar 25, 2025 |
About CNM
Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services in the United States. Its products portfolio include pipes, valves, hydrants, fittings, and other products and services used for service, repair and replacement of underground water infrastructure; storm drainage products, such as corrugated HDPE and metal piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection... [Read more]
Financial Performance
In 2024, Core & Main's revenue was $7.44 billion, an increase of 11.03% compared to the previous year's $6.70 billion. Earnings were $411.00 million, an increase of 10.78%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CNM stock is "Buy." The 12-month stock price forecast is $56.5, which is an increase of 16.50% from the latest price.
News
Core & Main: Rating Downgrade On Uncertain FY25 Outlook
I downgraded Core & Main to hold due to macro uncertainty and a soft FY25 outlook, despite Q4-24 results being in line. Organic growth stalled with just 1.5% y/y in Q4-24; FY25 revenue guidance implie...
Core & Main, Inc. (CNM) Q4 2024 Earnings Call Transcript
Core & Main, Inc. (NYSE:CNM) Q4 2024 Earnings Conference Call March 25, 2025 8:30 AM ET Company Participants Robyn Bradbury - SVP of Finance, IR Steve LeClair - Chair and CEO Mark Witkowski - CFO Con...
US Stocks Mixed; Core & Main Posts Downbeat Earnings
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 0.1% on Tuesday.
Core & Main Misses Q4 Earnings Estimates, Changes Leadership As Sales Reach $1.7 Billion
On Tuesday, Core & Main Inc. CNM reported fourth-quarter earnings of 33 cents per share, missing the consensus of 36 cents.
Core & Main Announces Fiscal 2024 Fourth Quarter and Full-Year Results
ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2024 Fourth Quarter and Full-Year Results.
Core & Main Announces Leadership Transition
ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Leadership Transition.
Top Wall Street Forecasters Revamp Core & Main Price Expectations Ahead Of Q4 Earnings
Core & Main, Inc. CNM will release its first-quarter financial results, before the opening bell, on Tuesday, March 25.
Core & Main to Announce Fiscal 2024 Fourth Quarter and Full-Year Results
ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2024 Fourth Quarter and Full-Year Results.
Core & Main: Good Growth Prospects And Attractively Valued
Core & Main, Inc. (CNM) has strong growth prospects due to aging infrastructure, reshoring trends, and a recovering residential market as interest rates decline. The company's margin outlook is positi...
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...
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...
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...
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...
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.
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...
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.
Core & Main Announces Record Fiscal 2024 Third Quarter Results
ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Record Fiscal 2024 Third Quarter Results.
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.
Core & Main to Announce Fiscal 2024 Third Quarter Results
ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2024 Third Quarter Results.
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.
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.
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.
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.
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.
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