Core & Main, Inc. (CNM)
Market Cap | 9.55B |
Revenue (ttm) | 7.18B |
Net Income (ttm) | 410.00M |
Shares Out | 198.67M |
EPS (ttm) | 2.11 |
PE Ratio | 22.76 |
Forward PE | 20.02 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 761,736 |
Open | 48.13 |
Previous Close | 48.51 |
Day's Range | 47.51 - 48.26 |
52-Week Range | 37.22 - 62.15 |
Beta | 1.05 |
Analysts | Buy |
Price Target | 56.80 (+18.19%) |
Earnings Date | Mar 25, 2025 |
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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for CNM stock is "Buy." The 12-month stock price forecast is $56.8, which is an increase of 18.19% from the latest price.
News

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.

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.

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...

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.

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...

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...

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...

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.

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