Core & Main, Inc. (CNM)

NYSE: CNM · IEX Real-Time Price · USD
24.54 0.09 (0.37%)
Jan 18, 2022 4:01 PM EST - Market closed
Market Cap3.93B
Revenue (ttm)3.64B
Net Income (ttm)44.50M
Shares Out160.07M
EPS (ttm)0.32
PE Ratio76.93
Forward PE22.73
Dividendn/a
Ex-Dividend Daten/a
Volume1,152,769
Open23.90
Previous Close24.45
Day's Range23.70 - 24.88
52-Week Range20.00 - 32.54
Betan/a
AnalystsBuy
Price Target33.75 (+37.5%)
Earnings Daten/a

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 include castings, clamps, couplings and tapping sleeves, drainage products, fittings, meters, pipe and pipe accessories, pumps and parts, restraints, safety and paint, service materials, tools, and valves and hydrants, as well as irrigation and other products; and...

IndustryIndustrial Distribution
IPO DateJul 23, 2021
Employees3,700
Stock ExchangeNYSE
Ticker SymbolCNM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for Core & Main stock is "Buy." The 12-month stock price forecast is 33.75, which is an increase of 37.53% from the latest price.

Price Target
$33.75
(37.53% upside)
Analyst Consensus: Buy

News

Here's Why You Should Consider Core & Main (CNM) Stock Now

Core & Main (CNM) is benefiting from solid demand across each of its end markets.

19 hours ago - Zacks Investment Research

Core & Main Announces Pricing of Secondary Offering

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Pricing of Secondary Offering

1 week ago - Business Wire

Core & Main Announces Launch of Secondary Offering

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Launch of Secondary Offering

2 weeks ago - Business Wire

Surging Earnings Estimates Signal Good News for Core & Main (CNM)

Core & Main (CNM) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

2 weeks ago - Zacks Investment Research

Core & Main (CNM) Sees Hammer Chart Pattern: Time to Buy?

Core & Main (CNM) has been struggling lately, but the selling pressure may be coming to an end soon.

1 month ago - Zacks Investment Research

Read How Analysts Reacted To Core & Main's Q3 Results

Credit Suisse analyst Jamie Cook raised Core & Main Inc (NYSE:CNM) price target to $40 (an upside of 42%) from $33 and maintained an Outperform rating on the shares. Cook notes that Core & Main was up a...

1 month ago - Benzinga

Core & Main Announces Fiscal 2021 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2021 Third Quarter Results

1 month ago - Business Wire

Core & Main to Announce Fiscal 2021 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2021 Third Quarter Results

1 month ago - Business Wire

Core & Main Completes Acquisition of Catalone Pipe & Supply

ST. LOUIS--(BUSINESS WIRE)--Core & Main expands waterworks footprint in Pennsylvania.

2 months ago - Business Wire

Core & Main Signs Definitive Agreement to Acquire Catalone Pipe & Supply

ST. LOUIS--(BUSINESS WIRE)--Core & Main signs deal to expand waterworks presence in Pennsylvania and add custom concrete catch basin product offering.

2 months ago - Business Wire

Core & Main Completes Acquisition of CES Industrial Piping Supply, LLC

ST. LOUIS--(BUSINESS WIRE)--Core & Main adds expertise in fusible pipe applications with acquisition of CES Industrial Piping Supply.

3 months ago - Business Wire

Core & Main Announces its Addition to the Russell 1000® Index

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces its Addition to the Russell 1000® Index

3 months ago - Business Wire

Core & Main To Acquire CES Industrial Piping Supply For Undisclosed Sum

Core & Main Inc. (NYSE: CNM) agreed to acquire substantially all of the assets of CES Industrial Piping Supply, a full-service provider of HDPE (high-density polyethylene) products and services, based i...

4 months ago - Benzinga

Core & Main Signs Definitive Agreement to Acquire CES Industrial Piping Supply

ST. LOUIS--(BUSINESS WIRE)--Core & Main to expand HDPE products and services.

4 months ago - Business Wire

Core & Main Price Target Raised At RBC Capital, Credit Suisse After Q2 Results

RBC Capital analyst Mike Dahl raised Core & Main Inc (NYSE:CNM) price target to $30 (implying an upside of 8.8%) from $28 and maintained a Sector Perform rating on the shares.  Dahl states company's nea...

4 months ago - Benzinga

Core & Main Sees Price Target Bumps From RBC Capital, Credit Suisse After Q2 Performance

RBC Capital analyst Mike Dahl raised Core & Main Inc (NYSE:CNM) price target to $30 (implying an upside of 8.8%) from $28 and maintained a Sector Perform rating on the shares.  Dahl states company's nea...

4 months ago - Benzinga

Core & Main Clocks 36% Sales Growth In Q2, Notes Margin Expansion

Core & Main Inc (NYSE: CNM) reported second-quarter FY21 sales growth of 35.7% year-over-year to ~$1.29 billion, attributable to strong volume growth and price inflation, with price inflation representi...

4 months ago - Benzinga

Core & Main Announces Fiscal 2021 Second Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2021 Second Quarter Results

4 months ago - Business Wire

Core & Main to Announce Fiscal 2021 Second Quarter Results on September 14, 2021

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced that...

4 months ago - Business Wire

Core & Main Completes Acquisition of L & M Bag & Supply Co.

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc., (NYSE: CNM) (together with its subsidiaries, “Core & Main”), a leading specialized distributor of water, wastewater, storm drainage and fire protection pro...

4 months ago - Business Wire

Core & Main Announces Closing of Over-Allotment Option in Connection with its Initial Public Offering

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced the ...

4 months ago - Business Wire

Core & Main Completes Acquisition of Pacific Pipe

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc. (NYSE: CNM) (together with its subsidiaries, “Core & Main”), a leading specialized distributor of water, wastewater, storm drainage and fire protection prod...

5 months ago - Business Wire

Core & Main stock rises in its debut, valuing company at more than $5.2 billion

Core & Main Inc. received a warm reception on Wall Street Friday, as the Missouri-based water, wastewater and fire protection products distributor's stock debuted on the NYSE 8.5% above the initial publ...

5 months ago - Market Watch