Core & Main, Inc. (CNM)

NYSE: CNM · IEX Real-Time Price · USD
20.68
-0.06 (-0.29%)
Dec 9, 2022 4:00 PM EST - Market closed
-0.29%
Market Cap 5.19B
Revenue (ttm) 5.00B
Net Income (ttm) 166.00M
Shares Out 167.88M
EPS (ttm) 1.91
PE Ratio 10.83
Forward PE 10.26
Dividend n/a
Ex-Dividend Date n/a
Volume 562,461
Open 20.62
Previous Close 20.74
Day's Range 20.54 - 20.84
52-Week Range 19.85 - 32.54
Beta n/a
Analysts Buy
Price Target 32.64 (+57.8%)
Earnings Date Dec 13, 2022

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 pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, and other related products; fire protection products, includin... [Read more]

Industry Industrial Distribution
IPO Date Jul 23, 2021
Employees 4,100
Stock Exchange NYSE
Ticker Symbol CNM
Full Company Profile

Financial Performance

In 2021, Core & Main's revenue was $5.00 billion, an increase of 37.40% compared to the previous year's $3.64 billion. Earnings were $166.00 million, an increase of 348.65%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CNM stock is "Buy." The 12-month stock price forecast is 32.64, which is an increase of 57.83% from the latest price.

Price Target
$32.64
(57.83% upside)
Analyst Consensus: Buy
Stock Forecasts

News

4 Stocks You'll Regret Not Buying at Their Current Price Levels

Investors trying to hop on the "Buy the Dip" opportunity while avoiding risky bets could have a look at WPP, JAMF, CVT and CNM.

Other symbols: CVTJAMFWPP
3 days ago - Zacks Investment Research

Core & Main Completes Acquisition of Lanier Municipal Supply Co. Inc.

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

4 days ago - Business Wire

3 Waste Removal Services Stocks to Watch Amid Industry Challenges

The Zacks Waste Removal Services industry is expected to thrive as waste generation increases with the reopening of the economy and the resumption of business activities. RSG, CLH, CNM are well poised t...

Other symbols: CLHRSG
1 week ago - Zacks Investment Research

Core & Main to Announce Fiscal 2022 Third Quarter Results

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, will issue its fina...

1 week ago - Business Wire

Core & Main (CNM) Upgraded to Strong Buy: Here's Why

Core & Main (CNM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

2 weeks ago - Zacks Investment Research

Core & Main Signs Agreement to Acquire Lanier Municipal Supply Co. Inc.

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

1 month ago - Business Wire

Core & Main Completes Acquisition of Distributors, Inc.

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, has closed its previ...

1 month ago - Business Wire

Core & Main Completes Acquisition of Ohio-Based Waterworks Company

ST. LOUIS--(BUSINESS WIRE)--Core & Main expands waterworks presence in Ohio and Pennsylvania.

2 months ago - Business Wire

Core & Main Signs Agreement to Acquire Distributors, Inc.

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, has entered into a d...

2 months ago - Business Wire

Core & Main stock falls after upsized share offering priced at 5% discount

Shares of Core & Main Inc. CNM, +1.09% sank 7.3% in premarket trading Friday, after the distributor of water, storm drainage and fire protection products said its upsized stock offering priced at $23.75...

2 months ago - Market Watch

Core & Main Announces Upsize and Pricing of Secondary Offering

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

2 months ago - Business Wire

Core & Main Announces Secondary Offering

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

2 months ago - Business Wire

Best Momentum Stocks to Buy for September 15th

CDNS, KEYS and CNM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 15, 2022.

Other symbols: CDNSKEYS
2 months ago - Zacks Investment Research

Core & Main (CNM) Q2 Earnings and Revenues Beat Estimates

Core & Main (CNM) delivered earnings and revenue surprises of 67.92% and 8.29%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Core & Main Announces Record Fiscal 2022 Second Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Record Fiscal 2022 Second Quarter Results

2 months ago - Business Wire

Core & Main Elects Robert M. Buck to Board

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage, fire protection products and related services, has elected Robert M. Bu...

3 months ago - Business Wire

Core & Main (CNM) Reports Next Week: Wall Street Expects Earnings Growth

Core & Main (CNM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Core & Main to Announce Fiscal 2022 Second Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2022 Second Quarter Results

3 months ago - Business Wire

Core & Main Signs Agreement to Acquire Ohio-Based Waterworks Company

ST. LOUIS--(BUSINESS WIRE)--Core & Main expands water works presence in Ohio.

3 months ago - Business Wire

Can Core & Main (CNM) Keep the Earnings Surprise Streak Alive?

Core & Main (CNM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 months ago - Zacks Investment Research

Core & Main Completes Acquisition of Inland Water Works Supply Co.

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

4 months ago - Business Wire

Core & Main Signs Agreement to Acquire Inland Water Works Supply Co.

ST. LOUIS--(BUSINESS WIRE)--Core & Main expands waterworks presence in Southern California.

4 months ago - Business Wire

How Much Upside is Left in Core & Main (CNM)? Wall Street Analysts Think 28%

The average of price targets set by Wall Street analysts indicates a potential upside of 27.9% in Core & Main (CNM). While the effectiveness of this highly sought-after metric is questionable, the posit...

4 months ago - Zacks Investment Research

Core & Main Completes Acquisition of Earthsavers Erosion Control

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

5 months ago - Business Wire

Best Growth Stocks to Buy for June 17th

CDNS, CNM, and LUV made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 17, 2022.

Other symbols: CDNSLUV
5 months ago - Zacks Investment Research