Core & Main, Inc. (CNM)
NYSE: CNM · IEX Real-Time Price · USD
51.47
-0.20 (-0.39%)
Jul 19, 2024, 4:02 PM EDT - Market closed

Core & Main Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Core & Main stock have an average target of 57.25, with a low estimate of 40 and a high estimate of 65. The average target predicts an increase of 11.23% from the current stock price of 51.47.

Analyst Consensus: Buy
Target Low Average Median High
Price $40 $57.25 $61 $65
Change -22.28% +11.23% +18.52% +26.29%
* Price targets were last updated on Jun 5, 2024.

Analyst Ratings

The average analyst rating for Core & Main stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 443331
Buy 566664
Hold 223333
Sell 000000
Strong Sell 000000
Total 11121212128

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$60
Buy Reiterates $60 +16.57% Jun 5, 2024
Truist Securities
Truist Securities
Hold
Maintains
$56$50
Hold Maintains $56$50 -2.86% Jun 5, 2024
Citigroup
Citigroup
Hold
Downgrades
$63$64
Hold Downgrades $63$64 +24.34% Apr 5, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$42$61
Hold Maintains $42$61 +18.52% Mar 26, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$48$63
Strong Buy Maintains $48$63 +22.40% Mar 21, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.64B
from 6.70B
Increased by 13.92%
Revenue Next Year
8.00B
from 7.64B
Increased by 4.82%
EPS This Year
2.48
from 2.15
Increased by 15.33%
EPS Next Year
2.80
from 2.48
Increased by 13.08%
Year 20192020202120222023202420252026
Revenue
3.39B3.64B5.00B6.65B6.70B7.64B8.00B8.60B
Revenue Growth
5.85%7.47%37.40%32.91%0.77%13.92%4.82%7.45%
EPS
0.450.480.552.132.152.482.803.12
EPS Growth
12.50%6.67%14.58%287.27%0.94%15.33%13.08%11.35%
Forward PE
-----20.7618.3616.49
No. Analysts -----13113
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 8.2B 8.6B 9.5B
Avg 7.6B 8.0B 8.6B
Low 7.3B 7.5B 7.9B

Revenue Growth

Revenue Growth 202420252026
High
21.8%
12.5%
18.1%
Avg
13.9%
4.8%
7.4%
Low
9.3%
-1.6%
-1.7%

EPS Forecast

EPS 202420252026
High 2.79 3.24 3.33
Avg 2.48 2.80 3.12
Low 2.32 2.55 2.95

EPS Growth

EPS Growth 202420252026
High
29.9%
30.9%
18.8%
Avg
15.3%
13.1%
11.4%
Low
8.0%
2.8%
5.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.