Core & Main, Inc. (CNM)
NYSE: CNM · IEX Real-Time Price · USD
57.39
+0.64 (1.13%)
Apr 26, 2024, 3:20 PM EDT - Market open
Core & Main Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Core & Main stock have an average target of 49.33, with a low estimate of 28 and a high estimate of 65. The average target predicts a decrease of -14.04% from the current stock price of 57.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Core & Main stock from 12 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 3 |
| Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Hold | 3 | 3 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $63 → $64 | Strong Buy → Hold | Downgrades | $63 → $64 | +11.52% | Apr 5, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $42 → $61 | Hold | Maintains | $42 → $61 | +6.29% | Mar 26, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $48 → $63 | Strong Buy | Maintains | $48 → $63 | +9.78% | Mar 21, 2024 |
| Truist Securities | Truist Securities | Hold Reiterates $38 | Hold | Reiterates | $38 | -33.79% | Mar 20, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $59 → $60 | Buy | Maintains | $59 → $60 | +4.55% | Mar 20, 2024 |
Financial Forecast
Revenue This Year
7.58B
from 6.70B
Increased by 13.12%
Revenue Next Year
7.98B
from 7.58B
Increased by 5.20%
EPS This Year
2.59
from 2.15
Increased by 20.37%
EPS Next Year
2.89
from 2.59
Increased by 11.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.1B | 8.6B | 9.4B |
| Avg | 7.6B | 8.0B | 8.7B |
| Low | 7.3B | 7.5B | 8.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.3% | 13.3% | 18.4% |
| Avg | 13.1% | 5.2% | 8.7% |
| Low | 8.5% | -0.9% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.88 | 3.22 | 3.51 |
| Avg | 2.59 | 2.89 | 3.37 |
| Low | 2.35 | 2.66 | 3.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 33.8% | 24.6% | 21.3% |
| Avg | 20.4% | 11.7% | 16.6% |
| Low | 9.4% | 2.6% | 13.2% |
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.