Commercial Metals (NYSE:CMC – Get Free Report) is projected to post its Q3 2025 quarterly earnings results before the market opens on Monday, June 23rd. Analysts expect Commercial Metals to post earnings of $0.71 per share and revenue of $2.04 billion for the quarter.
Commercial Metals (NYSE:CMC – Get Free Report) last posted its earnings results on Thursday, March 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.05). The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.73 billion. Commercial Metals had a return on equity of 8.23% and a net margin of 0.94%. Commercial Metals’s revenue was down 5.1% compared to the same quarter last year. During the same period last year, the business earned $0.88 EPS. On average, analysts expect Commercial Metals to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Commercial Metals Price Performance
CMC stock opened at $48.62 on Friday. The business has a fifty day moving average of $46.57 and a two-hundred day moving average of $48.37. The company has a quick ratio of 1.94, a current ratio of 2.82 and a debt-to-equity ratio of 0.29. The stock has a market cap of $5.49 billion, a price-to-earnings ratio of 81.03, a price-to-earnings-growth ratio of 2.77 and a beta of 1.27. Commercial Metals has a 52-week low of $37.92 and a 52-week high of $64.53.
Commercial Metals Dividend Announcement
Wall Street Analyst Weigh In
CMC has been the subject of a number of recent analyst reports. Jefferies Financial Group reiterated a “buy” rating on shares of Commercial Metals in a research report on Friday. BMO Capital Markets lowered their price target on shares of Commercial Metals from $58.00 to $54.00 and set a “market perform” rating for the company in a report on Friday, March 21st. UBS Group reiterated a “neutral” rating on shares of Commercial Metals in a report on Friday. Wolfe Research raised Commercial Metals from a “peer perform” rating to an “outperform” rating in a report on Friday. Finally, JPMorgan Chase & Co. started coverage on Commercial Metals in a report on Friday, May 30th. They issued a “neutral” rating and a $52.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $58.00.
Get Our Latest Analysis on CMC
Insider Activity
In related news, Director John R. Mcpherson acquired 2,475 shares of the firm’s stock in a transaction on Friday, April 4th. The stock was bought at an average price of $40.42 per share, for a total transaction of $100,039.50. Following the completion of the purchase, the director now directly owns 15,141 shares of the company’s stock, valued at approximately $611,999.22. The trade was a 19.54% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.46% of the company’s stock.
Institutional Trading of Commercial Metals
Large investors have recently made changes to their positions in the company. Amundi boosted its position in shares of Commercial Metals by 13.3% in the 1st quarter. Amundi now owns 2,480 shares of the basic materials company’s stock valued at $114,000 after purchasing an additional 291 shares during the period. Jones Financial Companies Lllp grew its position in shares of Commercial Metals by 614.9% during the first quarter. Jones Financial Companies Lllp now owns 11,767 shares of the basic materials company’s stock worth $541,000 after acquiring an additional 10,121 shares during the last quarter. Empowered Funds LLC grew its position in shares of Commercial Metals by 1.8% during the first quarter. Empowered Funds LLC now owns 53,305 shares of the basic materials company’s stock worth $2,453,000 after acquiring an additional 941 shares during the last quarter. Royal Bank of Canada grew its position in shares of Commercial Metals by 1.4% during the first quarter. Royal Bank of Canada now owns 90,989 shares of the basic materials company’s stock worth $4,186,000 after acquiring an additional 1,219 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Commercial Metals by 2.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,580 shares of the basic materials company’s stock worth $15,624,000 after acquiring an additional 9,526 shares during the last quarter. 86.90% of the stock is owned by institutional investors and hedge funds.
About Commercial Metals
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.
Recommended Stories
- Five stocks we like better than Commercial Metals
- What Are the FAANG Stocks and Are They Good Investments?
- New All-Time Highs Coming for Broadcom? Wall Street Says Yes
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Overheated Market? Analysts Watch These Red Flags
- What is the Hang Seng index?
- 3 Reasons AMD Could Be the Hottest Stock of the Summer
Receive News & Ratings for Commercial Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Metals and related companies with MarketBeat.com's FREE daily email newsletter.