Core & Main Inc (NYSE: CNM) is -0.81% lower on its value in year-to-date trading and has touched a low of $37.22 and a high of $62.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CNM stock was last observed hovering at around $51.64 in the last trading session, with the day’s loss setting it -1.14%.
Currently trading at $50.50, the stock is -0.70% and 2.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.91 million and changing -2.21% at the moment leaves the stock 3.20% off its SMA200. CNM registered -13.70% loss for a year compared to 6-month gain of 16.76%.
The stock witnessed a 11.23% loss in the last 1 month and extending the period to 3 months gives it a -7.31%, and is -4.14% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.59% over the week and 3.73% over the month.
Core & Main Inc (CNM) has around 5700 employees, a market worth around $9.99B and $7.44B in sales. Current P/E ratio is 23.74 and Fwd P/E is 18.14. Profit margin for the company is 5.52%. Distance from 52-week low is 35.68% and -18.74% from its 52-week high. The company has generated returns on investments over the last 12 months (9.99%).
The EPS is expected to grow by 13.56% this year
The shares outstanding are 189.82M, and float is at 189.75M with Short Float at 7.77%.
The top institutional shareholder in the company is BLACKROCK INC. with over 22.02 million shares valued at $1.08 billion. The investor’s holdings represent 11.4207 of the CNM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 18.1 million shares valued at $885.58 million to account for 9.3856 of the shares outstanding. The other top investors are SELECT EQUITY GROUP, L.P. which holds 15.43 million shares representing 8.0015 and valued at over $754.99 million, while PICTET ASSET MANAGEMENT HOLDING SA holds 4.1271 of the shares totaling 7.96 million with a market value of $389.42 million.
Core & Main Inc (CNM) Insider Activity
The most recent transaction is an insider sale by Stephens John Weldon, the company’s Chief Accounting Officer. SEC filings show that Stephens John Weldon sold 31,750 shares of the company’s common stock on Apr 29 ’25 at a price of $53.03 per share for a total of $1.68 million. Following the sale, the insider now owns 4120.0 shares.
Core & Main Inc disclosed in a document filed with the SEC on Apr 28 ’25 that Stephens John Weldon (Chief Accounting Officer) sold a total of 10,214 shares of the company’s common stock. The trade occurred on Apr 28 ’25 and was made at $53.02 per share for $0.54 million. Following the transaction, the insider now directly holds 4120.0 shares of the CNM stock.
Still, SEC filings show that on Apr 25 ’25, Jeffrey D. Giles (Officer) Proposed Sale 40,000 shares at an average price of $52.26 for $2.09 million. The insider now directly holds shares of Core & Main Inc (CNM).
