In the latest trading session,, 1.22 million Core & Main Inc (NYSE:CNM) shares changed hands as the company’s beta touched 1.03. With the company’s most recent per share price at $58.38 changed hands at -$0.95 or -1.60% at last look, the market valuation stands at $11.51B. CNM’s current price is a discount, trading about -3.43% off its 52-week high of $60.38. The share price had its 52-week low at $37.22, which suggests the last value was 36.25% up since then. When we look at Core & Main Inc’s average trading volume, we note the 10-day average is 3.02 million shares, with the 3-month average coming to 2.21 million.
Analysts gave the Core & Main Inc (CNM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.71. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended CNM as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight.
Core & Main Inc (NYSE:CNM) trade information
Instantly CNM was in red as seen in intraday trades today. With action -1.20%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 14.67%, with the 5-day performance at -1.20% in the red. However, in the 30-day time frame, Core & Main Inc (NYSE:CNM) is 13.05% up. Looking at the short shares, we see there were 14.42 million shares sold at short interest cover period of 9.55 days.
The consensus price target for the stock as assigned by Wall Street analysts is 62.5, meaning bulls need an upside of 6.59% from its recent market value. According to analyst projections, CNM’s forecast low is 60 with 65 as the target high. To hit the forecast high, the stock’s price needs a -11.34% plunge from its current level, while the stock would need to soar -2.77% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 52.59%. The 2025 estimates are for Core & Main Inc earnings to increase by 13.65%, but the outlook for the next 5-year period is at 7.69% per year.
CNM Dividends
Core & Main Inc is expected to release its next quarterly earnings report on 2025-Mar-24.
Core & Main Inc (NYSE:CNM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.54% of Core & Main Inc shares while 113.55% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 114.17%. There are 113.55% institutions holding the Core & Main Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 11.4207% of the shares, roughly 22.02 million CNM shares worth $1.08 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.3856% or 18.1 million shares worth $885.58 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 6.16 shares estimated at $356.11 million under it, the former controlled 3.25% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.16% of the shares, roughly 5.99 shares worth around $346.31 million.
