Commercial Metals Company is a steel business based in the US. Commercial Metals Company shares (CMC) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $53.08 – an increase of 0.93% over the previous week. Commercial Metals Company employs 13,022 staff and has a trailing 12-month revenue of around $8.1 billion.
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| Latest market close | $53.08 |
|---|---|
| 52-week range | $39.31 - $61.26 |
| 50-day moving average | $52.82 |
| 200-day moving average | $54.02 |
| Wall St. target price | $63.42 |
| PE ratio | 11.0353 |
| Dividend yield | $0.66 (1.33%) |
| Earnings per share (TTM) | $4.81 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $54.01 from 2024-10-14
| 1 week (2024-10-10) | 1.94% |
|---|---|
| 1 month (2024-09-17) | 4.93% |
| 3 months (2024-07-17) | -7.47% |
| 6 months (2024-04-17) | -3.33% |
| 1 year (2023-10-17) | 26.52% |
|---|---|
| 2 years (2022-10-17) | 27.02% |
| 3 years (2021-10-15) | 70.38% |
| 5 years (2019-10-17) | 202.72% |
Valuing Commercial Metals Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Commercial Metals Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Commercial Metals Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Commercial Metals Company shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Commercial Metals Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 12.2526. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Commercial Metals Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Commercial Metals Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion.
The EBITDA is a measure of a Commercial Metals Company's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $8.1 billion |
|---|---|
| Operating margin TTM | 8.3% |
| Gross profit TTM | $1.8 billion |
| Return on assets TTM | 7.47% |
| Return on equity TTM | 13.66% |
| Profit margin | 6.95% |
| Book value | $37.00 |
| Market Capitalization | $6.1 billion |
TTM: trailing 12 months
Dividend payout ratio: 19.26% of net profits
Recently Commercial Metals Company has paid out, on average, around 19.26% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Commercial Metals Company shareholders could enjoy a 1.33% return on their shares, in the form of dividend payments. In Commercial Metals Company's case, that would currently equate to about $0.66 per share.
While Commercial Metals Company's payout ratio might seem low, this can signify that Commercial Metals Company is investing more in its future growth.
Commercial Metals Company's most recent dividend payout was on 9 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 June 2024 (the "ex-dividend date").
Commercial Metals Company's shares were split on a 2:1 basis on 22 May 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Commercial Metals Company shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Commercial Metals Company shares which in turn could have impacted Commercial Metals Company's share price.
Over the last 12 months, Commercial Metals Company's shares have ranged in value from as little as $39.3128 up to $61.26. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Commercial Metals Company's is 1.137. This would suggest that Commercial Metals Company's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
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