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Commercial Metals (CMC)

(Delayed Data from NYSE)

$54.43 USD

54.43
966,028

+0.63 (1.17%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $54.44 +0.01 (0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 16% (210 out of 250)

Industry: Steel - Producers

Better trading starts here.

Zacks News

Carpenter Technology Q1 Earnings & Revenues Top Estimates, Rise Y/Y

CRS' Q1 top line reflects the impacts of a year-over-year increase in shipment volume in the quarter.

Commercial Metals Earnings Miss Estimates in Q4, Sales Dip Y/Y

CMC's Q4 earnings reflect the impacts of lower sales across all segments.

Commercial Metals (CMC) Misses Q4 Earnings and Revenue Estimates

Commercial Metals (CMC) delivered earnings and revenue surprises of -1.10% and 3.38%, respectively, for the quarter ended August 2024. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Nucor (NUE) Q3 Earnings Expected to Decline

Nucor (NUE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Commercial Metals (CMC) Q4 Earnings Expected to Decline

Commercial Metals (CMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

U.S. Steel (X) Moves 7.0% Higher: Will This Strength Last?

U.S. Steel (X) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Why Commercial Metals (CMC) Could Beat Earnings Estimates Again

Commercial Metals (CMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

National Steel (SID) Q2 Earnings Beat Estimates, Revenues Dip Y/Y

National Steel's (SID) Q2 domestic revenues fall 4.3% y/y, while international business revenues improve 2.7%.

Anindya Barman headshot

3 Steel Producer Stocks to Watch Amid Industry Challenges

Slumping steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. PKX, MT and CMC are well poised to navigate the current challenging environment.

Carpenter Technology (CRS) Q4 Earnings Top Estimates, Rise Y/Y

Carpenter Technology's (CRS) top and bottom lines increase year over year in fiscal 2024.

Commercial Metals (CMC) Bets on US Demand as Europe Market Ails

Commercial Metals (CMC) gains from strong demand in North America for each of its primary product lines. However, market uncertainties in Europe remain a concern for the company.

Commercial Metals (CMC) Q3 Earnings Beat, Sales Dip Y/Y

Commercial Metals' (CMC) Q3 top line primarily reflects the impacts of the ongoing challenging environment in Europe.

Company News for Jun 21, 2024

Companies in The News Are:DRI,WGO,CMCGMS

Commercial Metals (CMC) Beats Q3 Earnings and Revenue Estimates

Commercial Metals (CMC) delivered earnings and revenue surprises of 2% and 3.62%, respectively, for the quarter ended May 2024. Do the numbers hold clues to what lies ahead for the stock?

What's in Store for Commercial Metals (CMC) in Q3 Earnings?

Commercial Metals' (CMC) fiscal third-quarter results are likely to reflect strong demand in North America, offset by weak market conditions in Europe.

Analysts Estimate Commercial Metals (CMC) to Report a Decline in Earnings: What to Look Out for

Commercial Metals (CMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Commercial Metals (CMC) Upgraded to Buy: Here's What You Should Know

Commercial Metals (CMC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Are Investors Undervaluing Commercial Metals (CMC) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Silvercorp (SVM) Q4 Earnings Meet Estimates

Silvercorp (SVM) delivered earnings and revenue surprises of 0% and 10.86%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Should iShares Russell 2000 Value ETF (IWN) Be on Your Investing Radar?

Style Box ETF report for IWN

If You Invested $1000 in Commercial Metals 10 Years Ago, This Is How Much You'd Have Now

Holding on to popular or trending stocks for the long-term can make your portfolio a winner.

The Zacks Analyst Blog Highlights Independent Bank, Northeast Community Bancorp, STMicroelectronics, Commercial Metals and JPMorgan Chase

Independent Bank, Northeast Community Bancorp, STMicroelectronics, Commercial Metals and JPMorgan Chase are included in this Analyst Blog.

Santanu Roy  headshot

5 Stocks Worth Watching on Dividend Hikes

Investors may keep a tab on stocks like INDB, NECB, STM, CMC and JPM, which have lately hiked their dividend payments.

Commercial Metals (CMC) Earnings Beat Estimates in Q2, Dip Y/Y

Commercial Metals (CMC) second-quarter top line reflects the ongoing challenging environment in Europe.

Stock Market News for Mar 22, 2024

Wall Street ended higher on Thursday, buoyed by positive economic indicators suggesting promising growth in the coming months, along with robust earnings reports.