Back to top
more

Commercial Metals (CMC)

(Delayed Data from NYSE)

$55.00 USD

55.00
674,810

+0.12 (0.22%)

Updated Sep 27, 2024 04:00 PM ET

After-Market: $55.00 0.00 (0.00%) 7:34 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth D Momentum A 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%.

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

Bottom 37% (157 out of 251)

Industry: Steel - Producers

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Reliance Steel (RS) Gains on Demand Strength, Acquisitions

by Zacks Equity Research

Reliance Steel (RS) benefits from strong underlying demand in its major markets and strategic acquisitions.

Chemours (CC) Gains on Opteon Demand Amid Input Cost Woes

by Zacks Equity Research

While Chemours (CC) is exposed to headwinds from higher raw material costs, it gains on healthy Opteon demand, strong execution and its cost-reduction and pricing actions.

FMC Corp's (FMC) Shares Pop 16% in 3 Months: Here's Why

by Zacks Equity Research

FMC Corp (FMC) benefits from higher demand for its products, its portfolio strength and contributions of new products.

Why You Should Add Reliance Steel (RS) Stock to Your Portfolio

by Zacks Equity Research

Reliance Steel (RS) benefits from healthy demand in major end-use markets and strategic acquisitions.

Commercial Metals (CMC) Shows Fast-paced Momentum But Is Still a Bargain Stock

by Zacks Equity Research

Commercial Metals (CMC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Univar (UNVR) Up 21% in 3 Months: What's Driving the Rally?

by Zacks Equity Research

Univar (UNVR) gains on market share gains, operational execution, pricing discipline and cost minimization actions.

B2Gold (BTG) Hit Hard by Low Gold Prices and Cost Concerns

by Zacks Equity Research

Lower gold prices witnessed so far this year and inflationary costs will likely dampen B2Gold's (BTG) 2022 results.

Albemarle (ALB) Gains on Strong Demand, Capacity Expansion

by Zacks Equity Research

Albemarle (ALB) benefits from strong demand and prices in its lithium unit and actions to boost its global lithium conversion capacity.

Reliance Steel (RS) Up 12% in 3 Months: What's Driving It?

by Zacks Equity Research

Forecast-topping earnings performance in the third quarter of 2022 and upbeat prospects have contributed to the gain in Reliance Steel's (RS) shares.

Is Innospec (IOSP) Stock Outpacing Its Basic Materials Peers This Year?

by Zacks Equity Research

Here is how Innospec (IOSP) and Commercial Metals (CMC) have performed compared to their sector so far this year.

Air Products (APD) Shares Up 14% in 3 Months: Here's Why

by Zacks Equity Research

Better-than-expected earnings performance in the fiscal fourth quarter and upbeat outlook for fiscal 2023 have contributed to the gain in Air Products' (APD) shares.

BHP Group (BHP) Sweetens Offer for OZ Minerals Limited

by Zacks Equity Research

BHP Group (BHP) has made a revised offer to OZ Minerals Limited in a bid to enhance its exposure to copper and nickel and capitalize on their growing demand.

Sociedad Quimica (SQM) Q3 Earnings and Sales Beat Estimates

by Zacks Equity Research

Sociedad Quimica (SQM) gained from higher in lithium prices and strong sales volumes in the third quarter.

Flexible Solutions (FSI) Q3 Earnings Beat Estimates, Sales Up Y/Y

by Zacks Equity Research

Flexible Solutions (FSI) sees higher sales across its business segments in the third quarter on increased customer orders.

First Majestic (AG) Q3 Earnings Miss Estimates, Shares Dip

by Zacks Equity Research

First Majestic (AG) reports higher revenues in Q3 on higher production at San Dimas and Santa Elena along with a loss due to weak metal prices and high costs.

Avino Silver (ASM) Posts Break-Even Earnings in Q3, Shares Gain

by Zacks Equity Research

Avino Silver & Gold Mines (ASM) delivered the highest quarterly production in the third quarter of 2022 which helped offset the impact of lower metal prices, driving year-over-year improvement in revenues.

Ferroglobe (GSM) Earnings Miss Estimates in Q3, Increase Y/Y

by Zacks Equity Research

Ferroglobe (GSM) delivers year-over-year improvement in earnings courtesy of the cost-cutting initiatives undertaken over the past few years.

Kinross' (KGC) Earnings Miss Estimates in Q3, Revenues Up Y/Y

by Zacks Equity Research

Kinross (KGC) sees higher production from continuing operations in Q3 on the back of increased production across Tasiast, Paracatu and La Coipa.

All You Need to Know About Commercial Metals (CMC) Rating Upgrade to Strong Buy

by Zacks Equity Research

Commercial Metals (CMC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

MAG Silver's (MAG) Q3 Earnings Beat Estimates, Increase Y/Y

by Zacks Equity Research

MAG Silver (MAG) delivers earnings per share of 8 cents in the third quarter of 2022, delivering a turnaround performance from the loss in third-quarter 2022.

Best Value Stocks to Buy for November 15th

by Zacks Equity Research

CMC, IBA and FLEX made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 15, 2022.

ArcelorMittal's (MT) Q3 Earnings and Revenues Top Estimates

by Zacks Equity Research

ArcelorMittal's (MT) Q3 sales were hurt by lower iron ore prices and reduced steel shipments.

Hecla Mining (HL) Q3 Earnings Beat Estimates, Revenues Lag

by Zacks Equity Research

Hecla Mining (HL) reports a loss and lower revenues in Q3 on account of lower metal prices and higher costs as well as the deferral of silver concentrate shipments from Greens Creek and Lucky Friday.

Cabot's (CBT) Earnings and Sales Surpass Estimates in Q4

by Zacks Equity Research

Cabot's (CBT) results were aided by higher margins and stronger volumes in the fiscal fourth quarter.

Century Aluminum (CENX) Q3 Earnings Beat Estimates, Sales Lag

by Zacks Equity Research

Century Aluminum (CENX) sees sequentially lower shipments in Q3 due to lower volumes from the Hawesville plant related to the curtailment of production at the facility.