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Commercial Metals (CMC)

(Delayed Data from NYSE)

$56.11 USD

56.11
1,066,948

-0.30 (-0.53%)

Updated Oct 18, 2024 04:00 PM ET

After-Market: $56.11 0.00 (0.00%) 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.

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

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 27% (182 out of 250)

Industry: Steel - Producers

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Zacks News

Anindya Barman headshot

U.S. Steelmakers Paint Bullish Q2 Outlook Despite Cooling Prices

by Anindya Barman

While steel prices have witnessed a downward correction, buoyant profit guidance from some major U.S. steel makers has raised optimism about a strong second quarter for the industry.

How Much Upside is Left in Commercial Metals (CMC)? Wall Street Analysts Think 27%

by Zacks Equity Research

The mean of analysts' price targets for Commercial Metals (CMC) points to a 26.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Commercial Metals (CMC) Q3 Earnings and Revenues Top Estimates

by Zacks Equity Research

Commercial Metals (CMC) delivered earnings and revenue surprises of 24.88% and 6.80%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Here's Why Commercial Metals (CMC) is an Attractive Bet Now

by Zacks Equity Research

Robust construction, infrastructure activities and positive growth projections make Commercial Metals (CMC) a solid investment option.

Zacks.com featured highlights American Airlines, Builders FirstSource, Caleres, Casey's General Stores and Commercial Metals

by Zacks Equity Research

American Airlines, Builders FirstSource, Caleres, Casey's General Stores and Commercial Metals have been highlighted in this Screen of the Week article.

Zacks.com featured highlights Archer Daniels Midland, Commercial Metals and Avis Budget Group

by Zacks Equity Research

Archer Daniels Midland, Commercial Metals and Avis Budget Group have been highlighted in this Screen of the Week article.

Commercial Metals (CMC) Stock Moves -1.15%: What You Should Know

by Zacks Equity Research

In the latest trading session, Commercial Metals (CMC) closed at $38.80, marking a -1.15% move from the previous day.

Commercial Metals (CMC) to Post Q3 Earnings: Is a Beat in Store?

by Zacks Equity Research

Commercial Metals' (CMC) Q3 performance will likely to reflect strong finished steel sales volumes, driven by solid construction demand in North America and Europe.

Will Health Revenue Growth Buoy Jabil (JBL) Q3 Earnings?

by Zacks Equity Research

Jabil (JBL) is expected to have recorded year-over-year higher revenues, driven by solid demand in key end markets, diligent execution of operational plans and skillful management of supply chain dynamics.

Are Basic Materials Stocks Lagging Albemarle (ALB) This Year?

by Zacks Equity Research

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

Maharathi Basu headshot

5 Broker-Favorite Stocks to Keep a Close Watch on

by Maharathi Basu

For significant returns, investors should keep broker-friendly stocks like American Airlines (AAL), Builders FirstSource (BLDR), Caleres (CAL), Casey's General Stores (CASY) and Commercial Metals (CMC) on their radar.

Tirthankar Chakraborty headshot

3 Top-Rated Stocks to Invest in for Stellar Earnings Growth

by Tirthankar Chakraborty

Invest in stocks like Archer Daniels Midland (ADM), Commercial Metals (CMC) & Avis Budget Group (CAR) at the moment for superb earnings growth.

Commercial Metals (CMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

by Zacks Equity Research

Commercial Metals (CMC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Timken Steel Corporation (TMST) Soars to 52-Week High, Time to Cash Out?

by Zacks Equity Research

TimkenSteel (TMST) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Commercial Metals (CMC) Stock Moves -1.38%: What You Should Know

by Zacks Equity Research

Commercial Metals (CMC) closed at $40 in the latest trading session, marking a -1.38% move from the prior day.

Things to Note Ahead of Science Applications (SAIC) Q1 Earnings

by Zacks Equity Research

Though Science Applications' (SAIC) Q1 performance is likely to have benefited from contract wins and acquisitions, supply-chain constraints and inflationary pressure might have weighed on the top and bottom lines.

Greif (GEF) to Report Q2 Earnings: What's in the Cards?

by Zacks Equity Research

Greif's (GEF) Q2 performance is likely to reflect benefits from strong volume growth across key end-markets, robust packaging demand and cost-control actions.

Can Commercial Metals (CMC) Keep the Earnings Surprise Streak Alive?

by Zacks Equity Research

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.

Commercial Metals (CMC) Stock Moves -0.65%: What You Should Know

by Zacks Equity Research

Commercial Metals (CMC) closed at $39.47 in the latest trading session, marking a -0.65% move from the prior day.

Semtech (SMTC) to Report Q1 Earnings: What's in the Cards?

by Zacks Equity Research

Semtech (SMTC) is expected to have gained from integrations in the LoRa business and the growing adoption of the BlueRiver technology in first-quarter fiscal 2023.

What's in the Cards for Hewlett Packard's (HPE) Q2 Earnings?

by Zacks Equity Research

Hewlett Packard's (HPE) Q2 results are likely to reflect gains from growing demand for its cloud services on the ongoing digital transformation. However, supply-chain issues might hurt sales growth.

OKTA Gears Up to Report Q1 Earnings: What's in the Cards?

by Zacks Equity Research

OKTA's first-quarter fiscal 2023 results are expected to reflect continued adoption of Identity and Auth0 solutions.

Factors to Note Ahead of CrowdStrike's (CRWD) Q1 Earnings

by Zacks Equity Research

Contributions from newly acquired businesses, a solid demand environment for security solutions and the addition of new customers are likely to have aided CrowdStrike's (CRWD) performance in Q1.

HP (HPQ) Set to Report Q2 Earnings: What's in the Offing?

by Zacks Equity Research

HP's (HPQ) Q2 results are likely to reflect boosted demand for PCs and printers, buoyed by the ongoing recovery of economies. However, industry-wide component supply constraints might have weighed on the results.

What's in the Offing for Salesforce (CRM) This Earnings Season?

by Zacks Equity Research

Though the accelerated digital transformation is likely to have boosted Salesforce's (CRM) Q1 sales, increased investments in sales & marketing and international expansions might have eroded profitability.