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Commercial Metals (CMC)

(Real Time Quote from BATS)

$53.91 USD

53.91
151,078

+1.94 (3.73%)

Updated Oct 28, 2024 11:38 AM 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 20% (201 out of 250)

Industry: Steel - Producers

Better trading starts here.

Zacks News

Kirkland Lake Gold's Fosterville Attains Record Q4 Production

Per Kirkland Lake Gold (KL), the surge in production at Fosterville reflects on increased in tons processed as well as higher average grades and improved recoveries.

Commercial Metals Rides on Favorable Markets & Acquisition

Commercial Metals (CMC) poised to benefit from strong rebar-margin environment, construction activity in the United States and positive momentum in the Poland operations.

Cleveland-Cliffs Begins Exchange Offers for AK Steel Buyout

The exchange offers and consent solicitations are conditional upon the consummation of the pending acquisition of AK Steel by Cleveland-Cliffs (CLF) pursuant to the merger agreement.

Newmont (NEM) Shares Up 13% in 3 Months: What's Driving It?

Dividend hike, disciplined capital allocation strategy and healthy prospects are driving Newmont's (NEM) shares.

LyondellBasell Grants Hostalen ACP License to Shandong Jinhai

With the latest capacity additions, LyondellBasell (LYB) has provided license to more than 8000 KTA of benchmark multi-modal HDPE resins.

Teck Resources Enters Coal-Shipping Deal With Ridley Terminals

Teck Resources (TECK) strikes a deal with Ridley Terminals to double or triple its shipment of its steelmaking coal.

Scotts Miracle-Gro Begins Exchange of Senior Notes Due 2029

The exchange does not mark a new financing transaction and Scotts Miracle-Gro (SMG) will not receive any additional proceeds from the exchange offer.

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Soft Demand, China Mar Outlook of Steel Producers Industry

The steel producers industry is hamstrung by a slowdown in steel demand and sustained oversupply in the market driven by a surge in Chinese production.

The Zacks Analyst Blog Highlights: Asbury Automotive, Lithia Motors, Commercial Metals Company, Acushnet and MRC Global

The Zacks Analyst Blog Highlights: Asbury Automotive, Lithia Motors, Commercial Metals Company, Acushnet and MRC Global

Air Products Announces Largest-Ever U.S. Investment of $500M

Air Products' (APD) project will feature the largest SMR ever built and operated by the company to produce hydrogen.

Ashland Declares Pricing of Senior Notes Offering Due 2028

Initially, the notes will be guaranteed by each of Ashland (ASH) and its fully-owned subsidiary, Ashland LLC on an unsecured basis.

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U.S. Steel Imports Drop 15% in 2019 Under Weight of Tariffs

The Trump administration's trade actions largely contributed to the year-over-year declines in total and finished U.S. steel imports in 2019.

Is Commercial Metals (CMC) Stock Undervalued 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.

Has Commercial Metals (CMC) Outpaced Other Basic Materials Stocks This Year?

Is (CMC) Outperforming Other Basic Materials Stocks This Year?

Scotts Miracle-Gro (SMG) Shares Up 56% in A Year: Here's Why

Bright prospects of the Hawthorne business as well as upbeat fiscal 2020 view are contributing to Scotts Miracle-Gro's (SMG) shares.

Agnico Eagle Issued Warrants in a Loan Deal With Orla Mining

The issued warrants entitle Agnico Eagle (AEM) to purchase one common share of Orla Mining at a price of C$3 prior to Dec 18, 2026.

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5 Growth Stocks to Buy as Middle-East Tensions Subside

The de-escalation in tensions between Washington and Tehran is likely to back Wall Street's uptrend.

Newmont (NEM) Unveils Plan to Hike Annual Dividend by 79%

Newmont's (NEM) latest quarterly dividend hike is effective upon the approval and declaration of its first-quarter dividend in April 2020.

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5 Solid Steel Stocks to Buy As Industry Eyes Recovery in 2020

As the steel industry looks poised for a rebound this year after a gloomy 2019, it would be prudent to invest in steel stocks that have compelling prospects.

Commercial Metals (CMC) Earnings Beat Estimates in Q1, Up Y/Y

Commercial Metals (CMC) delivers stellar performance in Q1, driven by continued growth in the U.S. non-residential construction sector.

Company News For Jan 7, 2020

Companies In The News Are: LIFE, HABT, BBBY, CMC

Commercial Metals (CMC) Beats Q1 Earnings Estimates

Commercial Metals (CMC) delivered earnings and revenue surprises of 30.36% and -4.22%, respectively, for the quarter ended November 2019. Do the numbers hold clues to what lies ahead for the stock?

Commercial Metals (CMC) Upgraded to Strong 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 #1 (Strong Buy).

Here's Why it's Worth Betting on Commercial Metals Stock Now

Favorable rebar-margin environment, construction activity in the United States and positive momentum in the Poland operations make Commercial Metals (CMC) an attractive investment option.

3 Reasons Growth Investors Will Love Commercial Metals (CMC)

Commercial Metals (CMC) possesses solid growth attributes, which could help it handily outperform the market.