Back to top
more

Commercial Metals (CMC)

(Delayed Data from NYSE)

$54.23 USD

54.23
706,569

+1.34 (2.53%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $54.24 +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 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 16% (212 out of 251)

Industry: Steel - Producers

Better trading starts here.

Zacks News

TimkenSteel (TMST) Earnings Beat Estimates in Q4, Revenues Miss

Lower ship tons due to reduced industrial and mobile shipments hurt TimkenSteel's (TMST) top line in Q4.

Quaker Chemical's (KWR) Earnings and Sales Top Estimates in Q4

Higher selling price and product mix as well as additional net sales from acquisitions drive Quaker Chemical's (KWR) top line in Q4.

Element Solutions (ESI) Earnings and Sales Beat Estimates in Q4

Element Solutions' (ESI) Q4 results surpassed estimates despite headwinds from the weakening of demand in high-end electronics markets.

TimkenSteel (TMST) Reports Q4 Loss, Lags Revenue Estimates

TimkenSteel (TMST) delivered earnings and revenue surprises of 61.54% and 23.65%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Teck (TECK) Misses on Q4 Earnings, To Spin Off Steelmaking Coal

Teck Resources' (TECK) Q4 bottom line reflects the impacts of lower metal prices, as well as inflationary pressures.

Westlake (WLK) Misses Q4 Earnings and Revenue Estimates

Lower sales prices and softer demand in most geographies and product categories hurt Westlake's (WLK) Q4 results.

Reliance Steel (RS) Earnings Top Estimates in Q4, Revenues Lag

Weaker shipments and lower average selling prices hurt Reliance Steel's (RS) top line in the fourth quarter.

Should Value Investors Buy Commercial Metals (CMC) Stock?

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.

Barrick's (GOLD) Earnings Beat Estimates in Q4, Revenues Lag

Lower year over year gold production, higher costs and weaker gold and copper prices weigh on Barrick's (GOLD) Q4 performance.

Albemarle's (ALB) Q4 Earnings Surpass Estimates, Sales Lag

Higher lithium prices and increased volumes drive Albemarle's (ALB) performance in the fourth quarter.

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

Here is how Commercial Metals (CMC) and Wheaton Precious Metals Corp. (WPM) have performed compared to their sector so far this year.

Shaun Pruitt headshot

2 Basic Materials Stocks to Buy for Protection in 2023

With egg and steel prices remaining above historical levels, Cal-Maine Foods and Commercial Metals look poised to continue benefiting from higher commodity prices.

ArcelorMittal's (MT) Q4 Earnings and Revenues Surpass Estimates

Lower steel selling prices and reduced steel shipments due to significantly lower demand as a result of destocking weigh on ArcelorMittal's (MT) sales in Q4.

Abhinab Dasgupta headshot

Beat the Market Like Zacks: NVIDIA, Boeing, Rockwell Medical in Focus

Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.

Chemours (CC) Posts Break-Even Q4 Earnings, Sales Miss

Chemours (CC) gains from increased prices across its segments amid headwinds from higher input cost inflation, adverse currency movements and soft demand in Europe & Asia in Q4.

Cabot's (CBT) Earnings and Revenues Outshine Estimates in Q1

Cabot's (CBT) Q1 performance reflects a decline in volumes due to consumer destocking and COVID-19 outbreaks in China. Weak demand and unfavorable currency movements also played a role.

Commercial Metals (CMC) Dips More Than Broader Markets: What You Should Know

Commercial Metals (CMC) closed at $56.25 in the latest trading session, marking a -1.38% move from the prior day.

Why Is Commercial Metals (CMC) Up 7.1% Since Last Earnings Report?

Commercial Metals (CMC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Linde (LIN) to Supply Clean Hydrogen to OCI's Texas Plant

The complex will be integrated into Linde's (LIN) existing gas infrastructure on the U.S. Gulf Coast.

Commercial Metals and Ovintiv have been highlighted as Zacks Bull and Bear of the Day

Commercial Metals and Ovintiv have been highlighted as Zacks Bull and Bear of the Day.

FMC Corp's (FMC) Earnings and Revenues Top Estimates in Q4

Higher volumes and strong pricing actions drive FMC Corp's (FMC) results in the fourth quarter.

Bryan Hayes headshot

Bull of the Day: Commercial Metals Co. (CMC)

Shares continue to display relative strength as buying pressure accumulates in this market leader.

DuPont's (DD) Earnings and Revenues Surpass Estimates in Q4

DuPont (DD) gains on disciplined pricing actions in Q4 amid headwinds from weak conditions in electronics and construction end markets.

Commercial Metals Company (CMC) Hits Fresh High: Is There Still Room to Run?

Commercial Metals (CMC) 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.

Methanex's (MEOH) Earnings and Sales Surpass Estimates in Q4

Lower year over year average realized prices and sales volumes weigh on Methanex's (MEOH) results in the fourth quarter.