Commercial Metals Company with ticker code (CMC) have now 7 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 70 and 39 and has a mean target at $56.43. Given that the stocks previous close was at $45.42 this indicates there is a potential upside of 24.2%. Also worth taking note is the 50 day moving average now sits at $46.01 and the 200 day moving average is $46.61. The company has a market cap of 5.26B. The stock price is currently at: 44.87 USD
The potential market cap would be $6,528,883,274 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 5.19, revenue per share of 77.29 and a 14.39% return on assets.
Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products, related materials and services. The Company manufactures steel and metal products through a network of facilities that includes seven electric arc furnace (EAF) mini mills, two EAF micro mills, a rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland. Its operations are conducted through two reportable segments: North America and Europe. The Company’s North America segment is a vertically integrated network of recycling facilities, steel mills and fabrication operations. Its Europe segment is a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland. It provides post-tensioning, barrier cable, and concrete restoration solutions. It is also focused on supplying recycled ferrous metals located in Southern California.
