Commercial Metals Company (CMC) Stock Forecast & Price Target
Commercial Metals Company · NYSE
$70.45+2.41 (+3.54%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Commercial Metals Company, 7 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $75.00 to $89.00, so the covering firms are broadly aligned. The average target of $79.40 sits 13% above the current $70.45. The rating mix has stayed broadly stable, with Buy-side ratings easing from 8 to 7 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.58 next quarter toward $7.14 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Moderate Buy
Strong Buy00%
Buy770%
Hold330%
Sell00%
Strong Sell00%
Based on 10 analysts giving stock ratings to Commercial Metals Company.
As of Jul, 7 of 10 firms rate CMC a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CMC EPS & revenue forecast
EPS · NEXT QUARTER
$1.58
Range $1.36 – $1.74 · 5 analysts · -14% YoY
Next period, 5 analysts expect Commercial Metals Company to earn $1.58 a share (range $1.36 – $1.74), versus $1.84 a year earlier. Full-year consensus is $6.34, growing to $7.14 the year after.
REVENUE · NEXT QUARTER
$2.4B
Range $2.4B – $2.5B · 5 analysts · +15% YoY
Revenue is expected to reach $2.4B (range $2.4B – $2.5B), +14.8% year-over-year. Full-year consensus is $9.3B, rising to $10.0B next year.
Top analysts covering Commercial Metals Company
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CMC.
#1
Bill Peterson
JP Morgan · Rank #235
Buy
$86.00+22.1% to target
Overall win rate
37%
+ Follow
#2
Timna Tanners
Wells Fargo
Hold
$80.00+13.6% to target
Coverage
—
+ Follow
#3
SK
Sathish Kasinathan
Bank of America Securities
Buy
$78.00+10.7% to target
Coverage
—
+ Follow
#4
AH
Alexander Hacking
Citigroup
Buy
$75.00+6.5% to target
Coverage
—
+ Follow
#5
KJ
Katja Jancic
BMO Capital
Hold
$77.00+9.3% to target
Coverage
—
+ Follow
CMC stock forecast FAQ
What is CMC's average 12-month price target?+
The 10 analysts with a live target average $79.40 for Commercial Metals Company over the next 12 months, ranging from a $89.00 high to a $75.00 low.
Is CMC stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 10 analyst ratings, 7 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for CMC?+
The Street-high target is $89.00 (UBS), and the Street-low is $75.00 (Citigroup). The average of all 10 active targets is $79.40.
How many Wall Street analysts cover CMC?+
10 analysts have an active rating on Commercial Metals Company, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering CMC?+
Among analysts who currently cover CMC, Bill Peterson of JP Morgan has the strongest overall Quantellect track record (Rank #235). Their current call is Buy with a $86.00 target.
What is Commercial Metals Company's projected EPS for next quarter?+
The consensus estimate is $1.58 per share (range $1.36 – $1.74) across 5 analysts. Full-year EPS is projected at $6.34, rising to $7.14 the following year.
How much revenue is Commercial Metals Company expected to report next quarter?+
Consensus revenue is $2.4B (range $2.4B – $2.5B). Full-year revenue is projected at $9.3B, growing to $10.0B next year.
Have analysts been upgrading or downgrading CMC lately?+
As of Jul, 7 of 10 firms rate CMC a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CMC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
