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Commercial Metals (CMC)

(Delayed Data from NYSE)

$55.87 USD

55.87
1,019,701

+0.64 (1.16%)

Updated Apr 17, 2024 04:00 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 Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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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 C 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 29% (179 out of 251)

Industry: Steel - Producers

Better trading starts here.

Zacks News

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.

Newmont (NEM) Declares End of Strike at Mexico's Penasquito Mine

The agreement specifies that Newmont (NEM) will not pay any additional incremental profit sharing for 2022.

Methanex (MEOH) Offers Details on Trinidad & Tobago Operations

As the 20-year natural gas agreement ends in September 2024, Methanex (MEOH) said it plans to shut down the Atlas methanol facility.

Commercial Metals (CMC) Q4 Earnings Miss Estimates, Dip Y/Y

Commercial Metals' (CMC) Q4 results reflect weak market conditions in Europe.

Company News for Oct 13, 2023

Companies in The News Are: FAST,CMC,VSCO,DPZ

Koppers (KOP) Announces Completion of Term Loan B Repricing

This transaction by Koppers (KOP) is in line with the company's history of optimizing its capital structure.

Commercial Metals (CMC) Lags Q4 Earnings Estimates

Commercial Metals (CMC) delivered earnings and revenue surprises of -8.15% and 5.41%, respectively, for the quarter ended August 2023. Do the numbers hold clues to what lies ahead for the stock?

What's in Store for Commercial Metals (CMC) in Q4 Earnings?

Commercial Metals' (CMC) fiscal fourth-quarter results are likely to reflect strong demand in North America, offset by weak market conditions in Europe.

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Commodity Check: Time to Buy Stock in These High Inflationary Winners?

A high inflationary environment looks here to stay which makes monitoring commodity prices and stocks that can benefit accordingly very important to investors.

Earnings Preview: Commercial Metals (CMC) Q4 Earnings Expected to Decline

Commercial Metals (CMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Down -8.84% in 4 Weeks, Here's Why You Should You Buy the Dip in Commercial Metals (CMC)

The heavy selling pressure might have exhausted for Commercial Metals (CMC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Are Investors Undervaluing Commercial Metals (CMC) 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.

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U.S. Steelmakers Paint Tepid Q3 Picture as Steel Prices Retreat

While U.S. steelmakers are seeing firm demand across major end markets, lower steel prices are expected to be a drag on their third-quarter performance.

CalMaine Foods (CALM) to Report Q1 Earnings: What's in Store?

CalMaine Foods' (CALM) first-quarter 2024 results are likely to reflect the recent downtrend in average selling prices for conventional eggs as well as low sales volumes.

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Time to Buy These Attractive Steel Stocks

Several steel companies are attractive at the moment with their stocks largely outperforming the broader market over the last few years.

How to Boost Your Portfolio with Top Basic Materials Stocks Set to Beat Earnings

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Zacks Industry Outlook Highlights POSCO, Commercial Metals and L.B. Foster

POSCO, Commercial Metals and L.B. Foster have been highlighted in this Industry Outlook article.

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3 Top Steel Producer Stocks to Buy From a Promising Industry

The automotive demand recovery, strength in non-residential construction and a recovery in steel prices should enable the Zacks Steel Producers industry to thrive. PKX, CMC and FSTR are set to gain from favorable industry fundamentals.

Is Commercial Metals (CMC) Stock Outpacing Its Basic Materials Peers This Year?

Here is how Commercial Metals (CMC) and Universal Stainless & Alloy Products (USAP) have performed compared to their sector so far this year.

Commercial Metals (CMC) Is Attractively Priced Despite Fast-paced Momentum

Commercial Metals (CMC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

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.

Should iShares Russell 2000 Value ETF (IWN) Be on Your Investing Radar?

Style Box ETF report for IWN

Commercial Metals (CMC) Buys EDSCO to Strengthen Portfolio

Commercial Metals (CMC) acquires EDSCO from MiddleGround Capital.

Zacks Industry Outlook Highlights Commercial Metals, TimkenSteel, Algoma Steel and Universal Stainless & Alloy

Commercial Metals, TimkenSteel, Algoma Steel and Universal Stainless & Alloy have been highlighted in this Industry Outlook article.

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Time to Buy Commercial Metals (CMC) or FedEx (FDX) Stock After Earnings?

Two notable companies that were able to beat their quarterly earnings expectations this week were steel producer Commercial Metals Company (CMC) and global delivery services leader FedEx (FDX).