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Commercial Metals (CMC)

(Real Time Quote from BATS)

$55.82 USD

55.82
75,724

-0.50 (-0.89%)

Updated Jun 3, 2024 10:52 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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 D 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 11% (223 out of 250)

Industry: Steel - Producers

Better trading starts here.

Zacks News

Ferro's (FOE) Earnings and Revenues Trail Estimates in Q4

Ferro (FOE) saw lower sales across its segments in the fourth quarter. It expects net sales to be flat to up 2% on a year-over-year basis in 2020.

Quaker Chemical (KWR) Q4 Earnings and Sales Top Estimates

Sales related to Houghton and Norman Hay drive Quaker Chemical's (KWR) top line in Q4.

Ingevity (NGVT) Authorizes Share Repurchase Worth $500M

Ingevity's (NGVT) new authorization provides it with the flexibility to be opportunistic through 2020.

Albemarle (ALB) Announces Hike of 5% in Quarterly Dividend

Albemarle (ALB) hikes its dividend for the 26th consecutive year.

Koppers (KOP) Q4 Earnings Meet, Revenues Trail Estimates

While Koppers (KOP) saw improved profitability in wood-preservation businesses, it witnessed weaker demand for carbon-related products in Q4.

Cabot Launches Engineered Elastomer Composites Solutions

Cabot's (CBT) E2C solutions are geared to raise the bar in tire performance, while offering tire production efficiencies.

Air Products to Exhibit Industrial Gas Use for Food Processing

At Air Products' (APD) booth in Anaheim, specific processes and challenges of attendees will be addressed by industry specialists.

Element Solutions (ESI) Q4 Earnings and Sales Top Estimates

Element Solutions (ESI) gained from stability in Asian electronics and cost control actions in Q4.

Steel Dynamics Hikes Dividend, Approves $500M Share Buyback

The dividend hike and additional share repurchase authorization demonstrate Steel Dynamics' (STLD) confidence in generating industry-leading strong free cash flow in both strong and weak market environments.

Tronox (TROX) Q4 Earnings In Line, Revenues Lag Estimates

Higher year-over-year titanium dioxide pigment sales drove Tronox's (TROX) top line in Q4.

Valmont (VMI) Announces Hike of 20% in Quarterly Dividend

The increase in Valmont's (VMI) quarterly dividend showcases its commitment to deliver sustained, long-term profitable growth to its shareholders.

Century Aluminum (CENX) Launches Natur-Al Aluminum Products

Century Aluminum's (CENX) Natur-Al aluminum products allow it to achieve CO2 levels below one-fourth of the industry average.

Air Products JV Starts Work on Industrial Gases Hub in Jubail

The investment in Jubail demonstrates the full suite of Air Products' (APD) capabilities in support of sustainable energy and chemicals production to the Kingdom of Saudi Arabia.

Here's Why It's Worth Investing in Commercial Metals Stock Now

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

Orion Engineered Carbons (OEC) Earnings Top, Sales Lag in Q4

Lower volumes due to broad economic weakness hurt Orion Engineered Carbons' (OEC) sales in Q4.

Huntsman (HUN) Completes Buyout of Icynene-Lapolla for $350M

Huntsman's (HUN) acquisition of Icynene-Lapolla is in sync with its strategy of expanding its downstream polyurethanes business.

Venator Materials (VNTR) Q4 Earnings and Sales Beat Estimates

Venator Materials (VNTR) faced challenges from lower titanium dioxide prices in the fourth quarter.

AK Steel (AKS) Misses Earnings and Sales Estimates in Q4

Reduced shipments to the automotive market along with a sharp decline in steel spot market selling prices hurt AK Steel's (AKS) profit in fourth-quarter 2019.

Reliance Steel's (RS) Q4 Earnings Top Estimates, Sales Lag

Lower sales volumes and prices hurt Reliance Steel's (RS) top line in the fourth quarter.

Reliance Steel (RS) Launches E-Commerce Platform FastMetals

In sync with the core business strategy of Reliance Steel (RS), FastMetals specializes in small orders, with quick turn-around and excellent customer service.

Valmont (VMI) Earnings & Revenues Miss Estimates in Q4

Valmont (VMI) expects earnings per share of $7.30-$8.00 for 2020.

Univar (UNVR) Expands Pharmaceutical Ingredients in EMEA

The new group allows Univar (UNVR) to serve the pharmaceutical ingredients market worldwide with expertise in all major regions.

Air Products (APD) Hits New 52-Week High: What's Driving it?

Air Products (APD) is benefiting from investments in high-return projects, project wins and productivity actions.

Dow and Johnson Matthey License Process Technology to Huayi

Dow (DOW) and Johnson Matthey's LP Oxo Selector 10 Technology enables efficient butanol production, with low operating costs and capital investment.

Yamana Gold (AUY) Q4 Earnings Lag Estimates, Sales Down Y/Y

Yamana Gold (AUY) expects to produce 857,000 ounces of gold and 11.5 million ounces of silver in 2020.