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Commercial Metals (CMC)

(Delayed Data from NYSE)

$56.38 USD

56.38
732,659

-0.39 (-0.69%)

Updated May 21, 2024 04:00 PM ET

After-Market: $56.39 +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 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 B 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%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 11% (221 out of 248)

Industry: Steel - Producers

Better trading starts here.

Zacks News

Commercial Metals (CMC) Lags Q1 Earnings Estimates

Commercial Metals (CMC) delivered earnings and revenue surprises of -7.89% and 0.97%, respectively, for the quarter ended November 2018. Do the numbers hold clues to what lies ahead for the stock?

Anindya Barman headshot

US Raw Steel Output Rises as Capacity Utilization Tops 80%

U.S. steel mills operated at 81% of their capacity for the week ending Dec 29.

Tirthankar Chakraborty headshot

New Strong Buy Stocks for January 2nd

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Wednesday

Commercial Metals (CMC) Reports Next Week: Wall Street Expects Earnings Growth

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.

Here's Why You Should Hold Commercial Metals in Your Portfolio

Commercial Metals (CMC) will benefit from improvement in farm equipment manufacturing activity, construction machinery and energy related spending.

Commercial Metals Rides on Improving Markets, Debt Rises

Commercial Metals (CMC) will gain on favorable key markets, growth in the United States and Poland despite higher manufacturing costs and interest expenses.

Commercial Metals (CMC) Q4 Earnings & Revenues Top Estimates

Commercial Metals (CMC) is likely to deliver improved results in fiscal 2019 backed by continued momentum in demand for construction steel and strong economic environment.

Commercial Metals (CMC) Q4 Earnings Preview: Here's What to Look Out For

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.

Will Higher Prices Drive Reliance Steel's (RS) Q2 Earnings?

Reliance Steel (RS) Q2 results likely to reflect a favorable metal pricing environment.

    Commercial Metals (CMC) Down 1.5% Since Earnings Report: Can It Rebound?

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

      5 Reasons to Hold Commercial Metals (CMC) in Your Portfolio

      Improving macroeconomic and market conditions in the United States and Poland suggest strong long steel product demand, which bodes well for Commercial Metals (CMC).

        Improving Markets Drive Commercial Metals, Higher Debt Ail

        Continued economic growth United States and Poland should translate into improved long product steel demand, which bodes well for Commercial Metals (CMC).

          Commercial Metals (CMC) Q3 Earnings in Line, Revenues Lag

          Indicators of macroeconomic and market conditions in both the United States and Poland suggest economic growth and robust long steel product demand, which bodes well for Commercial Metal (CMC).

            Here's How the Steel Industry's Getting Hot

            There are plenty of reasons to be optimistic about the broader steel industry, both in the short and long term.

              Is the Options Market Predicting a Spike in Commercial Metals (CMC) Stock?

              Surging implied volatility makes Commercial Metals (CMC) stock lucrative to the option traders.

                Are Options Traders Betting on a Big Move in Commercial Metals (CMC) Stock?

                Surging implied volatility makes Commercial Metals (CMC) stock lucrative to the option traders.

                  Surging Earnings Estimates Signal Good News for Commercial Metals (CMC)

                  Commercial Metals (CMC) could be an interesting play for investors as it is seeing solid activity on the earnings estimate revision, along with decent short-term momentum.

                    Commercial Metals (CMC) Looks Good: Stock Adds 6.8% in Session

                    The shares of Commercial Metals (CMC) rose after the company entered into a definitive agreement to acquire certain U.S. rebars steel mill and fabrication assets from Gerdau S.A.

                      Commercial Metals (CMC) Surges: Stock Moves 6.9% Higher

                      Commercial Metals (CMC) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

                        Auto, Construction Sectors: Pillars of the Steel Industry

                        Expectations of increased infrastructure-related spending in the United States have thrust steel company stocks to new highs.

                          Why Commercial Metals (CMC) Could Be Positioned for a Surge

                          Commercial Metals (CMC) is seeing solid earnings estimate revisions, and the stock is showing decent short-term momentum as well.

                            Commercial Metals to Offer Senior Notes Worth $300 Million

                            Commercial Metals (CMC) said that it will sell $300 million total principal amount of 5.375% senior notes due 2027.

                              Zacks Industry Outlook Highlights: Nucor, Commercial Metals, United States Steel, ArcelorMittal and Steel Dynamics

                              Zacks Industry Outlook Highlights: Nucor, Commercial Metals, United States Steel, ArcelorMittal and Steel Dynamics

                                Steel Industry Back in Favor: Time to Buy?

                                Expectations of increased infrastructure-related spending in the U.S. have thrust steel company stocks to new highs, particularly following the November election.

                                  Is Commercial Metals (CMC) Stock a Solid Choice Right Now?

                                  Commercial Metals (CMC) in the Steel - Producers space is seeing solid earnings estimate revisions, and is a great company from a Zacks Industry Rank perspective.