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Commercial Metals (CMC)

(Real Time Quote from BATS)

$54.16 USD

54.16
49,644

+0.42 (0.78%)

Updated May 1, 2024 10:13 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth C 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%.

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

Bottom 32% (171 out of 251)

Industry: Steel - Producers

Better trading starts here.

Zacks News

Commercial Metals (CMC) Stock Moves -0.65%: What You Should Know

In the latest trading session, Commercial Metals (CMC) closed at $44.05, marking a -0.65% move from the previous day.

Commercial Metals (CMC) Gains But Lags Market: What You Should Know

Commercial Metals (CMC) closed the most recent trading day at $46.42, moving +0.09% from the previous trading session.

What's in Store for Commercial Metals (CMC) in Q2 Earnings?

Commercial Metals' (CMC) fiscal second-quarter results are likely to reflect gains from strong demand, offset by market uncertainties and higher costs.

Here's Why You Should Hold on to Commercial Metals (CMC) Now

Commercial Metals (CMC) is gaining from demand and order levels, partially offset by market uncertainties and higher scrap margins.

Zacks.com featured highlights Inter Parfums, Commercial Metals and Voya Financial

Inter Parfums, Commercial Metals and Voya Financial have been highlighted in this Screen of The Week article.

Commercial Metals (CMC) Stock Moves -1.09%: What You Should Know

Commercial Metals (CMC) closed at $51.59 in the latest trading session, marking a -1.09% move from the prior day.

Commercial Metals (CMC) Buys Metal Recycling Company Roane

Commercial Metals (CMC) acquires a metal recycling company as a part of its strategic actions.

Tirthankar Chakraborty headshot

3 Top Momentum Picks Banking on the Driehaus Strategy

Stocks like Inter Parfums (IPAR), Commercial Metals (CMC) and Voya Financial (VOYA) have been selected as the momentum picks for the day using the Driehaus strategy.

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

Here is how Commercial Metals (CMC) and Olympic Steel (ZEUS) have performed compared to their sector so far this year.

Abhinab Dasgupta headshot

Beat the Market the Zacks Way: Oracle, Medtronic, Uber in Focus

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

Sociedad Quimica (SQM) Q4 Earnings Beat Estimates, Sales Lag

Sociedad Quimica (SQM) gains from the high pricing environment and strong demand for lithium in the fourth quarter.

Koppers (KOP) Earnings Top Estimates in Q4, Revenues Lag

Record sales from RUPS and PC segments drive Koppers' (KOP) top line in the fourth quarter.

TimkenSteel (TMST) Earnings Beat Estimates in Q4, Revenues Miss

Lower ship tons due to reduced industrial and mobile shipments hurt TimkenSteel's (TMST) top line in Q4.

Quaker Chemical's (KWR) Earnings and Sales Top Estimates in Q4

Higher selling price and product mix as well as additional net sales from acquisitions drive Quaker Chemical's (KWR) top line in Q4.

Element Solutions (ESI) Earnings and Sales Beat Estimates in Q4

Element Solutions' (ESI) Q4 results surpassed estimates despite headwinds from the weakening of demand in high-end electronics markets.

TimkenSteel (TMST) Reports Q4 Loss, Lags Revenue Estimates

TimkenSteel (TMST) delivered earnings and revenue surprises of 61.54% and 23.65%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Teck (TECK) Misses on Q4 Earnings, To Spin Off Steelmaking Coal

Teck Resources' (TECK) Q4 bottom line reflects the impacts of lower metal prices, as well as inflationary pressures.

Westlake (WLK) Misses Q4 Earnings and Revenue Estimates

Lower sales prices and softer demand in most geographies and product categories hurt Westlake's (WLK) Q4 results.

Reliance Steel (RS) Earnings Top Estimates in Q4, Revenues Lag

Weaker shipments and lower average selling prices hurt Reliance Steel's (RS) top line in the fourth quarter.

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.

Barrick's (GOLD) Earnings Beat Estimates in Q4, Revenues Lag

Lower year over year gold production, higher costs and weaker gold and copper prices weigh on Barrick's (GOLD) Q4 performance.

Albemarle's (ALB) Q4 Earnings Surpass Estimates, Sales Lag

Higher lithium prices and increased volumes drive Albemarle's (ALB) performance in the fourth quarter.

Is Commercial Metals (CMC) Outperforming Other Basic Materials Stocks This Year?

Here is how Commercial Metals (CMC) and Wheaton Precious Metals Corp. (WPM) have performed compared to their sector so far this year.

Shaun Pruitt headshot

2 Basic Materials Stocks to Buy for Protection in 2023

With egg and steel prices remaining above historical levels, Cal-Maine Foods and Commercial Metals look poised to continue benefiting from higher commodity prices.

ArcelorMittal's (MT) Q4 Earnings and Revenues Surpass Estimates

Lower steel selling prices and reduced steel shipments due to significantly lower demand as a result of destocking weigh on ArcelorMittal's (MT) sales in Q4.