NYSE:CNM - New York Stock Exchange, Inc. - US21874C1027 - Common Stock - Currency: USD
The average brokerage recommendation (ABR) for Core & Main (CNM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
In the closing of the recent trading day, Core & Main (CNM) stood at $52.69, denoting a -1.57% change from the preceding trading day.
Bitcoin hit an all-time high today but that didn't last long. The drop in Bitcoin and crypto more broadly was driven by a weak bond auction from the Treasury Department, which caused a market drop across the board. Bitcoin (CRYPTO: BTC) was on fire early in the day on Wednesday, only to crash as the market dropped.
Over the past six months, Core & Main has been a great trade. While the S&P 500 was flat, the stock price has climbed by 19.3% to $52.53 per share. This performance may have investors wondering how to approach the situation.
Core & Main (CNM) closed at $53.02 in the latest trading session, marking a +0.65% move from the prior day.
In the latest trading session, Core & Main (CNM) closed at $50.43, marking a +1.49% move from the previous day.
Core & Main (CNM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
In the latest trading session, Core & Main (CNM) closed at $52.53, marking a -0.85% move from the previous day.
It powered well past analyst estimates for both revenue and net income. The sun was shining brightly on solar industry technology specialist Nextracker's (NASDAQ: NXT) stock on Thursday. After the company crushed analyst estimates in its latest quarterly-earnings report, satisfied investors pushed its share price up by nearly 12%, obliterating the S&P 500 index's 0.4% increase.
April data from Cass Information Systems showed some stabilization on the freight industry’s path to recovery. The post April sees mixed freight trends on path to recovery appeared first on FreightWaves.
Core & Main (CNM) reachead $51.64 at the closing of the latest trading day, reflecting a -0.39% change compared to its last close.
In the closing of the recent trading day, Core & Main (CNM) stood at $48.64, denoting a -1.72% change from the preceding trading day.
(Reuters) -Australia's ANZ Group reported largely flat first-half cash earnings on Thursday as competition pressured margins and a rise in impairments offset lending growth, while flagging that market activity is likely to realign due to global trade risks. "Trade flows are interrupted, customers are forced to adjust strategies, and capital is more cautious," ANZ's outgoing CEO Shayne Elliott said on a conference call. "While we focus on risk settings in the short term, global economic and market activity is likely to realign rather than decline, and we will continue to follow our customers and facilitate that realignment as they move their capital, rethink their manufacturing base, or change their supply chains," he added.
We came across a bullish thesis on Snowflake Inc. (NYSE:SNOW) on ValueInvestorsClub by Wells. In this article, we will summarize the bulls’ thesis on SNOW. The company’s shares were trading at $147.56 when this thesis was published, vs. the closing price of $158.96 on Apr 28. SNOW provides a cloud-based data platform for various organizations […]
We came across a bullish thesis on Core & Main, Inc. (NYSE:CNM) on ValueInvestorsClub by yellow. In this article, we will summarize the bulls’ thesis on CNM. The company’s shares were trading at $48.00 when this thesis was published, vs. the closing price of $52.53 on Apr 25. CNM distributes water, wastewater, storm drainage, and […]
LONDON (Reuters) -The Bank of England is poised to extend its slow run of interest rate cuts on Thursday with investors watching for any signs that it could soon pick up the pace as U.S. President Donald Trump's tariffs weigh on the world economy. Governor Andrew Bailey and his BoE colleagues have long stressed the need for a gradual and careful approach to lowering borrowing costs, something most analysts say is likely to continue given the scale of uncertainty about the outlook. The BoE has cut rates just three times so far since last August, moving more slowly than the U.S. Federal Reserve and the European Central Bank due to its concerns about inflationary heat in the jobs market.
We came across a bullish thesis on Qualys, Inc. (QLYS) on Substack by Na’s Substack. In this article, we will summarize the bulls’ thesis on QLYS. Qualys, Inc. (QLYS)’s share was trading at $126.82 as of May 5th. QLYS’s trailing and forward P/E were 27.27 and 21.74 respectively according to Yahoo Finance. Qualys, Inc. (QLYS) is a […]
We came across a bullish thesis on DexCom, Inc. (DXCM) on Substack by Na’s Substack. In this article, we will summarize the bulls’ thesis on DXCM. DexCom, Inc. (DXCM)’s share was trading at $81.53 as of May 5th. DXCM’s trailing and forward P/E were 61.30 and 40.65 respectively according to Yahoo Finance. Dexcom, Inc. stands at the […]
Unfortunately, it missed analyst estimates on both the top and bottom lines. A big quarterly earnings miss was the news driving down the value of Apellis Pharmaceuticals (NASDAQ: APLS) stock in the middle of the trading week. Investors didn't take this development well, and they collectively pushed down Apellis by almost 6%, on a day when the S&P 500 (SNPINDEX: ^GSPC) closed in the black with a 0.4% gain.
The Manitowoc Company (MTW) delivered earnings and revenue surprises of -60% and 1.90%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: MTW
We recently compiled a list of the 20 Large-Cap Stocks Insiders and Short Sellers Are Dumping Like Crazy. In this article, we are going to take a look at where Core & Main, Inc. (NYSE:CNM) stands against the other large-cap stocks. Uncertainty is around every corner of the U.S. stock market, affecting investors’ decisions. With President […]
Based on the average brokerage recommendation (ABR), Core & Main (CNM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 12.1% over the past six months. This drawdown was worse than the S&P 500’s 5.2% decline.
Mentions: SLGN
The latest trading day saw Core & Main (CNM) settling at $52.53, representing a +0.23% change from its previous close.