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Commercial Metals (CMC) Is Up 5.53% in One Week: What You Should Know
ZACKS· 2025-12-16 18:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characte ...
Commercial Metals Completes Acquisition of Foley Products Company
Prnewswire· 2025-12-15 21:19
IRVING, Texas, Dec. 15, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") today announced that it has successfully completed the acquisition of Foley Products Company, LLC ("Foley") for a cash purchase price of $1.84 billion, subject to customary adjustments. Foley is a leading supplier of precast concrete and pipe products to the Southeast region, with additional presence in the Central and Western U.S. The company operates 18 facilities across nine states. Foley offers o ...
Take the Zacks Approach to Beat the Markets: Liquidia, Western Digital & Johnson & Johnson in Focus
ZACKS· 2025-12-15 15:11
Key Takeaways Liquidia Corporation shares have gained 43.9% since an October upgrade, far outpacing the S&P 500's rise.Shares of WDC have climbed 52.8% since its October Outperform upgrade, beating the S&P 500 by a wide margin.JNJ has returned 19.3% over 12 weeks, benefiting from investor demand for quality dividend stocks.The U.S. stock markets ended the week mostly lower, with the tech-heavy Nasdaq Composite and the S&P 500 slipping by 1.49% and 0.28%, respectively, due to a sharp selloff in tech stocks. ...
4 Steel Stocks That Have Gained More Than 40% YTD Amid Price Recovery
ZACKS· 2025-12-11 14:31
Key Takeaways CMC, MT, NUE and STLD have gained over 40% YTD amid a gradual steel price recovery.CMC is leveraging acquisitions, price hikes and strong demand to boost growth and expand its market footprint.MT, STLD and NUE are investing in capacity and value-added products to drive earnings.The steel industry has navigated 2025 with a combination of price volatility, changing trade policies and uneven end-market demand. Steel prices have swung widely through the year as a slowdown in top consumer China, U. ...
Commercial Metals Company (NYSE: CMC) Sees Positive Outlook from Jefferies
Financial Modeling Prep· 2025-12-10 17:00
Core Insights - Commercial Metals Company (CMC) is a significant player in the steel and metal industry, involved in the production and recycling of steel and metal products, operating in both the U.S. and international markets [1] - Jefferies upgraded CMC's stock from Hold to Buy on December 10, 2025, reflecting a more optimistic outlook, with the stock price at $66.19 at the time of the upgrade [2][6] - CMC is expected to see an 87.5% surge in earnings for fiscal 2026, indicating resilience despite challenges such as tariffs and supply-chain issues [3][6] Market Performance - CMC's current stock price is $66.19, with a slight decrease of 0.57, or approximately -0.85%, and has fluctuated between a low of $65.88 and a high of $66.69 today [4] - Over the past year, CMC's stock has ranged from a high of $68.35 to a low of $37.92, showcasing its market volatility [4] - The company's market capitalization is approximately $7.35 billion, highlighting its significant presence in the industry [5][6] Investor Sentiment - There has been an 8.3% increase in broker ratings for CMC, indicating growing confidence in the company's performance [2] - The trading volume today is 556,594 shares on the NYSE, reflecting strong investor interest [5]
Best Growth Stocks to Buy for December 10th
ZACKS· 2025-12-10 13:56
Group 1: Great Lakes Dredge & Dock (GLDD) - Great Lakes Dredge & Dock is the largest provider of dredging services in the US, focusing on maintaining and deepening shipping channels, land reclamation, and storm-damaged coastline restoration [1] - The company has a Zacks Rank of 1 (Strong Buy) and has seen a Zacks Consensus Estimate for its current year earnings increase by 8.1% over the last 60 days [1] - Great Lakes Dredge & Dock has a PEG ratio of 1.9, which is lower than the industry average of 3.1, and possesses a Growth Score of A [2] Group 2: Primoris Services (PRIM) - Primoris Services is one of the largest specialty contractors and infrastructure companies in the United States [2] - The company also carries a Zacks Rank of 1 and has experienced a Zacks Consensus Estimate for its current year earnings increase of 9.1% over the last 60 days [2] - Primoris Services has a PEG ratio of 1.11 compared to the industry average of 3.35, and it holds a Growth Score of A [3] Group 3: Commercial Metals (CMC) - Commercial Metals manufactures, recycles, and markets steel and metal products, along with related materials and services [3] - The company has a Zacks Rank of 1 and has seen a significant increase in the Zacks Consensus Estimate for its current year earnings by 24.4% over the last 60 days [3] - Commercial Metals has a PEG ratio of 0.44, which is considerably lower than the industry average of 1.31, and it possesses a Growth Score of B [4]
CMC Named to Newsweek's America's Most Responsible Companies 2026 List
Prnewswire· 2025-12-10 11:40
Core Insights - Commercial Metals Company (CMC) has been recognized on Newsweek's America's Most Responsible Companies list for 2026, marking the fourth consecutive year of receiving this honor [1][2] Company Overview - CMC is an innovative solutions provider focused on building a stronger, safer, and more sustainable world, primarily through its extensive manufacturing network in the United States and Central Europe [2] - The company offers products and technologies that meet the critical reinforcement needs of the global construction sector, supporting various applications including infrastructure, non-residential, residential, industrial, and energy generation and transmission [2] Commitment to Responsibility - The recognition from Newsweek reflects the dedication of CMC's employees and the company's ongoing commitment to operating responsibly, supporting communities, and reducing environmental impact [2] - CMC aims to advance its priorities to build a stronger future for all stakeholders [2]
CMC Announces First Quarter Fiscal 2026 Conference Call Webcast Details
Prnewswire· 2025-12-08 21:15
IRVING, Texas, Dec. 8, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its first quarter earnings release for fiscal 2026, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, January 8, 2026, at 11:00 a.m. Eastern Time (10:00 a.m. Central) with Peter Matt, President and Chief Executive Officer, and Paul Lawrence, Senior Vice President and Chief Financial Officer. The teleconference will also be available via webcast. To ...
Commercial Metals Stock Hits 52-Week High: What's Driving It?
ZACKS· 2025-12-08 18:21
Core Insights - Commercial Metals Company (CMC) stock reached a 52-week high of $68.35, closing at $66.86, driven by the acquisition of Concrete Pipe & Precast, LLC (CP&P) and strong Q4 results [1][9] - CMC has a market capitalization of $7.4 billion and holds a Zacks Rank 1 (Strong Buy) [1] Financial Performance - CMC reported Q4 earnings per share (EPS) of $1.35, up from $0.90 year-over-year, and adjusted EPS of $1.37, exceeding the Zacks Consensus Estimate of $1.32 [2] - Net sales for the quarter were $2.11 billion, a 5.9% increase year-over-year, surpassing the Zacks Consensus Estimate of $2.04 billion [3] - Gross profit rose 21.6% to $393 million, while core EBITDA increased 32.9% to $291 million [3] Recent Acquisitions - CMC completed the acquisition of CP&P, which is expected to create a scalable platform in a fragmented industry with strong profit margins [4] - The acquisition is projected to be immediately accretive to CMC's EPS and free cash flow, with annual run-rate synergies expected between $5 million and $10 million by the third year [5] - CMC also plans to acquire Foley Products Company for $1.84 billion, expected to close by the end of 2025, which will enhance its position in the precast concrete market [6] Market Conditions - Strong demand in North America for CMC's major product lines is anticipated to positively impact results [7] - The company is implementing price increases across its mill products to counter rising scrap costs, which will help maintain margins [7] Stock Performance - CMC shares have increased by 8.9% over the past year, compared to the industry's growth of 22.2% [8]
Bet on These 3 Stocks With Upgraded Broker Ratings Amid Uncertainties
ZACKS· 2025-12-08 15:45
Key Takeaways ILMN earnings are projected to rise 92.2% y/y in 2025, with a 5% broker rating upgrade in four weeks.CMC has seen an 8.3% broker rating upgrade and expects an 87.5% earnings surge in fiscal 2026.NEM earnings are forecast to jump 74.1% in 2025, with broker upgrades up 4.8% in four weeks.As the U.S. economy continues to face sticky inflation and softening job growth, the chances of the Federal Reserve cutting interest rates are high now. Alternatively, tariffs, supply-chain pressures and uneven ...