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Commercial Metals Company Announces Proposed Private Offering of $2,000 Million Senior Notes
Prnewswire· 2025-11-12 12:58
Core Viewpoint - Commercial Metals Company (CMC) plans to offer $2,000 million in new senior unsecured notes to fund the acquisition of Foley Products Company and for general corporate purposes [1][3]. Offering Details - The final terms of the offering will be determined at the time of pricing, and the notes will rank equally with CMC's existing and future senior unsecured indebtedness [2]. - The offering is not contingent upon the closing of the Foley Acquisition, and if the acquisition is not completed by October 15, 2026, CMC will redeem the notes at 100% of the initial issue price plus accrued interest [4]. Use of Proceeds - The net proceeds from the sale of the notes will be used to fund the Foley Acquisition, transaction-related fees, and general corporate purposes [3]. Regulatory Compliance - The notes will be offered only to qualified institutional buyers and certain non-U.S. persons, and will not be registered under the Securities Act [4][5]. Company Overview - CMC is an innovative solutions provider in the construction sector, offering products and technologies to meet reinforcement needs across various applications [6].
Best Value Stocks to Buy for Nov.10
ZACKS· 2025-11-10 13:06
Group 1: Stock Recommendations - Suzano S.A. (SUZ) is highlighted as a strong investment opportunity with a Zacks Rank 1 and a 6.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - United Fire Group, Inc. (UFCS) also carries a Zacks Rank 1, with a notable 29.7% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [2] - Commercial Metals Company (CMC) is recognized with a Zacks Rank 1, showing a 16.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] Group 2: Valuation Metrics - Suzano S.A. has a price-to-earnings (P/E) ratio of 4.03, significantly lower than the industry average of 13.70, and holds a Value Score of A [2] - United Fire Group has a P/E ratio of 8.99, compared to the industry average of 12.70, and also possesses a Value Score of A [3] - Commercial Metals Company has a P/E ratio of 11.07, which is lower than the S&P 500 average of 24.72, and has a Value Score of B [4]
Cielo Announces Closing of First Tranche of Unit Offering
Globenewswire· 2025-11-10 12:00
Core Points - Cielo Waste Solutions Corp. has closed a tranche of its non-brokered private placement offering, issuing 29,325,000 units for gross proceeds of C$1,466,250 at a price of $0.05 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of one common share at $0.07 for two years [2] - The offering has received conditional approval from the TSX Venture Exchange and is subject to a hold period expiring on March 8, 2026 [3] Financial Details - The net proceeds from the offering are expected to be used for the development of a renewable fuels facility in British Columbia, including regulatory work and general working capital [4] - Approximately C$750,000 of the proceeds will be allocated to a settlement agreement with Expander Energy Inc., which has been fully paid [4] Company Vision and Future Plans - The CEO of Cielo stated that this financing reflects strong investor confidence and marks a transition from restructuring to growth, focusing on Project Nexus in British Columbia [5] - Cielo aims to position itself at the forefront of the clean-fuels economy in the province and support Canada's low-carbon goals [5] Company Overview - Cielo Waste Solutions Corp. is dedicated to transforming waste materials into high-value products, addressing global waste challenges while contributing to the circular economy and reducing carbon emissions [6] - The company is committed to providing environmental waste solutions and believes this will generate positive returns for shareholders [6]
Is Commercial Metals (CMC) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2025-11-05 18:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong growth stocks can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Commercial Metals (CMC) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for performance [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being highly desirable [3] - Commercial Metals has a historical EPS growth rate of 0.4%, but projected EPS growth for this year is 69.5%, significantly exceeding the industry average of 40% [4] Group 3: Asset Utilization - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important metric for assessing efficiency in generating sales [5] - Commercial Metals has an S/TA ratio of 1.13, indicating that the company generates $1.13 in sales for every dollar in assets, outperforming the industry average of 0.9 [5] Group 4: Sales Growth - Sales growth is another key indicator, with Commercial Metals expected to achieve a 6.5% sales growth this year, compared to an industry average of 0% [6] Group 5: Earnings Estimate Revisions - Positive trends in earnings estimate revisions are correlated with stock price movements [7] - The current-year earnings estimates for Commercial Metals have increased by 10.6% over the past month, indicating a favorable outlook [7] Group 6: Conclusion - Commercial Metals has achieved a Growth Score of B and a Zacks Rank 1 due to positive earnings estimate revisions, positioning it well for potential outperformance [9]
Why Fast-paced Mover Commercial Metals (CMC) Is a Great Choice for Value Investors
ZACKS· 2025-10-31 13:51
Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] Company Analysis: Commercial Metals (CMC) - CMC has shown a price increase of 2.1% over the past four weeks, indicating growing investor interest [4] - The stock has gained 12.8% over the past 12 weeks, with a beta of 1.32, suggesting it moves 32% more than the market [5] - CMC has a Momentum Score of A, indicating a favorable time to invest [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - CMC is trading at a Price-to-Sales ratio of 0.85, suggesting it is undervalued at 85 cents for each dollar of sales [7] Investment Opportunities - CMC appears to have significant growth potential and is part of a broader list of stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [8] - There are over 45 Zacks Premium Screens available for investors to identify winning stock picks based on their investing style [9]
ChemDiv Extends CMC Services Collaboration for Ratutrelvir, a Potential Best-in-Class COVID-19 Therapeutic Advancing in Phase 2 Clinical Trials
Prnewswire· 2025-10-30 16:00
Core Insights - ChemDiv announced an extension of its Chemistry, Manufacturing and Controls (CMC) services collaboration to support the clinical development of ratutrelvir, an oral antiviral treatment for COVID-19, following Traws Pharma's initiation of Phase 2 studies [1][3] - Ratutrelvir is a ritonavir-free Main protease inhibitor, designed to offer high potency against various SARS-CoV-2 strains, with a simplified 10-day treatment regimen [2][4] - The ongoing collaboration between ChemDiv, Traws Pharma, and Expert Systems aims to enhance the clinical development of ratutrelvir through advanced predictive safety pharmacology [3][5] Company Overview - ChemDiv is a global provider of integrated drug discovery solutions, offering a wide range of services including medicinal chemistry, CMC, and AI-powered drug design [9] - Traws Pharma is a clinical-stage biopharmaceutical company focused on developing novel antiviral therapies for respiratory viral diseases, including ratutrelvir for COVID-19 [8] - Expert Systems is an advanced AI-based platform that supports drug discovery and development, contributing to the predictive pharmacology of ratutrelvir [5] Clinical Development - Ratutrelvir is currently being evaluated in two Phase 2 studies: one comparing it to PAXLOVID® in newly diagnosed patients and another for PAXLOVID®-ineligible patients [3][4] - Phase 1 studies indicated that ratutrelvir maintained plasma levels approximately 13 times above the effective concentration with a once-daily dosing regimen, potentially reducing the risk of viral rebound and Long COVID [3]
4 High-Earnings Yield Value Picks Ahead of Potential Fed Rate Cut
ZACKS· 2025-10-29 13:56
Core Insights - Major U.S. stock market indices reached record highs as investors anticipate the Federal Reserve's policy decision, with the S&P 500 climbing 0.23% to 6,890.89, briefly surpassing the 6,900 mark for the first time [1][10] - The Federal Reserve is expected to announce a quarter-point rate cut, with potential additional cuts in the future, despite a slight increase in September inflation [2] - Value investing is gaining traction in the current economic uncertainty, focusing on stocks priced below their intrinsic value [3][10] Market Overview - The Dow, S&P 500, and Nasdaq all achieved new highs, indicating strong investor sentiment [1] - Analysts believe the Fed will prioritize supporting a softening labor market over controlling inflation, although missing economic data due to the government shutdown may complicate policy signals [2] Investment Strategy - Value investing emphasizes purchasing undervalued stocks, which can provide opportunities for profit as markets often misprice stocks [3] - Companies with solid fundamentals and reasonable valuations are highlighted as potential investment opportunities [4] Earnings Yield Metric - Earnings yield is a key metric for value investors, calculated as (Annual Earnings per Share/Market Price) x 100, and serves as a comparison tool against bond returns [5][6] - A high earnings yield may indicate that a stock is undervalued, while a low yield could suggest overvaluation [5] Stock Screening Criteria - The primary screening criterion is an Earnings Yield greater than 10%, supplemented by estimated EPS growth and average daily volume [7][8] - Additional filters include a current price of at least $5 and a Zacks Rank of 1 (Strong Buy) or 2 (Buy) for stock selection [9] Selected Value Stocks - Aura Minerals Inc. (AUGO) is focused on gold and base metal projects, with projected earnings growth of 120.3% and 165.6% for 2025 and 2026, respectively [11] - Commercial Metals Company (CMC) anticipates sales and earnings growth of 5% and 73% for fiscal 2026 [12] - Par Pacific Holdings (PARR) projects significant earnings growth of 951% and 24% for 2025 and 2026 [13] - CorMedix Inc. (CRMD) expects earnings growth of 717% and 34% for 2025 and 2026 [14]
Commercial Metals Company (CMC) Board Approves Cash Dividend as Earnings Grow
Yahoo Finance· 2025-10-26 10:16
Group 1 - Commercial Metals Company (CMC) is recognized as one of the top steel stocks to buy amid US tariffs, with a commitment to shareholder value affirmed by the board of directors [1] - The board approved a quarterly cash dividend of $0.18 per share, to be paid on November 13 to shareholders of record as of October 30, marking 224 consecutive quarters of dividend payments [2] - CMC reported impressive fourth-quarter results, with earnings increasing to $151.78 million, or $1.35 per share, compared to $103.93 million, or $0.90 per share in the same quarter last year, and revenue up 5.9% to $2.11 billion [3] Group 2 - CMC operates as a global company that recycles and manufactures steel products for various industries, including construction, manufacturing, energy, and agriculture, utilizing a vertically integrated model that combines scrap metal recycling with steel production and fabrication [4]
Cielo Confirms No Material Change
Globenewswire· 2025-10-24 18:02
Group 1 - Cielo Waste Solutions Corp. has confirmed that its management is unaware of any material changes in operations that would explain the recent increase in market activity [1] - Cielo focuses on transforming waste materials into high-value products, addressing global waste challenges and contributing to the circular economy while reducing carbon emissions [2] - The company aims to be a leader in the wood by-product-to-fuels industry by utilizing environmentally friendly and economically sustainable technologies [2] Group 2 - Cielo is committed to providing environmental waste solutions that are expected to generate positive returns for shareholders [2] - The company's shares are publicly traded on the TSX Venture Exchange under the symbol "CMC" and on the OTCQB under the symbol "CWSFF" [2]
Are You Looking for a Top Momentum Pick? Why Commercial Metals (CMC) is a Great Choice
ZACKS· 2025-10-23 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Group 1: Company Overview - Commercial Metals (CMC) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - CMC has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [3] Group 2: Price Performance - CMC shares have increased by 0.72% over the past week, while the Zacks Steel - Producers industry has risen by 0.75% [5] - Over the last month, CMC's price change is 4.7%, compared to the industry's 5.87% [5] - In the last quarter, CMC shares have risen by 14.43%, and over the past year, they have gained 16.5%, outperforming the S&P 500's increases of 6.56% and 15.83%, respectively [6] Group 3: Trading Volume - CMC's average 20-day trading volume is 1,375,395 shares, which serves as a useful indicator of price movement and market interest [7] Group 4: Earnings Outlook - In the past two months, three earnings estimates for CMC have been revised upwards, increasing the consensus estimate from $4.71 to $5.24 [9] - For the next fiscal year, two estimates have also moved higher, with no downward revisions [9] Group 5: Conclusion - Given the strong momentum indicators and positive earnings outlook, CMC is positioned as a promising investment opportunity [11]