Core & Main (CNM) Ascends But Remains Behind Market: Some Facts to Note

Group 1 - Core & Main (CNM) closed at $47.53, reflecting a +0.23% change from the previous day, underperforming compared to the S&P 500's gain of 1.12% [1] - Over the past month, CNM shares experienced a loss of 13.21%, which is worse than the Industrial Products sector's loss of 7.88% and the S&P 500's loss of 4.13% [1] Group 2 - The upcoming earnings release for Core & Main is anticipated, with projected EPS of$ 0.36, indicating a 5.88% increase year-over-year, and expected quarterly revenue of $1.68 billion, up 16.67% from the previous year [2] - Recent analyst estimate revisions for Core & Main suggest positive short-term business trends, reflecting analysts' confidence in the company's performance [3] Group 3 - The Zacks Rank system, which evaluates estimate changes, currently ranks Core & Main at 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the past month [5] - Core & Main has a Forward P/E ratio of 19.73, which is higher than the industry average of 19.23 [6] Group 4 - The company has a PEG ratio of 2.36, compared to the Manufacturing - Tools & Related Products industry's average PEG ratio of 1.29 [7] - The Manufacturing - Tools & Related Products industry is ranked 88 in the Zacks Industry Rank, placing it in the top 36% of over 250 industries, indicating strong performance potential [8]