Core Insights - Core & Main's stock closed at 0.52, indicating a 6.12% increase year-over-year [2] - Revenue is expected to reach 2.43 per share and revenue at $7.71 billion, showing increases of +14.08% and +3.66% respectively from the previous year [3] Analyst Sentiment - Investors should monitor shifts in analyst projections for Core & Main, as positive estimate revisions can indicate optimism about the company's outlook [4] - The Zacks Rank system, which reflects these estimate changes, currently rates Core & Main at 3 (Hold) [6] Valuation Metrics - Core & Main has a Forward P/E ratio of 21.33, which is higher than the industry average of 18.31 [7] - The company has a PEG ratio of 1.96, compared to the Manufacturing - Tools & Related Products industry's average PEG ratio of 1.49 [7] Industry Context - The Manufacturing - Tools & Related Products industry is part of the Industrial Products sector and currently holds a Zacks Industry Rank of 224, placing it in the bottom 10% of all industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Core & Main (CNM) Suffers a Larger Drop Than the General Market: Key Insights