Core & Main(US:CNM) ZACKS·2026-02-24 00:01Company Overview - Core & Main (CNM) closed at $54.63, down 3.12% from the previous trading session, underperforming the S&P 500's loss of 1.04% [1] - The company has experienced a 3.74% decline prior to the current trading day, lagging behind the Industrial Products sector's gain of 11.93% and the S&P 500's gain of 1.75% [1] Earnings Projections - The upcoming earnings per share (EPS) for Core & Main is projected at $0.48, reflecting a 45.45% increase compared to the same quarter last year [2] - Revenue is estimated to be $1.58 billion, indicating a 6.82% decrease compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $2.93 per share, representing a 37.56% increase from the previous year, while revenue is expected to be $7.66 billion, showing a 2.98% increase [3] - Recent changes in analyst estimates are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [3] Valuation Metrics - Core & Main is currently trading with a Forward P/E ratio of 17.7, which is lower than the industry average Forward P/E of 19.7 [6] - The company has a PEG ratio of 2.01, compared to the Manufacturing - Tools & Related Products industry's average PEG ratio of 1.8 [6] Industry Context - The Manufacturing - Tools & Related Products industry is part of the Industrial Products sector and holds a Zacks Industry Rank of 93, placing it in the top 38% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]