CMC

Commercial Metals Co

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Advanced Chart

52.190

-0.21(-0.401%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

53.310

Open

52.360

VWAP

52.31

Vol

745.77K

Mkt Cap

5.84B

Low

51.760

Amount

39.01M

EV/EBITDA(TTM)

8.44

Total Shares

114.99M

6.32B

EV/OCF(TTM)

8.40

P/S(TTM)

0.78

Commercial Metals Company is engaged in offering products and technologies to meet the critical reinforcement needs of the global construction sector. The Company’s solutions support construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation, and transmission. Its segments include North America Steel Group, Europe Steel Group and the Emerging Businesses Group. The North America Steel Group segment provides a diverse offering of products and solutions to support the construction sector. The Europe Steel Group segment is composed of a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland. The Emerging Businesses Group segment's portfolio consists of its construction services products, Tensar products and solutions and its impact metals, and performance reinforcing steel products.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q2

FY2026Q1

FY2025Q4

2.02B

+15.36%

0.733

+181.75%

2.11B

+10.26%

0.986

+26.37%

2.08B

+3.97%

1.363

+51.46%

Estimates Revision

The market is revising Downward the revenue expectations for Commercial Metals Company (CMC) for FY2025, with the revenue forecasts being adjusted by -0.68% over the past three months. During the same period, the stock price has changed by 17.18%.

Revenue Estimates for FY2025

Revise Downward

-0.68%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+9.59%

In Past 3 Month

Stock Price

Go Up

+17.18%

In Past 3 Month

6 Analyst Rating

2.99% Upside

Wall Street analysts forecast CMC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMC is 53.75 USD with a low forecast of 48.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

4 Hold

0 Sell

Moderate Buy

2.99% Upside

Current: 52.190

Low

48.00

Averages

53.75

High

60.00

2.99% Upside

Current: 52.190

Low

48.00

Averages

53.75

High

60.00

JPMorgan

Neutral

maintain

$52 -> $54

2025-07-14

Reason

JPMorgan

Price Target

$52 -> $54

2025-07-14

maintain

Neutral

Reason

JPMorgan raised the firm's price target on Commercial Metals to $54 from $52 and keeps a Neutral rating on the shares. The firm adjusted steel price targets ahead of the Q2 reports. It increased the targets to reflect the multiple re-rating off President Trump's "Liberation Day" lows and a higher price floor. The protectionism and national security backing from the Trump administration warrant a valuation premium for U.S. mills on higher through-cycle pricing, the analyst tells investors in a research note.

Morgan Stanley

Carlos De Alba

Equal Weight

maintain

$53

2025-06-25

Reason

Morgan Stanley

Carlos De Alba

Price Target

$53

2025-06-25

maintain

Equal Weight

Reason

Morgan Stanley analyst Carlos De Alba raised the firm's price target on Commercial Metals to $57.50 from $53 and keeps an Equal Weight rating on the shares after updating estimates to include the latest company guidance following Q3 earnings.

BMO Capital

Katja Jancic

Market Perform

downgrade

$57 -> $55

2025-06-24

Reason

BMO Capital

Katja Jancic

Price Target

$57 -> $55

2025-06-24

downgrade

Market Perform

Reason

BMO Capital analyst Katja Jancic lowered the firm's price target on Commercial Metals to $55 from $57 and keeps a Market Perform rating on the shares. The company's Q3 earnings were a miss, but its earnings are expected to improve sequentially in Q4, the analyst tells investors in a research note. Commercial Metals' TAG program - Transform, Advance, Grow - is taking shape, with a total run-rate benefit from current initiative expected to exceed $100M, BMO added.

Morgan Stanley

Carlos De Alba

Equal Weight

maintain

$48 -> $53

2025-06-21

Reason

Morgan Stanley

Carlos De Alba

Price Target

$48 -> $53

2025-06-21

maintain

Equal Weight

Reason

Morgan Stanley analyst Carlos De Alba raised the firm's price target on Commercial Metals to $53 from $48 and keeps an Equal Weight rating on the shares after updating the firm's steel price estimates on the back of President Trump doubling the existing tariff to 50%. Domestic mills will benefit from higher prices in the near-term, but soft underlying demand and potential trade deals with allies will cap pricing and may result in a downward trend by year-end, the analyst tells investors in a note on the North American steel producer group.

JPMorgan

Neutral

initiated

$52

2025-05-30

Reason

JPMorgan

Price Target

$52

2025-05-30

initiated

Neutral

Reason

JPMorgan initiated coverage of Commercial Metals with a Neutral rating and $52 price target. The company is "on the cusp" of finishing a major capex cycle, leading to improved free cash flow generation and shareholder returns ahead, the analyst tells investors in a research note. However, the firm says near-term market indicators for Commercial Metals' largest exposure in non-residential construction "look gloomy," and could remain as such for some time given the uncertain macro outlook, weighed down by fluid trade policy and higher-for-longer rates.

Wolfe Research

Timna Tanners

Peer Perform -> Outperform

upgrade

2025-05-27

Reason

Wolfe Research

Timna Tanners

Price Target

2025-05-27

upgrade

Peer Perform -> Outperform

Reason

Wolfe Research analyst Timna Tanners upgraded Commercial Metals to Outperform from Peer Perform.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Commercial Metals Co (CMC.N) is 11.80, compared to its 5-year average forward P/E of 9.44. For a more detailed relative valuation and DCF analysis to assess Commercial Metals Co 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

9.44

Current PE

11.80

Overvalued PE

12.73

Undervalued PE

6.16

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

5.40

Current EV/EBITDA

6.24

Overvalued EV/EBITDA

6.45

Undervalued EV/EBITDA

4.34

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.62

Current PS

0.70

Overvalued PS

0.76

Undervalued PS

0.49