Commercial Metals Stock Buy Hold or Sell Recommendation
| CMC Stock | USD 60.44 0.72 1.21% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Commercial Metals is 'Strong Hold'. Macroaxis provides Commercial Metals buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CMC positions.
Check out Commercial Metals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide. In addition, we conduct extensive research on individual companies such as Commercial and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Commercial Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Commercial |
Execute Commercial Metals Buy or Sell Advice
The Commercial recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Commercial Metals. Macroaxis does not own or have any residual interests in Commercial Metals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Commercial Metals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Commercial Metals Trading Alerts and Improvement Suggestions
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 14th of November 2024 Commercial Metals paid $ 0.18 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Meritage Portfolio Management Increases Holdings in Commercial Metals |
Commercial Metals Returns Distribution Density
The distribution of Commercial Metals' historical returns is an attempt to chart the uncertainty of Commercial Metals' future price movements. The chart of the probability distribution of Commercial Metals daily returns describes the distribution of returns around its average expected value. We use Commercial Metals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Commercial Metals returns is essential to provide solid investment advice for Commercial Metals.
| Mean Return | 0.20 | Value At Risk | -2.8 | Potential Upside | 4.50 | Standard Deviation | 2.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Commercial Metals historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Commercial Stock Institutional Investors
| Shares | Northern Trust Corp | 2024-09-30 | 1.6 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.5 M | Norges Bank | 2024-06-30 | 1.5 M | Thompson, Siegel & Walmsley Llc | 2024-09-30 | 1.4 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.3 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.2 M | Amvescap Plc. | 2024-06-30 | 1.2 M | Hhg Plc | 2024-06-30 | 1.1 M | Citadel Advisors Llc | 2024-06-30 | 1 M | Blackrock Inc | 2024-06-30 | 14.7 M | Vanguard Group Inc | 2024-09-30 | 12.5 M |
Commercial Metals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 78.9M | (316.3M) | (255.2M) | 177.0M | 61.8M | 64.9M | |
| Change In Cash | 351.2M | (43.8M) | 178.1M | (83.5M) | 263.8M | 277.0M | |
| Free Cash Flow | 603.6M | 44.3M | 250.3M | 737.4M | 575.4M | 604.2M | |
| Depreciation | 165.8M | 167.6M | 175.0M | 218.8M | 280.4M | 294.4M | |
| Other Non Cash Items | (21.5M) | 9.3M | (251.9M) | 4.4M | 11.1M | 11.7M | |
| Dividends Paid | 57.1M | 57.8M | 67.7M | 74.9M | 78.9M | 82.8M | |
| Capital Expenditures | 187.6M | 184.2M | 450.0M | 606.7M | 324.3M | 340.5M | |
| Net Income | 279.5M | 412.9M | 1.2B | 859.8M | 485.5M | 509.8M | |
| End Period Cash Flow | 545.0M | 501.1M | 679.2M | 595.7M | 859.6M | 902.5M | |
| Investments | (192.9M) | (162.1M) | (684.7M) | (835.2M) | (323.0M) | (306.9M) | |
| Net Borrowings | 50.5M | (32.5M) | 838.3M | (408.7M) | (470.0M) | (446.5M) | |
| Change To Netincome | 85.7M | 19.2M | (118.7M) | 116.8M | 105.1M | 110.4M |
Commercial Metals Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Commercial Metals or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Commercial Metals' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Commercial stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 2.60 | |
σ | Overall volatility | 2.53 | |
Ir | Information ratio | 0.04 |
Commercial Metals Volatility Alert
Commercial Metals has relatively low volatility with skewness of 2.46 and kurtosis of 12.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Commercial Metals' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Commercial Metals' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Commercial Metals Fundamentals Vs Peers
Comparing Commercial Metals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Commercial Metals' direct or indirect competition across all of the common fundamentals between Commercial Metals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Commercial Metals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Commercial Metals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Commercial Metals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Commercial Metals to competition |
| Fundamentals | Commercial Metals | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0644 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 7.1 B | 16.62 B |
| Shares Outstanding | 113.91 M | 571.82 M |
| Shares Owned By Insiders | 0.84 % | 10.09 % |
| Shares Owned By Institutions | 90.05 % | 39.21 % |
| Number Of Shares Shorted | 3.34 M | 4.71 M |
| Price To Earning | 22.20 X | 28.72 X |
| Price To Book | 1.57 X | 9.51 X |
| Price To Sales | 0.86 X | 11.42 X |
| Revenue | 7.93 B | 9.43 B |
| Gross Profit | 1.81 B | 27.38 B |
| EBITDA | 963.93 M | 3.9 B |
| Net Income | 485.49 M | 570.98 M |
| Cash And Equivalents | 592.33 M | 2.7 B |
| Cash Per Share | 5.73 X | 5.01 X |
| Total Debt | 1.19 B | 5.32 B |
| Debt To Equity | 0.50 % | 48.70 % |
| Current Ratio | 2.54 X | 2.16 X |
| Book Value Per Share | 37.68 X | 1.93 K |
| Cash Flow From Operations | 899.71 M | 971.22 M |
| Short Ratio | 3.80 X | 4.00 X |
| Earnings Per Share | 4.16 X | 3.12 X |
| Price To Earnings To Growth | 12.25 X | 4.89 X |
| Target Price | 63.0 | |
| Number Of Employees | 13.18 K | 18.84 K |
| Beta | 1.14 | -0.15 |
| Market Capitalization | 6.8 B | 19.03 B |
| Total Asset | 6.82 B | 29.47 B |
| Retained Earnings | 4.5 B | 9.33 B |
| Working Capital | 2.46 B | 1.48 B |
Note: Acquisition by Sarah Raiss of tradable shares of Commercial Metals at 59.43 subject to Rule 16b-3 [view details]
Commercial Metals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Commercial . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Commercial Metals Buy or Sell Advice
When is the right time to buy or sell Commercial Metals? Buying financial instruments such as Commercial Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Commercial Metals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
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Check out Commercial Metals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commercial Metals. If investors know Commercial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commercial Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 0.68 | Earnings Share 4.16 | Revenue Per Share 68.419 | Quarterly Revenue Growth (0.1) |
The market value of Commercial Metals is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Metals' value that differs from its market value or its book value, called intrinsic value, which is Commercial Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commercial Metals' market value can be influenced by many factors that don't directly affect Commercial Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commercial Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.