Core Main Stock Target Price and Analyst Consensus

CNM Stock  USD 45.27  0.70  1.57%   
The current analyst and expert consensus on Core Main is Buy, with 5 strong buy opinions. The current projected Core Main target price consensus is 37.46 with 12 analyst opinions. Check out Macroaxis Advice on Core Main to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.
The most common way Core Main analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Core Main executives and customers to further validate their buy or sell advice. Core Main buy-or-sell recommendation module provides average expert sentiment on the projected Core Main target price to derive its highest and lowest estimates based on projected price volatility of 2.8328.
Lowest Forecast
34.09
Highest Forecast
41.58
Target Price
37.46
As of the 25th of November 2024, Gross Profit is likely to drop to about 1.3 B. In addition to that, Pretax Profit Margin is likely to drop to 0.01. At this time, Core Main's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 25th of November 2024, Net Working Capital is likely to grow to about 1.1 B, while Total Current Liabilities is likely to drop about 645.7 M.
  
It's important to approach Core Main's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Core Main price targets

Core Main's stock target price is an estimate of its future price, usually made by analysts. Using Core Main's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Core Main's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Core Main's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Core Main Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Core Main is a key component of Core Main valuation and have some predictive power on the future returns of a Core Main.
Hype
Prediction
LowEstimatedHigh
42.4745.3048.13
Details
Intrinsic
Valuation
LowRealHigh
37.9840.8149.80
Details
Naive
Forecast
LowNextHigh
41.7944.6247.46
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.630.660.75
Details

Trending Themes

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When determining whether Core Main is a strong investment it is important to analyze Core Main's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Core Main's future performance. For an informed investment choice regarding Core Stock, refer to the following important reports:
Check out Macroaxis Advice on Core Main to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.