Revenue Growth Analysis of Commercial Metals Company (NYSE:CMC)

Commercial Metals Company (NYSE:CMC) belonging to the Basic Materials sector which declined -2.16% and closed its last trading session at $15.84.

The company reported its last EPS on 8/31/2016 and is expected to report its next EPS on 10/27/2016. Currently, the stock has a 1 Year Price Target of $16.19.

The consensus recommendation, according to Zacks Investment research, is 3.43. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.43 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.43 and 3.43 respectively.

Commercial Metals Company on 8/31/2016 reported its EPS as $0.31 with the analysts projecting the EPS of the stock as $0.25. The company beat the analyst EPS Estimate with the difference of $0.06. This shows a surprise factor of 24%.

Many analysts have provided their estimated foresights on Commercial Metals Company Earnings, with 11 analysts believing the company would generate an Average Estimate of $0.3. Whereas they predicted High and Low Earnings Estimate as $0.47 and $0.23 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.05.

Analysts are also projecting an Average Revenue Estimate for Commercial Metals Company as $1.24 Billion in the Current Quarter. This estimate is provided by 8 analysts. The High Revenue estimate is predicted as 1.33 Billion, while the Low Revenue Estimate prediction stands at 953.37 Million. The company’s last year sales total was 1.41 Billion.

For the Current Quarter, the growth estimate for Commercial Metals Company is 700%, while for the Next Quarter the stock growth estimate is 13.6%. In the past 5 years, the stock showed growth of 10.95% per annum. While for the next 5 years, the growth estimate is 26.49%.

The Company got Initiated by Citigroup on 22-Aug-16 to Neutral.

Insider Trades for Commercial Metals Company show that the latest trade was made on 20 Jul 2016 where Raiss (Sarah E), the Director completed a transaction type “Buy” in which 100 shares were traded at a price of $16.33.

 

8 analysts projected Price Targets for Commercial Metals Company. The analysts believe that the company stock price could grow as high as $20. The Low Price target projection by analysts is $13 and the Mean Price Target is $16.19.

Commercial Metals Company (NYSE:CMC) has the market capitalization of $1.81 Billion. The company rocked its 52-Week High of $18.5 on Apr 21, 2016 and touched its 52-Week Low of $12.44 on Jan 20, 2016. The stock has Return on Assets (ROA) of 1.5 percent. Return on Equity (ROE) stands at 3.6% and Return on Investment (ROI) of 9.2 percent.

The stock is currently showing YTD performance of 18.43 Percent. The company has Beta Value of 1.46 and ATR value of 0.45. The Weekly and Monthly Volatility stands at 2.94% and 2.76%.

Company profile:

Commercial Metals Company has three segments – manufacturing, recycling, and marketing and trading. Activities are primarily concerned with metals related activities.  The manufacturing segment is the dominant and most rapidly expanding segment in terms of assets employed, capital expenditures, operating profit and number of employees. The recycling segment is engaged in processing secondary, or scrap, metals for further recycling into new metal products. The marketing and trading segment buys and sells primary and secondary metals, and fabricated metals.