Commercial Metals Company (NYSE:CMC) moved down -2.06% and closed its last trading session at $19.06. This Basic Materials Sector stock currently has the Market Capitalization of 2.2 Billion. The Average Volume for the stock is measured as 2.18 Million. The Stock has a 52-Week High of $24.64 and 52-Week Low of $14.58 following the dates, it touched its 52-Week High on Dec 8, 2016 and 52-Week Low on Sep 14, 2016. Currently, the Return on Assets value for the trailing twelve months is 1.2% with the Return on Equity and Return on Investment of 2.7% and 5.9% respectively. This firm currently has YTD (year to date) performance of -11.98 Percent which is not good. The Short Ratio for the stock is 5.26.
Commercial Metals Company (NYSE:CMC) Price to Earnings (P/E) ratio is 40.9. EPS or Earning per Share stands at $0.47. The TTM operating margin is 2.4 percent.
Commercial Metals Company (NYSE:CMC) reports its Earnings on Mon 9 Jan (69 days ago). The estimated EPS for the current quarter is said to be $0.16. Following Earnings result, share price were UP 15 times out of last 25 Qtrs. The stock has added about 16.7% since it reported its last earnings. The Closing price of Commercial Metals Company (NYSE:CMC) at Last Earnings was $22.6 as compared to the previous closing price of $19.06. The Predicted Move on the 7th day after Commercial Metals Company (NYSE:CMC) will release its earnings at about 5%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Commercial Metals Company (NYSE:CMC) beats earnings by 58%, The Stock Missed Earnings 5 times and has met earnings 0 times.
We will discuss the past Quarters Earnings below:
Commercial Metals Company (NYSE:CMC) reported its previous quarter on 01/09/2017 where it reported the Actual Earnings of $0.06. The Closing price before the company posted its earnings was $22.6. The Stock declined on the very next day of earnings and maintained its stock price at $20.81 by showing a % change of -7.92 percent from its previous closing price. The Next Day Volume after Earnings was reported as 5.58 Million. On the 7th day After Earnings Report, the stock hit its share price as $20.08 by showing -11.15% decrease from the Stock price Before Earnings were reported.
On 10/27/2016, the stock reported the EPS of $0.22 where Analysts were projecting the EPS to be $0.3 showing a difference of $-0.08. Thus Surprise Factor was there with -26.7 percent. Before Earnings Announcement on 10/27/2016, the firm had its stock price of $16.33. And immediately on the next day after earnings announcement, the stock declined -3.8% and closed its trading session at $15.71. On 7th Day after earnings release, Commercial Metals Company (NYSE:CMC) dropped to -4.72% from $16.33 to $15.56.
On 06/23/2016, Analysts were suspecting EPS of $0.25/share where Commercial Metals Company (NYSE:CMC) reported its Actual EPS of $0.31. Thus showing a Surprise of 24 percent. The Closing Price of the stock before earnings was $16.56 while on the Next day the stock closed its trading session at $16.31 with a percentage change of -1.51% from the price of 16.56 before Earnings. The Stock Closing Price on the 7th day of earnings was $15.85.
Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. It operates through five segments: Americas Recycling, Americas Mills, Americas Fabrication, International Mill, and International Marketing and Distribution. The Americas Recycling segment processes and sells scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. The Americas Mills segment manufactures finished long steel products, including reinforcing bars, merchant bars, light structural products, and other special sections, as well as semi-finished billets for re-rolling and forging applications. This segment sells its products to construction, service center, transportation, steel warehousing, fabrication, energy, petrochemical, and original equipment manufacturing industries. The Americas Fabrication segment offers fabricated steel products for use in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams. The International Mill segment manufactures rebars, merchant bars, and wire rods, as well as semi-finished billets; and sells fabricated rebars, fabricated meshes, assembled rebar cages, and other rebar by-products. This segment sells its products to fabricators, manufacturers, distributors, and construction companies. The International Marketing and Distribution segment processes, sells, and distributes steel products, ferrous and nonferrous metals, and other industrial products to manufacturers in the steel, nonferrous metals, metal fabrication, chemical, refractory, construction, and transportation industries. The company was founded in 1915 and is headquartered in Irving, Texas.