How to buy Core-and-Main stock | $25.31

Core & Main Inc. is an industrial distribution business based in the US. Core-and-Main shares (CNM) are listed on the NYSE and all prices are listed in US Dollars. Core-and-Main employs 3,700 staff and has a trailing 12-month revenue of around 0.00.

Core-and-Main stock price (NYSE: CNM)

Use our graph to track the performance of CNM stocks over time.

Core-and-Main shares at a glance

• Key figures

Information last updated 2021-10-12.

Latest market close	$25.31
52-week range	$21.45 - $30.57
50-day moving average	$27.00
200-day moving average	$26.47
Wall St. target price	$31.31
PE ratio	410.9677
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.06

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Is it a good time to buy Core-and-Main stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Core-and-Main price performance over time

Historical closes compared with the close of $25.31 from 2021-10-15

1 week (2021-10-08)	0.88%
1 month (2021-09-17)	-1.86%
3 months (2021-07-13)	N/A
6 months (2021-04-13)	N/A

1 year (2020-10-13)	N/A
2 years (2019-10-13)	N/A
3 years (2018-10-13)	N/A
5 years (2016-10-13)	N/A

Is Core-and-Main under- or over-valued?

Valuing Core-and-Main stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Core-and-Main's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Core-and-Main's P/E ratio

Core-and-Main's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 411x. In other words, Core-and-Main shares trade at around 411x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Core-and-Main's P/E ratio is best considered in relation to those of others within the industrial distribution industry or those of similar companies.

• American Water Works Company (AWK.US): 41.53
• AOSmith Corporation (AOS.US): 24.24
• Consolidated Water CoLtd (CWCO.US): 143.01

Core-and-Main's EBITDA

Core-and-Main's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $418.9 million.

The EBITDA is a measure of a Core-and-Main's overall financial performance and is widely used to measure a its profitability.

To put Core-and-Main's EBITDA into context you can compare it against that of similar companies.

• American Water Works Company (AWK.US): USD$1.9 billion
• AOSmith Corporation (AOS.US): USD$635.3 million
• Consolidated Water CoLtd (CWCO.US): USD$11.8 million

Core-and-Main financials

Revenue TTM	$4.2 billion
Operating margin TTM	6.35%
Gross profit TTM	$878.4 million
Return on assets TTM	0%
Return on equity TTM	-9999999%
Profit margin	1.99%
Book value	$6.92
Market capitalisation	$6.2 billion

TTM: trailing 12 months

Shorting Core-and-Main shares

There are currently 1.7 million Core-and-Main shares held short by investors – that's known as Core-and-Main's "short interest". This figure is 110.6% up from 795,320 last month.

There are a few different ways that this level of interest in shorting Core-and-Main shares can be evaluated.

Core-and-Main's "short interest ratio" (SIR)

Core-and-Main's "short interest ratio" (SIR) is the quantity of Core-and-Main shares currently shorted divided by the average quantity of Core-and-Main shares traded daily (recently around 689165.43209877). Core-and-Main's SIR currently stands at 2.43. In other words for every 100,000 Core-and-Main shares traded daily on the market, roughly 2430 shares are currently held short.

To gain some more context, you can compare Core-and-Main's short interest ratio against those of similar companies.

• American Water Works Company (AWK.US): 1.96
• AOSmith Corporation (AOS.US): 5.09
• Consolidated Water CoLtd (CWCO.US): 3.69

However Core-and-Main's short interest can also be evaluated against the total number of Core-and-Main shares, or, against the total number of tradable Core-and-Main shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Core-and-Main's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Core-and-Main shares in existence, roughly 10 shares are currently held short) or 0.0417% of the tradable shares (for every 100,000 tradable Core-and-Main shares, roughly 42 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Core-and-Main.

Find out more about how you can short Core-and-Main stock.

Core-and-Main share dividends

We're not expecting Core-and-Main to pay a dividend over the next 12 months.

You may also wish to consider:

• American Water Works Company (AWK.US) (1.32% forward annual dividend yield)
• AOSmith Corporation (AOS.US) (1.56% forward annual dividend yield)
• Consolidated Water CoLtd (CWCO.US) (2.96% forward annual dividend yield)

Core-and-Main overview

Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products include castings, clamps, couplings and tapping sleeves, drainage products, fittings, meters, pipe and pipe accessories, pumps and parts, restraints, safety and paint, service materials, tools, and valves and hydrants, as well as irrigation and other products; and fire protection solutions comprising fire protection pipes, sprinkler heads, and other devices, as well as fabrication services. The company also provides metering and technology solutions, which cover system analysis, design and installation, project financing, automatic meter reading/advancing metering infrastructure system maintenance and services, and others; treatment plants related solutions, such as design build, project management, and building information modeling; storm drain solutions comprising structures, specialty products, and underground detention/retention; fusible piping solutions, such as fittings and fabrication, equipment rental and sales, and services and repairs; and pumping equipment. Its specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure. The company, through its branches and supply chain, serves contractors and municipalities in the areas of new construction and aging infrastructure. It serves waterworks, fire protection, landfill, and erosion and geotextiles industries.

Frequently asked questions

What percentage of Core-and-Main is owned by insiders or institutions?
Currently 0.002% of Core-and-Main shares are held by insiders and 79.971% by institutions. How many people work for Core-and-Main?
Latest data suggests 3,700 work at Core-and-Main. When does the fiscal year end for Core-and-Main?
Core-and-Main's fiscal year ends in December.