Earnings Forecast Research on Commercial Metals Company (CMC)

Commercial Metals Company has received $0.13 as the consensus Earnings Estimate for the Quarter ending on Feb 2017 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0 while the top line estimate is $0.19 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -12.38%.

Commercial Metals Company results fell short with a surprise EPS of -41.18% or $-0.07. The Actual EPS was $0.1 compared to the Estimated EPS of $0.17 during its most recent quarterly earnings. Irving based Commercial Metals Company Last reported the Quarter results on Nov 30, 2016 and the Next earnings date is scheduled to be released on Mar 23, 2017.

Commercial Metals Company has a Price to Earnings ratio of 26.86 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.8. For the Most Recent Fiscal Year, Commercial Metals Company has a price to cash ratio of 10.41. For the Trailing twelve month period, company showed a Net Profit Margin of 0.79% and Return on Equity of the stock is 6.77%.

In the last quarter, Commercial Metals Company reported Annual Earnings of $0.1. Based on the filings, last years Annual Earnings was, $0.93. In the last Quarter, CMC reported a surprise Earnings per Share of -41.18% . The consensus estimate for current quarter is $0.13 and for the current fiscal year, the estimate is $0.91. For the Next fiscal year, the estimate is $1.44 based on the consensus.

Commercial Metals Company (NYSE:CMC) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.25 points or 1.21% at $20.43 with 1,743,202 shares getting traded. Post opening the session at $20.69, the shares hit an intraday low of $20.06 and an intraday high of $21 and the price was in this range throughout the day. The company has a market cap of $2,361 million and the number of outstanding shares has been calculated to be 115,566,107 shares. The 52-week high of Commercial Metals Company (NYSE:CMC) is $24.64 and the 52-week low is $12.915.

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.


Share this post

Leave a Reply