CNM Intrinsic Value Calculator – Core & Main Price Target Raised to $42.00

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Core & Main ($NYSE:CNM), a leading provider of water, sewer, storm drain and fire protection products and services, recently had their price target stock increased to $42.00. Core & Main is the largest provider of water, sewer, storm drain and fire protection products and services to municipalities, utilities and contractors in the United States. Core & Main is dedicated to providing innovative solutions to meet the needs of their customers. Their commitment to customer service and quality products has enabled them to become a leader in the industry and they continue to strive for excellence.

Stock Price

Monday saw Core & Main stock open at $39.4 and close at $39.3, representing a 0.3% increase from the previous closing price of $39.2. As a result of this, analysts have now raised their price target for Core & Main to $42.00. This marks a significant increase in the expected share price of Core & Main, which is likely to further increase investor confidence. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for CNM. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for CNM. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for CNM. More…

Key Ratios Snapshot

Some of the financial key ratios for CNM are shown below. More…

Analysis – CNM Intrinsic Value Calculator

At GoodWhale, we have conducted an extensive analysis of CORE & MAIN’s financials. Our proprietary Valuation Line tool has determined that the fair value of CORE & MAIN shares is around $26.6. However, current trading prices are at $39.3, representing an overvaluation of 47.6%. This discrepancy presents an opportunity for investors to capitalize on potential returns. We believe that it is likely that the market will correct itself and the CORE & MAIN share price will eventually stabilize at its fair value. More…

Peers

The competitive landscape in the water supply and sewerage construction sector is heating up with Core & Main Inc vying for dominance against its rivals DXP Enterprises Inc, Reece Ltd, and Water Supply Sewerage Construction and Investment JSC. All four companies are engaged in a fierce battle to secure the top spot, with each striving to deliver the best products and services to their customers.

– DXP Enterprises Inc ($NASDAQ:DXPE)

DDD Enterprises Inc is a leading multinational company that specializes in the production and distribution of industrial products. With a market cap of 486.01M as of 2022 and a Return on Equity of 12.81%, the company is well-positioned to remain a formidable player in the industry. The market cap of DDD Enterprises Inc reflects its size, financial strength and market presence, and the high ROE indicates that the company is able to generate good returns on the capital it invests. DDD Enterprises Inc is committed to providing innovative solutions to its customers, and its strong market position makes it an attractive partner for investors.

– Reece Ltd ($ASX:REH)

Reece Ltd is an Australian distributor of plumbing and bathroom products. The company has a market cap of 9.46B as of 2022, which indicates its strong presence in the market and the trust its customers have in the company. It also has a Return on Equity of 11.05%, which indicates that the company is performing well financially and generating returns for its investors.

Summary

Core & Main is an investment opportunity that recently saw its price target raised to $42.00. It is a water, sewer, and energy distribution business that offers a diversified portfolio of products and services. Analysts expect the company to deliver consistent growth and potential for capital appreciation.

The current industry trends also indicate that this stock is likely to do well in the future. Core & Main is considered an attractive long-term investment option as it provides investors with secure and steady returns.