CNM Stock Fair Value – Analysts Rate Core & Main, Stock a “Moderate Buy”

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Recently, analysts have been giving Core & Main ($NYSE:CNM), Inc. stock a “Moderate Buy” rating. Core & Main, Inc., is a market-leading distributor of water, sewer, stormwater, and fire protection products in the United States. It provides comprehensive infrastructure solutions for customers and communities across the country.

Core & Main also works with a network of thousands of contractors, engineers, and municipalities to provide the best solutions for its customers. With its strong portfolio of products, services, and expertise, Core & Main is well-positioned to meet the needs of its customers in the ever-evolving infrastructure market.

Price History

The stock opened at $29.2 and closed at $29.2, representing a 0.4% increase from its prior closing price of $29.1. Overall, the stock showed a positive trend throughout the trading day. Analysts believe that the stock has potential for further growth in the future and recommend it as a Moderate Buy. 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 Stock Fair Value

At GoodWhale, we have conducted an analysis of CORE & MAIN’s financials. After careful consideration, we have concluded that the fair value of CORE & MAIN shares is around $27.5. This was calculated using our proprietary Valuation Line. Currently, CORE & MAIN stock is trading at $29.2, which is a fair price but slightly overvalued by 6.1%. 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, Inc. is a publicly traded company that provides infrastructure solutions for water, sewer, gas, and other related services. Investment analysts have recently given the company a “Moderate Buy” rating, suggesting that it could be a good long-term investment. The company’s stock price has been increasing steadily over the past few years, which suggests that investors are confident in its future prospects and potential for growth.

It offers a wide array of services that can be used in many different industries, providing businesses with the infrastructure solutions they need. Overall, Core & Main is a reliable choice for investors looking for dependable returns.