CMC Insider Activity: An Update for Investors to Know – Knox Daily
December 10, 2023
🌥️Trending News
Investors looking to get the latest insights on COMMERCIAL METALS ($NYSE:CMC) Company (CMC) insider activity should be sure to check out the Knox Daily. With a focus on steel, aluminum, copper, and other metals, CMC is a leader in the manufacturing of metal products for homes and businesses. CMC also offers electrical infrastructure and building solutions. The Knox Daily provides investors with a detailed look into CMC’s insider activity, which includes things like stock purchases, sales, options, and other transactions.
By keeping track of insider activity, investors can gain insight into the company’s future plans and decisions. This information can be incredibly valuable when making decisions about investing in CMC. For those looking to stay up to date on CMC’s insider activity, the Knox Daily is a must-read.
Price History
On Tuesday, COMMERCIAL METALS (CMC) stock opened at $44.4 and closed at $44.4, down by 0.1% from prior closing price of 44.4. This is significant news for investors to be aware of in relation to CMC. The 0.1% decrease does not appear to have had any major influence on the stock’s trend, however it is an important update for investors to be aware of.
This news will be useful for investors looking to make informed decisions regarding CMC’s stock performance. Furthermore, this insider activity could be indicative of larger trends developing within the company and investors should take note of any further developments in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Commercial Metals. More…
| Total Revenues | Net Income | Net Margin |
| 8.8k | 859.76 | 9.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Commercial Metals. More…
| Operations | Investing | Financing |
| 1.34k | -835.23 | -599.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Commercial Metals. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.64k | 2.52k | 35.37 |
Key Ratios Snapshot
Some of the financial key ratios for Commercial Metals are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.1% | 38.5% | 13.2% |
| FCF Margin | ROE | ROA |
| 8.4% | 17.8% | 10.9% |
Analysis
At GoodWhale, we conducted an analysis of COMMERCIAL METALS’s wellbeing and found it to be strong in asset, dividend, and growth, but medium in profitability. The Star Chart showed a health score of 8/10, indicating that the company is capable of riding out any crisis without the risk of bankruptcy. After further examination, we classify COMMERCIAL METALS as a ‘rhino’ type of company – one that has achieved moderate revenue or earnings growth. Given the company’s strong asset and dividend positions, investors with a long-term outlook and a focus on capital appreciation may find COMMERCIAL METALS to be an attractive investment. Investors interested in consistent dividend income and low levels of risk may also find COMMERCIAL METALS to be a good choice. More…
Peers
Commercial Metals Co is one of the world’s largest producers and marketers of steel and metal products. The company operates in more than 30 countries and serves a wide range of industries, including construction, transportation, energy, and manufacturing. Commercial Metals Co’s competitors include KG Dongbusteel, Steel Dynamics Inc, Yieh Phui Enterprise Co Ltd, and a number of other large steel and metal producers.
– KG Dongbusteel ($KOSE:016380)
Dongbu Steel is a South Korean steel company. It was founded in 1954 and is headquartered in Seoul. The company has four business units: steel, trading, engineering, and construction. Dongbu Steel is one of the largest steel companies in South Korea, with an annual production capacity of 5 million tons of crude steel. The company supplies steel to major Korean conglomerates such as Hyundai, POSCO, and LG. In addition to its domestic market, Dongbu Steel exports to over 60 countries around the world.
– Steel Dynamics Inc ($NASDAQ:STLD)
Steel Dynamics Inc is an American steel manufacturer. The company produces steel and steel products, including hot and cold rolled, coated, and painted steel products. The company has a market cap of 16.97B as of 2022 and a Return on Equity of 50.1%. Steel Dynamics is one of the largest steel manufacturers in the United States.
– Yieh Phui Enterprise Co Ltd ($TWSE:2023)
Yieh Phui Enterprise Co Ltd is a Taiwanese company that manufactures and sells steel products. The company has a market cap of 28.19B as of 2022 and a Return on Equity of 13.27%. The company’s products include hot and cold rolled steel, steel plates, steel pipes, and more.
Summary
Commercial Metals Co. (CMC) is a diversified metals recycling, manufacturing, fabricating, and trading company that has seen recent insider activity. Since the beginning of the year, other insiders have also purchased shares in CMC. Analysis of this insider activity indicates that insiders are confident in the company and have a positive outlook on its future performance. This bodes well for investors who may be considering investing in CMC.
Additionally, analysts have given CMC a consensus rating of “Buy”. With strong insider activity and a favorable analyst rating, investors may want to take a closer look at investing in CMC.
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