Commercial Metals Expected to Post Q1 2025 Earnings of $1.34 Per Share (NYSE:CMC)

Commercial Metals (NYSE:CMC) – Equities researchers at Zacks Research lowered their Q1 2025 EPS estimates for Commercial Metals in a research note issued on Monday, October 7th. Zacks Research analyst S. Deb now forecasts that the basic materials company will post earnings of $1.34 per share for the quarter, down from their prior estimate of $1.36. The consensus estimate for Commercial Metals’ current full-year earnings is $4.26 per share. Zacks Research also issued estimates for Commercial Metals’ Q3 2025 earnings at $1.29 EPS, Q2 2026 earnings at $1.28 EPS, Q3 2026 earnings at $1.58 EPS, Q4 2026 earnings at $1.63 EPS and FY2026 earnings at $5.96 EPS.

Other equities analysts have also issued research reports about the stock. Bank of America dropped their target price on shares of Commercial Metals from $70.00 to $69.00 and set a “buy” rating on the stock in a report on Wednesday, June 26th. Wolfe Research lowered shares of Commercial Metals from an “outperform” rating to a “peer perform” rating in a report on Wednesday. Jefferies Financial Group began coverage on shares of Commercial Metals in a report on Tuesday, September 3rd. They issued a “buy” rating and a $65.00 target price on the stock. Finally, StockNews.com lowered shares of Commercial Metals from a “buy” rating to a “hold” rating in a report on Thursday, June 20th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Commercial Metals currently has a consensus rating of “Hold” and an average price target of $61.40.

Commercial Metals Price Performance

CMC stock opened at $52.63 on Wednesday. The firm has a market cap of $6.05 billion, a price-to-earnings ratio of 10.96 and a beta of 1.14. The company has a quick ratio of 2.83, a current ratio of 4.24 and a debt-to-equity ratio of 0.27. Commercial Metals has a 12-month low of $39.85 and a 12-month high of $61.26. The company’s fifty day simple moving average is $53.08 and its 200 day simple moving average is $54.65.

Hedge Funds Weigh In On Commercial Metals

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Commercial Metals by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 12,641,427 shares of the basic materials company’s stock valued at $632,577,000 after purchasing an additional 191,345 shares during the period. Boston Partners increased its position in shares of Commercial Metals by 23,390.7% during the first quarter. Boston Partners now owns 3,076,337 shares of the basic materials company’s stock worth $180,752,000 after acquiring an additional 3,063,241 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Commercial Metals by 4.5% during the first quarter. Principal Financial Group Inc. now owns 1,774,666 shares of the basic materials company’s stock worth $104,297,000 after acquiring an additional 76,742 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Commercial Metals by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 1,296,284 shares of the basic materials company’s stock worth $71,283,000 after acquiring an additional 18,205 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Commercial Metals by 2.3% during the first quarter. Janus Henderson Group PLC now owns 1,159,769 shares of the basic materials company’s stock worth $68,160,000 after acquiring an additional 25,816 shares in the last quarter. Institutional investors and hedge funds own 86.90% of the company’s stock.

About Commercial Metals

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.