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Commercial Metals Co
NYSE:CMC

Watchlist Manager
Commercial Metals Co Logo
Commercial Metals Co
NYSE:CMC
Watchlist
Price: 53.74 USD -2.06% Market Closed
Updated: May 1, 2024

Wall Street
Price Targets

CMC Price Targets Summary
Commercial Metals Co

Wall Street analysts forecast CMC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CMC is 66.81 USD with a low forecast of 60.6 USD and a high forecast of 77.7 USD.

Lowest
Price Target
60.6 USD
13% Upside
Average
Price Target
66.81 USD
24% Upside
Highest
Price Target
77.7 USD
45% Upside

CMC Last Price Targets
Commercial Metals Co

The latest public price target was made on Mar 22, 2024 by Katja Jancic from BMO Capital , who expects CMC stock to rise by 12% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Katja Jancic
BMO Capital
60 USD
Upside 12%
1 month ago
Mar 22, 2024
Commercial Metals Company (CMC) PT Raised to $60 at BMO Capital
StreetInsider
Alexander Hacking
Citigroup
48 USD
Downside 11%
3 months ago
Jan 8, 2024
Commercial Metals Gears Up For Q1 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Katja Jancic
BMO Capital
Price Target 60 USD
Upside/Downside 12%
View Source
Alexander Hacking
Citigroup
Price Target 48 USD
Upside/Downside 11%
View Source
Commercial Metals Co Competitors:
Price Targets
GGBR4
Gerdau SA
67% Upside
NUE
Nucor Corp
25% Upside
512455
Lloyds Metals And Energy Ltd
18% Downside
5976
Neturen Co Ltd
31% Upside
KCAER.E
Kocaer Celik Sanayi ve Ticaret AS
34% Downside
CMIN3
CSN Mineracao SA
32% Upside
002541
Anhui Honglu Steel Construction Group Co Ltd
67% Upside
058430
Posco Steeleon Co Ltd
33% Downside

Revenue
Forecast

Revenue Estimate
Commercial Metals Co

For the last 8 years the compound annual growth rate for Commercial Metals Co's revenue is 6%. The projected CAGR for the next 3 years is -3%.

6%
Past Growth
-3%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Commercial Metals Co

For the last 8 years the compound annual growth rate for Commercial Metals Co's operating income is 25%. The projected CAGR for the next 3 years is -12%.

25%
Past Growth
-12%
Estimated Growth
Estimates Accuracy
-6%
Average Miss

Net Income
Forecast

Net Income Estimate
Commercial Metals Co

For the last 8 years the compound annual growth rate for Commercial Metals Co's net income is 35%. The projected CAGR for the next 3 years is -23%.

35%
Past Growth
-23%
Estimated Growth
Estimates Accuracy
-16%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CMC's stock price target?
Price Target
66.81 USD

According to Wall Street analysts, the average 1-year price target for CMC is 66.81 USD with a low forecast of 60.6 USD and a high forecast of 77.7 USD.

What is Commercial Metals Co's Revenue forecast?
Projected CAGR
-3%

For the last 8 years the compound annual growth rate for Commercial Metals Co's revenue is 6%. The projected CAGR for the next 3 years is -3%.

What is Commercial Metals Co's Operating Income forecast?
Projected CAGR
-12%

For the last 8 years the compound annual growth rate for Commercial Metals Co's operating income is 25%. The projected CAGR for the next 3 years is -12%.

What is Commercial Metals Co's Net Income forecast?
Projected CAGR
-23%

For the last 8 years the compound annual growth rate for Commercial Metals Co's net income is 35%. The projected CAGR for the next 3 years is -23%.