Profile
Sector:
IndustrialsIndustry:
Industrial DistributionCountry:
United StatesIPO:
22 July 2021Website:
http://www.coreandmain.comNext earnings report:
05 December 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 95 min agoDividend
Analysts recommendations
Institutional Ownership
CNM Latest News
In the latest trading session, Core & Main (CNM) closed at $43.58, marking a +0.76% move from the previous day.
In the most recent trading session, Core & Main (CNM) closed at $45.07, indicating a -0.38% shift from the previous trading day.
Core & Main (CNM) closed at $46.09 in the latest trading session, marking a -1.35% move from the prior day.
Core & Main (CNM) concluded the recent trading session at $43.45, signifying a +1.73% move from its prior day's close.
ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into an agreement to acquire substantially all the assets of ARGCO Northeast LLC, a distributor of fire protection products.
Core & Main faces significant headwinds, including weather disruptions, lower steel pipe prices, and a slowdown in commercial projects, impacting their recent performance. Despite a solid share buyback program and manageable debt levels, the lack of insider buying activity raises concerns about a potential decline in the share price in the near future. Acquisition-driven growth contributed 9% to sales increases, but without acquisitions, sales would have dropped 3.5%. I'm concerned about their reliance on acquisitions for growth.
ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. has closed its previously announced acquisition of substantially all of the assets of GroGreen Solutions Georgia, LLC.
The veteran industrial components supplier's second quarter fell short of expectations. It missed on both the top and bottom lines for the period.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Shares of Core & Main (CNM), which supplies pipes for water, wastewater and other uses, posted worse-than-expected results and cut its outlook after it said bad weather and economic conditions affected sales.
What type of business is Core & Main?
Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products portfolio include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection pipes, and sprinkler heads and devices, as well as fabrication services; and meter products, such as smart meter products, meter sets, meter accessories, installation, software, and other services. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water, wastewater, storm drainage, and fire protection infrastructure. Core & Main, Inc. was founded in 1874 and is headquartered in Saint Louis, Missouri.
What sector is Core & Main in?
Core & Main is in the Industrials sector
What industry is Core & Main in?
Core & Main is in the Industrial Distribution industry
What country is Core & Main from?
Core & Main is headquartered in United States
When did Core & Main go public?
Core & Main initial public offering (IPO) was on 22 July 2021
What is Core & Main website?
https://www.coreandmain.com
Is Core & Main in the S&P 500?
No, Core & Main is not included in the S&P 500 index
Is Core & Main in the NASDAQ 100?
No, Core & Main is not included in the NASDAQ 100 index
Is Core & Main in the Dow Jones?
No, Core & Main is not included in the Dow Jones index
When was Core & Main the previous earnings report?
No data
When does Core & Main earnings report?
The next expected earnings date for Core & Main is 05 December 2024