On January, 2 Commercial Metals Company (CMC) Analysts See $0.38 EPS

Commercial Metals Company (NYSE:CMC) Corporate Logo
Big Money Sentiment decreased to 1.3 in Q2 2018. It has change of 0.04, from 2018Q1’s 1.34. The ratio fall due to Commercial Metals Company positioning: 24 sold and 60 reduced. 26 funds took stakes and 83 increased stakes. Investors holded 102.89 million in 2018Q1 but now own 102.21 million shares or 0.66% less.
Pointstate Cap Ltd Partnership has invested 0% of its capital in Commercial Metals Company (NYSE:CMC). Nuveen Asset Management invested 0.14% of its capital in Commercial Metals Company (NYSE:CMC). Tcw Group invested in 40,438 shs or 0.01% of the stock. Hodges Cap Mngmt owns 1.97 million shs. Clarivest Asset Mgmt Ltd Limited Liability Company invested 0.1% of its capital in Commercial Metals Company (NYSE:CMC). First Advsr Ltd Partnership reported 70,897 shs or 0% of all its holdings. Mesirow Fincl Inv owns 458,448 shs or 0.89% of their US capital. State Bank Of America Corporation De invested in 873,560 shs. Pnc Fincl Svcs Grp Inc, a Pennsylvania-based fund reported 164,067 shs. First Dallas Inc accumulated 153,963 shs. Texas Permanent School Fund stated it has 0.02% of its capital in Commercial Metals Company (NYSE:CMC). Advisors Asset owns 468,171 shs for 0.02% of their capital. Renaissance Tech Ltd Llc stated it has 314,600 shs. Louisiana State Employees Retirement accumulated 31,600 shs. Ameriprise Fin reported 0.01% of its capital in Commercial Metals Company (NYSE:CMC).

Commercial Metals Company (NYSE:CMC)’s quarterly earnings will be revealed on January, 2., according to Zacks. Analysts forecast $0.38 EPS. That’s $0.08 up or 26.67 % from 2017’s earnings of $0.3. CMC’s profit could hit $44.69M with 12.14 P/E in case $0.38 EPS is revealed. Analysts at Wall Street see Commercial Metals Company’s -25.49 % negative EPS growth compared to $0.51 EPS for last quarter. Ticker’s shares touched $18.45 during the last trading session after 3.00% change.Currently Commercial Metals Company is uptrending after 13.61% change in last December 7, 2017. CMC has also 926,605 shares volume. CMC underperformed the S&P 500 by 2.01%.

Commercial Metals Company (NYSE:CMC) Ratings Coverage

A total of 4 analysts rate Commercial Metals (NYSE:CMC) as follows: 0 “Buy”, 3 “Hold” and 1 “Sell”. Š¢herefore 0 are bullish. The firm has $24 highest and $19 lowest target. The avg target $22.75 is 23.31% above the last ($18.45) price. (NYSE:CMC) has 6 ratings reports on Dec 7, 2018 according to StockzIntelligence. On Tuesday, November 6 Citigroup maintained Commercial Metals Company (NYSE:CMC) rating. Citigroup has “Neutral” rating and $22 target. On Monday, October 29 the firm has “Neutral” rating by Citigroup given. On Tuesday, June 19 Bank of America downgraded the shares of CMC in report to “Underperform” rating. On Tuesday, June 12 the rating was maintained by Citigroup with “Neutral”. On Tuesday, August 14 the stock has “Neutral” rating by Goldman Sachs.

Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally.The firm is worth $2.17 billion. It operates through five divisions: Americas Recycling, Americas Mills, Americas Fabrication, International Mill, and International Marketing and Distribution.The P/E ratio is 15.8. The Americas Recycling segment processes and sells 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.

For more Commercial Metals Company (NYSE:CMC) news brought out recently go to: Seekingalpha.com, Seekingalpha.com, Benzinga.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “U.S. Steel downgraded as Deutsche Bank offers more cautious steel outlook – Seeking Alpha” brought out on October 02, 2018, “Commercial Metals (CMC) Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on October 25, 2018, “BofA Downgrades Commercial Metals (NYSE:CMC) On Supply, Valuation Concerns – Benzinga” with a publish date: June 19, 2018, “Commercial Metals Company (CMC) CEO Barbara Smith on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” and the last “Buy U.S. Steel ahead of ‘very bullish’ catalyst, Citi says – Seeking Alpha” with publication date: April 03, 2018.

Commercial Metals Company (NYSE:CMC) Institutional Investors Chart

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