Barclays analyst Matthew Bouley maintains $Core & Main (CNM.US)$ with a buy rating, and adjusts the target price from $57 to $65.
According to TipRanks data, the analyst has a success rate of 65.2% and a total average return of 20.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Core & Main (CNM.US)$'s main analysts recently are as follows:
Core & Main demonstrated a new standard in gross margins and consistent capital deployment execution, effectively addressing concerns regarding share or outgrowth. The company is now aligned back to the compounder thesis and valuation.
Core & Main exhibited a performance conducive to a rise in share value, showcasing a surprising uptick in volumes and an expansion in gross margins. Furthermore, the company provided a 'constructive' early outlook for FY25.
The company's Q3 earnings surpassed expectations, supported by a strong initial FY25 guidance. The recent performance highlighted price resilience and a notable change in gross margins. This development challenges previous pessimistic views, suggesting that if the company maintains its trajectory in addressing pricing and margin concerns, further improvements in EBITDA and valuation expansion might be observed.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
巴克萊銀行分析師Matthew Bouley維持$Core & Main (CNM.US)$買入評級，並將目標價從57美元上調至65美元。
根據TipRanks數據顯示，該分析師近一年總勝率為65.2%，總平均回報率為20.0%。
此外，綜合報道，$Core & Main (CNM.US)$近期主要分析師觀點如下：
Core＆Main展示了新的毛利率標準和持續的資本部署執行，有效地解決了關於股份或增長的擔憂。該公司現在重新與複合增長論和估值形成一致。
Core＆Main展示了一個有利於股價上升的表現，展示了交易量的驚人增長和毛利率的擴大。此外，該公司爲FY25提供了「建設性」的早期展望。
公司第三季度收益超出預期，得到強勁的FY25初步指引的支持。最近的表現突顯了價格的韌性和毛利率的顯著變化。這一發展挑戰了之前的悲觀觀點，表明如果公司在解決定價和毛利率方面保持其軌跡，可能會觀察到EBITDA和估值擴張的進一步改善。
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