Commercial Metals' low P/E ratio is due to forecasted declining earnings. Shareholders accept this, acknowledging future earnings may not surprise positively. The share price is unlikely to rise significantly soon.
Barbara R. Smith, CMC's Executive Chairman, believes Arriola's vast experience in renewable energy and international management will enhance CMC's sustainability platform and offer valuable insights for growth in domestic and international construction markets.
Despite EPS growth, the market's low enthusiasm is reflected in the P/E ratio of 8.27. The recent sell-off could be an opportunity, but checking for long-term growth signs is advised. Insiders' share purchases in the last year are generally positive.
The low P/E of Commercial Metals is seen as justified given the shrinking earnings and pessimistic outlook for the company. Unless the conditions improve, the low P/E is likely to continue to impact the share price.
The low P/E of Commercial Metals is seen as justified given the shrinking earnings and pessimistic outlook for the company. Unless the conditions improve, the low P/E is likely to continue to impact the share price.
The low P/E of Commercial Metals is seen as justified given the shrinking earnings and pessimistic outlook for the company. Unless the conditions improve, the low P/E is likely to continue to impact the share price.
The low P/E of Commercial Metals is seen as justified given the shrinking earnings and pessimistic outlook for the company. Unless the conditions improve, the low P/E is likely to continue to impact the share price.
Commercial Metals' fast earnings growth, low payout ratio, and consistent dividend performance over the past 10 years position it as an attractive option for dividend-focused investors
Pre-Market Stock Movers Gapping up $Zillow-A (ZG.US)$+5.5% (Zillow Group was upgraded by Piper Sandler to overweight from neutral. Analyst Thomas Champion also hiked his price target to $62 per share, suggesting 33% upside from Monday's close.) $JPMorgan (JPM.US)$+1.2% (JPMorgan Chase was upgraded from Jefferies to buy from hold. The firm also labeled JPMorgan Chase as“best-in-class.") $3M (MMM.US)$+2% (Shares rose n...
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$Zillow-A (ZG.US)$ +5.5% (Zillow Group was upgraded by Piper Sandler to overweight from neutral. Analyst Thomas Champion also hiked his price target to $62 per share, suggesting 33% upside from Monday's close.)
$JPMorgan (JPM.US)$ +1.2% (JPMorgan Chase was upgraded from Jefferies to buy from hold. The firm also labeled JPMorgan Chase as“best-in-class.")
$3M (MMM.US)$ +2% (Shares rose n...
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