Core Main Stock Today

CNM Stock  USD 47.68  1.41  3.05%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Core Main is selling at 47.68 as of the 17th of March 2025; that is 3.05 percent increase since the beginning of the trading day. The stock's lowest day price was 46.27. Core Main has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on October 14, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Core Main's common stock.
Business Domain
Capital Goods
IPO Date
22nd of July 2021
Category
Industrials
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. The company has 190.19 M outstanding shares of which 14.16 M shares are currently shorted by investors with about 9.52 days to cover. More on Core Main

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Follow Valuation Options Odds of Bankruptcy
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Core Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOStephen LeClair
Thematic IdeaWholesale (View all Themes)
Old NameCARNEGIE WAVE
Business ConcentrationTrading Companies & Distributors, Industrial Distribution, Industrials, NYSE Composite, SP Midcap 400, Wholesale, Industrials, Trading Companies & Distributors, Industrial Distribution, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00980.0103
Notably Down
Slightly volatile
Asset Turnover0.941.0135
Significantly Down
Slightly volatile
Gross Profit Margin0.20.2412
Significantly Down
Slightly volatile
Net Debt1.5 B1.9 B
Significantly Down
Slightly volatile
Total Current Liabilities645.7 M890.1 M
Way Down
Slightly volatile
Non Current Liabilities Total2.4 B3.2 B
Way Down
Slightly volatile
Total Assets4.7 B5.8 B
Significantly Down
Slightly volatile
Total Current Assets1.6 BB
Way Down
Slightly volatile
Debt Levels
Core Main can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Core Main's financial leverage. It provides some insight into what part of Core Main's total assets is financed by creditors.
Liquidity
Core Main has 2.07 B in debt with debt to equity (D/E) ratio of 0.82, which is OK given its current industry classification. Core Main has a current ratio of 2.23, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Core to invest in growth at high rates of return.

Dividends Paid

22.83 Million
Core Main (CNM) is traded on New York Stock Exchange in USA. It is located in 1830 Craig Park Court, Saint Louis, MO, United States, 63146 and employs 5,000 people. Core Main is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.47 B. Core Main runs under Trading Companies & Distributors sector within Industrials industry. The entity has 190.19 M outstanding shares of which 14.16 M shares are currently shorted by investors with about 9.52 days to cover. Core Main has about 177 M in cash with 1.07 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Core Main Probability Of Bankruptcy
Ownership Allocation
The majority of Core Main outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Core Main to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Core Main. Please pay attention to any change in the institutional holdings of Core Main as this could imply that something significant has changed or is about to change at the company. Please note that on October 14, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Core Main's common stock.
Check Core Ownership Details

Core Stock Institutional Holders

InstituionRecorded OnShares
Royal London Asset Management Ltd2024-12-31
3.8 M
Amundi2024-12-31
3.7 M
First Trust Advisors L.p.2024-12-31
3.3 M
Geode Capital Management, Llc2024-12-31
3.3 M
Jpmorgan Chase & Co2024-12-31
2.8 M
Fiduciary Management, Inc. Of Milwaukee2024-12-31
2.8 M
Handelsbanken Fonder Ab2024-12-31
2.8 M
Samlyn Capital, Llc2024-12-31
2.6 M
Liontrust Investment Partners Llp2024-12-31
2.2 M
Blackrock Inc2024-12-31
22.3 M
Vanguard Group Inc2024-12-31
18.2 M
View Core Main Diagnostics

Core Main Historical Income Statement

At this time, Core Main's Net Income From Continuing Ops is very stable compared to the past year. As of the 17th of March 2025, Income Before Tax is likely to grow to about 795.7 M, while Depreciation And Amortization is likely to drop about 154.1 M. View More Fundamentals

Core Stock Against Markets

Core Main Corporate Management

Ian RorickDirectorProfile
Dennis GipsonIndependent DirectorProfile
Laura SchneiderChief Human Resource OfficerProfile
Mark WhittenburgGeneral Counsel, Company SecretaryProfile
James CastellanoIndependent DirectorProfile
Nathan SleeperDirectorProfile
Robyn BradburyAnalysis PlanningProfile
When determining whether Core Main is a strong investment it is important to analyze Core Main's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Core Main's future performance. For an informed investment choice regarding Core Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Main. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Core Main. If investors know Core will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Core Main listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.056
Earnings Share
2.14
Revenue Per Share
37.909
Quarterly Revenue Growth
0.115
Return On Assets
0.0793
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Core Main's market value can be influenced by many factors that don't directly affect Core Main's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.