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Commercial Metals (NYSE:CMC – Get Rating) issued its earnings results on Thursday. The basic materials company reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $1.14, Fidelity Earnings reports. Commercial Metals had a return on equity of 27.25% and a net margin of 11.43%. During the same period […]
Commercial Metals (NYSE:CMC – Get Rating) issued its earnings results on Thursday. The basic materials company reported $2.61 earnings per share for the quarter, beating the consensus estimate of $1.47 by $1.14, Fidelity Earnings reports. Commercial Metals had a net margin of 11.43% and a return on equity of 27.25%. During the same period in […]
Commercial Metals (NYSE:CMC – Get Rating) had its target price dropped by investment analysts at Citigroup from $44.00 to $36.00 in a report released on Friday, The Fly reports. Citigroup’s price objective points to a potential upside of 1.52% from the company’s current price. CMC has been the subject of several other reports. Credit Suisse […]
Commercial Metals (NYSE:CMC – Get Rating) had its target price upped by equities researchers at Credit Suisse Group from $37.00 to $39.00 in a note issued to investors on Friday, Stock Target Advisor reports. The firm presently has a “neutral” rating on the basic materials company’s stock. Credit Suisse Group’s price objective points to a […]
Commercial Metals (NYSE:CMC – Get Rating) had its price objective decreased by equities researchers at JPMorgan Chase & Co. from $55.00 to $54.00 in a note issued to investors on Tuesday, The Fly reports. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 46.86% from the company’s previous close. Other research analysts […]