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© 2026 Benzinga | All Rights Reserved
June 5, 2024 10:00 AM 5 min read

The Analyst Verdict: Core & Main In The Eyes Of 10 Experts

by Benzinga Insights Benzinga Staff Writer
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CNM Logo
CNMCore & Main Inc
$53.36-%
Overview

Throughout the last three months, 10 analysts have evaluated Core & Main (NYSE:CNM), offering a diverse set of opinions from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $57.7, a high estimate of $65.00, and a low estimate of $38.00. Surpassing the previous average price target of $51.22, the current average has increased by 12.65%.

Decoding Analyst Ratings: A Detailed Look

A comprehensive examination of how financial experts perceive Core & Main is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

Capture valuable insights into Core & Main's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Core & Main analyst ratings.

Unveiling the Story Behind Core & Main

Financial Milestones: Core & Main's Journey

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Net Margin: Core & Main's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 4.38%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.91%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.24%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Core & Main's debt-to-equity ratio is below the industry average at 1.43, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Significance of Analyst Ratings Explained

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


Posted In:
Analyst RatingsBZI-AAR
Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 3 4 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 3 3 3 0 0
Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Keith Hughes Truist Securities Lowers Hold $50.00 $56.00
Anthony Pettinari Citigroup Raises Neutral $64.00 $63.00
Joe Ritchie Goldman Sachs Raises Neutral $61.00 $42.00
Anthony Pettinari Citigroup Raises Buy $63.00 $48.00
Keith Hughes Truist Securities Maintains Hold $38.00 -
Mike Dahl RBC Capital Raises Outperform $60.00 $59.00
Jeffrey Stevenson Loop Capital Raises Buy $64.00 $58.00
Matthew Bouley Barclays Raises Overweight $65.00 $49.00
Stephen Tusa JP Morgan Raises Overweight $54.00 $38.00
Jeffrey Stevenson Loop Capital Raises Buy $58.00 $48.00
  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Core & Main. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Core & Main compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Core & Main's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Core & Main Inc is a specialty distributor focusing on water, wastewater, storm drainage, and fire protection products and services. Catering to municipalities, private water companies, and contractors, it serves municipal, non-residential, and residential markets nationwide. Its diverse product line includes pipes, valves, fittings, storm drainage products, fire protection products, and meter products. Revenue is primarily generated from pipes, valves, and fittings. The company operates across three construction sectors: municipal, non-residential, and residential, contributing to reliable infrastructure development nationwide.

Revenue Growth: Core & Main's revenue growth over a period of 3 months has been noteworthy. As of 31 January, 2024, the company achieved a revenue growth rate of approximately 4.8%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.

CNM Logo
CNMCore & Main Inc
$53.36-%
Overview
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