Core & Main (NYSE:CNM) Issues Earnings Results

Core & Main (NYSE:CNM) announced its quarterly earnings data on Monday. The company reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.10, Fidelity Earnings reports.

Shares of Core & Main stock opened at $27.04 on Wednesday. Core & Main has a 12 month low of $21.45 and a 12 month high of $30.57.

CNM has been the subject of a number of research reports. Truist initiated coverage on Core & Main in a research note on Tuesday, August 17th. They issued a “hold” rating and a $29.00 price objective for the company. Bank of America began coverage on Core & Main in a research note on Tuesday, August 17th. They issued a “neutral” rating and a $30.00 price objective for the company. Robert W. Baird began coverage on Core & Main in a report on Tuesday, August 17th. They issued an “outperform” rating and a $32.00 target price on the stock. Citigroup began coverage on Core & Main in a report on Wednesday, August 18th. They issued a “buy” rating and a $31.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on Core & Main in a report on Tuesday, August 17th. They issued a “buy” rating and a $32.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Core & Main has an average rating of “Hold” and a consensus price target of $29.92.

Core & Main Company Profile

Core & Main Inc is a specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets. The company’s products and services are used in the maintenance, repair, replacement and construction of water and fire protection infrastructure.

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