Commercial Metals Company (CMC) Analysts See $0.26 EPS

March 14, 2018 - By Migdalia James

 Commercial Metals Company (CMC) Analysts See $0.26 EPS
Investors sentiment is 0.98 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 24 investors sold Commercial Metals Company shares while 61 reduced holdings. only 27 funds opened positions while 56 raised stakes. 100.74 million shares or 2.15% less from 102.95 million shares in 2017Q2 were reported.
Engineers Gate Manager Limited Partnership has invested 0.03% of its portfolio in Commercial Metals Company (NYSE:CMC). Adage Cap Prtnrs Group Ltd Liability Company stated it has 0.03% in Commercial Metals Company (NYSE:CMC). Ray Gerald L Associates Ltd stated it has 0.04% of its portfolio in Commercial Metals Company (NYSE:CMC). Ny State Teachers Retirement System owns 241,959 shares. First Midwest Financial Bank Tru Division holds 21,173 shares or 0.05% of its portfolio. Alliancebernstein L P reported 250,899 shares. Bnp Paribas Arbitrage owns 59,584 shares or 0% of their US portfolio. Riverhead Mgmt Limited Liability Company has 0.01% invested in Commercial Metals Company (NYSE:CMC). Bessemer Gp Inc owns 757 shares for 0% of their portfolio. Trexquant Invest L P stated it has 0.11% in Commercial Metals Company (NYSE:CMC). Teachers Retirement Of The State Of Kentucky holds 0.01% or 29,300 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 5,853 shares. Gemmer Asset Mgmt Llc has invested 0% of its portfolio in Commercial Metals Company (NYSE:CMC). Panagora Asset Mgmt Inc has 3,560 shares. Pnc Serv Grp Incorporated has invested 0% in Commercial Metals Company (NYSE:CMC).

Since January 16, 2018, it had 0 insider buys, and 3 selling transactions for $1.54 million activity. HICKEY ADAM R sold $510,000 worth of stock or 20,000 shares.

Analysts expect Commercial Metals Company (NYSE:CMC) to report $0.26 EPS on March, 22 before the open.They anticipate $0.01 EPS change or 4.00 % from last quarter’s $0.25 EPS. CMC’s profit would be $30.33M giving it 23.50 P/E if the $0.26 EPS is correct. After having $0.30 EPS previously, Commercial Metals Company’s analysts see -13.33 % EPS growth. The stock decreased 3.61% or $0.92 during the last trading session, reaching $24.44. About 1.43M shares traded. Commercial Metals Company (NYSE:CMC) has risen 10.79% since March 14, 2017 and is uptrending. It has underperformed by 5.91% the S&P500.

Commercial Metals Company (NYSE:CMC) Ratings Coverage

Among 13 analysts covering Commercial Metals (NYSE:CMC), 9 have Buy rating, 3 Sell and 1 Hold. Therefore 69% are positive. Commercial Metals had 38 analyst reports since August 17, 2015 according to SRatingsIntel. Credit Agricole initiated the stock with “Buy” rating in Monday, August 17 report. Bank of America downgraded the shares of CMC in report on Thursday, June 2 to “Underperform” rating. Macquarie Research downgraded the shares of CMC in report on Monday, October 31 to “Neutral” rating. The rating was maintained by Jefferies with “Hold” on Wednesday, October 4. Citigroup upgraded the stock to “Buy” rating in Wednesday, November 9 report. Citigroup initiated Commercial Metals Company (NYSE:CMC) on Monday, August 22 with “Neutral” rating. The firm has “Hold” rating by Jefferies given on Monday, December 12. The stock of Commercial Metals Company (NYSE:CMC) has “Neutral” rating given on Thursday, June 8 by Bank of America. Bank of America upgraded the stock to “Buy” rating in Thursday, December 7 report. Credit Suisse maintained the shares of CMC in report on Monday, March 28 with “Neutral” rating.

Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. The company has market cap of $2.85 billion. It operates through five divisions: Americas Recycling, Americas Mills, Americas Fabrication, International Mill, and International Marketing and Distribution. It has a 38.14 P/E ratio. The Americas Recycling segment processes and sells scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.

More news for Commercial Metals Company (NYSE:CMC) were recently published by:, which released: “JPMorgan Upgrades Commercial Metals Company (CMC) to Overweight” on March 09, 2018.‘s article titled: “Irving company sees stock rise after landmark Trump decision” and published on March 01, 2018 is yet another important article.

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