How to Buy Commercial Metals Co Stock
Commercial Metals Co
Commercial Metals Co is a steel company located in Texas, United States, which is part of the Basic Materials sector, and is traded under the ticker CMC on the NYSE exchange.
Commercial Metals Co stock last closed at $55.76, up 1.01% from the previous day, and has increased 16.56% in one year. It has underperformed other stocks in the Steel industry by 0.04 percentage points. Commercial Metals Co stock is currently +39.92% from its 52-week low of $39.85, and -6.77% from its 52-week high of $59.81.
At the moment, there are 115.71M shares of CMC outstanding. The market cap of CMC is $6.45B. In the last 24 hours, 658,321 CMC shares were traded.
How to Buy Commercial Metals Co Stock
Not sure how to invest in Commercial Metals Co stock? Here's how.
- Figure out where to buy Commercial Metals Co stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Commercial Metals Co stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- Research Commercial Metals Co stock: The Commercial Metals Co ticker symbol is CMC. Is Commercial Metals Co stock a good investment? Should you buy shares of CMC? How do CMC's underlying business fundamentals look? Do top analysts think Commercial Metals Co is a good buy? Why has CMC's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if CMC is a good stock to buy).
- Make your CMC buy order: Decide if you will purchase CMC shares at the current market price or use a limit order to purchase CMC stock at a given price.
- Keep an eye on your investment in CMC: Create a watchlist to monitor your position in Commercial Metals Co shares.
Step 1: Figure out where to buy Commercial Metals Co stock
You will need a brokerage account in order to access the NYSE market and buy CMC stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to invest in CMC today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
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Step 3: Fund your brokerage account
Now that you have filled out your info on one of the best stock apps, you need to deposit funds:
Check out the video below if you need help transferring money into your investment account.
Step 4: Research Commercial Metals Co stock
After you have identified the best place to buy Commercial Metals Co stock, it's very important to research their stock before you buy, so you truly understand the risk as well as the upside.
Commercial Metals Co Numbers
Commercial Metals Co Overview
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on CMC's stock page.
What is the fair value of CMC stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CMC's intrinsic value.
Using relative valuations methods:
- CMC could be undervalued based on its P/E ratio of 9.56x, relative to Steel industry P/E ratio of 14.21x
- CMC may be overvalued based on its P/B ratio of 1.53x, relative to Steel industry P/B ratio of 1.01x
You can do more valuation analysis on CMC's stock here.
CMC Financial Overview
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the CMC balance sheet.
- CMC's operating cash flow of $1.14B allows it to safely service it's debt of $1.16B.
- CMC earnings of $930.36M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the CMC balance sheet.
- Total CMC debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- CMC has a relatively high debt to equity ratio of 0.58.
- CMC profit margin has gone down from 11.4% to 8.1% in the past year.
Is CMC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who research CMC, the consensus analyst rating on CMC is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Commercial Metals Co stock forecast page.
Metrics for Advanced CMC Traders
CMC Growth Metrics
Last year, CMC earnings were $680.26M. In the last 5 year, CMC's earnings have increased by 40.1% per year. This was faster than the Steel industry average of 10.63%.
Last year, CMC revenue was $8.41B. During the last 5 year, CMC's revenue has increased by 10.11% per year. This was faster than the Steel industry average of 7.98%.
You can analyze CMC's earnings and revenue performance here.
What are CMC insiders up to?
Over the last year, executives and large shareholders at CMC have sold more shares than they have bought.
Vicki L. Avrilgroves, Director of CMC, was the latest CMC insider to buy. They bought $4,978.14 worth of CMC shares on Apr 10, 2024.
Research more about who owns CMC shares here.
Can I rely on CMC as an income stream?
Commercial Metals Co pays a dividend of 1.18%, compared to the Steel industry's average dividend yield of 2.83%. If you owned $1,000 worth of CMC stock, you would have received $11.84 in the past year.
Commercial Metals Co dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Commercial Metals Co dividend yield and history here.
CMC Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your CMC buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in CMC
Now that you own some CMC stock, you'll want to keep up with your new shares.
Start a watchlist to get alerted to the latest events about your CMC stock.
CMC Feed
How to Buy Stock in Commercial Metals Co
To summarize, here are the 6 steps you need to take to buy Commercial Metals Co stock right now:
- Figure out where to buy Commercial Metals Co stock
- Create a brokerage account
- Fund your brokerage account
- Research Commercial Metals Co stock
- Make your CMC buy order
- Keep an eye on your investment in CMC
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your new investment in Commercial Metals Co, add CMC to your watchlist by clicking the button below.
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