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NYSE: CMC
Commercial Metals Co Stock Forecast, Predictions & Price Target

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Analyst price target for CMC

Based on 8 analysts offering 12 month price targets for Commercial Metals Co.
Min Forecast
$33.00-7.98%
Avg Forecast
$42.25+17.82%
Max Forecast
$54.00+50.59%

Should I buy or sell CMC stock?

Based on 8 analysts offering ratings for Commercial Metals Co.
Buy
Strong Buy
2 analysts 25%
Buy
2 analysts 25%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CMC stock forecasts and price targets.

CMC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
KeyBanc
Top 3%
98
Strong BuyMaintains$45.00+25.49%2022-07-19
Citigroup
Top 10%
91
HoldMaintains$36.00+0.39%2022-06-17
Credit Suisse
Top 8%
93
HoldMaintains$39.00+8.76%2022-06-17
JP Morgan
Bottom 11%
11
Strong BuyMaintains$54.00+50.59%2022-06-14
BMO Capital
Bottom 16%
16
HoldMaintains$45.00+25.49%2022-03-18
Exane BNP Paribas
Top 32%
69
BuyUpgrades$45.00+25.49%2022-01-21
Wolfe Research
Top 23%
78
BuyInitiates Coverage On$41.00+14.33%2021-11-17
Goldman Sachs
Top 9%
92
HoldUpgrades$33.00-7.98%2021-10-06

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Forecast return on equity

Is CMC forecast to generate an efficient return?
Company
20.71%
Industry
16.96%
Market
108.79%
CMC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CMC forecast to generate an efficient return on assets?
Company
10.66%
Industry
8.22%
CMC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CMC earnings per share forecast

What is CMC's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$6.07-31.95%
Avg 2 year Forecast
$5.40-39.46%
CMC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CMC revenue forecast

What is CMC's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$8.2B-3.91%
Avg 2 year Forecast
$8.2B-3.46%
CMC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CMC earnings growth forecast

How is CMC forecast to perform vs Steel companies and vs the US market?
Company
-22.19%
Industry
-28.1%
Market
18.27%
CMC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CMC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CMC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CMC revenue growth forecast

How is CMC forecast to perform vs Steel companies and vs the US market?
Company
-1.75%
Industry
-7.64%
Market
8.22%
CMC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CMC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CMC vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
CMC$35.86$42.25+17.82%Buy
X$18.59$26.07+40.24%Hold
SIM$29.25N/AN/A
SID$2.49N/AN/ASell
WOR$48.16$58.00+20.43%Hold
View Top Steel Stocks

Commercial Metals Co Stock Forecast FAQ

Is Commercial Metals Co Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: CMC) stock is to Buy CMC stock.

Out of 8 analysts, 2 (25%) are recommending CMC as a Strong Buy, 2 (25%) are recommending CMC as a Buy, 4 (50%) are recommending CMC as a Hold, 0 (0%) are recommending CMC as a Sell, and 0 (0%) are recommending CMC as a Strong Sell.

If you're new to stock investing, here's how to buy Commercial Metals Co stock.

What is CMC's earnings growth forecast for 2023-2024?

(NYSE: CMC) Commercial Metals Co's forecast annual earnings growth rate of -22.19% is forecast to beat the US Steel industry's average forecast earnings growth rate of -28.1%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.27%.

Commercial Metals Co's earnings in 2022 is $1,080,945,000.On average, 2 Wall Street analysts forecast CMC's earnings for 2023 to be $731,376,770, with the lowest CMC earnings forecast at $715,713,018, and the highest CMC earnings forecast at $747,040,523.

In 2024, CMC is forecast to generate $650,648,198 in earnings, with the lowest earnings forecast at $650,648,198 and the highest earnings forecast at $650,648,198.

What is CMC's revenue growth forecast for 2023-2024?

(NYSE: CMC) Commercial Metals Co's forecast annual revenue growth rate of -1.75% is forecast to beat the US Steel industry's average forecast revenue growth rate of -7.64%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.22%.

Commercial Metals Co's revenue in 2022 is $8,537,062,000.On average, 2 Wall Street analysts forecast CMC's revenue for 2023 to be $988,449,198,835, with the lowest CMC revenue forecast at $974,918,367,110, and the highest CMC revenue forecast at $1,001,980,151,051.

In 2024, CMC is forecast to generate $993,034,943,235 in revenue, with the lowest revenue forecast at $993,034,943,235 and the highest revenue forecast at $993,034,943,235.

What is CMC's forecast return on assets (ROA) for 2023-2024?

(NYSE: CMC) forecast ROA is 10.66%, which is higher than the forecast US Steel industry average of 8.22%.

What is CMC's Price Target?

According to 8 Wall Street analysts that have issued a 1 year CMC price target, the average CMC price target is $42.25, with the highest CMC stock price forecast at $54.00 and the lowest CMC stock price forecast at $33.00.

On average, Wall Street analysts predict that Commercial Metals Co's share price could reach $42.25 by Jul 19, 2023. The average Commercial Metals Co stock price prediction forecasts a potential upside of 17.82% from the current CMC share price of $35.86.

What is CMC's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: CMC) Commercial Metals Co's current Earnings Per Share (EPS) is $8.92. On average, analysts forecast that CMC's EPS will be $6.07 for 2023, with the lowest EPS forecast at $5.94, and the highest EPS forecast at $6.20. In 2024, CMC's EPS is forecast to hit $5.40 (min: $5.40, max: $5.40).

What is CMC's forecast return on equity (ROE) for 2023-2024?

(NYSE: CMC) forecast ROE is 20.71%, which is considered strong.
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