WallStreetZenWallStreetZen

NYSE: CNM
Core & Main Inc Stock Forecast, Predictions & Price Target

Open Broker Account

Analyst price target for CNM

Based on 11 analysts offering 12 month price targets for Core & Main Inc.
Min Forecast
$25.00+12.92%
Avg Forecast
$30.27+36.73%
Max Forecast
$40.00+80.67%

Should I buy or sell CNM stock?

Based on 11 analysts offering ratings for Core & Main Inc.
Buy
Strong Buy
3 analysts 27.27%
Buy
3 analysts 27.27%
Hold
4 analysts 36.36%
Sell
1 analysts 9.09%
Strong Sell
0 analysts 0%

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

CNM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Bottom 16%
16
BuyMaintains$27.00+21.95%2022-09-15
Truist Securities
Top 3%
98
HoldMaintains$28.00+26.47%2022-09-14
Baird
Top 15%
86
BuyMaintains$30.00+35.50%2022-09-14
Credit Suisse
Bottom 2%
2
BuyMaintains$32.00+44.53%2022-09-14
Goldman Sachs
Top 9%
92
HoldMaintains$29.00+30.98%2022-09-14
Deutsche Bank
Bottom 9%
9
Strong BuyInitiates Coverage On$40.00+80.67%2022-08-18
Barclays
Bottom 6%
6
Strong BuyMaintains$28.00+26.47%2022-07-15
Anonymous
Goldman Sachs
HoldMaintains$27.00+21.95%2022-06-15
Bank of America
Top 14%
87
SellDowngrades$25.00+12.92%2022-02-17
Deutsche Bank
Top 30%
71
Strong BuyMaintains$37.00+67.12%2021-12-08

1 of 2

Forecast return on equity

Is CNM forecast to generate an efficient return?
Company
25.22%
Industry
43.66%
Market
108.79%
CNM's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CNM forecast to generate an efficient return on assets?
Company
7.59%
Industry
17.8%
CNM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CNM earnings per share forecast

What is CNM's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.62-15.18%
Avg 2 year Forecast
$1.59-16.75%
CNM's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CNM revenue forecast

What is CNM's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$6.2B+1.09%
Avg 2 year Forecast
$5.6B-7.57%
CNM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CNM earnings growth forecast

How is CNM forecast to perform vs Industrial Distribution companies and vs the US market?
Company
-8.76%
Industry
3.41%
Market
18.27%
CNM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CNM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CNM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CNM revenue growth forecast

How is CNM forecast to perform vs Industrial Distribution companies and vs the US market?
Company
-3.86%
Industry
3.36%
Market
8.22%
CNM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CNM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CNM vs Industrial Distribution Stocks

TickerPricePrice TargetUp/downsideConsensus
CNM$22.14$30.27+36.73%Buy
WCC$115.91$162.86+40.50%Strong Buy
SITE$106.41$146.63+37.79%Hold
MSM$72.11$100.00+38.68%Buy
AIT$99.86$134.50+34.69%Buy

Core & Main Stock Forecast FAQ

Is Core & Main Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: CNM) stock is to Buy CNM stock.

Out of 11 analysts, 3 (27.27%) are recommending CNM as a Strong Buy, 3 (27.27%) are recommending CNM as a Buy, 4 (36.36%) are recommending CNM as a Hold, 1 (9.09%) are recommending CNM as a Sell, and 0 (0%) are recommending CNM as a Strong Sell.

If you're new to stock investing, here's how to buy Core & Main stock.

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

(NYSE: CNM) Core & Main's forecast annual earnings growth rate of -8.76% is not forecast to beat the US Industrial Distribution industry's average forecast earnings growth rate of 3.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.27%.

Core & Main's earnings in 2022 is $313,100,000.On average, 3 Wall Street analysts forecast CNM's earnings for 2023 to be $398,351,126, with the lowest CNM earnings forecast at $354,089,890, and the highest CNM earnings forecast at $437,694,447.

In 2024, CNM is forecast to generate $390,974,254 in earnings, with the lowest earnings forecast at $356,548,848 and the highest earnings forecast at $454,907,150.

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

(NYSE: CNM) Core & Main's forecast annual revenue growth rate of -3.86% is not forecast to beat the US Industrial Distribution industry's average forecast revenue growth rate of 3.36%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.22%.

Core & Main's revenue in 2022 is $6,110,300,000.On average, 3 Wall Street analysts forecast CNM's revenue for 2023 to be $1,518,930,795,125, with the lowest CNM revenue forecast at $1,465,956,734,507, and the highest CNM revenue forecast at $1,606,518,126,081.

In 2024, CNM is forecast to generate $1,388,696,287,658 in revenue, with the lowest revenue forecast at $1,350,729,982,777 and the highest revenue forecast at $1,426,662,592,538.

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

(NYSE: CNM) forecast ROA is 7.59%, which is lower than the forecast US Industrial Distribution industry average of 17.8%.

What is CNM's Price Target?

According to 11 Wall Street analysts that have issued a 1 year CNM price target, the average CNM price target is $30.27, with the highest CNM stock price forecast at $40.00 and the lowest CNM stock price forecast at $25.00.

On average, Wall Street analysts predict that Core & Main's share price could reach $30.27 by Sep 15, 2023. The average Core & Main stock price prediction forecasts a potential upside of 36.73% from the current CNM share price of $22.14.

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

(NYSE: CNM) Core & Main's current Earnings Per Share (EPS) is $1.91. On average, analysts forecast that CNM's EPS will be $1.62 for 2023, with the lowest EPS forecast at $1.44, and the highest EPS forecast at $1.78. In 2024, CNM's EPS is forecast to hit $1.59 (min: $1.45, max: $1.85).

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

(NYSE: CNM) forecast ROE is 25.22%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.