Core & Main (CNM) Projected to Post Quarterly Earnings on Tuesday

Core & Main (NYSE:CNM) is projected to announce its Q1 2026 earnings results before the market opens on Tuesday, June 3rd. Analysts expect the company to announce earnings of $0.52 per share and revenue of $1.84 billion for the quarter. Core & Main has set its FY 2025 guidance at EPS.

Core & Main (NYSE:CNM) last posted its quarterly earnings data on Tuesday, March 25th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). Core & Main had a return on equity of 24.71% and a net margin of 5.71%. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter last year, the business earned $0.34 EPS. Core & Main’s revenue was up 17.9% on a year-over-year basis. On average, analysts expect Core & Main to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Core & Main Price Performance

Core & Main stock opened at $53.07 on Tuesday. The stock’s fifty day moving average price is $50.51 and its two-hundred day moving average price is $50.86. Core & Main has a one year low of $37.22 and a one year high of $60.12. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.14 and a quick ratio of 1.28. The firm has a market cap of $10.50 billion, a PE ratio of 24.92, a price-to-earnings-growth ratio of 2.61 and a beta of 1.04.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CNM shares. Deutsche Bank Aktiengesellschaft assumed coverage on Core & Main in a research note on Tuesday, April 1st. They set a “buy” rating and a $60.00 price objective on the stock. Robert W. Baird decreased their price target on Core & Main from $66.00 to $65.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 26th. Royal Bank of Canada decreased their price target on Core & Main from $62.00 to $60.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 26th. Finally, Wells Fargo & Company lifted their price target on Core & Main from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Core & Main presently has a consensus rating of “Moderate Buy” and an average price target of $57.55.

Insider Buying and Selling

In other Core & Main news, EVP John R. Schaller sold 21,868 shares of Core & Main stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $46.82, for a total transaction of $1,023,859.76. Following the transaction, the executive vice president now directly owns 16,452 shares of the company’s stock, valued at approximately $770,282.64. The trade was a 57.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO John Weldon Stephens sold 10,214 shares of Core & Main stock in a transaction dated Monday, April 28th. The stock was sold at an average price of $53.02, for a total value of $541,546.28. Following the transaction, the chief accounting officer now directly owns 4,120 shares in the company, valued at $218,442.40. The trade was a 71.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 74,045 shares of company stock worth $3,683,698 in the last 90 days. Insiders own 3.53% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. raised its stake in shares of Core & Main by 23.1% in the first quarter. Goldman Sachs Group Inc. now owns 291,988 shares of the company’s stock worth $14,106,000 after purchasing an additional 54,854 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Core & Main by 36.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,576 shares of the company’s stock worth $1,719,000 after purchasing an additional 9,534 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of Core & Main in the first quarter worth approximately $396,000. Finally, Cubist Systematic Strategies LLC raised its stake in shares of Core & Main by 262.0% in the first quarter. Cubist Systematic Strategies LLC now owns 724 shares of the company’s stock worth $35,000 after purchasing an additional 524 shares during the last quarter. 94.19% of the stock is owned by institutional investors and hedge funds.

Core & Main Company Profile

Core & Main, Inc is a specialty distributor focused on water, wastewater, storm drainage and fire protection products, and related services. The company provides infrastructure solutions to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets, nationwide.