Commercial Metals Company – Revenues rose 24.9% year on year




Commercial Metals Company (NYSE:CMC). Last Market Price: 13.03, Change: +0.45, % Change: (3.58%). Shares trade in the range of 12.28 – 13.05 dollars. It has a market capitalization of 1.51B dollars, making it a Small Cap Stock and has 115.53M outstanding shares. The company has a beta of 1.46, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is -0.01. It operates in Basic Materials sector and belongs to Iron and Steel industry. Percentage shares held by institutional investors is 80%. The company has a 52 week Price range (low – high) of $ 8.64 – 18.20. Average volumes of shares traded daily are 1,770,000. Volume traded in the last session was at 283,965, 0.16 times the average volume.

  • Reports Q4 (Aug) loss of $1.04 per share ($120 million),
  • Revenues rose 24.9% year/year to $2.27 billion

For Q2 (May ’11), It had a Net profit margin of 1.79%, an Operating margin of 2.48%. Other Key stats and ratios are : Return on average assets of 4.03%, Return on average equity of 11.56%. The organization has an employee strength of 11,558

Consensus Recommendation is a Outperform.


Estimate for sales for the Quarter Ending Nov-11 show a mean of 2,097.46 million dollars, an estimate high of 2,259.70 million dollars and an estimate low of 2,028.44 million dollars. A year ago the figures stood at 1,799.80 million dollars.

Estimate for sales for the Quarter Ending Feb-12 show a mean of 2,091.89 million dollars, an estimate high of 2,265.90 million dollars and an estimate low of 1,953.00 million dollars. A year ago the figures stood at 1,812.10 million dollars.

Estimate for EPS for the Quarter Ending Nov-11 show a mean of 0.27 dollars, an estimate high of 0.34 dollars and an estimate low of 0.17 dollars. A year ago the figures stood at 0.28 dollars.

Estimate for EPS for the Quarter Ending Feb-12 show a mean of 0.20 dollars, an estimate high of 0.35 dollars and an estimate low of 0.10 dollars. A year ago the figures stood at 0.28 dollars.

Sales for Quarter Ending May-11 was estimated at 2,066.93 million dollars, however the actual sales figure stood at 2,076.56 million dollars, 9.63 million dollars more than estimates.

Sales for Quarter Ending Feb-11 was estimated at 1,739.40 million dollars, however the actual sales figure stood at 1,791.77 million dollars, 52.37 million dollars more than estimates.


edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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