Citigroup downgraded Core & Main from Buy to Neutral and set a new price target of $64.00 from $63.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/23/2024 | $52.00 | Overweight | Wells Fargo |
| 4/5/2024 | $63.00 → $64.00 | Buy → Neutral | Citigroup |
| 1/8/2024 | $38.00 → $48.00 | Neutral → Buy | Citigroup |
| 10/12/2023 | $40.00 | Peer Perform → Outperform | Wolfe Research |
| 6/13/2023 | $40.00 | Buy | Northcoast |
| 2/14/2023 | $28.00 | Buy | Loop Capital |
| 8/18/2022 | $40.00 | Buy | Deutsche Bank |
| 3/31/2022 | $32.00 → $34.00 | Equal Weight → Overweight | Barclays |
Smart water technology to enhance operational efficiency and resilience The Immokalee Water & Sewer District in Collier County, Fla. selected Xylem (NYSE:XYL) and Core & Main (NYSE:CNM) to advance its digital transformation initiative. The utility will soon manage meters remotely, track residential water pressure, check water quality, and more with Xylem digital solutions. The modernization will create a comprehensive water management solution that integrates potable water distribution, wastewater collection, and treatment systems. "This data and asset management project will significantly improve our operational efficiency," said Sarah Catala, executive director at Immokalee Water & Se
Core & Main Inc. (NYSE:CNM), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, today announced financial results for the third quarter ended October 27, 2024. Fiscal 2024 Third Quarter Results (Compared with Fiscal 2023 Third Quarter) Net sales increased 11.5% to $2,038 million Gross profit increased 9.9% to $543 million; gross profit margin was 26.6%, increasing 20 basis points from the second quarter Net income decreased 11.4% to $140 million Diluted earnings per share increased 6.2% to $0.69 Adjusted EBITDA (Non-GAAP) increased 6.5% to $277 million; Adjusted EBITDA margin (Non-GAAP) was 13.6% Completed five
Core & Main Inc. (NYSE:CNM), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, will issue its financial results for the third fiscal quarter ended Oct. 27, 2024, before the market opens on Tuesday, Dec. 3, 2024. Core & Main will host a live conference call and webcast at 8:30 a.m. ET the same day to discuss the company's financial results. The webcast will be accessible via the events calendar at ir.coreandmain.com. The conference call may also be accessed by dialing 833-470-1428 or +1-404-975-4839 (international). The passcode for the live call is 312715. To ensure participants are connected for the full call, please dial in at
Core & Main Inc. (NYSE:CNM), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, will issue its financial results for the third fiscal quarter ended Oct. 27, 2024, before the market opens on Tuesday, Dec. 3, 2024. Core & Main will host a live conference call and webcast at 8:30 a.m. ET the same day to discuss the company's financial results. The webcast will be accessible via the events calendar at ir.coreandmain.com. The conference call may also be accessed by dialing 833-470-1428 or +1-404-975-4839 (international). The passcode for the live call is 312715. To ensure participants are connected for the full call, please dial in at
Core & Main Inc. (NYSE:CNM), a leader in advancing reliable infrastructure with local service, nationwide, today announced financial results for the second quarter ended July 28, 2024. Fiscal 2024 Second Quarter Results (Compared with Fiscal 2023 Second Quarter) Net sales increased 5.5% to $1,964 million Gross profit increased 3.4% to $518 million; gross profit margin decreased 50 basis points to 26.4% Net income decreased 23.2% to $126 million Diluted earnings per share decreased 7.6% to $0.61 Adjusted EBITDA (Non-GAAP) decreased 4.8% to $257 million; Adjusted EBITDA margin (Non-GAAP) decreased 140 basis points to 13.1% Acquired five new businesses during and after the
Core & Main Inc. (NYSE:CNM), a leader in advancing reliable infrastructure with local service, nationwide, will issue its financial results for the second fiscal quarter ended July 28, 2024, before the market opens on Wednesday, Sept. 4, 2024. Core & Main will host a live conference call and webcast at 8:30 a.m. ET the same day to discuss the company's financial results. The webcast will be accessible via the events calendar at ir.coreandmain.com. The conference call may also be accessed by dialing 833-470-1428 or +1-404-975-4839 (international). The passcode for the live call is 823702. To ensure participants are connected for the full call, please dial in at least 10 minutes prior to th
SC 13G/A - Core & Main, Inc. (0001856525) (Subject)
SC 13G/A - Core & Main, Inc. (0001856525) (Subject)
SC 13G/A - Core & Main, Inc. (0001856525) (Subject)
144 - Core & Main, Inc. (0001856525) (Subject)
8-K - Core & Main, Inc. (0001856525) (Filer)
144 - Core & Main, Inc. (0001856525) (Subject)
Wells Fargo initiated coverage of Core & Main with a rating of Overweight and set a new price target of $52.00
Citigroup downgraded Core & Main from Buy to Neutral and set a new price target of $64.00 from $63.00 previously
Citigroup upgraded Core & Main from Neutral to Buy and set a new price target of $48.00 from $38.00 previously
4 - Core & Main, Inc. (0001856525) (Issuer)
4 - Core & Main, Inc. (0001856525) (Issuer)
4 - Core & Main, Inc. (0001856525) (Issuer)
Core & Main Inc. (NYSE:CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of EGW Utilities, Inc. (EGW), a distributor of quality products and services to underground utility contractors and municipalities, based in Texas. "With the acquisition of EGW, we are excited to expand our product offering and service capabilities in the underground utility industry," said Steve LeClair, chairman and CEO of Core & Main. "Their team brings a wealth of knowledge and technical expertise and will be a wonderful complement to our existing business in this area." Located in Carrollton, Te
MAUI, Hawaii, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) announced the appointment of two new Independent Directors to its Board, effective January 1, 2024: Catherine Ngo, a seasoned leader at the intersection of finance, technology, and law; and Maui native Ken Ota, a successful local entrepreneur with over 30 years of experience in the construction industry and water infrastructure. "Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors. We look forward to their thoughtful guidance as we chart the course for a future of growth," said Race Randle, CEO of Maui Land & Pineapple Company. "Their e
Core & Main Inc. (NYSE:CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of Granite Water Works Inc., a provider of water, wastewater and storm drainage products in Minnesota. "The strong local relationships and commitment to dependable service that Granite Water Works will bring to Core & Main will greatly amplify our capabilities and presence in central Minnesota," said Steve LeClair, chief executive officer of Core & Main. Granite Water Works is a leading distributor of high-quality waterworks and subsurface drainage supplies for contractors and municipalities in centr