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Commercial Metals (DE:CMS)
NYSE:CMS

Commercial Metals Company (CMS) Price & Analysis

1 Followers

CMS Stock Chart & Stats

€54.00
-€0.75(-1.56%)
At close: 4:00 PM EST
€54.00
-€0.75(-1.56%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationSustained positive operating cash flow (~$918M TTM) and meaningful free cash flow (~$405M TTM) provide durable internal funding for capex, integration of acquisitions, dividends and deleveraging. Strong cash generation improves financial flexibility across steel cycles.
Vertical Integration & PrecastIntegration of Precast broadens downstream exposure to construction services and conveys higher fabrication margins (24.7% segment margin). The accretive platform and explicit EBITDA guidance diversify revenue, reduce exposure to raw steel price swings, and support longer-term margin resilience.
Margin Expansion / Operational GainsMaterial margin expansion (up ~440 bps) and a large YoY EBITDA increase reflect structural efficiency gains (TAG program) and disciplined pricing. Durable margin improvement from operating initiatives and mix shifts implies better earnings power through a portion of the cycle.
Bears Say
Cyclicality Of EarningsRevenue and margins remain highly tied to steel price spreads and construction cycles; earnings are still well below prior peak years. This structural cyclicality implies persistent earnings volatility and limited predictability of long‑term cash flows during downturns.
Higher LeverageLeverage has increased materially versus prior periods, driven in part by acquisitions and capex. Elevated net leverage reduces balance sheet cushion against cyclical downturns, increases interest and refinancing risk, and constrains the pace of durable deleveraging absent sustained FCF improvement.
Uneven Cash ConversionWorking-capital swings and irregular conversion of earnings into cash mean FCF is volatile and well below accounting profitability at times. This structural variability limits reliable funding for buybacks, rapid debt paydown, or higher dividends during weaker market phases.

Commercial Metals Company News

CMS FAQ

What was Commercial Metals’s price range in the past 12 months?
Commercial Metals lowest stock price was €43.47 and its highest was €70.00 in the past 12 months.
    What is Commercial Metals’s market cap?
    Commercial Metals’s market cap is €6.70B.
      When is Commercial Metals’s upcoming earnings report date?
      Commercial Metals’s upcoming earnings report date is Oct 15, 2026 which is in 81 days.
        How were Commercial Metals’s earnings last quarter?
        Commercial Metals released its earnings results on Jun 25, 2026. The company reported €1.513 earnings per share for the quarter, beating the consensus estimate of €1.486 by €0.027.
          Is Commercial Metals overvalued?
          According to Wall Street analysts Commercial Metals’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Commercial Metals pay dividends?
            Commercial Metals does not currently pay dividends.
            What is Commercial Metals’s EPS estimate?
            Commercial Metals’s EPS estimate is 1.71.
              How many shares outstanding does Commercial Metals have?
              Commercial Metals has 110,624,340 shares outstanding.
                What happened to Commercial Metals’s price movement after its last earnings report?
                Commercial Metals reported an EPS of €1.513 in its last earnings report, beating expectations of €1.486. Following the earnings report the stock price went up 0.806%.
                  Which hedge fund is a major shareholder of Commercial Metals?
                  Currently, no hedge funds are holding shares in DE:CMS
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Commercial Metals Company Stock Smart Score

                    Company Description

                    Commercial Metals

                    Commercial Metals Company (CMC) is an international enterprise specializing in the production, recycling, and fabrication of steel and metal products, along with providing related services. The company serves markets across the United States, Poland, China, and other international regions. A significant facet of its business involves processing and marketing a wide array of ferrous and non-ferrous scrap metals. These raw materials are supplied to a diverse clientele, including steel mills, foundries, aluminum sheet and ingot producers, brass and bronze ingot makers, copper refineries, secondary lead smelters, specialty steel manufacturers, and high-temperature alloy fabricators. Commercial Metals Company manufactures and distributes a comprehensive range of finished long steel products. These encompass reinforcing bars (rebar), merchant bars, light structural sections, and various other specialized profiles. It also provides semi-finished billets intended for re-rolling and forging applications. Specializing in custom-fabricated steel products, the company's offerings are primarily utilized for concrete reinforcement. Such products are integral to the construction of a wide array of structures, from commercial and residential buildings, healthcare facilities, and convention centers to industrial and power plants, highways, bridges, and expansive public venues like arenas, stadiums, and dams. Beyond its fabrication activities, CMC supplies construction-related equipment and products, both for sale and rent, catering to concrete installers and other commercial enterprises. Additionally, the firm produces niche items such as robust strength bars for the truck trailer industry, specialized bar steels engineered for the energy market, and armor plates designated for military vehicles. These diverse metal solutions, including various rebar forms, merchant bars, wire rods, fabricated meshes, and pre-assembled rebar cages, reach a broad customer base encompassing fabricators, manufacturers, distributors, and construction firms. Founded in 1915, Commercial Metals Company maintains its corporate headquarters in Irving, Texas.

                    Commercial Metals Company (CMS) Earnings & Revenues

                    CMS Company Deck

                    CMS Earnings Call

                    Q3 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed a broadly positive operational and financial trajectory: strong YoY growth in core EBITDA (78.6%), significant margin expansion, successful Precast integration with meaningful accretion to Construction Solutions, progress on TAG efficiency initiatives, and clear deleveraging and liquidity improvements. Near‑term challenges—Q3 maintenance outages (~$20M impact), temporary scrap cost pressure, weather‑related shipment delays, and purchase‑accounting amortization that depresses reported earnings—were explicitly called out as largely temporary and expected to reverse into Q4. Management provided a constructive Q4 outlook (expected $40M–$50M sequential EBITDA improvement) and maintained full‑year Precast guidance, reinforcing confidence in sustainability of improvements. On balance, the highlights (strong margins, earnings growth, integration success, deleveraging and cash‑tax benefits) outweigh the temporary lowlights.View all DE:CMS earnings summaries

                    CMS Stock 12 Month Forecast

                    Average Price Target

                    €70.66
                    ▲(30.86% Upside)
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