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CNM: Continued Share Buybacks Will Support Bullish Momentum Going Forward

Update shared on 13 Nov 2025

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AnalystConsensusTarget's Fair Value
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1Y
0.8%
7D
-3.2%

Narrative Update: Core & Main Analyst Price Target Adjustment

Analysts have maintained their fair value price target for Core & Main at $59.75. This reflects continued confidence as only minor adjustments were made to underlying estimates and assumptions.

What's in the News

  • Core & Main completed a share repurchase of 121,835 shares between May 5 and August 3, 2025. This brings the total shares bought back under the June 2024 program to 4,503,927 shares for $201.66 million (Key Developments).
  • The company has revised its fiscal year 2025 guidance and lowered its outlook. Net sales are now projected between $7,600 and $7,700 million, with an expected net sales growth of 2% to 3%, and average daily sales growth of 4% to 5% (Key Developments).

Valuation Changes

  • Consensus Analyst Price Target remains unchanged at $59.75.
  • The discount rate has risen slightly from 8.40% to approximately 8.49%.
  • Revenue growth forecast is stable at about 3.14%.
  • Net profit margin projection is unchanged at approximately 6.99%.
  • The future P/E ratio has increased marginally from 24.62x to 24.68x.

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.