The modest uptick in Commercial Metals' price target is supported by a slight increase in its future P/E multiple, while revenue growth forecasts remain stable, resulting in a revised fair value of $59.25.
What's in the News
- From March 1, 2025 to May 31, 2025, Commercial Metals repurchased 1,113,014 shares for $50.4 million, representing 0.98% of shares outstanding.
- The company has now completed the repurchase of 13,244,403 shares for $595.05 million, representing 11.29% of shares under the buyback announced in October 2021.
Valuation Changes
Summary of Valuation Changes for Commercial Metals
- The Consensus Analyst Price Target has risen slightly from $57.75 to $59.25.
- The Future P/E for Commercial Metals has risen slightly from 8.09x to 8.26x.
- The Consensus Revenue Growth forecasts for Commercial Metals remained effectively unchanged, at 6.1% per annum.
Disclaimer
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