---
title: "Research Alert: CFRA Maintains Hold Opinion On Shares Of Commercial Metals Company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281020997.md"
description: "CFRA maintains a Hold opinion on Commercial Metals Company (CMC) shares, lowering the 12-month target price to $63. FY 26 EPS estimate is reduced to $6.80, and FY 27 EPS forecast to $7.14. CMC's fundamentals are supported by infrastructure investments and industrial reshoring. Management expects $165-$175M EBITDA from the precast platform, with integration on schedule. Net leverage improved to 2.3x, aiming for a 2x target. The West Virginia micro mill is set to start in June 2026."
datetime: "2026-03-30T12:30:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281020997.md)
  - [en](https://longbridge.com/en/news/281020997.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281020997.md)
---

# Research Alert: CFRA Maintains Hold Opinion On Shares Of Commercial Metals Company

08:30 AM EDT, 03/30/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We decrease our 12-month target price by $16 to $63, which assumes CMC will trade at an EV/EBITDA of 6.2x our FY 27 (Aug.) EBITDA estimate, in line with CMC's three-year average forward EV/EBITDA. We lower our FY 26 EPS estimate by $0.48 to $6.80 and our FY 27 EPS forecast by $0.51 to $7.14. CMC's fundamentals remain supported by favorable structural tailwinds, including infrastructure investment, data center buildout, energy infrastructure expansion, and industrial reshoring. Management reaffirms $165-$175M full-year EBITDA guidance for its newly acquired precast platform, with integration progressing on schedule and early commercial synergies materializing. The TAG operational excellence program is tracking toward exceeding its $150M annualized EBITDA run-rate target by fiscal year-end. Net leverage improved to 2.3x from 2.7x at acquisition close, with management confident in reaching the 2x target. The West Virginia micro mill remains on track for June 2026 startup.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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