<div id="readability-page-1"><p>Core &amp; Main (NYSE:CNM - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.17, FiscalAI reports. The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.06 billion. Core &amp; Main had a return on equity of 25.44% and a net margin of 5.57%.During the same period last year, the company earned $0.69 earnings per share.</p><h2>Core &amp; Main Stock Performance</h2><ul><li>Med-tech stock Conmed dips ahead of big Q4 report...opportunity?</li></ul><p>CNM opened at $50.53 on Tuesday. The stock's 50 day simple moving average is $50.37 and its 200-day simple moving average is $56.40. The company has a current ratio of 2.25, a quick ratio of 1.30 and a debt-to-equity ratio of 1.14. The stock has a market cap of $9.98 billion, a PE ratio of 22.56, a P/E/G ratio of 1.97 and a beta of 0.99. Core &amp; Main has a 1 year low of $43.17 and a 1 year high of $67.18. </p><h2>Hedge Funds Weigh In On Core &amp; Main</h2><p>A number of hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its position in shares of  Core &amp; Main by 145.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 454 shares of the company's stock valued at $27,000 after acquiring an additional 269 shares in the last quarter.  Cubist Systematic Strategies LLC boosted its holdings in  Core &amp; Main by 262.0% during the first quarter. Cubist Systematic Strategies LLC now owns 724 shares of the company's stock valued at $35,000 after purchasing an additional 524 shares in the last quarter.  Wilmington Savings Fund Society FSB grew its stake in shares of  Core &amp; Main by 47.8% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 961 shares of the company's stock valued at $52,000 after purchasing an additional 311 shares during the period.  State of Wyoming acquired a new position in shares of  Core &amp; Main in the 2nd quarter worth approximately $190,000.  Finally, Modern Wealth Management LLC bought a new position in shares of  Core &amp; Main during the 2nd quarter worth approximately $226,000. Institutional investors and hedge funds own  94.19% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>CNM has been the topic of several research reports. Wells Fargo &amp; Company dropped their target price on Core &amp; Main from $60.00 to $55.00 and set an &#34;overweight&#34; rating on the stock in a research report on Thursday, December 4th. Citigroup dropped their price objective on Core &amp; Main from $62.00 to $54.00 and set a &#34;neutral&#34; rating on the stock in a report on Wednesday, September 10th. UBS Group began coverage on shares of Core &amp; Main in a research note on Monday, September 29th. They issued a &#34;buy&#34; rating and a $65.00 target price for the company. Barclays reduced their price objective on shares of Core &amp; Main from $65.00 to $63.00 and set an &#34;overweight&#34; rating for the company in a research note on Monday, December 1st. Finally, The Goldman Sachs Group cut their target price on Core &amp; Main from $68.00 to $60.00 and set a &#34;neutral&#34; rating on the stock in a report on Friday, September 12th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $60.00.</p><p><b>Read Our Latest Stock Analysis on CNM</b></p><h2>About Core &amp; Main</h2> (Get Free Report)<p>Core &amp; Main, Inc is a specialty distributor focused on water, wastewater, storm drainage and fire protection products, and related services. The company provides infrastructure solutions to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets, nationwide.</p><h2>Read More</h2><ul><li>Five stocks we like better than Core &amp; Main</li><li>What is Forex and How Does it Work? </li><li>Top 5 Highest-Rated Dividend Stocks, According to MarketBeat</li><li>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health</li><li>Profitably Trade Stocks at 52-Week Highs</li><li>3 Stocks Most Likely to Split in 2026</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNOTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNOTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Core &amp; Main Right Now?</h2><p>Before you consider Core &amp; Main, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Core &amp; Main wasn't on the list.</p><p>While Core &amp; Main currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Core & Main reported quarterly earnings of $0.89 per share, beating estimates by $0.17. Revenue matched expectations at $2.06 billion. The company achieved a net margin of 5.57% and a return on equity of 25.44%. Hedge funds have adjusted their positions, and analysts have varied ratings, with an average target price of $60.00. Core & Main specializes in water and fire protection products.</p>

Core & Main (NYSE:CNM) Releases Earnings Results, Beats Estimates By $0.17 EPS