Infrastructure Tailwinds | The company capitalizes on multi-decade water system replacement cycles and essential infrastructure needs that transcend economic fluctuations, positioning for sustained growth |
Analyst Outlook | Barclays maintains an Overweight rating with a $63 price target, reflecting confidence in the company's operational trajectory and profitability expansion potential |
Market Diversification | Core & Main balances residential sector softness with robust municipal infrastructure demand and surging data center construction driven by AI and cloud computing growth |
Margin Excellence | Discover how Core & Main achieves year-over-year gross margin expansion through operational improvements, pricing discipline, and identified SG&A cost savings opportunities |
Metrics to compare | CNM | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipCNMPeersSector | |
|---|---|---|---|---|
P/E Ratio | 19.1x | −100.8x | 12.4x | |
PEG Ratio | 2.05 | 1.10 | 0.03 | |
Price / Book | 4.3x | 7.4x | 1.4x | |
Price / LTM Sales | 1.2x | 1.4x | 1.2x | |
Upside (Analyst Target) | 38.8% | 20.2% | 25.0% | |
Fair Value Upside | Unlock | −2.7% | 7.5% | Unlock |
Core & Main, Inc. engages in the distribution of water, wastewater, storm drainage, and fire protection products and related services in the United States. The company’s products portfolio include pipes, valves, hydrants, fittings, and other products and services used for service, repair and replacement of underground water infrastructure; storm drainage products, such as corrugated HDPE and metal piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection pipes, valves, fittings, sprinkler heads and other accessories, as well as fabrication and kitting services; smart meter products; and smart metering solutions which include meter accessories, meter installation, network infrastructure and software installation, training, and long-term services, as well as engineered treatment plant products. Its specialty products and services are used in the maintenance, repair, replacement, and construction of water, wastewater, storm drainage, and fire protection infrastructure. The company serves municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets. Core & Main, Inc. was founded in 1874 and is headquartered in Saint Louis, Missouri.