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Commercial Metals Insiders Show Mild Optimism Amid Earnings Miss and Board Shift
Commercial Metals Insiders Show Mild Optimism Amid Earnings Miss and Board Shift

Yahoo

time3 days ago

  • Business
  • Yahoo

Commercial Metals Insiders Show Mild Optimism Amid Earnings Miss and Board Shift

Commercial Metals Company (NYSE:CMC) is one of the . Amid Hold ratings and mixed price target changes, the company makes changes to the board. A close-up of a worker welding a steel product, showing the precision and craftsmanship. Commercial Metals Company (NYSE:CMC) is a global leader in sustainable steel recycling, manufacturing, and fabrication. The Texas-based company operates electric arc furnace mini‑mills, scrap recycling facilities, and fabrication plants across the United States, Poland, the UK, Central Europe, and Asia. Its client base is comprised of construction‑related markets, including infrastructure, commercial, industrial, and energy projects. Following a decline in profitability, reported in the Q3 2025 earnings results, various analysts maintained a hold rating on Commercial Metals Company (NYSE:CMC). For instance, BMO Capital and UBS reiterated their Hold rating on the stock on June 24, 2025. BMO Capital lowered the target price from $57 to $55. Morgan Stanley, as well, held on to the sentiment and gave the stock a Hold rating. However, the price target was raised to $57.50 from $53. In addition to missed earnings in Q3, the analysts pointed to market headwinds, including the uncertainties caused by tariffs. Amid the mixed sentiment from analysts, Commercial Metals Company (NYSE:CMC) announced changes in the board on July 11, 2023, with the appointment of Dawne Hickton as a Class I director, effective October 14, 2025. Insider transactions saw an uptick of 0.80% in the last six months, reflecting a moderately positive perception from the top executives towards the company's growth prospects. While we acknowledge the potential of CMC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 12 Best MLP Dividend Stocks to Buy According to Analysts Disclosure. None.

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