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Added to YB: 2024-05-20

Pitch date: 2024-05-17

CNM [bullish]

Core & Main, Inc.

-7.03%

current return

Author Info

Company Info

Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services in the United States.

Market Cap

$10.0B

Pitch Price

$60.33

Price Target

N/A

Dividend

N/A

EV/EBITDA

12.42

P/E

24.67

EV/Sales

1.69

Sector

Trading Companies and Distributors

Category

growth

Show full summary:
Core & Main, Inc. - $CNM

CNM: Distributor of water infrastructure products across US. Expect HSD growth (MSD organic + M&A), 50% of sales from repairs. $2.2T spending needed over 20yrs, $17B from Infrastructure Act. Risks: construction decline, overpaying for M&A. 18/25 score. $57 buy target (3% below current).

Read full article (7 min)