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Commercial Metals Stock Hits 52-Week High: What's Driving It?
ZACKS· 2025-12-09 02:21
Key Takeaways CMC shares surged after a 52-week high on strong Q4 results and a newly closed acquisition.Q4 EPS rose y/y to $1.35 on higher sales, profit and core EBITDA, all exceeding estimates.CMC's recent and planned deals aim to build a major precast platform with significant synergy potential. Commercial Metals Company (CMC) stock hit a 52-week high of $68.35 on Friday before closing the session a tad lower at $66.86. The upside was fueled by the news of the Concrete Pipe & Precast, LLC ("CP&P") deal c ...