Grant Mooney - Core Main Chairman
| CNM Stock | USD 56.47 0.93 1.62% |
Chairman
Mr. Grant Jonathan Mooney is NonExecutive Director Joint Company Secretary of Carnegie Wave Energy Limited. He has resigned from the position of NonExecutive Independent Chairman of the Board of the Company with effect from 11 May 2015. He is the principal of Perthbased corporate advisory firm Mooney Partners specialising in corporate compliance administration to public companies. Mr. Mooney has gained experience in the areas of corporate and project management since commencing Mooney Partners in 1999. His experience extends to advice on capital raisings mergers and acquisitions and corporate governance. Currently Mr. Mooney serves as a director to several ASX listed companies across a variety of industries including technology and resources. He is a director of Phosphate Australia Limited appointed 14 October 2008 Barra Resources Limited appointed 29 November 2002 Wild Acre Metals Limited appointed May 2007 and was a director of ASX listed Ampella Mining Limited from 1 July 2008 to 25 November 2008 since 2015.
| Tenure | 9 years |
| Address | 1830 Craig Park Court, Saint Louis, MO, United States, 63146 |
| Phone | 314 432 4700 |
| Web | https://www.coreandmain.com |
Core Main Management Efficiency
The company has Return on Asset of 0.0933 % which means that on every $100 spent on assets, it made $0.0933 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.27 %, implying that it generated $0.27 on every 100 dollars invested. Core Main's management efficiency ratios could be used to measure how well Core Main manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of May 2024, Return On Tangible Assets is likely to drop to 0.02. In addition to that, Return On Capital Employed is likely to drop to 0.06. At this time, Core Main's Other Assets are very stable compared to the past year. As of the 1st of May 2024, Intangibles To Total Assets is likely to grow to 0.57, while Other Current Assets are likely to drop about 23.4 M.Similar Executives
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Management Performance
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.0933 |
Core Main Leadership Team
Elected by the shareholders, the Core Main's board of directors comprises two types of representatives: Core Main inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Core. The board's role is to monitor Core Main's management team and ensure that shareholders' interests are well served. Core Main's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Core Main's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ian Rorick, Director | ||
| Dennis Gipson, Independent Director | ||
| Laura Schneider, Chief Human Resource Officer | ||
| Greg Allen, COO | ||
| Mark Whittenburg, General Counsel, Company Secretary | ||
| James Castellano, Independent Director | ||
| Nathan Sleeper, Director | ||
| Robyn Bradbury, Analysis Planning | ||
| Jeffrey Giles, Vice President - Corporate Development | ||
| Orvin Kimbrough, Independent Director | ||
| Yvonne Bland, Vice Development | ||
| Bradford Cowles, President - Fire Protection | ||
| Michael Fitzpatrick, Non-Executive Director | ||
| James Berges, Chairman of the Board | ||
| John Schaller, President - Waterworks | ||
| Jennifer Noonan, Director Communications | ||
| Grant Mooney, Non-Executive Independent Chairman of the Board, Company Secretary | ||
| Aidan Flynn, CFO, Joint Company Secretary | ||
| Kieran OBrien, Executive Director - European Business Development | ||
| Michael Ottaviano, CEO, Managing Director, Executive Director | ||
| John Leggate, Non-Executive Independent Director | ||
| Carrie Busbee, Chief Officer | ||
| Jonathan Zrebiec, Director | ||
| Kathleen Mazzarella, Independent Director | ||
| Margaret Newman, Independent Director | ||
| Jeffrey Harding, Non-Executive Independent Director | ||
| John Stephens, VP Controller | ||
| Mark Witkowski, Chief Financial Officer | ||
| Stephen LeClair, Chief Executive Officer, Director |
Core Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Core Main a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.0933 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 13.17 B | ||||
| Shares Outstanding | 192.15 M | ||||
| Shares Owned By Insiders | 0.10 % | ||||
| Shares Owned By Institutions | 90.91 % | ||||
| Number Of Shares Shorted | 7.62 M | ||||
| Price To Earning | 65.20 X |
Core Main Investors Sentiment
The influence of Core Main's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Core. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Core Main's public news can be used to forecast risks associated with an investment in Core. The trend in average sentiment can be used to explain how an investor holding Core can time the market purely based on public headlines and social activities around Core Main. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Core Main's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Core Main's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Core Main's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Core Main.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Core Main in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Core Main's short interest history, or implied volatility extrapolated from Core Main options trading.
Pair Trading with Core Main
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Core Main position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Core Main will appreciate offsetting losses from the drop in the long position's value.Moving together with Core Stock
| 0.95 | DXPE | DXP Enterprises Earnings Call This Week | PairCorr |
| 0.92 | FERG | Ferguson Plc Financial Report 4th of June 2024 | PairCorr |
| 0.68 | AIT | Applied Industrial Financial Report 8th of August 2024 | PairCorr |
Moving against Core Stock
| 0.89 | AZ | A2Z Smart Technologies | PairCorr |
| 0.86 | TITN | Titan Machinery Financial Report 23rd of May 2024 | PairCorr |
| 0.81 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.68 | AP | Ampco Pittsburgh | PairCorr |
| 0.62 | MSM | MSC Industrial Direct Financial Report 4th of July 2024 | PairCorr |
The ability to find closely correlated positions to Core Main could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Core Main when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Core Main - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Core Main to buy it.
The correlation of Core Main is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Core Main moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Core Main moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Core Main can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Main. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Core Stock analysis
When running Core Main's price analysis, check to measure Core Main's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Core Main is operating at the current time. Most of Core Main's value examination focuses on studying past and present price action to predict the probability of Core Main's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Main's price. Additionally, you may evaluate how the addition of Core Main to your portfolios can decrease your overall portfolio volatility.
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Is Core Main's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Core Main. If investors know Core will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Core Main listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.076 | Earnings Share 2.15 | Revenue Per Share 38.776 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0933 |
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Core Main's market value can be influenced by many factors that don't directly affect Core Main's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.