Core-Mark Holding Company Inc. (NASDAQ:CORE) shares fell to a low of $30.845 before closing at $31.23. Intraday shares traded counted 0.18 million, which was 3.88% higher than its 30-day average trading volume of 189.39K. CORE’s previous close was $31.91 while the outstanding shares total 45.10M. The firm has a beta of 0.37, a 12-month trailing P/E ratio of 23.50, and a growth ratio of 6.53. The stock’s Relative Strength Index (RSI) is 44.96, with weekly volatility at 3.40% and ATR at 1.35. The CORE stock’s 52-week price range has touched low of $20.93 and a $36.33 high. The stock traded lower over the last trading session, losing -2.13% on 02/11/21.
Investors have identified the Food Distribution company Core-Mark Holding Company Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.41 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Core-Mark Holding Company Inc. (CORE) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For CORE, the company has in raw cash 11.7 million on their books with 43.3 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 1.43 billion total, with 721.1 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.89 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CORE sounds very interesting.
Is the stock of CORE attractive?
In related news, EVP, Chief IT Officer, Brandon Brian sold 2,001 shares of the company’s stock in a transaction that recorded on Jan 27. The sale was performed at an average price of 34.56, for a total value of 69,155. As the sale deal closes, the Senior VP & CFO, MILLER CHRISTOPHER M now sold 2,344 shares of the company’s stock, valued at 76,719. Also, SVP, Western Divisions, Thomas Alan T sold 1,625 shares of the company’s stock in a deal that was recorded on Sep 01. The shares were price at an average price of 33.93 per share, with a total market value of 55,144. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.20%.
2 out of 4 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Core-Mark Holding Company Inc.. 0 analysts has assigned a Sell rating on the CORE stock. The 12-month mean consensus price target for the company’s shares has been set at $37.25.