CMC, US2017231034

Commercial Metals Company stock falls after TAG growth outlook and valuation check

Published on 09/19/2026 at 18:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Commercial Metals Company stock slipped 3.9 percent to USD 64.50 on September 18, 2026, trading near the lower half of its 52-week range. Analysts see TAG-driven EBITDA targets through fiscal 2029 underpinning revenue and margin growth expectations for the steel producer.

CMC, US2017231034, Illustration mit AI erstellt.

Commercial Metals Company stock (ISIN US2017231034) closed at USD 64.50 on September 18, 2026, down 3.9 percent on the day as the shares continued to trade in a 52-week band between USD 53.08 and USD 84.87.

TAG program targets long-term EBITDA growth

Commercial Metals Company, a Fortune 500 steel and construction solutions provider headquartered in Irving, Texas, is pushing ahead with its TAG Transform, Advance, Grow program, which the group expects to deliver more than USD 350 million in gross annual EBITDA benefits by fiscal 2027 according to Simply Wall St.

As Simply Wall St reports, Commercial Metals has also outlined a fiscal 2029 core EBITDA range of USD 1.65 billion to USD 1.80 billion, which, if achieved, would imply roughly five times the incremental EBITDA contribution compared with the more than USD 350 million targeted by fiscal 2027.

Revenue estimates and valuation context

Beyond EBITDA, analyst models point to strong top-line growth, with the Zacks Consensus Estimate calling for Commercial Metals to generate USD 9.18 billion in fiscal 2026 sales, an increase of 13.9 percent year on year according to Zacks.

At the same time, the stock’s valuation has moved higher, with Commercial Metals currently trading at a forward price-to-sales ratio of 0.75 compared with an industry average of 1.86, while its price-to-earnings ratio of 12.2 is above the five-year median P/E of 9.7 according to GuruFocus.

As GuruFocus highlights, the current price of USD 64.50 is almost identical to a GF Value estimate of USD 64.59, indicating that Commercial Metals Company stock is trading nearly in line with this fair-value model.

Stock reaction, range and investor takeaway

Per the same valuation overview, Commercial Metals Company shares fell 3.9 percent to USD 64.50 on September 18, 2026, with that level sitting closer to the lower end of the 52-week range of USD 53.08 to USD 84.87, leaving around USD 11.42 of distance to the low and USD 20.37 to the high according to GuruFocus.

The same analysis assigns Commercial Metals a GF Score of 86 out of 100, signalling a strong overall fundamental assessment, while also noting that insiders have sold around USD 2.4 million worth of shares over the past 12 months, a datapoint that some investors may interpret as a cautious signal according to GuruFocus.

Commercial Metals Company stock price and key facts

Commercial Metals Company stock most recently closed at USD 64.50 on the New York Stock Exchange on September 18, 2026, with the reference quote taken at the end of that completed trading day in United States dollars.