CMC
Price
$60.23
Change
-$0.40 (-0.66%)
Updated
Nov 14, 12:09 PM (EDT)
60 days until earnings call
GGB
Price
$3.39
Change
-$0.01 (-0.29%)
Updated
Nov 13 closing price
97 days until earnings call
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CMC vs GGB

Header iconCMC vs GGB Comparison
Open Charts CMC vs GGBBanner chart's image
Commercial Metals
Price$60.23
Change-$0.40 (-0.66%)
Volume$400
CapitalizationN/A
Gerdau SA
Price$3.39
Change-$0.01 (-0.29%)
Volume$7.18M
CapitalizationN/A
CMC vs GGB Comparison Chart
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CMC
Daily Signalchanged days ago
Gain/Loss if shorted
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GGB
Daily Signalchanged days ago
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CMC vs. GGB commentary
Nov 14, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CMC is a Buy and GGB is a Hold.

COMPARISON
Comparison
Nov 14, 2024
Stock price -- (CMC: $60.63 vs. GGB: $3.39)
Brand notoriety: CMC and GGB are both not notable
Both companies represent the Steel industry
Current volume relative to the 65-day Moving Average: CMC: 81% vs. GGB: 66%
Market capitalization -- CMC: $6.91B vs. GGB: $6.94B
CMC [@Steel] is valued at $6.91B. GGB’s [@Steel] market capitalization is $6.94B. The market cap for tickers in the [@Steel] industry ranges from $35.74B to $0. The average market capitalization across the [@Steel] industry is $5.08B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CMC’s FA Score shows that 3 FA rating(s) are green whileGGB’s FA Score has 2 green FA rating(s).

  • CMC’s FA Score: 3 green, 2 red.
  • GGB’s FA Score: 2 green, 3 red.
According to our system of comparison, CMC is a better buy in the long-term than GGB.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CMC’s TA Score shows that 5 TA indicator(s) are bullish while GGB’s TA Score has 5 bullish TA indicator(s).

  • CMC’s TA Score: 5 bullish, 4 bearish.
  • GGB’s TA Score: 5 bullish, 5 bearish.
According to our system of comparison, CMC is a better buy in the short-term than GGB.

Price Growth

CMC (@Steel) experienced а -3.47% price change this week, while GGB (@Steel) price change was -2.87% for the same time period.

The average weekly price growth across all stocks in the @Steel industry was -2.67%. For the same industry, the average monthly price growth was +1.75%, and the average quarterly price growth was -6.88%.

Reported Earning Dates

CMC is expected to report earnings on Jan 13, 2025.

GGB is expected to report earnings on Feb 19, 2025.

Industries' Descriptions

@Steel (-2.67% weekly)

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

SUMMARIES
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FUNDAMENTALS
Fundamentals
GGB($6.94B) and CMC($6.91B) have the same market capitalization . CMC has higher P/E ratio than GGB: CMC (14.64) vs GGB (8.55). CMC YTD gains are higher at: 22.737 vs. GGB (-13.967). GGB has higher annual earnings (EBITDA): 9.8B vs. CMC (964M). GGB has higher revenues than CMC: GGB (64.6B) vs CMC (7.93B).
CMCGGBCMC / GGB
Capitalization6.91B6.94B99%
EBITDA964M9.8B10%
Gain YTD22.737-13.967-163%
P/E Ratio14.648.55171%
Revenue7.93B64.6B12%
Total Cash858MN/A-
Total Debt1.19BN/A-
FUNDAMENTALS RATINGS
CMC vs GGB: Fundamental Ratings
CMC
GGB
OUTLOOK RATING
1..100
1467
VALUATION
overvalued / fair valued / undervalued
1..100
17
Undervalued
4
Undervalued
PROFIT vs RISK RATING
1..100
1040
SMR RATING
1..100
6370
PRICE GROWTH RATING
1..100
4357
P/E GROWTH RATING
1..100
922
SEASONALITY SCORE
1..100
2685

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

GGB's Valuation (4) in the Steel industry is in the same range as CMC (17) in the Metal Fabrication industry. This means that GGB’s stock grew similarly to CMC’s over the last 12 months.

CMC's Profit vs Risk Rating (10) in the Metal Fabrication industry is in the same range as GGB (40) in the Steel industry. This means that CMC’s stock grew similarly to GGB’s over the last 12 months.

CMC's SMR Rating (63) in the Metal Fabrication industry is in the same range as GGB (70) in the Steel industry. This means that CMC’s stock grew similarly to GGB’s over the last 12 months.

CMC's Price Growth Rating (43) in the Metal Fabrication industry is in the same range as GGB (57) in the Steel industry. This means that CMC’s stock grew similarly to GGB’s over the last 12 months.

CMC's P/E Growth Rating (9) in the Metal Fabrication industry is in the same range as GGB (22) in the Steel industry. This means that CMC’s stock grew similarly to GGB’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CMCGGB
RSI
ODDS (%)
Bearish Trend 1 day ago
73%
Bearish Trend 1 day ago
76%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
55%
Bearish Trend 1 day ago
64%
Momentum
ODDS (%)
Bullish Trend 1 day ago
76%
Bullish Trend 1 day ago
77%
MACD
ODDS (%)
Bullish Trend 1 day ago
70%
Bullish Trend 1 day ago
87%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
64%
Bearish Trend 1 day ago
61%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
73%
Bullish Trend 1 day ago
74%
Advances
ODDS (%)
Bullish Trend 4 days ago
76%
Bullish Trend 8 days ago
76%
Declines
ODDS (%)
Bearish Trend 1 day ago
65%
Bearish Trend 1 day ago
67%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
71%
Bearish Trend 1 day ago
79%
Aroon
ODDS (%)
Bullish Trend 1 day ago
71%
Bearish Trend 1 day ago
67%
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CMC
Daily Signalchanged days ago
Gain/Loss if shorted
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GGB
Daily Signalchanged days ago
Gain/Loss if shorted
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GGB and

Correlation & Price change

A.I.dvisor indicates that over the last year, GGB has been loosely correlated with SID. These tickers have moved in lockstep 55% of the time. This A.I.-generated data suggests there is some statistical probability that if GGB jumps, then SID could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GGB
1D Price
Change %
GGB100%
-0.29%
SID - GGB
55%
Loosely correlated
-5.64%
MT - GGB
50%
Loosely correlated
-2.34%
ATI - GGB
46%
Loosely correlated
-0.66%
CMC - GGB
45%
Loosely correlated
-1.27%
TX - GGB
45%
Loosely correlated
-0.73%
More