Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Nucor Corp. (NUE)
NYSE:NUE
Nucor (NUE) Stock Price & Analysis
2,461 Followers
NUE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$140.08 - $203.00
Previous Close$154.79
Volume1.39M
Average Volume (3M)1.53M
Market Cap
$37.11B
Enterprise Value$39.46B
Total Cash (Recent Filing)$5.54B
Total Debt (Recent Filing)$6.85B
Price to Earnings (P/E)11.2
Beta1.39
Next Earnings
Oct 17, 2024EPS Estimate
$2.29Last Dividend Ex-Date
Jun 28, 2024Dividend Yield1.32%
Share Statistics
EPS (TTM)13.87
Shares Outstanding239,761,770
10 Day Avg. Volume1,908,393
30 Day Avg. Volume1,525,201
Standard Deviation0.13
R-Squared0.41
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)2.73
Price to Sales (P/S)4.90
Price to Cash Flow (P/CF)6.20
P/FCF Ratio11.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.16
Enterprise Value/Gross Profit5.05
Enterprise Value/Ebitda26.84
Forecast
1Y Price Target
$188.75Price Target Upside20.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Nucor News
PremiumCompany Announcements
Nucor Releases Investor Presentation with Strategic Insights
Bulls Say, Bears Say
Bulls Say
Cash FlowCash from operations of $1,535m beat both the Visible Alpha consensus of $1,189m and the $1,294m analysts modeled.
EarningsNucor reported 2Q EBITDA of $1.23bn, which beat consensus of $1.16bn and analyst's estimate of $1.07bn.
Financial PerformanceRevenue of $8,077m was above both the Visible Alpha consensus of $7,572m and analyst's model of $7,709m.
Bears Say
EarningsManagement expects weaker 3Q earnings across all of its segments, largely due to lower selling prices.
Financial Performance2Q24 EPS guidance well below consensus.
ValuationThe multiple paid is well above NUE’s own valuation of 7.5x on 2024 EBITDA estimates, which is a concern and the stock may react negatively.
---
Ownership Overview
12.51% Insiders
22.33% Mutual Funds
27.46% Other Institutional Investors
37.69% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
NUE FAQ
What was Nucor Corp.’s price range in the past 12 months?
Nucor Corp. lowest stock price was $140.07 and its highest was $203.00 in the past 12 months.
What is Nucor Corp.’s market cap?
Currently, no data Available
When is Nucor Corp.’s upcoming earnings report date?
Nucor Corp.’s upcoming earnings report date is Oct 17, 2024 which is in 83 days.
How were Nucor Corp.’s earnings last quarter?
Nucor Corp. released its earnings results on Jul 22, 2024. The company reported $2.68 earnings per share for the quarter, beating the consensus estimate of $2.489 by $0.191.
Is Nucor Corp. overvalued?
According to Wall Street analysts Nucor Corp.’s price is currently Undervalued.
Does Nucor Corp. pay dividends?
Nucor Corp. pays a Quarterly dividend of $0.54 which represents an annual dividend yield of 1.32%. See more information on Nucor Corp. dividends here
What is Nucor Corp.’s EPS estimate?
Nucor Corp.’s EPS estimate is $2.29.
How many shares outstanding does Nucor Corp. have?
Nucor Corp. has 239,761,760 shares outstanding.
What happened to Nucor Corp.’s price movement after its last earnings report?
Nucor Corp. reported an EPS of $2.68 in its last earnings report, beating expectations of $2.489. Following the earnings report the stock price went down -1.096%.
Which hedge fund is a major shareholder of Nucor Corp.?
Among the largest hedge funds holding Nucor Corp.’s share is Fisher Asset Management LLC. It holds Nucor Corp.’s shares valued at 31M.
---
Nucor Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$188.75 (20.21% Upside)
$188.75 (20.21% Upside)
Blogger Sentiment
Bullish
NUE Sentiment 81%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 35.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.93%
12-Months-Change
Fundamentals
Return on Equity
16.75%
Trailing 12-Months
Asset Growth
2.41%
Trailing 12-Months
Company Description
Nucor Corp.
Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment comprises carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products business, and wire and wire mesh. The Raw Materials segment consists direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.
---
NUE Company Deck
---
NUE Earnings Call
Q2 2024
0:00 / 0:00
---
NUE Revenue Breakdown
26.35% Sheet
17.27% Bar
14.59% Other Steel Products
7.27% Plate
34.53% Other
---
NUE Stock 12 Month Forecast
Average Price Target
$188.75
▲(20.21% Upside)
Technical Analysis
Best Analysts Covering NUE
1 Year
1 Year Success Rate
5/10 ratings generated profit
1 Year Average Return
+22.68%
reiterated a buy rating 9 days ago
Copying Alexander Hacking's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +22.68% per trade.
---