Nucor Corporation (NUE): How Leading Wall Street Experts See Things

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Nucor Corporation kicked off the trading day on 10/10/19 with a price increase of 2.89%, equivalent to $1.41 relative change for the day. Taking a more long-term approach, NUE had a 52-week range of $46.10 to $64.48. At the time of this article’s publishing, this stock is trading at $50.21 after starting the trading session at $49.29. At the time of writing, this stock’s 50-day Moving Average stands at $50.38, while the 200-day Moving Average of this stock is currently $54.93.

Currently, this company’s share volume is sitting at $1689362, but has maintained average daily volume of $2.07M. This stock has generated an average Year to Date volume of $2.35 million, alongside an average 20-day volume of $2.33 million. This publicly-traded company’s shares outstanding now amounts to $305.46 million, simultaneously with a float of $301.32 million. The organization now has a market capitalization sitting at $15.34 billion.

Nucor Corporation(NUE) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Nucor Corporation’s current insider ownership accounts for 0.70%, in contrast to 80.80% institutional ownership. According to the most recent latest insider trade that took place on Jul 24 this organization’s Executive Vice President sold 7,214 at the rate of 56.32, making the entire transaction hit 406,280 in total value, affecting insider ownership by 142,483. Preceding that transaction, on Jul 23 Company’s Executive Vice President sold 5,798 at a price of 56.47, making the whole transaction’s value amount to 327,413. This particular insider is now the holder of 93,559 in total.

If we take a glance at the Ownership summary of Nucor Corporation’s stock, Institutional holders make up 80.80% of its total stock ownership. All together, they are the legal holders of 305.46M shares. If we focus on the top 3 stockholders for this publicly-traded organization, The Vanguard Group, Inc. owns 33,371,467 shares, with State Farm Investment Management Corp. in 2nd place owning 30,448,900 shares and SSgA Funds Management, Inc. in third place with total ownership of 18,477,391 shares.

Nucor Corporation (NUE) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported $1.26 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $1.29) by -$0.03.

This company achieved a net margin of 8.84 while generating a return on equity of 22.3. Nucor Corporation’s full-quarter revenue decreased by -12.46%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.8 per share during the current fiscal year.

Nucor Corporation’s EPS increase for this current 12-month fiscal period is 109.60%, and is forecasted to reach 4.21 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will decrease by -4.11% through the next 5 years, which can be compared against the 37.30% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Nucor Corporation, this organization’s Quick Ratio in the last reported quarter now stands at 1.80. The company has managed to achieve an average true range (ATR) of 1.34. Alongside those, its PE Ratio stands at $7.06, and its Beta score is 1.64.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.61 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 16.11. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.49, whereas its price to cash per share for the last quarter landed at 4.85.

In the same vein, NUE’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 7.11, a figure that is expected to reach 0.87 in the next reported quarter, and analysts expect it will be 4.21 at the market close of one year from today’s date.