Nucor Corp Stock Analysis
NUE Stock | USD 172.62 1.12 0.64% |
Nucor Corp is fairly valued with Real Value of 168.91 and Target Price of 159.13. The main objective of Nucor Corp stock analysis is to determine its intrinsic value, which is an estimate of what Nucor Corp is worth, separate from its market price. There are two main types of Nucor Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nucor Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nucor Corp's stock to identify patterns and trends that may indicate its future price movements.
The Nucor Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Nucor Corp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Nucor Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Nucor Corp's ongoing operational relationships across important fundamental and technical indicators.
Nucor |
Nucor Stock Analysis Notes
About 81.0% of the company shares are owned by institutional investors. The book value of Nucor Corp was now reported as 86.31. The company has Price/Earnings To Growth (PEG) ratio of 0.75. Nucor Corp recorded earning per share (EPS) of 17.01. The entity last dividend was issued on the 27th of March 2024. The firm had 2:1 split on the 1st of June 2006. Nucor Corporation manufactures and sells steel and steel products. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina. Nucor Corp operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 28800 people. To find out more about Nucor Corp contact Leon Topalian at 704 366 7000 or learn more at https://www.nucor.com.Nucor Corp Quarterly Total Revenue |
|
Nucor Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nucor Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nucor Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Nucor Corp generated a negative expected return over the last 90 days | |
Over 81.0% of the company shares are owned by institutional investors | |
On 10th of May 2024 Nucor Corp paid $ 0.54 per share dividend to its current shareholders | |
Latest headline from investing.com: Earnings call Ampco-Pittsburgh reports mixed Q1 results amid challenges |
Nucor Corp Upcoming and Recent Events
Earnings reports are used by Nucor Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nucor Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
29th of January 2024 Upcoming Quarterly Report | View | |
18th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
29th of January 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Nucor Largest EPS Surprises
Earnings surprises can significantly impact Nucor Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2002-01-31 | 2001-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2001-10-18 | 2001-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2001-04-19 | 2001-03-31 | 0.1 | 0.11 | 0.01 | 10 |
Nucor Corp Environmental, Social, and Governance (ESG) Scores
Nucor Corp's ESG score is a quantitative measure that evaluates Nucor Corp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Nucor Corp's operations that may have significant financial implications and affect Nucor Corp's stock price as well as guide investors towards more socially responsible investments.
Nucor Corp Thematic Classifications
In addition to having Nucor Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ManufacturingManufacturing of goods across different domains | ||
Steel Works EtcUSA Equities from Steel Works Etc industry as classified by Fama & French | ||
Power AssetsHigh potential, large capitalization stocks theme |
Nucor Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nucor Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nucor Corp backward and forwards among themselves. Nucor Corp's institutional investor refers to the entity that pools money to purchase Nucor Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Norges Bank | 2023-12-31 | 2.2 M | Legal & General Group Plc | 2023-12-31 | 2.1 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 2.1 M | Pacer Advisors, Inc. | 2023-12-31 | 2.1 M | Amvescap Plc. | 2023-12-31 | 2 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.7 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.5 M | First Trust Advisors L.p. | 2023-12-31 | 1.4 M | Wells Fargo & Co | 2023-12-31 | 1.3 M | Vanguard Group Inc | 2023-12-31 | 29.5 M | State Farm Mutual Automobile Ins Co | 2023-12-31 | 25.1 M |
Nucor Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 41.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nucor Corp's market, we take the total number of its shares issued and multiply it by Nucor Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Nucor Profitablity
Nucor Corp's profitability indicators refer to fundamental financial ratios that showcase Nucor Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Nucor Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nucor Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nucor Corp's profitability requires more research than a typical breakdown of Nucor Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.12 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.16 | 0.17 | |
Return On Capital Employed | 0.20 | 0.14 | |
Return On Assets | 0.13 | 0.07 | |
Return On Equity | 0.22 | 0.12 |
Management Efficiency
Nucor Corp has Return on Asset of 0.1096 % which means that on every $100 spent on assets, it made $0.1096 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2228 %, implying that it generated $0.2228 on every 100 dollars invested. Nucor Corp's management efficiency ratios could be used to measure how well Nucor Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.17, whereas Return On Capital Employed is forecasted to decline to 0.14. At present, Nucor Corp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 354 M, whereas Net Tangible Assets are forecasted to decline to about 7.1 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | 83.84 | 88.03 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 60.24 | 63.25 | |
Enterprise Value Over EBITDA | 5.94 | 7.18 | |
Price Book Value Ratio | 2.08 | 2.55 | |
Enterprise Value Multiple | 5.94 | 7.18 | |
Price Fair Value | 2.08 | 2.55 | |
Enterprise Value | 14.7 B | 15.4 B |
The analysis of Nucor Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Nucor Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Nucor Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0124 | Forward Dividend Yield 0.0124 | Forward Dividend Rate 2.16 | Beta 1.661 |
Technical Drivers
As of the 14th of May 2024, Nucor Corp secures the Risk Adjusted Performance of (0.03), mean deviation of 1.09, and Standard Deviation of 1.7. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nucor Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to break down and analyze data for thirteen technical drivers for Nucor Corp, which can be compared to its peers in the industry. Please verify Nucor Corp mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Nucor Corp is priced some-what accurately, providing market reflects its recent price of 172.62 per share. Given that Nucor Corp has information ratio of (0.11), we recommend you to check Nucor Corp's last-minute market performance to make sure the company can sustain itself at a future point.Nucor Corp Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nucor Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nucor Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nucor Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nucor Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nucor Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nucor Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Allen Behr over a week ago Disposition of tradable shares by Allen Behr of Nucor Corp at 189.96 subject to Rule 16b-3 | ||
Theophilus Nicole B over a week ago Acquisition by Theophilus Nicole B of 5335 shares of Nucor Corp subject to Rule 16b-3 | ||
Allen Behr over two weeks ago Disposition of 237 shares by Allen Behr of Nucor Corp at 190.01 subject to Rule 16b-3 | ||
Stephen Laxton over a month ago Acquisition by Stephen Laxton of 10536 shares of Nucor Corp subject to Rule 16b-3 | ||
John Walker over a year ago Acquisition by John Walker of 2127 shares of Nucor Corp subject to Rule 16b-3 | ||
Utermark D Chad over a year ago Payment of 523 shares by Utermark D Chad of Nucor Corp subject to Rule 16b-3 |
Nucor Corp Outstanding Bonds
Nucor Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nucor Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nucor bonds can be classified according to their maturity, which is the date when Nucor Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
NUE 3125 01 APR 32 Corp BondUS670346AV71 | View | |
NUE 2979 15 DEC 55 Corp BondUS670346AU98 | View | |
NUE 385 01 APR 52 Corp BondUS670346AW54 | View | |
US670346AR69 Corp BondUS670346AR69 | View | |
NUCOR P 44 Corp BondUS670346AQ86 | View | |
US670346AS43 Corp BondUS670346AS43 | View | |
NUE 43 23 MAY 27 Corp BondUS670346AY11 | View | |
NUCOR P 52 Corp BondUS670346AN55 | View |
Nucor Corp Predictive Daily Indicators
Nucor Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nucor Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 19865.67 | |||
Daily Balance Of Power | (0.33) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 173.69 | |||
Day Typical Price | 173.33 | |||
Price Action Indicator | (1.62) | |||
Period Momentum Indicator | (1.12) |
Nucor Corp Corporate Filings
8K | 14th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 8th of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 3rd of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 30th of April 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 22nd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 26th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 25th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
22nd of March 2024 Other Reports | ViewVerify |
Nucor Corp Forecast Models
Nucor Corp's time-series forecasting models are one of many Nucor Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nucor Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Nucor Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nucor Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nucor shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nucor Corp. By using and applying Nucor Stock analysis, traders can create a robust methodology for identifying Nucor entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.18 | 0.19 | |
Operating Profit Margin | 0.18 | 0.19 | |
Net Profit Margin | 0.13 | 0.14 | |
Gross Profit Margin | 0.23 | 0.18 |
Current Nucor Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nucor analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nucor analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
159.13 | Buy | 13 | Odds |
Most Nucor analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nucor stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nucor Corp, talking to its executives and customers, or listening to Nucor conference calls.
Nucor Stock Analysis Indicators
Nucor Corp stock analysis indicators help investors evaluate how Nucor Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nucor Corp shares will generate the highest return on investment. By understating and applying Nucor Corp stock analysis, traders can identify Nucor Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow | 4.3 B | |
Long Term Debt | 6.5 B | |
Common Stock Shares Outstanding | 250.4 M | |
Total Stockholder Equity | 20.9 B | |
Tax Provision | 1.4 B | |
Quarterly Earnings Growth Y O Y | -0.224 | |
Property Plant And Equipment Net | 11.2 B | |
Cash And Short Term Investments | 7.1 B | |
Cash | 6.4 B | |
Accounts Payable | 2 B | |
Net Debt | 566 M | |
50 Day M A | 187.0416 | |
Total Current Liabilities | 4.6 B | |
Other Operating Expenses | 28.5 B | |
Non Current Assets Total | 19 B | |
Forward Price Earnings | 14.6199 | |
Non Currrent Assets Other | 201.4 M | |
Stock Based Compensation | 130.2 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nucor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Nucor Stock analysis
When running Nucor Corp's price analysis, check to measure Nucor Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nucor Corp is operating at the current time. Most of Nucor Corp's value examination focuses on studying past and present price action to predict the probability of Nucor Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nucor Corp's price. Additionally, you may evaluate how the addition of Nucor Corp to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is Nucor Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nucor Corp. If investors know Nucor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nucor Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Dividend Share 2.1 | Earnings Share 17.01 | Revenue Per Share 138.14 | Quarterly Revenue Growth (0.07) |
The market value of Nucor Corp is measured differently than its book value, which is the value of Nucor that is recorded on the company's balance sheet. Investors also form their own opinion of Nucor Corp's value that differs from its market value or its book value, called intrinsic value, which is Nucor Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nucor Corp's market value can be influenced by many factors that don't directly affect Nucor Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nucor Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nucor Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nucor Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.