|Bid||51.84 x 900|
|Ask||51.85 x 1400|
|Day's Range||51.54 - 52.15|
|52 Week Range||47.13 - 68.84|
|Beta (3Y Monthly)||1.58|
|PE Ratio (TTM)||6.49|
|Forward Dividend & Yield||1.60 (3.33%)|
|1y Target Est||N/A|
Nucor Corp NYSE:NUEView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for NUE with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NUE. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold NUE had net inflows of $6.46 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. NUE credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Is Nucor Corporation (NYSE:NUE) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before doing days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have […]
Investing.com - United States Steel rallied on Tuesday despite Goldman Sachs downgrading the company and warning that the backdrop for the steel industry is flimsy amid "materially" lower steel prices.
For the second time in a week, a Wall Street analyst has downgraded a major U.S. steel stock. This time, it’s United States Steel Corporation (NYSE: X ) on the chopping block. The Analyst Goldman Sachs ...
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
CNBC screened the components of the S&P 500 by their respective revenue exposure to Mexico. Kansas City Southern, Union Pacific, PepsiCo and Nucor were among those with the highest proportion of sales in the country. President Donald Trump said Thursday night that he will impose a 5% tariff on all Mexican imports starting June 10 if Mexico doesn't take steps to secure its border.
On May 14, U.S. President Donald Trump credited hit tariffs on imported steel with rebuilding the U.S. steel industry, which he said is now “booming.” However, shares of North Carolina steel producer Nucor ...
Wall Street is abandoning the steel sector. Deutsche Bank downgraded shares of U.S. Steel, Steel Dynamics and Nucor.
Falling prices, and uncertainty over where they might find a bottom, are forcing buyers to hold off lest they be stuck with costly supplies. Steelmakers are cutting production.
Steel represents a significant amount of materials trading done on the stock market. Some companies perform better than others—for a number of reasons.
How Analysts Are Rating Steel Stocks after Their Q1 Results(Continued from Prior Part)NucorNucor (NUE), the largest US-based steel producer, has received “strong buy” ratings from four analysts, while seven have given it “buy” ratings. The
The upgrade will not mean any additional employment at Nucor Steel South Carolina in Darlington, which now provides about 450 jobs. The difference will be in the quality of steel products it can produce, not in the quantity.
Last week, The Washington Post reported President Donald Trump told White House advisers, military engineers and Homeland Security executives that the border barrier with Mexico will not be a concrete wall as he had originally promised, but a 1,954 mile-long fence of steel poles. Warning! GuruFocus has detected 4 Warning Signs with TSLA. The Ebitda margin is an indicator of profitability for companies that operate in a capital-intensive industry like steel.
WASHINGTON/OTTAWA (Reuters) - The United States struck deals on Friday to lift tariffs on steel and aluminium imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals shipments, will also eliminate Mexican and Canadian retaliatory tariffs on a broad range of U.S. products, including pork, beef and bourbon. The United States and Canada said their agreement will be implemented by Sunday afternoon, and includes new curbs aimed at preventing dumped steel and aluminium from China and other countries from entering the U.S. market via Canada.
Steel maker stocks dropped in midday trade Friday, after The Wall Street Journal reported that U.S. trade negotiators were close to a deal with Canada and Mexico to end tariffs on steel imports. Shares of U.S. Steel Corp. fell 2.7%, Nucor Corp. shed 3.6%, Steel Dynamics Inc. gave up 2.9% and ArcelorMittal slid 3.4%. Meanwhile, the S&P 500 was down just 0.2%. Among aluminum companies, Alcoa Corp.'s stock fell 1.7% and Kaiser Aluminum Corp. declined 1.5%. The WSJ reported, citing sources, that U.S. trade negotiators were trying to reach a deal on tariffs with Canada and Mexico to "push USMCA through Congress."
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...