On Tuesday, Steel Dynamics Inc (NASDAQ: STLD) opened higher 1.55% from the last session, before settling in for the closing price of $133.58. Price fluctuations for STLD have ranged from $104.60 to $151.34 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 15.47% over the past five years. Company’s average yearly earnings per share was noted -30.81% at the time writing. With a float of $144.00 million, this company’s outstanding shares have now reached $160.02 million.
Let’s look at the performance matrix of the company that is accounted for 12600 employees. In terms of profitability, gross margin is 17.23%, operating margin of 12.42%, and the pretax margin is 12.74%.
Steel Dynamics Inc (STLD) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Steel industry is another important factor to consider. The insider ownership of Steel Dynamics Inc is 6.68%, while institutional ownership is 85.01%. The most recent insider transaction that took place on Oct 28 ’24, was worth 269,720. In this transaction Vice President of this company sold 2,000 shares at a rate of $134.86, taking the stock ownership to the 17,100 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Officer proposed sale 2,000 for $134.86, making the entire transaction worth $269,725.
Steel Dynamics Inc (STLD) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -30.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 22.30% growth over the previous five years of trading.
Steel Dynamics Inc (NASDAQ: STLD) Trading Performance Indicators
Check out the current performance indicators for Steel Dynamics Inc (STLD). In the past quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.17. Likewise, its price to free cash flow for the trailing twelve months is 48.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.05, a number that is poised to hit 1.80 in the next quarter and is forecasted to reach 9.85 in one year’s time.
Technical Analysis of Steel Dynamics Inc (STLD)
Steel Dynamics Inc (NASDAQ: STLD) saw its 5-day average volume 1.03 million, a negative change from its year-to-date volume of 1.26 million. As of the previous 9 days, the stock’s Stochastic %D was 79.87%. Additionally, its Average True Range was 3.62.
During the past 100 days, Steel Dynamics Inc’s (STLD) raw stochastic average was set at 91.00%, which indicates a significant increase from 72.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.39% in the past 14 days, which was higher than the 31.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $124.28, while its 200-day Moving Average is $128.30. Nevertheless, the first resistance level for the watch stands at $137.00 in the near term. At $138.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $140.95. If the price goes on to break the first support level at $133.05, it is likely to go to the next support level at $130.45. The third support level lies at $129.10 if the price breaches the second support level.
Steel Dynamics Inc (NASDAQ: STLD) Key Stats
There are currently 154,303K shares outstanding in the company with a market cap of 20.93 billion. Presently, the company’s annual sales total 18,795 M according to its annual income of 2,451 M. Last quarter, the company’s sales amounted to 4,342 M and its income totaled 317,800 K.
